SUMMARY Moral Hazard in Equity Contracts: The Principal-Agent Problem The separation of ownership and control involves moral hazard‚ in that the managers (the agents) may act in their own interest rather than in the interest of the stockholder-owners (the principals) because the managers have less incentive to maximize profits than the stockholder-owners do. Tools to Help Solve the Principal-Agent Problem Production of Information: Monitoring Stockholders engage in a particular type of information
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BIOLOGICAL HAZARDS Biological hazard are acquired from disease causing microorganism and the poisonous toxins they may produce. Biological hazard are far the most dangerous foodborne hazard in the food service and food retail businesses. These includes harmful microorganism seen only in the microscope 1. BACTERIA 2.VIRUSES 3. PARASITES 4. MOLDS 5. YEAST Other living organism are: • Insects: RODENTS FARM ANIMAL DOMESTIC PETS BIRDS FISH PLANTS TRANSMIT DISEASE TO HUMAN BEING
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Moral Hazard? Moral Hazard occurs ｫwhen a party insulated from risk behaves differently than it would behave if it were fully exposed to the riskｻ. In that definition of moral hazard the idea of risk is very present‚ so we can easily see how this concept is related to the financial system and the banks. Indeed Moral hazard is the idea that banks could take unnecessary risks because they believe they池e too big to fail and would be bailed out in future crises. So moral hazard shows
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HAZARD amphetamines Many women are vying to be skinny to look attractive so that they select a shortcut‚ using slimming products. Though slimming products are not necessarily safe. Some slimming products found to contain a compound called amphetamines. Amphetamine is a compound that is quite commonly found in products slimming (weight loss)‚ which claims the product is free from hazardous substances. At first‚ circa the 1960s‚ amphetamines may be freely used for weight loss. Amphetamines suppress
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Web Hazard Internet access can be neglectful to people and to their loved ones. Internet addictions may cause the person to be more obsessed with the computer‚ to avoid family time‚ and to be stuck in a fantasy world. Many people to spend more and more time at the computer‚ which can be addictive. According to Payne’s article‚ “On such boards [Internet Addicts Anonymous‚ Gaming Addiction and Internet Addicts Recovery Club]‚ posters admit that they feel as though they can’t step away from the computers
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Georgia BUSA 3000 Professor Dakhli October 25‚ 2014 Part I. Country Background: Georgia is a country located on the eastern part of the Black Sea‚ next to Turkey‚ Azerbaijan‚ Armenia‚ and Russia. The size of the country is 69‚799 square miles and holds a population of 4‚935‚880 (globalEDGE). The country ’s political system is a republic ran by both the President Giorgi Margvelashvili and the Prime Minister Irakli Aribashvili. The form of law in Georgia is civil law and the political
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Hazard identification Malathion is an insecticide that is used primarily on crops to control insects. Malathion brakes down quickly when exposed to the elements like soil‚ water‚ and sunlight. Normally people are not exposed to this insecticide unless they are in the vicinity of the area that is being sprayed. Then the risk will be the spray that is in the air‚ or on surfaces that have been touched. (http://www.atsdr.cdc.gov) Malathion affects how the brain and the nervous system
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Index Back Next xxii Index Back Next National Disaster Management Guidelines Chemical Disasters (Industrial) i Index Back Next ii Index Back Next National Disaster Management Guidelines Chemical Disasters (Industrial) National Disaster Management Authority Government of India iii Index Back Next iv Index Back Next Member National Disaster Management Authority Government of India ACKNOWLEDGEMENTS I am thankful
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To what extent can preparedness and planning mitigate the effects of volcanic hazards? (40 marks) A volcanic hazard is a situation that poses a threat to life‚ the environment‚ and infrastructure after a volcanic eruption. Volcanoes are formed at various plate boundaries‚ such as at mid oceanic ridges where plates are moving apart‚ for example at the Mid Atlantic ridge. They also occur on or near subduction zones. The ‘ring of fire’ tends to be where the most violent volcanic activity occurs.
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A bushfire is a firre burning out of control inthe open. Bushfires can burn using grass‚scrub or forest (or a combination of these) forfuel. Unless quickly controlled‚ bushfirescan become large‚ spreading to affect forests‚wildlife‚ crops‚ houses and other buildings‚and human life. In Australia‚ some bushfireshave become major disasters. Fires are not a recent occurrence in Australia. Since the last Ice Age‚ bushfires have influencedthe development of the Australian land. Fires arean essential
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