The Agency Cost Problem or Principal-Agent Problem‚ which is believed‚ arises from the separation of ownership and control‚ could be mitigated in many ways. In their paper Jensen and Meckling (1976) mention that if a company fully owned by its managers‚ they will work on maximizing its value. But if a fraction of this equity owned by managers is sold to outsiders‚ the risk borne by them now will have fewer fractions than before. This will be one of the main reasons for management to act on maximizing
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True friendship means understanding and knowing how your friend is feeling and what mood they are in by the way they are acting‚ but no matter how many fights and arguments that you and your friends get into it does not matter because true friendship always prevails.James Miller once said that “A friend is someone who knows you as well or better than you know yourself.”(113). those words could not be any truer. Friendship is something that is forged and made over many years and memories.. For many
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Running head: FRIENDSHIP IN ARISTOTLE’S NICOMACHEAN ETHICS Can virtual friendship be genuine friendship as articulated by Aristotle in his Nicomachean Ethics? Aimee Muscat University of Malta 1 FRIENDSHIP IN ARISTOTLE’S NICOMACHEAN ETHICS Abstract Aristotle defines friendship as a single soul dwelling in two bodies. With the introduction of online social networking‚ the way we form friendships has changed considerably over the past decade. The purpose of this paper is to give an insight‚ on the
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What is Friendship? What is a friend? According to Aristotle‚ a friend is a single sole dwelling in two bodies. People understand the concept of friendship differently‚ but there is one common ground for it. It is always built on a mutual sympathy. Friendship plays an important role in our lives‚ to a large extent. Friends can help you find the meaning of life by helping you overcome challenges. They are people in your life that care for you and they simple add joy and meaning to your life. In some
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My Friendship Good morning ladies and gentlemen‚ I am grateful having an opportunity to speak-out my side my definition of friendship and its important not only for my own perspective but for each of us. I hope I am able to make justice on this. Although this topic is not anymore unfamiliar to our lives but defining it to the extent that we can expressly define it as what really friendship is‚ surely is another story to each of us. The best way also to see the importance of having friends is through
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Occasional Arguments Are Good for Friendship Everyone in this world should have at least one or two close friends‚ because friends are important parts of our lives. A good friend can bring happiness‚ be useful for each other‚ and make one feels comfortable when the other is around. Sometimes‚ friend can also have different opinions‚ and it might bring up arguments. It can strengthen friendship by having occasional healthy arguments and debate‚ because it provides the opportunities to learn from
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Male Vs. Female Friendships How different is a friendship with a woman from the one with a man? What do you prefer? Are they the same kind of friendship or does it depend on the person? I have my own opinions to compare and contrast about these two kinds of friendships‚ such as confidence‚ places to go out and the way of thinking. Confidence is very important to establish in a friendship. Confessing something is difficult but when you have someone important who can listen to you and give you
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Drugs are a common problem here in Hawaii for many years now. The National Drug Intelligence center calls ice methamphetamine the greatest drug threat to Hawaii followed by marijuana‚ cocaine‚ heroin and the abuse of prescription drugs. The estimated range of ice meth users is anywhere from 8‚000 to 120‚000 out of the 1.2 million people. About 37.4 percent of men jailed in Honolulu are tested positive for methamphetamine in their system. The state authorities arrest an average of 1‚500 people per
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Yearning Friendship In the heart of every human‚ there is a longing for companionship. The novella Of Mice and Men by John Steinbeck tells readers of the tragic tale between two males‚ George Milton and Lennie Small‚ who are trying to survive the cruel times of America ’s Great Depression. George and Lennie are two ranch workers hopping from place to place in order to survive and fulfill their dreams. Even though the two men are complete opposites‚ they stick together to the end of the novella
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religious lectures. Now after reading this brief insight by Sister Mary‚ I have developed a newfound appreciation for this man because of the hardships he experienced early in his life. To overcome these adversities‚ Pope Benedict relied on his love and friendship with Jesus‚ the Beloved. He sets a great example for us Christians. I think that all of us have to take the time to learn more about him so we can all develop the appreciation for him like I did. His humbleness and loving character is something
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