Introduction In this decade‚ we have seen an increase in women ’s participation in the board of director. Previously‚ we can see around the world‚ every board of director of a single company led by men only. But‚ over the time‚ women are slowly absorbed into the board of director and they play a great role as well as a good impact in the improvement of the company. A new study suggested that‚ putting women on boards of directors is a good way to make companies more profitable and better governed. It is because
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Agency Theory and Its Consequences A study of the unintended effect of Agency Theory on Risk and Morality M.Sc. FSM Master Thesis: Agency Theory & Its Consequences Master Thesis at Copenhagen Business School Student: Thomas Rüdiger Smith Programme: M.Sc Finance & Strategic Management Advisor: Sven Junghagen‚ Department of Management Politics & Philosophy August‚ 2011 Total Pages: 78 (133 with appendix and summary) Characters: 181647 (246486 with appendix and summary) Thomas Rüdiger
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Agency theory Agency theory identifies the agency relationship where one party‚ the principal‚ delegates work to another party‚ the agent. In the context of a corporation‚ the owners are the principal and the directors are the agent. This model of corporate governance and subsequent research focused on resolving conflicts of interest between corporate management and shareholders (Jensen and Meckling‚ 1976) and has largely adopted an agency theory approach. Key assumption is that the principals and
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Agency theory relative to corporate governance assumes a two-tier form of firm control: managers and owners. Agency theory holds that there will be some friction and mistrust between these two groups. The basic structure of the corporation‚ therefore‚ is the web of contractual relations among different interest groups with a stake in the company. In general‚ there are three sets of interest groups within the firm. Managers‚ stockholders and creditors (such as banks). Stockholders often have conflicts
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------------------------------------------------- Kraft Foods’ Board of Directors Name/Title | Current Board Membership | John T. Cahill‚ 56Executive Chairman | Legg Mason‚ Inc.‚ Colgate-palmolive Co.‚ Kraft Foods Group‚ Inc. | William Anthony Vernon‚ 57Chief Executive Officer & Director | Novocure Ltd.‚ Philadelphia Youth Organization‚ Kraft Foods Group‚ Inc.‚ Medivation‚ Inc. | Myra Maloney Hart‚ 72Independent Director | Kraft Foods Group‚ Inc.‚ Nina Mclemore Llc‚ Babson College‚ Center
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Board of Directors Driving through a snow storm on a cold October night‚ my mother held in her arms a child she expected to see a week later. In the blink of an eye‚ sixteen years of my life passed by. Although I am only sixteen‚ I have met thousands of people during my lifetime. Over the years I have made friends and lost some‚ met teachers and seen them retire‚ and flown half way across the world to visit family members I rarely see. All of these people have influenced me positively‚ negatively
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men‚ why do you think women occupy so few seats on boards of directors? Woman participation and equality on work positions have been staying at all the time. Lately‚ this issue is concerned more than before and many countries tend to increase the woman representation especially on the boards of directors. There is a perception that its better the men should lead any organization and they could have better been staying in the boards on director position among the people. I think this perception
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Art 101 April 11‚ 2012 Board of Directors The watercolor painting titled Board of Directors by Jack C. DeLoney shows four fat hogs; three of them pink and one black. The hogs appear to be standing on tan‚ light colored dirt‚ with patches of gray and blue. Behind them you see dark blackish purple trees. A small area of blue and pink sky can be seen in the center portion between the trees. The first hog‚ farthest to the left of the painting‚ is pink and is lying down and appears to be sleeping
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28 17 31 83 E-Mail director@liba.edu Website www.liba.edu Not Applicable II. Name & Address of the Director Name Dr. P. Christie S.J.‚ M.Sc.‚ M.B.A. (St. Louis‚ USA)‚ Ph.D. (St. Louis‚ USA) Address Jesuit Residence Loyola College 1‚ Sterling Road Nungambakkam Chennai STD Code 044 Phone No. (O) 28 17 71 00 Fax No. 28 17 31 83 STD Code 044 Phone No. (R) 28 17 82 00 Fax No. --- E-Mail director@liba.edu Mobile Phone
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Module Title: Finance Principles Module Code: 5AC002 Module Leader: William Coffie Student Name and Number: Qianhui MA(1223583) Date of Submission: 14th Jan 2013 Words: 1441 Agency Theory and Corporate Governance Introduction In 26th February 1995‚ the Barings Bank‚ one of the oldest banks of the United Kingdom was declared bankrupt. Nick Leeson‚ the trader of the bank in Singapore had lost $1.4 billion on derivatives trading while the bank reported capital was only about
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