RESULTS AND DISCUSSION Now that we have applied all the tools necessary for hypothesis testing‚ the final results can be discussed in detail. All variables with respect to their relation to the capital structure will be discussed separately. Not only the figures have been interpreted as per the mathematical rules‚ but they have also been analyzed according to the prevalent conditions in the cement industry during the period of analysis. Therefore‚ it is necessary to give the industry scenario
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Chow 4c2 1i) Wealth is not the only way to judge how successful a person is. Do you agree? In our materialistic society of today‚ one’s success is often measured by the big bungalow you live in‚ the flashy car parked just outside‚ the clothes you are dressed in and even the breed of dog you own. The world is competing with each other in a show of wealth‚ typified by the show “Keeping up with the Joneses”. Wealth has become a yardstick of success and those who attain great wealth are deemed as having
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“The Wealth and Commerce of Constantinople” was written between 1165 and 1173 C.E. Constantinople was founded by Constantine the Great in 324 C.E. and was the capital city of the Roman Empire. Constantinople is described in the Source from the Past “The Wealth and Commerce of Constantinople” and also in Jonathan Harris’ book Constantinople: Capital of Byzantium. The document‚ “The Wealth and Commerce of Constantinople” is important because it reflects on the growth of Constantinople as a wealthy
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About Kotak Wealth Management: Kotak has one of the oldest and most respected Wealth Management teams in India‚ providing solutions to high net worth individuals. Over fourteen years and a wide range of financial solutions has made Kotak Wealth Management the largest player. Our client base ranges from entrepreneurs to business families to employed professionals. On the investment scenario‚ we believe that no single asset class tends to perform consistently over a long period of time. Therefore
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Corruption due to Wealth through the Character of Claire in The Visit: A Tragicomedy The Visit is a play written by Friedrich Dürrenmatt and contains qualities from both tragedy and comedy. The play follows the billionaire Claire and her quest to exact vengeance upon her ex-lover‚ Alfred Ill. She will give the town of Güllen a billion dollars if one of the townsfolk kills him. Through the characterization of Claire‚ Dürrenmatt illustrates the corruptive effects of wealth. Dürrenmatt characterizes
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Cesar Chavez‚ “True wealth is not measured by money or status or power‚ it is measured by the legacy we leave behind for those we love and those we inspire.” -Cesar Chavez. So‚ what exactly is wealth? In today’s world‚ if you were to ask some random person on the street that question‚ they would probably tell you it is the amount of money you have in the bank or a number of stocks you might own or how many exotic sports cars you might have. In reality‚ there is much more to wealth than just monetary
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political events. In his writing “The Way of Wealth” Franklin showed how he was able to step outside the common “norm” to share his unique perspective on wealth and spending. In “The Way of Wealth” Franklin explores the topic of wealth and how to achieve it. In his generation it was common amongst the upper classes to flaunt their wealth through their purchases‚ and most of them lived a very lavish lifestyle. It was not considered appropriate for someone with wealth to live humbly while saving money. Many
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THE JOURNAL OF FINANCE • VOL. LIX‚ NO. 1 • FEBRUARY 2004 Bondholder Wealth Effects in Mergers and Acquisitions: New Evidence from the 1980s and 1990s MATTHEW T. BILLETT‚ TAO-HSIEN DOLLY KING‚ and DAVID C. MAUER∗ ABSTRACT We examine the wealth effects of mergers and acquisitions on target and acquiring firm bondholders in the 1980s and 1990s. Consistent with a coinsurance effect‚ below investment grade target bonds earn significantly positive announcement period returns. By contrast‚ acquiring firm
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Social Justice: Distribution of Wealth Ever since an early human decided to give intrinsic value to a bushel of wheat for trade‚ money has been a quintessential part of human culture. As time has gone on‚ a flaw in this system has become apparent: some people have lots of money while others have very little. Today‚ this very flaw is the basis of a large portion of today’s issues‚ like corruption or poverty. Monetary Inequalities Wealth is distributed unequally amongst the world’s people. This issue
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STORY -- WEALTH‚ LOVE AND SUCCESS A woman came out of her house and saw three old men with long white beards sitting in her front yard. She did not recognize them. She said "I don’t think I know you‚ but you must be hungry. Please come in ... ...and have something to eat." "Is the man of the house home?"‚ they asked. "No"‚ she replied. "He’s out." "Then we cannot come in"‚ they replied. In the evening when her husband came home‚ she told him what had happened. "Go
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