CASH HOLDINGS‚ WORKING CAPITAL AND FIRM VALUE: EVIDENCE FROM FRANCE Ruta AUTUKAITE* – Eric MOLAY** Abstract: Although companies deal with day-to-day short term financial decisions‚ in corporate finance the emphasis is being put on long term financial issues when talking about company’s value. In this paper a sample of French listed companies was chosen to assess the importance of short term financial decisions to company’s value by testing the following hypotheses: an extra euro invested in cash
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character contest in “The Use of Force” Everyone would like to be known for having a good character. One should want to be a person who has integrity‚ great morals and some measurement of faith. When we’re put into different situations‚ sometimes‚ our character is tested. In William Carlos Williams‚ “The Use of Force‚” the main characters in this short story is the doctor‚ the little girl and her parents. When we analyze this short story based on Erving Goffman’s theory of character contest‚ we see
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Interview with Someone Different This paper is a result of an interview with someone who is different from the interviewer in race‚ age‚ culture and ethnic background. This paper will discuss the background of the individual as a child and will also discuss crucial issues on how the individual feels with regard to herself‚ society‚ her family and to the interviewer. The individual being interviewed is my friend‚ Shelley. Shelley is a dynamic‚ Jewish woman who was born and raised in the Washington
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Describe the world you come from; for example‚ your family‚ clubs‚ school‚ community‚ city‚ or town. How has that world shaped your dreams and aspirations?(*) (200-250 words) Growing up in an immigrant Russian Jewish family resembles a chess tournament. All pieces have their precise position‚ movements and strategies; all my family members work together to achieve an ultimate goal of making it in this wonderful county. This puts enormous pressure on me since I am the oldest child‚ holding the
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That girl you called a slut in class today. She’s a virgin !! The "gay boy" you punched in the hall today. Committed suicide a few minutes ago. The boy you called poor. He has to work every night to support his family. That girl you pushed down the other day. She’s already being abused at home. That girl you called fat. … She’s starving herself. The old man you made fun of cause of the ugly scars. He fought for our country. The boy you made fun of for crying. His mother is
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Why Japanese firms cannot attract talents from overseas: The consequence Japan faces from postwar economic growth Today‚ Japanese firms are in jeopardy of surviving. Due to the advent of globalization and the shrinking of the domestic market in Japan‚ it became essential for the firms to gain talents from overseas. However‚ it is a well-known fact that Japanese companies do not attract the foreign talents. Singapore is not an exception. In fact‚ none of the Japanese firms were included in Singapore’s
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Employees Duty to the Firm Harmony between employees and employers is only possible only when there is no selfishness in the relationship. There are a lot of employers or firms obligation to an employee. But for every employer’s obligation there is also a corresponding obligation or responsibility of employee to the employer. While employers give what is just and right‚ employees should also be obedient‚ because obedience counts a lot. An employee should be respectful while an employer should not
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What is a window 8 and how successful do you think it will be? In this assignment I will be focusing on the major differences between the two OS; windows 7 and windows 8. I will also be identifying‚ based on my own views how successful windows 8 will be. Windows 8 is the latest version of Microsoft operating system. For some years now we’ve had windows 7 which was and still is a fantastic operating system. Many years have passed by and it’s only now Microsoft have finally decided to release their
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two firms with similar problems from different countries. It will conduct a comparative analysis of the two firms. In addition‚ it will discuss political‚ social‚ ethical‚ and legal differences facing both organizations and determine the impact these differences have on management making decisions. Also‚ it will provide a substantive conclusion and recommendations. Two Firms I will be analyzing two firms for comparison and contrast regarding management decisions. The two firms being
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CHAPTER 9 OLIGOPOLY AND FIRM ARCHITECTURE 1. The demand function for a product sold by an oligopolist is given below: QD = 370 – P The firm’s marginal cost function is given below: MC = 10 + 4Q Calculate the equilibrium price and quantity. Solution: P = 370 – Q so TR = 370Q – Q2 and MR = 370 – 2Q MR = 370 – 2Q = 10 + 4Q = MC so Q = 60 and P = 310 2. The demand function for a product sold by an oligopolist is given below: QD = 135 – 0.5P The firm’s marginal cost function is given
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