Introduction Corporate governance is a field in economics that investigates how to secure/motivate efficient management of corporations by the use of incentive mechanisms‚ such as contracts‚ organizational designs and legislation. This is often limited to the question of improving financial performance‚ for example‚ how the corporate owners can secure/motivate that the corporate managers will deliver a competitive rate of return. (Mathiesen‚ 2002). Another definition is "Corporate Governance
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Economics for business TABLE OF CONTENTS Question 1 ................................................................................................................................ 3 Overview of the Mauritian Economy ........................................................................................ 3 Economic Indicators ............................................................................................................ 4 GDP .............................................
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Chapter 1 1.1 Introduction Global economic slowdown a situation in which GDP growth slows but does not decline. For example‚ if GDP goes from 5% growth to 3% growth‚ an economy is experiencing a slowdown (http://financialdictionary.thefreedictionary.com/Economic+Slowdown‚ 2012). Most analysts do not consider a slowdown to be a recession‚ as global recession is a decline in a country’s gross domestic product (GDP) growth for two or more consecutive quarters of a year‚ it also preceded by several quarters
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PROBLEM STATEMENT AND JUSTIFICATION Ethiopia is one of the countries with the highest rate of population growth in Africa. For long‚ there has not been corresponding economic growth to meet the needs of the ever growing population in the country. Consequently‚ the people have been subjected to poor living condition both in urban and rural area. In urban areas; there have been multiple factors those have contributed to different problems on the top of the general poverty and fall in the living
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globally. Furthermore‚ it will demonstrate that there is a valid case for implementing Islamic Finance along with conventional banking‚ assess if past and current experiences from other countries can help in the implementation of same in Mauritius and whether Mauritius is ready to face the challenges. This study will also help individual and institutional investors in opting for ‘better’ investment strategies and policy makers will be able to
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1 2010 _SIMEON ABUMERE IYOHA PG/EDU0003886_ [ ASSIGNMENT FOR BUS 815-ENTREPRENEURIAL DEVELOPMENT 2008/2009] _ENTREPRENEUR AND ECONOMIC DEVELOPMENT OF NIGERIA: PROBLEMS AND PROSPECTS_ � INTRODUCTION "No amount of pay would be enough for an employee of an organization to live a comfortable life that he would please"- this assertion is a common place phrase that new inductee of banks are tutored with on entering into the financial systems of Nigeria banks and this mantra is soon forgotten
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0.996 | Dependent variable: Semdex Prob > F = 0.0000 R- Squared = 0.8841 Adj R-squared = 0.8636 . The Adjusted R2 - the coefficient of determinationR2 is used in the context of statistical models whose main purpose is the prediction of future outcomes on the basis of other related information. The R-squared is 0.8841‚ when adjusted being about 0.8636 meaning that approximately 86% of the variability of LSEDX is accounted for the variables in the model
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different operations of the Supply Chain for pharmaceuticals in the Public Sector. B. Country Background With a per capita income of about US$ 260 at the time of independence in 1968‚ Mauritius emerged from an under-developed economy to that of an upper middle income economy. In 2006 Mauritius had a per capita income of US$ 6431 or $11 643 in purchasing power
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Some major economic problems currently facing the United States are poverty‚ welfare‚ and equal pay. The word poverty is defined by the Office of Management and Budget‚ the definition is a person with an income less than suitable to buy the basic necessities to live like food and a place to sleep. Poverty is not the same in every state and there is not just one meaning or one type of poverty‚ there are actually 6 types of poverty: rural‚ general‚ urban‚ relative‚ situational‚ and absolute. The
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The Republic of Mauritius obtained its independence from Great Britain in 1968 and became a republic in 1992. Mauritius has maintained its membership to the Commonwealth after its accession to the status of republic. Mauritius has a ‘hybrid’ legal system; combining both the civil and common law practices. Its legal system is governed by principles derived both from the French Code Napoleon and the British common law. The Supreme Court of Mauritius is the superior court of the island‚ having unlimited
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