Journal of Corporate Finance 11 (2005) 645 – 660 www.elsevier.com/locate/econbase Ownership structure‚ managerial behavior and corporate value J.R. Daviesa‚ David Hillierb‚T‚ Patrick McColganc a University of Strathclyde‚ UK b University of Leeds‚ UK c University of Aberdeen‚ UK Received 21 November 2002; accepted 6 July 2004 Available online 20 April 2005 Abstract The nonlinear relationship between corporate value and managerial ownership is well documented. This has been attributed
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New York is the state to be it’s one of the richest and one of the best. New York’s history is very rich and very old but very interesting. New York became a state on July 26‚ 1788‚ the capital is Albany. In 1664‚ the English took control of the area and renamed it New York. One of the original 13 colonies it was the 11th state to join the union.Between 1892 and 1954‚ millions of immigrants arrived in New York Harbor and passed through Ellis Island on their journey to becoming U.S citizens. New York
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In A Tale of Two Cities‚ Doctor Alexandre Manette suffers through a grueling imprisonment at the Bastille. The imprisonment lasted almost 18 years‚ but he remained “buried alive” for some time after his release. Therefore‚ Doctor Manette is a character who has a misconception about his world or himself and its destruction perpetuates the theme of resurrection. Manette’s misconception developed as a method of coping with his imprisonment. In order to keep his hands busy‚ Manette decided to make
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2012 www.iiste.org Two-Tier Corporate Governance Model for Pakistan Safdar Hussain Tahir1* Hazoor Muhammad Sabir2 Adnan Arshad1 Muhammad Anwar ul Haq1 1. Department of Banking & Finance‚ Government College University‚ Faisalabad‚ Pakistan. 2. Department of Economics‚ Government College University‚ Faisalabad‚ Pakistan. * E-mail of the corresponding author: safdartahir@gmail.com Abstract The main purpose of this study was to formulate a model of corporate governance suitable for
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winding up. Corporate strategy as a survival tool for organizational growth is an assertion that is relevant to all companies of all the sectors of the economy. First Bank of Nigeria Plc‚ being an old generation bank has stood the test of time‚ even in the bank re-capitalization process that recently took place. However‚ the fact that the bank has travailed in the industry does not exclude it from having problems. This research is therefore being carried out to determine whether the corporate strategy
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The French Revolution was a time period of rebellion in the late 1700s throughout France. Charles Dickens wrote A Tale of Two Cities roughly sixty years after the French Revolution‚ starting as installments in a magazine then publishing his works in a book. The French Revolution was a time when man was extremely inhumane to his fellow man. This inhumanity is seen throughout Dickens’ novel in many ways. He proves that the cycle of man’s inhumanity to man is never ending when people come to watch Darnay’s
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A tale of two cities is a book about the French Revolution and the characters who get caught up in it. It takes place over about 17 years. From 1775-1772 with flashbacks that go back further than that. It shows all the injustices leading up to the ultimate revolution. It is also in various ways a Christian allegory about sacrifice and redemption. The book begins in 1775 where a man named Jarvis lorry is on his way to Dover England. He works for a bank and is leaving for France. A man named Jerry
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The Tale of Two Cities‚ a novel written by Charles Dickens‚ examines the violence of the French Revolution and the effect that the war had on the citizens of both England and France. Dickens writes the novel through the perspective of an English citizen. The novel opens with the statement‚ “It was the best of times‚ it was the worst of times‚ it was an age of wisdom it was the age of foolishness” (Dickens 1). He used the book to share his message and his thought on different subjects that he believed
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People without families often associate with and after time‚ integrate themselves into other families. In Charles Dickens’ A Tale of Two Cities‚ Mr. Lorry‚ an aging banker‚ and Miss Pross‚ a spinster governess‚ spend time with the Manette family and eventually become a part of the family. Mr. Lorry becomes close friends with the Manettes after reuniting Lucie‚ a member of the Manette family‚ with Dr. Manette‚ her father who unjustly spent 18 years locked in the Bastille. Miss Pross‚ who took care
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Set in the holy city of Varanasi‚ Revolution 2020 is the story of three childhood friends - Gopal‚ Raghav and Aarti. Gopal and Raghav are childhood friends‚ whereas Aarti is Gopal’s closest friend and love interest. Gopal is from a poor family‚ Raghav‚ a middle-class family‚ and Aarti’s family is from a bureaucratic and political background. The three friends hold their own ambitions in life‚ with Gopal seeking financial wealth‚ Raghav wanting global political change and Aarti aspiring to work as
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