VOL 20 NO 157 REGD NO DA 1589 | Dhaka‚ Thursday‚ March 28 2013 | http://www.fe-bd.com/index.php?ref=MjBfMDNfMjhfMTNfMV85Ml8xNjQ1NzA= | Bangladesh Bank mulls agent banking for financial inclusionM S Siddiqui Agent banking is a financial service offered to customers by a third party on behalf of a financial institution (FI). An agent is an entity that is engaged by an FI to provide specific financial services on its behalf using the agent’s premises. It is an additional delivery channel that
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Principal Agent Problem Running a business can be a tricky expenditure in today’s society. As we know a business can only be successful economically if they are bringing more money than they are putting out. Owners of businesses realize that positive economic profit is essential to the livelihood of their businesses. As with every business‚ employees are hired to do specific tasks that the owner assigns for them. However‚ with employees comes the responsibility of managing them. This is where a
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because the cats are going to be replaced anyway by kittens that are being born. Alley Cat Allies‚ an organization that is dedicated to educating the public on feral cats‚ advocating for them‚ and establishing human ways of controlling the feral cat population instead of killing them‚ stated in their article‚ “Why Trap-Neuter-Return Feral Cats? The Case for TNR‚” that is published on their website‚ “Over 70% of cats entering shelters are killed - a figure that rises to
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the most important agent of socialisation? Socialisation is how a certain agent of socialisation socialises us into our gender roles and teaches us the norms and values of society. Family is an example of an informal agent of socialisation; there are other informal agents such as peers‚ education‚ workplace‚ mass media and religion. There are also formal agents and these include the army‚ the police‚ the government‚ the courts and the prison cells. Family is an important agent of socialisation because
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Agent Installation Guide www.absolute.com March 10‚ 2010 Agent Installation Guide 5.0 - Documentation Release 1 This document‚ as well as the software described in it‚ is confidential and contains proprietary information protected by non-disclosure agreements. No part of this document may be reproduced in any form or disclosed to any party not bound by a non-disclosure agreement without the express written consent of Absolute Software Corporation. Absolute Software Corporation reserves the
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AGENCY 1. DEFINITION OF AGENCY "Agency is the relationship that exists between two persons‚ when one‚ called the agent‚ is considered in law to represent the other‚ called the principal‚ in such a way as to be able to affect the principal ’s legal position in respect of strangers to the relationship by the making of contracts or the [sale or purchase] of property." So‚ an agent is someone who represents another‚ called the principal‚ in dealings with third persons. Agency is therefore an
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Manipulation of the Socialization Aspect of Schools Kierra Snyder Education tends to become a first priority in the lives of young people‚ and as it does it assumes some of the responsibilities of socialization previously held within the family unit. One major aspect of this is the development of respect for peers and their individual cultures and identities. In this day and age this form of socialization is becoming more important as it teaches children to accept those around them‚ helping
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Principal-agent problem is a particular game-theoretic description of a situation. There is a player called a principal‚ and one or more other players called agents with utility functions that are in some sense different from the principal’s. The principal can act more effectively through the agents than directly‚ and must construct incentive schemes to get them to behave at least partly according to the principal’s interests. The principal-agent problem is that of designing the
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the shareholder-principal conflict with manager-agents known as the principal-agent problem. To mitigate agency problems between senior executives and shareholders‚ should the compensation committee of the board devote more to executive salary and bonus (cash compensation) or more to long-term incentives? Why? What role does each type of pay play in motivating managers? There are several dimensions to the principal-agent conflict. Principal-Agent Relationships exist whenever one person or party
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MANAGER IS A CHANGE AGENT The label “change agent” is often accompanied by misunderstanding‚ cynicism and stereotyping. Managers‚ employees and HR professionals alike have questioned the value of this role in their organization. However‚ as organizations of all kinds face unrelenting changes in their environment‚ the need for individuals who are capable of turning strategy into reality has created a new legitimacy for the change agent role – which is often located within the Human Resource function
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