The Impact of Ownership Structure on the Dividend Policy of Japanese Firms with Free Cash Flow Problem Aristotelis Stouraitis Lingling Wu Department of Economics and Finance City University of Hong Kong September 16‚ 2004 * Contact information: Aristotelis Stouraitis (the author who will attend the conference and present the paper)‚ Tel: (852) 2788 8450‚ Fax: (852)2788 8806‚ Email: efstoura@cityu.edu.hk. Lingling Wu‚ Tel: (852)2788 7393‚ Email: 50004340@student.cityu.edu.hk. Address : Department
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The Adding Machine; Elmer L. Rice SUMMARY: The protagonist of this play is named Mr. Zero‚ and other characters are numbered too‚ which gives an idea of the sort of story this is. Elmer Rice was criticizing the modern society and the way its institutions (mindless workplaces‚ loveless marriages…) turn people into faceless automatons. The play is developed into eight scenes‚ which I am going to summarize straightaway. In the first scene‚ we meet Mr. Zero and his wife Mrs. Zero. The whole scene consists
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of ship work. They only had one day off every 13 days. These workers were in a high dudgeon when they were treated like slave machine satisfying their greedy owners. Nine Chinese sociologists wrote a letter calling for an end to the work practice‚ which they commented as "a model where fundamental human dignity is sacrificed for development" (Apple Factory). The Time Machine novel is written by H. G. Wells reflecting exactly this social issue that we are facing: it is the exploitation from the upper
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Jocasta – one woman‚ two characters ‘The Infernal machine’ by Jean Cocteau is based on the Greek tragedy ‘Oedipus the King’ by Sophocles. This play is a modern adaptation‚ almost in the form of a farce‚ of the Greek tragedy. The main plot of the play is exactly the same as that of Sophocles’ play‚ but Jean Cocteau has added a new style or touch to the story‚ through which he has attempted to turn it into a comedy. The character of Jocasta‚ who was the wife and mother of Oedipus‚ is the most prominent
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The Adding Machine – Director Character Analysis Mr. Zero – The main character in the Adding Machine‚ Mr. Zero is an individual that has clearly become a victim of a mechanized and industrial society. This society has robbed him of his true humanity and he has become someone who associates solely with his profession. Zero‚ a bookkeeper for the past 25 years‚ has let his profession overtake his life in multiple ways. He truly believes in his mind that holding the same profession for the past
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was a no show. It is said that the patrons became restless and from this karaoke was born. In the same decade Daisuke Inoue invented the first coin operated karaoke machine. He made a business out of it and started renting his karaoke machines out to restaurants and bars. It is from this very first machine that the modern karaoke machine was developed (Wu). Today karaoke can be found as a way to entertain people everywhere from a local bar down the street‚ to weddings‚ birthday parties‚ and even
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age of machine. Machine has acquired a high priority in the modern era. It has come to occupy a place of major importance in the life of man. In all spheres and walks of life machine comes to the aid of man. Right from the time of waking up in the morning till going to bed at night‚ man continues to make use of some machine or the other. In short‚ machine has come to stay as an indispensable instrument of considerable assistance to man at every step. Countless are the uses which machine has conferred
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Dividend Policy and Firm Performance: Hotel REITs vs. Non-REIT Hotel Companies Executive Summary. This article investigates whether the greater reliance of real estate investment trusts (REITs) relative to non-REIT corporations on external equity financing suggests greater capital market discipline of REIT management‚ or greater access to capital‚ overpaying for assets‚ overbuilding and overinvestment. Our analysis is based on a sample of sixteen hotel REITs and fifty-one non-REIT hotel corporations
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TOPIC: MACHINE TOOLS India stands 13th in the production and 6th in the consumption of machine tools in the world. The country is set to become a key player in the global machine tools industry with substantial increase in manufacturing of high end machine tools. The Indian machine tool industry has approximately 1000 units in production of machine tools‚ accessories/attachments‚ sub-systems and parts. Threefourth of machine tool producers in India are ISO certified. The market for machine tools
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“The Machine” The computer age has certainly changed everyone’s lives. The majority of people have joined their selves to machines for better and for worse in many cases‚ it has become the only acceptable way to communicate. According to “The Machine stops” short story written by E.M Forster‚ the lives of individuals are controlled by a machine that works under the surface of the earth. We are in a logic forced into agreement to gain knowledge of computers; otherwise opportunities will continue
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