remains one of the most contested issues in finance. The study of dividend policy has captured the attention of finance scholars since the middle of the last century. They have attempted to solve several issues pertaining to dividends and formulate theories and models to explain corporate dividend behaviour. 2 BACKGROUND OF DIVIDEND POLICY The issue of corporate dividends has a long history and‚ as Frankfurter and Wood (1997) observed‚ is bound up with the development of the corporate form itself
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archive of this journal is available at www.emeraldinsight.com/0025-1747.htm MD 48‚4 Drucker’s theory of the business and organisations: challenging business assumptions 500 Pat Daly Shannon Development Co.‚ Shannon‚ Ireland‚ and University College Cork‚ Cork‚ Ireland‚ and James S. Walsh University College Cork‚ Cork‚ Ireland Abstract Purpose – This paper considers Drucker’s “theory of the business” as a management concept applicable to the challenging of firm performance. The paper
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Tourism on Residents’ Quality of Life in Saudi Arabia: An Empirical Study Tariq M. Khizindar a a Department of Economics and Business Administration‚ King Abdulaziz University‚ Jeddah‚ Kingdom of Saudi Arabia Accepted author version posted online: 24 Jan 2012.Version of record first published: 18 Jul 2012. To cite this article: Tariq M. Khizindar (2012): Effects of Tourism on Residents’ Quality of Life in Saudi Arabia: An Empirical Study‚ Journal of Hospitality Marketing & Management‚ 21:6
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coincides with my own personal theories and beliefs. During the length of this paper‚ I will apply at least one of these three theories to each illegal act to include illegal drug use‚ illegal prostitution‚ and money laundering. I will use the Subculture-Theory‚ Life-Course Theory‚ and the Self-Control Theory. With each theory‚ I will compare how they can be applied in these illegal acts. Each of these theories will also include studies which support my application of these theories to these illegal acts
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MOHAMAD ARIEFF SHAMIDA BIN SAMSUL KAMIL 14.5 (b) Evaluate the view that conjugal relationships are based on equality in modern industrial societies. In this answer‚ I am going to discuss about the conjugal relationship in modern industrial societies. This means I will assess the claim that conjugal relationships are based on equality in modern industrial societies. I plan to structure my answer from housework and childcare‚ power and money management. The hours worked between husband and wife
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Sociological Theory. “What A Change there was between 1785 and 1824! There has probably never been such an abrupt revolution in habits‚ ideas and beliefs in the two thousand years since we have known the history of the World” (Stendhal. 1962: p.144) There has indeed been many changes throughout history to the way that we think about society. The Enlightenment signalled a change in the World that was so eye opening a complete new discipline emerged. There was a lot of key thinkers around this
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Until the mid 1800s‚ sociology was dominated by a group of scholars advocating conformity and content. No sociologist dare defy the powers that be; in fact‚ they embraced and encouraged it. Funtionalists presented elitist ideas that endorsed the government‚ no matter how flawed. Even symbolic interactionists‚ who acknowledged stratification‚ diagnosed it as the vital organ of society. Sociology‚ in itself‚ seemed to be nothing more than a set of ideas condemning equality and accepting stratification
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CULTURAL IMPERIALISM Explanation of Theory: Cultural Imperialism Theory states that Western nations dominate the media around the world which in return has a powerful effect on Third World Cultures by Individual Interpretations: Western Civilization produces the majority of the media (film‚ news‚ comics‚ etc.) because they have the money to do so. The rest of the world purchases those productions because it is cheaper for them to do so rather than produce their own. Therefore‚ Third World countries
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Agency Theory and Its Consequences A study of the unintended effect of Agency Theory on Risk and Morality M.Sc. FSM Master Thesis: Agency Theory & Its Consequences Master Thesis at Copenhagen Business School Student: Thomas Rüdiger Smith Programme: M.Sc Finance & Strategic Management Advisor: Sven Junghagen‚ Department of Management Politics & Philosophy August‚ 2011 Total Pages: 78 (133 with appendix and summary) Characters: 181647 (246486 with appendix and summary) Thomas Rüdiger
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Introduction There are many theories given by different group of researchers about the existence of multinational enterprises or MNE’s. According to John Cantwell‚ it was in the 1970’s and 1980’s that many theories on MNE’s were proposed. These theories were either general theories of MNE’s which were called the main institution for international production or the theories on foreign direct investment‚ the means by which international production is done ( Pitelis‚ Christos N. and Sugden‚ Roger
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