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 to the onset of managerial
Premium Stock market Investment Stock
John Thornton the Perfect Owner Buck‚ the courageously bold and energetic dog in Jack London’s classic novel‚ Call of the Wild‚ had many owners in his lifetime. However‚ none of them quite like John Thornton. Astonishingly‚ John rescued Buck from a beating and nourished him back to health. Till the end they loved each other. They shared an unbreakable bond‚ which could withstand anything life threw at them. John Thornton‚ one of the characters from Jack London’s stunning book‚ was Buck’s final
Premium Family Love Father
P1 – Describe the type of business‚ purpose and ownership of two contrasting businesses. For this task I have been asked to select two contrasting businesses‚ which include both profit and non-profit sectors and some variation in size. I have been asked to focus on the type and form of the businesses‚ the purpose of the businesses and the extent of owner’s liability. I intend to briefly give a background of the businesses; this will be followed by paragraphs explaining: the type and form of the
Premium Corporation Organization Ownership
corporate media arena is an important one for emerging professional journalists‚ as well as for academics researching the field. This essay concerns itself with the controversial sacking of a business journalist‚ sacked for labeling a profile in the Australian Financial Review (AFR)‚ on a corporate businessman‚ as “creeping advertorial.” (Manning 2013). The essay asks firstly‚ whether the journalist was correct in his appraisal and if so‚ what are the implications of his sacking for emerging professional
Premium Mass media Capitalism
COMMUNITY PARTICIPATION & OWNERSHIP IN HEALTH CARE DELIVERY IN NIGERIA BY MUHAMMAD AWWAL WAZIRI RCHP; PGD HIV/AIDS; CAGH; B.Sc CommHealth; MLM; PHCT;TQM; DCH; CCH “The minds and ideas of people is the greatest resource a community has”. Phil Bartle The Alma ata declaration of September 12th‚ 1978 expressed the need for urgent action by all governments‚ all health and development workers‚ and the world community to protect and promote the health of all the people of the world‚ in its declaration
Premium Health care Medicine Health economics
Ownership‚ which is the act‚ state or right of possessing something. Throughout history‚ there has been dozens of African American inventors displaying their ownership. Anyone from Benjamin Banneker‚ George Washington Carver or Otis Boykin but‚ the one African American inventor that stuck out to me was Madam C.J. Walker. Sarah Breedlove also known as Madam C.J. Walker was one the first African American entrepreneurs and one of the very few owners of her time. Ownership was a rare thing among African
Premium Black people African American Race
Business Studies A-Level Revision Notes Business Ownership A. Reasons for Owning a Business Advantages • Enjoy higher flexibility and autonomy • Entitled to give orders to employees • Higher profit potential B. Ways to start a business ■ Buying an Existing Business Advantages • Save effort and time in planning‚ analyzing‚ recruiting.. • Avoid look for a location and design plant layout • Provide a network of existing customers‚ suppliers and distributors • Availability of business information
Premium Management Financial ratio Profit margin
Corporate Ownership: Causes and Consequences This paper provides an analysis of the article “The Structure of Corporate Ownership: Causes and Consequences” by Harold Demsetz and Kenneth Lehn‚ 1985‚ Journal of Political Economy‚ 95(6): 1155-1177‚ based on the ten basic claims of scientific research and Toulmin’s model of argumentation. To begin with‚ the question that the researcher proposes to investigate‚ which is whether there are any significant factors that influence a company’s ownership structure
Premium Scientific method Science Empiricism
proposal of the definition of ownership is intriguing‚ the vast majority of human thought‚ actions‚ and writings relating to ownership refer primarily to the material—things that can be bought‚ sold‚ traded or stolen. In order to properly understand the perspective of both classical philosophers such as Aristotle and Plato‚ we must understand ownership in these terms; using a newfound‚ more abstract definition distorts the original and practical meaning of the word “ownership.” Intellectual development
Premium English-language films Family Religion
is important to make decision which form of ownership to be used for your new business. There are a few factors to consider before choosing a form of ownership. First of all‚ tax considerations. Each entity type has its own tax requirements and benefits. Most business owners want to have as small as tax hit as possible. Business owners should consider tax laws‚ because some businesses are taxed heavily than others. Tax rates for each form of ownership constantly change due to amendments to the tax
Premium Corporation Tax Property