Suleiman What is conflict of interest? Conflict of interest is not between conflicting interests only‚ but it is more about when a personal interest comes into conflict with an obligation to serve other’s interests. This type of ‘obligation’ is characterized by a relation between an (agent) who agrees to act in the interest of the (principal)‚ for example- among fiduciaries‚ such as executors and trustees. The subject matter: The subject matter regarding the conflict of interest topic is Egypt ’s
Premium Political corruption Cost-benefit analysis Welfare economics
Mandy 9943018 Laurana 9853047 Cristine A Formula for Economic Calamity一帖經濟蕭條的解藥? The market crash of 2008 that plunged the world into the economic recession from which it is still reeling had many causes. One of them was mathematics. Financial investment firms had developed such complex ways of investing their clients’ money that they came to rely on arcane formulas to judge the risks they were taking on. Yet as we learned so painfully three years ago‚ those formulas‚ or models‚ are only pale
Premium Investment Risk Finance
Agency costs arise when conflicts of interest occur among stakeholders and must be paid out to an agent acting on behalf of a principal. According to Peavler (2013)‚ “There is an agency cost that exists in every business that has owners or shareholders and managers who are not necessarily owners. Agency cost means that shareholders and business managers may not necessarily agree on the actions that are best for the business firm and that there is an inherent cost to that disagreement. That leads
Premium Corporate finance Finance Stock
Question 1: Discuss the issues of contract law that arise. 1. The main legal issue in the case is whether the contract has been formed and Daphne is subjected to contract and obligated to pay £200 to Sonya for the TV. The law of contract regarding offer acceptance states that in order to form a contract‚ the acceptance must be unconditional (Black 2011) . Counter-offer is a response to an offer which‚ while not expressly rejecting the offer‚ seeks to qualify it by deleting some of the terms. The
Premium Contract Breach of contract Offer and acceptance
Sometimes individuals may want to do something which could be a risk to their Health and safety. As a carer you have a duty of care to that person and you must do all that you can to keep them safe but you also have a duty to respect the individuals rights and choice‚ so you have a dilemma. It could be that the individual no longer wishes to use her walking frame‚ but her care plan states that she needs it to move from place to place and you are to ensure you encourage it’s use. In this scenario
Premium Risk Risk management Core issues in ethics
CORPORATE GOVERNANCE AND BUSINESS ETHICS ASSIGNMENT TOPIC: Principals (shareholders) – agent (managers) problem represents the conflict of interest between management and owners. For example‚ if shareholders cannot effectively monitor the managers’ behaviour‚ then managers may be tempted to use the firm’s assets for their own ends‚ all at the expenses of shareholders. Discuss the pros and cons of this statement with regard to duties of Board of Directors. Most organisations these
Premium Board of directors Fiduciary Corporate governance
LIX‚ NO. 1 • FEBRUARY 2004 Bondholder Wealth Effects in Mergers and Acquisitions: New Evidence from the 1980s and 1990s MATTHEW T. BILLETT‚ TAO-HSIEN DOLLY KING‚ and DAVID C. MAUER∗ ABSTRACT We examine the wealth effects of mergers and acquisitions on target and acquiring firm bondholders in the 1980s and 1990s. Consistent with a coinsurance effect‚ below investment grade target bonds earn significantly positive announcement period returns. By contrast‚ acquiring firm bonds earn negative announcement
Premium Bond Investment Debt
Chapter - I Introduction of the study 1.1 Introduction The management of any firm is interested in knowing the strengths and weakness of the firms. They would like to spot out the financial weakness of the firm to take suitable corrective actions. The future plans of the firms should be laid down in view of the firm should be laid down in view of the firm’s financial analysis is the starting point for making plans before using any sophisticated forecasting and planning procedures. The
Premium Balance sheet Financial ratios Financial ratio
Nonprofit Conflict of Interest: A 3-Dimensional View. Jan Masaoka wrote the article back in July of 2010. She is a writer for Blue Avocado‚ which is a magazine for American non-profit. Blue Avocado is the semi-monthly newsletter of American Nonprofits‚ a membership organization that provides practical financial information and support to U.S. 501(c)(3) nonprofit organizations‚ staff‚ stakeholders and volunteers. The article I chose related to conflict of interest. Conflict of interest (COI) happens
Premium Management Corporation Stock
Financial Crises and Firm Performance Financial crises • Financial crises could happen anywhere‚ although emerging markets tended to be more seriously afflicted in recent times • Companies operating in a region where a financial crisis had broken out could undergo corporate disasters as a result. • The following sections describe what happened during three major financial crises in the late 1990s and early 2000s‚ and how the business sectors of the regions were affected. • The best-known of
Premium Economics Bank Financial crisis