BMCF 5103 CORPORATE FINANCE Dr. Nguyen Thi Hoang Anh Lecture 1: An Introduction to Corporate Finance Contents What is finance? What is corporate finance? The balance-sheet model of the firm Capital budgeting Capitalstructure The firm and thefinancial markets Forms of business organisation The goals of a corporation Agency relationships: stockholders versusmanagers‚ stockholders versus creditors Managers’ actions to maximise stockholder wealth Financial management
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The Evolution of Leadership Theory David A. Van Seters Stevenson‚ Kellogg‚ Ernst & Whinney‚ Vancouver‚ British Columbia and Evolution of Leadership Theory 29 Richard H.G. Field University of Alberta‚ Edmonton‚ Canada Leadership is one of the most complex and multifaceted phenomena to which organisational and psychological research has been applied. While the term "leader" was noted as early as the 1300s (The Oxford English Dictionary‚ 1933) and conceptualised even before biblical times
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Did you know that every time you apply the brake while riding your car‚ or every time you leave the flame on high while cooking on your LPG stove; you are contributing to the increasing demands of oil in India? Most of you would be thinking ‘so what?’ Well‚ here is some data. India’s crude oil import bill increased more than 40 percent to $68 billion in 2007-08 following a consistent rise in global crude prices. According to data released by the Ministry of Petroleum and Natural Gas‚ India
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The Crucible takes place in a very intolerant setting. The Puritans in Salem‚ Massachusetts uphold a strict theocratic society. In a theocracy‚ the community is governed by God and the laws revolve around what God says to be right or wrong‚ meaning people can be punished for sinning. Anyone who strays away from the set ideals or beliefs is punished and persecuted accordingly. The weakness in such societies is that the people in authoritative positions can become easily corrupted. In The Crucible
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INTRODUCTION Dividend policy is the decision for the firm to pay out earnings verses retaining and reinvesting them. Dividend decision has remained one of the tough challenges for financial economists. We are yet to understand completely the factors that influence dividend decision and the manner in which these factors interact. From the practitioner’s viewpoint dividend policy of a firm has an implication for investors‚ managers‚ lenders and other stakeholders. For investors‚ dividends whether
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Discuss. Fayol’s functions of management are as relevant today‚ just as they have been a century ago‚ both theoretically and practically. Though under harsh scrutiny by some theorists as an oversimplified theory of management‚ this essay argues that Fayol’s functions are not just part of a grand theory‚ they form a basis for all managerial work. In addition‚ Fayol’s functions are seen as flexible and malleable‚ adding to their application to today’s world. This essay also suggests that today’s predominantly
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3101AFE Accounting Theory and Practice Tutorial Questions for Tutorials 1- 6: Semester 2 2014 TUTORIAL 1 - Semester 2 2014 Deegan Topic 1: Introduction to financial accounting theory QUESTION 1 - Question 1.8: What is the difference between developing a theory by induction and developing a theory by deduction? QUESTION 2 - Question 1.9: Is the study of financial accounting theory a waste of time for accounting students? Explain your answer. QUESTION 3 - Question 1.26: Would you
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Speculating the Limits of Theory by Malini Foobalan As a second year architecture student‚ I find myself speculating about things that I never thought I would. The question to myself in fact‚ is why I care questioning‚ and what is it that has made me come up with such questions. Is it the influence of people around me‚ my developing critical thinking or‚ is it an arbitrary questioning that a typical architecture student would engage in? One of my favorite questions is
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Philosophy Ego Theory and Bundle Theory Derek Parfit’s views on personal identity and the Ego and Bundle Theory are all summarized in his article “Divided Minds and the Nature of Persons”. In his article‚ Parfit explains the distinction between Ego theory and Bundle theory and provides several arguments against Ego Theory. Although it proves to be very difficult to believe the Bundle Theory‚ Parfit’s critique is convincing and well thought out. In order to defend the Bundle Theory of personal identity
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1. What is a scientific theory? Please cite a definition you like. As Watson stated in "The Value of Theories"‚ a scientific theory is a systematic explanation that unifies various observed phenomena and facts. Based on observations we make‚ science operates under theories which are constantly revised and checked by experiment. A scientific theory also possesses many vital qualities for true understanding. 2. What is the difference between a scientific theory and common sense ideas about the same
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