Case 3: How Much Should Directors Direct? Q: How active do you think boards should be? A: In my views‚ boards shouldn’t active in corporate governance‚ strategic planning and general decision too much‚ but they should be more active in communicate with CEO. Boards and CEO have different role. CEO is boards’ only one subordinate. They have their own responsibility. CEO’s job is making sure that the company can make money for shareholders with a sustainable condition. Boards’ job is get report
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3. MONEY Money is everything that serves as universally excepted medium of exchange or means of payment. Functions of money: Medium of exchange – enables people to exchange goods and services for other commodities Store of value – at home money loses value because of inflation so it is better to deposit financial assets with a bank. Money can also be stored in other forms – securities (cenné papiry)‚ shares‚ or bonds (dluhopisy‚ obligace). We can also invest in properties‚ lands‚ arts‚ jewelry
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Case Study #1: Green Valley Medical AEM 4570: Advanced Corporate Finance Name: Di Hu Net ID: dh583 1. What are the key elements of Green Valley’s strategy? a. What kind of hospital is it‚ and how does that relate to their overall strategy? Green Valley Medical Center is a nonprofit teaching hospital comprising of 330 beds affiliated with a large state university in a midsize town located several hours from the state’s two urban centers. It was the only regional hospital
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Bart police for a crime you did not commit. This is the story of a young man named Oscar Grant. On New Years Eve of 2009‚ he was fatally shot. . Police brutality is the use of excessive force‚ physically or verbally‚ by a police officer. In one year‚ how many incidents of police brutality or misconduct do you think have occurred? In the U.S. alone‚ statistics show that over 2‚500 incidents have occurred. Because of the constant stories of severe police brutality‚ it is clear that the efforts to stop
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There are four basic functions of money: The first is as a medium of exchange. The second is as a unit of account. The third is as a store of value. The fourth is as liquidity. The most obvious function of money is as a medium of exchange. When you hand the waiter a five-dollar bill in exchange for your hamburger‚ you are using money as a medium of exchange. You might have a hard time paying for your hamburger with five dollars worth of apples‚ but if you did‚ the apples would serve as a
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Will the Space Elevator ever be a reality? Tim Engstrom The Cost of Space The cost of shipping payloads into space is currently thousands of dollars per kilogram[1]. Rockets are used for this job‚ subjecting the cargo to severe changeable g-forces‚ generating extreme pollution. The cost of launching a satellite by rocket is typically between $50 million and $400 million dollars[2]. Geosynchronous orbits at 35‚786 km are significantly more expensive to achieve than Low Earth orbits at less than
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Question 1: What kind of company is Otis? OTIS Elevators started out in 1853 by the invention of the “safety brake elevator.” Their core business is designing‚ installing and provide service within the industry of elevators‚ escalators and walkways. Today OTIS operates worldwide‚ with headquarter in the U.S. and different facilities located in European and Asian countries. Through this they have managed to become market leaders in their field. Throughout time the business focus of OTIS have changed
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How much sleaze is too much? Putting cultural theory into practice. Since the world entered the new century globalization of all aspects of people’s lives has increased. More and more companies have been transformed into MNEs. According to Rugman and Collinson (2009) the number of employees working across borders nearly tripled over the last 20 years‚ exposing managers to various socio-cultural and ethical issues. Geert Hofstede argues that “culture is more often a source of conflict than of
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CHAPTER ONE 1.0. OVERVIEW OF PORTFOLIO MANAGEMENT The main aim of private sector is to seek profit‚ their capacity is to earn profit‚ depends on their investment policy among others. Its investment policy‚ return‚ depends on the manner in which it manages its investment portfolio. Thus‚ organizations investment policy emerges from a straight forward application of the theory of portfolio management. Portfolio management therefore‚ refers the prudent management of an organization (banks) assets
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Jeffrey Skilling‚ Bernie Madoff the Monster & the Other Smartest Guys of the Room Enron and Madoffs Ponzi scheme: two scandals that changed U.S. history and prove just how weak the controlling mechanisms of developed economies are. Enron‚ the seventh largest company in the United States‚ was declared bankrupt in December 200 1 after its investment partnership proved to be masking a colossal mountain of debt (around $1.2 billion). Similarly‚ Madoffs company‚ Bernard L. Madoff Investment Securities
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