found out that on average‚ managers and directors own an average of 26.7 percent of the cash flow rights and 50.7 percent of the voting rights among firms in dual-class. Dual-class firms rely more heavily on debt financing‚ possibly because investors do not wish to buy stock with inferior voting rights. The median debt-to-assets ratio for dual-class firms is 0.21; for single-class companies it is 0.09. Managers are willing to pursue more rapid growth. Increased cash flow ownership increases capital
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There are number of experiments that have produced unanticipated results and if by chance the information falls into the hands of individuals that want to cause harm could be castastrophic (“Dual Use Research: A Dialogue”). Dual use research is a growing concern that has the scientific community and the public frequently discussing the potential harm a research could bring if one intends to use the information improperly‚ in turn‚ potentially turn the information around to cause harm (Biotechnology
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animals. In Harry Potter and The Chamber of Secrets‚ by J.K. Rowling‚ Harry frequently finds himself entangled in dangerous adventures but he always lives to tell the tale. Although Harry Potter risks his life to fight the forces endangering Hogwarts‚ he succeeds through a mixture of his own skill and help from his friends. Harry Potter and the Chamber of Secrets demonstrates self-preservation through three main themes: fear‚ principles and perseverance. In The Chamber of Secrets‚ there are many examples
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HR Policy for Dual-Career Couples: Human Resource Management and Development HR Policy for Dual-Career Couples The changing demographics of our workforce have demanded that we address our HR policy regarding to families‚ and in particular dual income or dual-career couples. This policy will assist families that find themselves overwhelmed with work‚ parenting‚ adult education‚ and ultimately increasing productivity for the company. Careful consideration will be given to couples both
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THE JOURNAL OF FINANCE • VOL. LXIV‚ NO. 4 • AUGUST 2009 Agency Problems at Dual-Class Companies RONALD W. MASULIS‚ CONG WANG‚ and FEI XIE∗ ABSTRACT Using a sample of U.S. dual-class companies‚ we examine how divergence between insider voting and cash f low rights affects managerial extraction of private benefits of control. We find that as this divergence widens‚ corporate cash holdings are worth less to outside shareholders‚ CEOs receive higher compensation‚ managers make shareholder value-destroying
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The Maxwell’s equations of electromagnetism and Hertz experiments on the generation and detection of electromagnetic waves in 1887 strongly established the wave nature of light. Towards the same period at the end of 19th century‚ experimental investigations on conduction of electricity (electric discharge) through gases at low pressure in a discharge tube led to many historic discoveries. The discovery of X-rays by Roentgen in 1895‚ and of electron by J. J. Thomson in 1897‚ were important milestones
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“Why you would be a good candidate for the Dual Enrollment”? Introduction: Introduce yourself: Name‚ age‚ highschool‚ interesting/ important fact. Last sentence: I believe I am a good candidate for the Dual Enrollments’ Welding/ Fabrication program because I have the passion it takes‚ and the willingness to learn. I hope to use the Dual Enrollment to help kickstart my college career so that I can graduate with my Associates Degree in Welding/ Fabrication‚ so that I can start building my work
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African American Literature can often be characterized by having a dual identity‚ especially in the early to mid-twentieth century. This dual reality is reflective of the African American’s heritage and present circumstances. With a heritage of forced immigration into the country‚ and limited rights and racism after slavery is abolished‚ there is a borderline pride and hatred. It is very possible to have both of these feelings‚ and authors reveal this confusing notion through the expression of poetry
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Observing this case‚ the social worker applied dual perspective by having open minded to study the culture of Hawaii‚ the language‚ how to engaged in conversation‚ and answers questions which resulted in the clients trusting the social worker. Furthermore‚ relating dual perspective concept to this case‚ it is very important to build an appropriate client/worker relationship because it define and assess problems
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The Roommates This case is about the dual conversation between Bernadette and Celia regarding the disagreement of two roommates. The goal of studying this case is to identify the proper language to be used while making the verbal conversation. The purpose of this study is to identify ‘you’ language and the proper conversion to ‘I’ language and identification of loaded and ambiguous language. Also how to convert ‘you’ language to ‘I’ language is the major focus of this case study. The following
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