A review of capital structure theories 1.0 Introduction One of the most contentious financial issues that have provoked intense academic research during the last decades is the theory of capital structure. Capital structure can be defined as a ’Mix of different securities issued by a firm’ (Brealey and Myers‚ 2003). Simply speaking‚ capital structure mainly contains two elements‚ debt and equity. In 1958‚ through combining tax and debt factors in a simple model to price the value of a company‚
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Organizational structures There are many different opinions and definitions on organizational structure. Structure in one sense is the arrangement of duties used for the work to be done. This is best represented by the organization. What determines organizational structure? Classics in the field of organization theory represent many different schools. Some believe that certain factor‚ such as size‚ environment‚ or technology‚ determine organizational structure. They argue that these factors
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Organizational Structure The United States Army is a hierarchical structure when it comes to chain of command. To fight a war the U.S. Army deploys a variety of specialized systems and soldiers to the battlefield. To do this the US Army has adopted the divisional organizational structure. The Army is divisional but is structured as a functional structure; Army‚ Corps‚ Division‚ Brigade‚ battalion‚ company‚ platoon‚ and squad (Powers‚ 2012). An Army with a divisional structure therefore has a subset
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BCSCCS 303 R03 DATA STRUCTURES (Common for CSE‚ IT and ICT) L T P CREDITS 3 1 0 4 UNIT - I (15 Periods) Pseudo code & Recursion: Introduction – Pseudo code – ADT – ADT model‚ implementations; Recursion – Designing recursive algorithms – Examples – GCD‚ factorial‚ fibonnaci‚ Prefix to Postfix conversion‚ Tower of Hanoi; General linear lists – operations‚ implementation‚ algorithms UNIT - II (15 Periods)
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environment refers to the “green” issues including pollution and waste; and legal entails legislative changes and constraints. Gerry(2008) argues that identifying the key drivers for change helps to focus on the important PESTEL factors. Based on those managers can make the optimal decision for effective action. Thus‚ the key drivers for change determine the success or failure of a strategy. For instance the clothing retailers are concerned about the social changes which drive consumer taste and behaviour
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Depot’s Organizational Structure Danielle Weadd MGT/230 December 10‚ 2012 Chenise Hamilton Introduction To have a successful organization‚ companies need to have an organizational structure. Organizational structure is used as a foundation to ensure each department as well as employees knows the proper direction to take. The Home Depot is one of the largest home improvement retailers in the world. Home Depot is one company that incorporates organizational structure in their day- to -day business
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11th Class Tools that monitor truck drivers How to Monitor Truck Drivers Trucks and drivers represent a considerable cost for firms‚ therefore‚ a firm should use tools to monitor the behavior of its truck driver to ensure that 1- Drivers are following regulations to minimize risks and cost. 2- Reduces or eliminates fatigue-related injuries and fatalities. 3- Reduces accidents and equipment damage. Copilot A low cost driver drowsy driver monitor‚ Copilot‚ is one of such tools
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IPO structure in INDIA Initial Public offering or stock market launch or commonly known as ‘IPO’ which takes place in primary market is a type of public offering where the shares of the stock of the companies which seeks the capital in order to finance their investments for expansion of existing structure is sold on a securities market regulated by SEBI (Securities exchange Board of India) & commonly done by privately owned companies which transforms into publicly traded company. Steps involved
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Sciatic Pain For years‚ sciatic pain has been closely associated with professional drivers. Sciatic pain originates in the lower back and travels down the leg. Studies have shown that sciatic pain in professional drivers is closely linked with whole-body-vibration (WBV). Whole-body-vibration is believed to cause sciatic pain because of the effect it has on the spinal system. The article published in Ergonomics shed light on the fact that whole-body-vibration has an effect on sciatic pain‚ but that
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The Financial Detective‚ 2005 Teaching Note Synopsis and Objectives The case presents the student with financial ratios for eight pairs of unidentified companies and asks them to mate the description of the company with the financial profile derived from the ratios. The primary objective of this case is to introduce students to financial ratio analysis—in particular‚ the range of ratios and the insights each one affords. This case presumes that students have already been introduced to
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