Impact of Corporate Governance on Stock Market Performance Farah Rezwan Reyan Zeenat Hai Nogmaye Habiba Abstract The paper aims to establish a relationship between Corporate Governance and stock market performance. In doing so‚ several variables had been identified by a thorough review of literature. These variables were measured on the basis of their performance‚ in respect to developed and developing countries‚ in relation to Corporate Governance. The performance measures were done by using
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In capital market‚ the financial reporting and corporate disclosure are important since
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CORPORATE BOND MARKET DEVELOPMENT IN KENYA There are several good reasons for developing bond market. The most fundamental reason is to make financial and capital market more complete by generating market interest rates that reflect the opportunity cost of funds at each maturity. This is essential for efficient investment and financing decisions. Moreover the existence of tradable instruments helps risk management. Further the use of financial guarantees and other types of underwriting is becoming
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action is still largely being enforced. Because of this‚ much controversy over its relevance in our current day society strongly exists. While proponents may argue that Affirmative Action is still needed‚ many feel that it is now counter-productive. Americans tend to be a highly competitive society‚ favoring an applicant due to their skin color‚ religion or ethnicity unfairly gives a boost to those that are competing on ability alone (Storey‚ 2011). Currently the Supreme Court is reviewing
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Managing emotions after restructuring processes 1. Introduction Sometimes it is unavoidable for a company to make decisions that cause toxic emotions among the employees‚ for example job-cuttings during restructuring processes. Such decisions‚ despite of being necessary‚ can trigger fear and anger on employees ’ side. Without handling such situations appropriately and recognizing the existence of toxic emotions‚ the organization is often not able to realize the planned gains and manage the
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Fractional Fourier Transform Adhemar Bultheel and H´ctor E. Mart´ e ınez Sulbaran 1 Dept. of Computer Science‚ Celestijnenlaan 200A‚ B-3001 Leuven Abstract In this note we make a critical comparison of some matlab programs for the digital computation of the fractional Fourier transform that are freely available and we describe our own implementation that filters the best out of the existing ones. Two types of transforms are considered: First the fast approximate fractional Fourier transform algorithm
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Discrete wavelet transform 2 Others Other forms of discrete wavelet transform include the non- or undecimated wavelet transform (where downsampling is omitted)‚ the Newland transform (where an orthonormal basis of wavelets is formed from appropriately constructed top-hat filters in frequency space). Wavelet packet transforms are also related to the discrete wavelet transform. Complex wavelet transform is another form. Properties The Haar DWT illustrates the desirable properties of wavelets
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action alone causes transformation. Transformation is not just change. Change is often reversible and external. But transformation is lasting and happens from within. A caterpillar transforms into a butterfly. A child transforms into a youth and an adult. A country transforms into a nation. A nation transforms from a developing nation to a developed nation. We have transformed as a country to attain political freedom and have come a long way since then. We have the potential to lead the world
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Introduction to Laplace Transforms for Engineers C.T.J. Dodson‚ School of Mathematics‚ Manchester University 1 What are Laplace Transforms‚ and Why? This is much easier to state than to motivate! We state the definition in two ways‚ first in words to explain it intuitively‚ then in symbols so that we can calculate transforms. Definition 1 Given f‚ a function of time‚ with value f (t) at time t‚ the Laplace transform of f is ˜ denoted f and it gives an average value of f taken over all
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IMPACTS OF TOTAL PRODUCTIVE MAINTENANCE (TPM) ABSTRACT: Total Productive Maintenance (TPM) is a conceptual approach which focuses at the maximization of effectiveness of different facilities within an organization. In its major role it helps us understand the relationships between the different organizational functions and in particularly between production and maintenance (Park and Han‚ 2001). As many companies around the world have implemented TPM and are successful and satisfied with the
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