Effects of working capital management on the profitability of Portuguese manufacturing firms Sónia Silva* sonia@eeg.uminho.pt Florinda Silva** fsilva@eeg.uminho.pt July 2012 Abstract This study provides empirical evidence about the effects of working capital management on the profitability of Portuguese manufacturing firms. A database covering the period 1996-2006‚ collected from Portuguese Statistical Office‚ is analyzed under panel data methodology. In line with previous research
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(New) Hammurabi’s code: was it just Hammurabi‚ the king of the small city-state of Babylon‚ ruled for 42 years making 282 laws being written in cuneiform. Together‚ these 282 laws carved onto a large stone‚ make up what has come to be known as Hammurabi’s code. Hammurabi’s code was not just because some of the laws were not only greatly exaggerated towards those accused of crimes‚ but also the consequences of the suggested crimes were unfair and cruel when viewed through the 21st century perspective
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The Approach Paper to the Tenth Five Year Plan aims at stepping up the growth rate of GDP to eight percent per annum over the Plan period 2002-2007. It also proposes to establish specific monitorable targets covering economic‚ social and environmental dimensions of human development. These include targets on reduction in poverty ratio‚ access to primary education‚ raising literacy rate‚ decline in infant mortality rate and maternal mortality rate‚ raising employment growth rate‚ improving coverage
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Domestic Workers Thesis and Outline Domestic workers in the United States should have legal working rights set up for them so that they are not taken advantage of for what they do. Introduction A: “There are at least 1.8 million workers work as domestic workers in American homes.” http://www.excludedworkerscongress.org/domestic-workers B: With the amount of domestic workers in the United States what are there any laws to assist them when it comes to labor? Body: A: What the
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I was born March 18‚ 1989 which is the third month of the year according to the Gregorian calendar. According to the early Roman calendar‚ March was the first month of the year and formerly called Martius. March’s name honors the Roman God of war named Mars. March has always had 31 days and brings in spring while ending winter so it can be both spring like and wintry. Although March has no national holidays‚ several state and religious holidays are celebrated. For example‚ the Irish celebrate
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Joseph Stalin became the leader of the Soviet Union after Lenin’s death in 1924. In 1928 Stalin began the First Five-Year Plan‚ an ambitious attempt to quickly modernize the Soviet economy. In the speech below‚ given in 1933 to the Central Committee of the Communist Party‚ Stalin explained the goals and results of the Five-Year Plan. The fundamental task of the Five-Year Plan was to convert the U.S.S.R. from an agrarian and weak country‚ dependent upon the caprices of the capitalist countries
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SETTINGS 1.1 list the aspects of employment covered by law * Minimum wage * Hours worked (working time directive) (WTD) * Discrimination * Health and safety * Holiday entitlements * Redundancy and dismissal * Training * Disciplinary procedures * Union rights and consultation‚ etc. these apply to all Work environments. . Labour law covers the deal between employee and employer. Health and safety laws cover the work conditions‚ and minimum wage and other laws set basic compensation
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[NOVEMBER The Nature of the Firm By R. H. COASE ECONOMIC theory has suffered in the past from a failure to state clearly its assumptions. Economists in building up a theory have often omitted to examine the foundations on which it was erected. This examination is‚ however‚ essential not only to prevent the misunderstanding and needless controversy which arise from a lack of knowledge of the assumptions on which a theory is based‚ but also because of the extreme importance for economics of
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Five year Plans for Economic Development After the 6.25 war‚ most of all production institution was in ruin condition‚ so the South Korea economic had to start off with a clean state. In 1950s‚ Korea could survive based on U.S.A’s support‚ but when the international balance of payments and the budget deficit expanded‚ U.S.A had to announce to Korea that they will reduce the amounts of the support. For this reason‚ the president of South Korea‚ Park Jung Hee‚ who seized the power through staging
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Alethea Evangelista Professor Mindy Treftz Management 540 15 November 2010 Becoming the Employer of Choice During the course of a day‚ one is likely to be exposed to dozens of interactions with service providers. Whether at the coffee shop getting ready to start the day with a warm cup of coffee‚ the doctor ’s office signing in for an appointment or the taxi driver who has the important task of getting you to the airport in time for an important business trip. Each one of these interactions
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