Asian Paints: A well focussed company 2 The company shows an uninhibited appetite for growth in revenues and profits Colours of many vibrant hues The financials of Asian Paints are awash in as many brilliant hues as the varied colours of the paints that it has on offer. The company’s revenues and profits are growing yearly at a fast clip‚ (revenues up 26% at Rs 91.2 bn‚ with pre-tax profits growing 21.5% to Rs 13.6 bn in 2011-12 as compared to the preceding year) and the company is simultaneously
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The quote shows a strong relation to the efficient market hypothesis (EMH)‚ as it implies that the costs of capital are dependent from the amount of information given by the company. According to my opinion‚ agency theory is a good explanation for costs of capital. Agency theory defines contracts as under which one party – called principal – engages another party – called the agent – to perform service on the principal’s behalf. Concluding‚ the principal delegates
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Religion in Asian Theatre From 350-1350 c.e. theatre began to die off in the western countries due to Christianity and the fall of Rome. At about this time‚ the performing arts began to emerge on the Eastern hemisphere. The creators of Asian theatre new nothing of the theatre in Rome or Greece so there was no influence during the fabrication of this new form of theatre. Eastern theatre is much more stylized in that they believe in “total theatre‚” which is using every element of theatre be it
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According to NBC news discrimination against Asian Americans and Pacific islanders had been evident from the very early years of migration to America. For instance‚ in the mid-nineteenth century(1840s-1870s) there was no formal immigration policy‚ anyone willing to work was welcome. Chinese laborers filled a critical labor gap‚ working the mines and building the railroads‚ but when their labor was no longer needed‚ their race and nationality became an issue. In 1882‚ Chinese Laborers were no longer
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GROUP 5 : ASIAN DEVELOPMEN T BANK ASIAN DEVELOPMENT BANK is a regional development bank established on 22 August 1966 which is headquartered in Metro Manila‚ Philippines‚ to facilitate economic development in Asia. The bank admits the members of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP‚ formerly the Economic Commission for Asia and the Far East or ECAFE) and non-regional developed countries. "HISTORY ” 1962–1972 The concept of a regional bank was
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Finance 111: Essay Question a) The so-called Asian financial crisis provided some valuable lessons about nation-state and global financial systems. What are some of those lessons? The Asian Financial Crisis was happened start from Thailand in 1997. It is caused by the outflow of foreign capital. Before 1997‚ one of the initiatives that Thailand try to deregulate the financial system to approachable to foreign capital is Bangkok International Banking Facility (BIBF) and foreign banks were permitted
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The Asian societies successfully restricted the Europeans in terms of Christianity and some terms of trade by isolation and banishment but they were unsuccessfully restricted by means of trade with the Mughal India and South East Asia. The Christians were banished from Japan and China and the others refused to conform to Christianity. The Christians did not have much success anywhere spreading Christianity. In Saint Francis Xavier’s letter on the missions to India in 1549 he discussed his unsuccessful
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instability hypothesis’ provide a useful explanation of the global financial crisis? Does it suggest possible policy action to respond to or prevent crisis? The striking expansion of international finance and increased interdependence has risen the role of volatility in financial system and following the threats of a financial crisis. This paper seeks to provide Minsky’s explanation of current crisis. It addresses the question “to what extent Minsky’s ‘financial instability hypothesis’ provide
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One of the most common conspiracies is that the earth is not a sphere‚ but instead flat. The belief originated in the early times of science when there was little explanation in the world of science. They thought that the earth was flat‚ in their defence‚ what proof did they have that argued otherwise? There had been allegations‚ suggestions‚ and arguments‚ but where was the proof? Finally‚ when science started to evolve‚ the evidence that flat earthers have been missing came forward and proved them
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the gene pool) * Populations evolve through changes in their gene pools‚ meaning that population genetics is essentially a study of evolution * There are 4 major evolutionary forces: 1. Mutation 2. Migration 3. Inbreeding/genetic drift 4. Selection * Describing population genetic variation: * Genotype frequencies – [N = total samples] f(AA) = # AA/N f(Aa) = # Aa/N f(aa) = #
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