AND BOARD EFFECTIVENESS ON FIRM PERFORMANCE: NEW EVIDENCE FROM KENYA Vincent O. Ongore‚ PhD Assistant Commissioner Kenya Revenue Authority P.O. Box 48240-00100‚ GPO Phone: + 254 (20) 310900 Mobile: +254 723854796 Nairobi. Email: Vincent.ongore@kra.go.ke Abstract Research on corporate governance is very thin on the role of owners on corporate performance‚ especially how risk-taking orientation of owners comes to bear on decision making processes of the firm. The Board has been given inordinate
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growth among firms than unrelated diversification. It explains the concept of diversification‚ the rationale of diversification‚ types of diversification‚ diversification strategies‚ and dimensions of diversification. This paper analyses the given hypothesis using various examples and reaches a conclusion. Keywords Related‚ unrelated‚ diversifact‚ diversification‚ diversifame‚ diversifad‚ diversifriction Hypothesis Related diversification is a more successful strategy for growth among firms than unrelated
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SciVerse ScienceDirect Research in International Business and Finance j o ur na l h om ep ag e: w w w . e l s e v i e r . c o m / l o c a t e / r i b a f Does good governance matter to debtholders? Evidence from the credit ratings of Japanese firms Hiroyuki Aman a‚1‚ Pascal Nguyen b‚∗ a School of Business Administration‚ Kwansei Gakuin University‚ Uegahara‚ Nishinomiya‚ Hyogo 662-8501‚ Japan b Faculty of Business‚ University of Technology Sydney‚ P.O. Box 123‚ NSW 2007‚ Sydney‚ Australia
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Explain why oligopolistic firms are affected by both interdependence and uncertainty when selling their product. An oligopoly is a market structure in which it is dominated by a small number of firms who have a high concentration ratio of the market and so have the ability to collectively exert control over supply and market prices. An oligopoly firm would face uncertainty‚ if they were taking part in collusive acts. Collusion is an agreement between two or more firms‚ sometimes illegal and therefore
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were in high demand the competition rises automatically. An oligopoly is one of the structures that occur in an imperfectly competitive market. It’s a situation where a market or industry and its supply of goods is dominated by a small number of firms. Hence a small amount of buyers and a few companies who sell the product is typical for an oligopolistic industry. This thesis can be undermined‚ because during the 80s there was no such thing as an oligopoly from an industrial organization point
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might a business firm pursue other objectives besides the objective of maximum profits? What objectives other than profit maximisation might a firm pursue? Is this possible in a competitive world? The traditional theory of business behaviour tends to make a general assumption that businesses possess the information‚ market power and motivation to set a price and output that maximises profits. Profits being defined as the difference between the total revenue received by a firm and the total costs
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Summer Internship Report On “To study the marketing strategy and client satisfaction level” Submitted Towards the Partial fulfillment of Post Graduate Degree in MBA (Retail Management) With special reference to Indiabulls securities limited SUBMITTED BY Shivani Gupta A0116208019 MBA (RM)‚ Class of (2008-2010) Semester-III Under The Guidance of: External Supervisor:
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Discuss why China decided to take firm action against North Korea’s unpredictable and volatile behaviour in relation to its recent ballistic missile tests. Before the emerge of North Korea conflict in undergoing sanctions under the United Nations‚ China and North Korea were closed together as the ‘lip and teeth’ they called it. The Korean War that had happen has pushed the two regime to be closer as well as the Treaty which they signed as a symbol of friendship – Sino-North Korean Mutual Aid and
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2401‚ Taft Avenue‚ Manila‚ Philippines De La Salle University It takes two to tango: An empirical tale of distressed firms and assisting banks A Critique Paper In Partial Fulfillment of The Requirements In MODADV1 Submitted by: Fernando‚ Anna Margarita B. Submitted to: Dr. Rodiel C. Ferrer Date September 28‚ 2011 I. Introduction The business world can be likened to a Pandora’s Box. It is filled to the brim with a cacophony of surprises‚ which can be either beneficial or
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This project involves the establishment of level of professionalism of Public Relations practitioners to be conducted within PR firms/agencies allocated in Nairobi. It is important to professionalize PR since every organization cannot work minus Public Relations activities and therefore there is a need to establish the practitioners level of professionalism CHAPTER 1 1.0 INTRODUCTION LEVEL OF PROFESSIONALISM OF PR PRACTITIONERS IN NAIROBI The level of professionalism of Public Relations
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