Equity Equity means social justice or fairness; it is an ethical concept‚ grounded in principles of distributive justice.39–[->0]42[->1] Equity in health can be—and has widely been—defined as the absence of socially unjust or unfair health disparities.1‚[->2]6[->3] However‚ because social justice and fairness can be interpreted differently by different people in different settings‚ a definition is needed that can be operationalised based on measurable criteria. For the purposes of operationalisation
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Critical analysis of the implication of overreaction to the return predictability in UK stock market Over the past decades‚ overreaction has drawn attention from many economic researchers‚ the most significant studies being Jegadeesh and Titman‚ (1993)‚ De Bondt and Thaler (1985) proving the existence of overreaction. In their framework‚ they violated the EMH assumption. Then many later studies examined the overreaction effect through different market anomalies with One of the important anomalies
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have a skewed view on the world. We judge ourselves by our intentions‚ but others by their actions; therefore‚ we only see through the lens of what we are trying to do‚ and not through the lens of what we actually do. We avoid the unpleasantness of failure by retreating to our so-called good intentions even though actions speak louder than words. People should be judged according to the results of their motivations because if their intentions were good their actions would support it. Promises are
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1 The statement by Henry Kravis that private equity was in its “golden era” might sound like hubris to the unacquainted observer but may actually not be far off from the reality given the growth of private equity funds under management since the advent of large-scale leveraged buy-outs (LBOs) in the 1980s. Henry Kravis as a principal partner in Kohlberg‚ Kravis & Roberts (KKR) pioneered LBOs in the late 1970s and KKR has been a major private equity firm since having reportedly invested in over 160
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Academy of Management Journal 2012‚ Vol. 55‚ No. 2‚ 421–457. http://dx.doi.org/10.5465/amj.2008.0352 FROM COMMON TO UNCOMMON KNOWLEDGE: FOUNDATIONS OF FIRM-SPECIFIC USE OF KNOWLEDGE AS A RESOURCE RAJIV NAG Georgia State University DENNIS A. GIOIA The Pennsylvania State University Although the knowledge-based view of strategy has significantly advanced understanding of the foundations of competitive advantage‚ less is known about how knowledge becomes a strategic resource. In this study‚ we develop
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basic needs of organisation; it is needed in every step of business‚ from buying raw materials to selling their goods. To maintain this capital‚ business needs to identify and allocate their proper source of finance. The place where the business gets their funds from is called their source of capital. The business have two different source of finance‚ internal source (for ex: retained profits‚ sales of existing assets‚ cut down stock level‚ etc) and external sources that can be furthermore divided into
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kids and teens participate in sports in any school year. Many people claim that sports do more harm than good‚ but sports have many positives. Youth sports are helpful. Being that sports are proven to have positive outcomes on kids and teens‚ help them stay active and away from obesity‚ and they are a big part of teen’s lives today. Many people see sports are harmful and glamorized - taking attention away from the arts and academics. Studies show that high school athletes suffer about 4.36 per 1
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will show you why the greasers suffer more than the Socs. In the story‚ the greasers are always getting bothered by the Socs. The greasers are always having it very hard everyday. The greasers do not have everything‚ while the Socs have everything. The greasers struggle more than the Socs because they were poor‚ their parents did not care about them‚ and they were always in fights. The greasers main problem is that they are poor which gives them a horrible life. “We’re poorer than the Socs and
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Cost of equity refers to a shareholder’s required rate of return on an equity investment. It is the rate of return that could have been earned by putting the same money into a different investment with equal risk. How It Works/Example: The cost of equity is the rate of return required to persuade an investor to make a given equity investment. In general‚ there are two ways to determine cost of equity. First is the dividend growth model: Cost of Equity = (Next Year’s Annual Dividend /
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Subordinated debentures are more risky than unsubordinated debentures because the claims of subordinated debenture holders are less likely to be honored in the event of liquidation. Answer True False 1 points Question 2 Junk bonds are also called high-yield bonds. Answer True False 1 points Question 3 The expected yield on junk bonds is lower than the yield on AAA-rated bonds because of the higher default risk associated with junk bonds. Answer
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