“Athenian Government Prior to Democracy”; ancient Athens is credited with having developed one of the first democracies on this earth (1). Blackwell states that the name democracy comes from “demos-people and kratos-power”‚ meaning “power of the people” (2). Mills states that Athenian democracy did not come about easy‚ yet it was through the efforts of continuous reorganizations that democracy came to the Greeks and history says that the intent of these reorganizations was to allow for all citizens
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Mergers and Acquisition SUBMITTED BY ALOK RATNOO Semester – VII B.A.LL.B. (Hons.) UNDER THE GUIDANCE OF Mr. Victor Nayak Asst. Prof.‚ ILNU Submitted to INSTITUTE OF LAW NIRMA UNIVERSITY‚ AHMEDABAD ACADEMIC YEAR (2012-13) Title: CRITICAL ANALYSIS OF VODAFONE-HUTCH MERGER CASE Introduction Vodafone was embroiled in a $2.5 billion tax dispute with the Indian Income Tax Department over its purchase of Hutchison Essar Telecom services in April 2007. It was being alleged
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agree with the view that Henry VIII’s and Wolsey’s foreign policy was an expensive failure? Source 3 supports the idea that Henry VIII’s foreign policy was actually quite successful; ‘Henry and Wolsey had good reason to think that they had been very successful’. Wolsey had gained immense status after the Treaty of London‚ when he became legatus a latere. Henry had successfully pulled off the field of cloth of gold (source 1)‚ and was seen as peace keeper amongst the great powers since the 1518
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Agency Costs of Free Cash Flow‚ Corporate Finance‚ and Takeovers Michael C. Jensen Harvard Business School MJensen@hbs.edu Abstract The interests and incentives of managers and shareholders conflict over such issues as the optimal size of the firm and the payment of cash to shareholders. These conflicts are especially severe in firms with large free cash flows—more cash than profitable investment opportunities. The theory developed here explains 1) the benefits of debt in reducing agency
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3 Cost-Volume-Profit Analysis Learning Objectives 1. Explain the features of cost-volumeprofit (CVP) analysis 2. Determine the breakeven point and output level needed to achieve a target operating income 3. Understand how income taxes affect CVP analysis 4. Explain how managers use CVP analysis in decision making 5. Explain how sensitivity analysis helps managers cope with uncertainty 6. Use CVP analysis to plan variable and fixed costs 7. Apply CVP analysis to a company producing multiple
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and experiences to their homes. Other changes emerged when women took jobs during and after the war. New machines were created to assist in household chores like washing clothes and preparing food. An important factor that drove these social changes was the increase in education. The number of students attending school doubled and the classes offered to them prepared them for useful jobs. A political change that greatly affected
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Was Abraham Lincoln justified in not freeing the slaves immediately? Slave states were afraid of an anti-slavery government so they seceded from the United States. The slave states that seceded from the United States became the Confederate States of America and the United States became the Union. Lincoln entered into war to get back the slave states that seceded from the Union. This war ultimately lasted four years with the Confederate States of America losing the war‚ and the United States gaining
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Was the Second World War primarily caused by the appeasement policy? The appeasement policy is adopted first by the Britain and then by France to avoid war with the aggressors‚ namely Germany‚ Italy and Japan during the interwar period in 1930s. The policy is to give way and fulfill the aggressors’ demands as much as possible‚ like what historian Paul Kennedy defines: the appeasement is “a policy of settling international quarrels by admitting and satisfying the grievance through international
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Bharti airtel – zain acquisition Umesh Word count: 3437 words Bharti airtel – zain acquisition Umesh Word count: 3437 words Global Business Global Business sheffield hallam university | B1051892 sheffield hallam university | B1051892 2013 2013 Bharti Airtel-Zain Africa Deal Background of the Acquirer (Bharti Airtel) and Acquiree (Zain Africa) After a prolonged wait‚ finally‚ Bharti Airtel’s much awaited African Safari did start by acquiring Zain Africa. Mr Sunil Mittal and other
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Today’s Youth Justice Board came after the 1998 Crime and Disorder Act which passed to prevent young people from offending and re-offending (Home Office 2009). In the 1800’s when it came to punishment for crimes‚ there was no distinction between adults and children. People thought that the old forms of punishment‚ such as transportation and overall humiliation‚ were too severe for children. Mary Carpenter advocated for education rather than prison which introduced the battle between welfare and justice
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