UDC: 658.14 Keywords: determinants of capital structure – extent of leverage – listed companies in the Czech Republic Determinants of Capital Structure Empirical Evidence from the Czech Republic Patrik BAUER* The modern theory of capital structure was established by Modigliani and Miller (1958). Thirty-seven years later‚ Rajan and Zingales (1995‚ p. 1421) stated: “Theory has clearly made some progress on the subject. We now understand the most important departures from the Modigliani and
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RESEARCH ASSIGNMENT | Brazil: Swimear & Surfwear | | Warwick Brown (87354922) | | | Contents EXECUTIVE SUMMARY 1 SITUATION ANALYSIS 1 POLITICAL 1 ECONOMIC 2 SOCIAL 3 TECHNOLOGICAL 5 LEGAL 6 ENVIRONMENTAL 7 THE SWIMWEAR INDUSTRY 8 BRAZILIAN BRANDS 9 AUSTRALIAN BRANDS 10 MARKET ENTRY STRATEGIES 12 EXPORT 12 JOINT VENTURE 12 DIRECT INVESTMENT 13 PREFERRED STRATEGY 13 APPENDIX 15 BIBLIOGRAPHY 16 EXECUTIVE SUMMARY Brazil is the largest economy
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The PEST Analysis of UK’s Food Producing Industry 1. Introduction This report focuses on PEST analysis of UK’s food producing industry and giving some particularly essential ratios of some food producing companies. With the diversification of economic and geography environment‚ food producing companies‚ especially multinationals need to consider more about what situation they will be in and what barriers they will meet. The main work of this report is to identify what will influence the
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Confronting a Mercantile Elite: Bourbon Reformers and the Merchants of Lima‚ 1765-1796 Author(s): Patricia H. Marks Source: The Americas‚ Vol. 60‚ No. 4 (Apr.‚ 2004)‚ pp. 519-558 Published by: Academy of American Franciscan History Stable URL: http://www.jstor.org/stable/4144490 . Accessed: 02/08/2011 11:59 Your use of the JSTOR archive indicates your acceptance of JSTOR’s Terms and Conditions of Use‚ available at . http://www.jstor.org/page/info/about/policies/terms.jsp. JSTOR’s Terms and
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the Real has been allowed to float from 1991. The problem is such that the “economic cost of bringing down inflation is too high”‚ as this will harm the economic growth of Brazil. Hence drastic actions are not seemingly attractive. Using a monetary policy where the central bank is increasing interest rates‚ is making Brazil attractive to foreign investment. In turn valuing the currency and raising prices of exports in the economy. Among many ideas floating to resolve this issue‚ the central bank
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ESSAY DRAFT COPY BUSN 100 Ellie Macnamara S00148648 Brazil: A New Contender in the Global Economy? Throughout the latest research‚ newspaper or political science journal articles Brazil has been termed “an upcoming global power” or “international player”. This being seen specifically in Brazils global economic position. Brazil is the largest national economy in Latin America‚ the worlds seventh largest economy at market exchange rates and the seventh largest purchasing power parity‚ according
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able to build a story of success in Brazil… • 1 Unilever Brazil became one of the most successful operations of Unilever around the world; The 3rd largest and the single biggest D&E business. 2 We sustained market leadership in 10 major categories and developed brands that area part of consumers day to day life (200 products consumed every second) • 3 We are recognized as an incredible talent pool in the region and one of the most desired places to work for Brazil 4 We have top notch infrastructure
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Pinzón was the first known European in the region now constituting Brazil. Landing near the site of present-day Recife on January 26‚ 1500‚ he subsequently drifted northward as far as the mouth of the Orinoco River. In April 1500‚ the Portuguese navigator Pedro Álvares Cabral also reached the coast of present-day Brazil and formally claimed the surrounding region in the name of Portugal. The territory was named Terra da Vera Cruz (Brazil Historical Setting). About a year later in 1501‚ an expedition
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Executive Summary Working on this project on the Servis shoes company first of all we have define the product line of Servis company‚ after that we have done industry analysis by performing PEST analysis and future trends in the PEST of shoes industry. After this we have performed “Porter Five Force Model”‚ competitor analysis‚ marketing strategies of servis and change in competition in the shoes industry. We have also discussed that what should a leader do in this kind of situation in the industry
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therefore are macro risks that threatens all companies. Brazil‚ officially the Federative Republic of Brazil is the largest country in both South America and the Latin American region. According to the Political Risk (Dynamic) Index of 2013‚ Brazil is one of the countries with a moderate political risk. Many companies come to Brazil because the business environment is more familiar than the other BRIC countries‚ which are Russia‚ India and China. Brazil also has a more stable public and private sector
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