Capital Structure In finance‚ the term “capital structure” refers to the way a firm finances its assets. Generally speaking‚ there are two main forms of capital structure: debt financing and equity financing (Cumming 52; Myers‚ 83). Each type has its own advantages and disadvantages‚ and an essential task for the successful manager of a firm is to find an optimal capital structure in terms of risk and reward for stockholders. When making decisions that affect capital structure‚ managers must be
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MARYAM ISAH M.SC/SOC-SCI/3434/10-11 THE CHANGING STRUCTURE OF THE NIGERIAN ECONOMY AND IMPLICATIONS FOR DEVELOPMENT 1970-2011 LECTURER:Prof Olowononi DEPARTMENT OF ECONOMICS AHMADU BELLO ZARIA The structure of Nigerian economy can be broadly classified into four:The production‚Commerce‚Services and others. PRODUCTION: processes and methods employed to transform tangible inputs (raw materials‚ semifinished goods‚ or subassemblies) and intangible
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1990’s‚ Gucci portrayed the characteristics of a firm with a differentiated business-level strategy. Gucci provides value to their customers with high quality luxury goods which consist of unique product features in relation to their rival competitors. One example of Gucci’s distinct quality is the prestigious image of their brand name using the famous “GG” logo on their items. Gucci is a successful firm in the luxury goods industry with many resources and capabilities that differentiate
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4 INDUSTRY SPECIFIC OPPORTUNITIES AND THREATS This chapter elaborates the opportunities and threats in some important sectors in Pakistan which are likely to emerge by the opening up of trade between the two countries. These sectors include: Textiles and Clothing‚ Iron and Steel‚ Chemicals and Pharmaceuticals‚ Automobiles‚ Small and Medium-sized Enterprises and Information Technology. Textiles and Clothing The textile and apparel sector continues to be the driving force for economic
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Essay #5 Firms of Endearment by Raj Sisodia‚ Jag Sheth‚ and David Wolfe argues the idea of humanistic companies‚ meaning businesses that “seek to maximize their value to society as a whole‚ not just to their shareholders” (Sheth‚ Sisodia & Wolfe‚ 2014‚ p. 3). These companies wish to contribute to a higher meaning in society and take this endearment approach to create value outside of providing a product or service for financial gain. While humanism does focus on the potential for compassion‚ the
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Eureka Franklin PAD 743-99 Final Paper Performance based budgeting (PBB) systems are ever present and virtual to all state governments in the United States. To have a budgeting system that requires strategic planning‚ goal assessment‚ performance measurement‚ reporting and even program performance evaluation or auditing. The United States government has made efforts to infuse budgeting with rationality through the application of performance measurement. Efforts have been made in advancing communication
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THE THEORY OF THE FIRM Notes by:Ramon Somar THE THEORY OF THE FIRM Even though managerial economics is not concerned solely with the management of business firms‚ this is its principal field of application. To apply managerial economics to business management‚ we need a theory of the firm‚ a theory indicating how firms behave and what their goals are. The concept of the firm plays a central role in the theory and practice of managerial economics. An understanding of the reason for the existence
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Impact of Corporate Governance on Firm Performance—an Empirical investigation from the Insurance Industry of Pakistan Hafiz Muhammad Raheel Arif* Raheel_prince23@hotmail.com 00923216190575 *COMSATS Institute of Information Technology and Science Lahore‚ Pakistan Abstract The study is devoted to check the impact of corporate governance (CG) on the firm performance (FP) of the insurance industry of Pakistan. Four measures have been used in the paper to check the firm performance being affected by
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Opportunity Assessment Plan Background Shampoo is a hair care product used for the removal of oils‚ dirt‚ skin particles‚ dandruff‚ environmental pollutants and other contaminant particles that gradually build up in hair. The goal is to remove the unwanted build-up without stripping out so much sebum as to make hair unmanageable. Composition of shampoos Shampoo is generally made by combining a surfactant‚ most often sodium lauryl sulfate and/or sodium laureth sulfate with a co-surfactant‚ most
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Survival and growth of small firms Introduction Peacock (2000) argues that small business is different from large corporations by small size and rate of turnover and failure rate. According to Small Business Association‚ two-thirds of newly founded firms can survive within the first 2 years and only 44 percent are still in business after 4 years. Lowe et. al (1990) argues that failure ‘exists between failing and growing small firms.’ It can be perceived as there are 2 levels to develop small enterprises
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