Agency problem and its solutions Introduction Principal-agent relationship occurs when a principal contracts an agent. The principal hires the agent to perform a service for him or to act on his behalf. For example‚ in a large corporation‚ shareholders would hire managers to help them to organize the company in dairy business. However‚ agency problems may arise because of the conflict interest and asymmetry information between principals and agents‚ which lead to agency costs. In this essay‚
Premium Principal-agent problem Information asymmetry
body tremendously. Smoking can damage your lungs‚ brain‚ and heart. Smoking is a problem not only for human beings‚ but for America as a whole. Smoking pollutes the air. Cigarettes are made from 4‚000 different chemical compounds and 400 toxic substances. Smoking is also bad for America because of “second-hand smoke”. We roam around in a universe polluted by smoke. This is why smoking cigarettes is a problem. Smokers need to realize that they are not only damaging themselves‚ but the others around
Premium Smoking Tobacco Nicotine
case is designed to introduce discounted cash flow valuation techniques in a cross-border setting. Groupe Ariel’s Mexican subsidiary is proposing the purchase and installation of some cost-saving equipment in its plant in Monterrey. The headquarters at Ariel requires a discounted cash flow analysis and an estimated net present value for expenditures of this magnitude. The issue is whether the analysis should be performed in euros or pesos. Relevant cash flows and appropriate discount rates are the
Premium Net present value Discounted cash flow Internal rate of return
Question 2: If a matrix has 24 elements‚ what are the possible order it can have? What‚ if it has 13 elements? Answer We know that if a matrix is of the order m × n‚ it has mn elements. Thus‚ to find all the possible orders of a matrix having 24 elements‚ we have to find all the ordered pairs of natural numbers whose product is 24. The ordered pairs are: (1‚ 24)‚ (24‚ 1)‚ (2‚ 12)‚ (12‚ 2)‚ (3‚ 8)‚ (8‚ 3)‚ (4‚ 6)‚ and (6‚ 4) Hence‚ the possible orders of a matrix having 24 elements are: 1 × 24
Premium Matrices Diagonal matrix
Labor Unrest in Bangladesh RMG Sector: Does Active Labor Union Reduce the Risk of Labor Unrest in RMG Sector? A Dissertation by Urmi Tamanna ID-07272026 MAGD Batch-2 Submitted to Institute of Governance Studies BRAC University Dhaka In Partial Fulfillment of the Requirement for the Degree of Master of Arts in Governance and Development (MAGD) Institute of Governance Studies BRAC University‚ Dhaka‚ Bangladesh November 2010 Declaration I hereby declare that I am the sole
Premium Trade union
project are given in the below table. Construct a PERT network and find out (a) The earliest possible time (TE) to complete the different activities‚ (b) The latest allowable time (TL) for them‚ (c) The slack values‚ (d) The critical paths‚ and (e) The probability factor for completing the project in 30 weeks. [pic] [pic] SOLUTION: [pic][pic] [pic] (iv) Critical Path 1–2–4–6–7–9–10 = 28 weeks. Vcp
Premium Normal distribution Critical path method Project management
Problem/Solution Proposal Essay Michael Harris English Composition I Professor Barbara Green February 2‚ 2013 In today’s world there are many people who are unemployed and who look for jobs daily and have not been successful in finding a job. My wife works in the social services field here in Fresno County she constantly comes home and vents to me about how disappointing it is to have to deal with clients of her coworkers who make complaints about their workers and how unfair they are treated
Premium
The problem and solution of plastic Recently‚ plastic has become one of the most serious pollution problems in the world. According to a piece of news‚ it shows that every year worldwide plastic trash has been estimated at 260 million tons‚ and around ten percent ends up in the ocean. Many clean any more. As a result‚ in order to get back our beautiful ocean‚ people must recycle plastic and transform it into other energies. The tourism has become a great share that contributes to a country’s
Premium Recycling Petroleum Plastic recycling
Prof Snyder Problem-Solution Essay 7 November 2012 Generation Y Not Vote? It only comes once every four years. It is a day of unity‚ expression‚ equality and freedom. Every citizen over the age of eighteen in the United States has the opportunity –the right– to be a part of something huge. Presidential Election Day. The long awaited day that is consumed by the media‚ Facebook‚ and Twitter months in advance. An individual can choose to voice an opinion with discretion and secrecy in the voting
Premium Voting Election Elections
educational attainment for different groups. The different causes for the gap‚ different ways to reduce the gap‚ as well as examples of schools that have successfully done so will also be discussed. The Achievement Gap: Causes and Possible Solutions What causes the gap? Many educational researchers have studied the causes of the significant achievement gap between Caucasian middle or upper class students and African-American or Hispanic underprivileged students‚ and have demonstrated
Free Education Teacher