The efficient-market hypothesis emphasizes that arbitrage will rapidly eliminate any profit opportunities and drive market prices back to fair value. Behavioral-finance specialists may concede that there are no easy profits‚ but argue that arbitrage is costly and sometimes slow-working‚ so that deviations from fair value may persist. Sorting out the puzzles will take time‚ but we suggest that financial managers should assume‚ at least as a starting point‚ that there are no free lunches to be
Premium Stock Finance Debt
Q1 : Five Organizations in Nairobi County and it’s Publics based on categories of Wragg. Unga Group Limited - Unga Group is a flour milling company in Kenya. Unga is headquartered in Nairobi with flour mills in Eldoret‚ Nakuru and Mombasa and is listed on the Nairobi Stock Exchange. The company was founded in the early 1900s. Its name is abbreviated to UGL. It is categorized as a company deals with Functional Publics as they are those publics which enable the organization to perform its chosen
Premium Nuclear power Human rights Kenya
the other hand‚ the over react of dealing with civilians‚ and the unsupervised job that they do hold to be some of its minuses. One of the most important jobs that the FBI does is to chase and follow dangerous serial killers who in danger their society. One example of that is catching the train serial killer. Rafael Martinez or Angel Martinez‚ who was hiding in other country which‚ makes the other police agencies
Premium Federal Bureau of Investigation United States Police
collection of statistic to show the working of existing law (HNT31) (HNT130) (SRM184) 11. Impact Analysis: Impact of Law and Society on each other (HNT6) (SRM14) 12. Projective: find out degree of acceptance of any project/ new law etc by people (HNT6) (SRM14) 13. Interactive: study of the process of interactions between law and other factors or institutions in society (SRM14) 14. Diagnostic/Clinical: to find Why and What can be avoided by testing whether certain variables are associated (TKS3)
Premium Scientific method Law
The Large Ant as an Ineffectual Critique of Human Moral Nature What is “human nature”? Do a natural set of behavioral paradigms govern our morals at the most basic level? And more importantly‚ are those prescribed behaviors inherently good‚ or naturally evil? The Large Ant by Howard Fast depicts human nature as leaning toward the latter. Many other artistic and literary works seem to take this position‚ arguing that because humans have the capacity to commit evil deeds‚ they must themselves be
Premium Human nature Evolutionary psychology Meaning of life
CORRUPTION IN INDIA Corruption is one of the biggest problems in India. In simple meaning corruption is to get a work done in a wrong way. Vary often we heard or read in newspaper about the subject. One by one new scandals come out. People in the business‚ politics‚ education‚ government employer everyone are taking bribe. They are not satisfied with the salary. They are of greedy kind of people. Recently‚ the government increased the salary of M.P.’s from rs.16‚000 to rs.50‚000‚that is 300% increase
Premium Corruption Tax haven Political corruption
Do People in Public Life Have a Right to Privacy? People‚ famous or not‚ have a right to privacy‚ which is a basic human right. Although some of them have voluntarily made themselves known to the world‚ they are still entitled to live a life without others following them all the time‚ eavesdropping on what they say and being under surveillance. However‚ in the case of politicians or other powerful people‚ the right to privacy comes into conflict with another right‚ the public’s right to know. The
Premium Human rights Law Universal Declaration of Human Rights
smeQUESTION 1 SMEs AND LARGE ORGANIZATIONS Small and Medium Enterprise (SMEs) and large enterprise might operate in the same market‚ but there are certain differences in the two. Certain parameters are used in differentiating a small company from a big company. Such parameters include: BUSINESS SIZE: Organization size can be determined by the number of employees and IT staffs that work in it. SMEs have lesser employees; say from 10 employees to 200. But large corporations have larger number of employees
Premium Enterprise resource planning
Corruption in the Philippiness In the early 1960s‚ the Philippines was an economic power. In fact‚ during the era‚ the archipelago nation boasted one of the largest economies in Asia‚ behind only Japan. Today‚ while it remains an important part of Asean and the world community at large‚ it’s safe to say that those glory days are long over. When most outsiders think of the Philippines today‚ it is political instability‚ economic struggle‚ crime and corruption that often come to mind. hen
Premium Political corruption Bribery Foreign Corrupt Practices Act
Corruption in Pakistan From the Newspaper January 17‚ 2011 Corruption has always been a big problem for Pakistan and is on the rise by the day. Apparently there are institutions like NAB‚ FIA and Ehtesab Bureau to curb corruption‚ but these have not succeeded in their efforts. According to Transparency International’s Corruption Perception Index‚ “In 2010‚ Pakistan stood at 34th number as compared to 42nd in 2009”. It means it has plunged eight more points in corruption. The irony is that before
Premium Transparency International Political corruption Corruption