No. 2005–57 ROYAL AHOLD: A FAILURE OF CORPORATE GOVERNANCE AND AN ACCOUNTING SCANDAL By Abe de Jong‚ Douglas V. DeJong‚ Gerard Mertens‚ Peter Roosenboom March 2005 ISSN 0924-7815 Royal Ahold: A Failure of Corporate Governance and an Accounting Scandal Abe de Jong* Department of Financial Management Erasmus University Rotterdam a.jong@fbk.eur.nl Douglas V. DeJong Tippie College of Business University of Iowa douglas-dejong@uiowa.edu Gerard Mertens Department of Financial Management Erasmus
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Aid and the Dutch Disease in Ethiopia AID AND THE DUTCH-DISEASE IN ETHIOPIA Monetary Policy and Economic Research Directorate National Bank of Ethiopia Teferi Mequaninte tefmeq@yahoo.com May‚ 2005 SECTION ONE Introduction Following the introduction of the Structural adjustment program (SAP) in 1992 to the Ethiopian economy‚ there was a massive inflow of foreign aid in the form of grants‚ concessional loans and technical assistance. Net aid1 inflows to Ethiopia during the Derg period were
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analysere og vurdere deres værdikæde. Yderligere vil jeg analysere deres markedsføring på henholdsvis konsument og producent markedet. Jeg vil tillige arbejde koncernens markedsføringsstrategi i denne forbindelse vil jeg vurdere præcis‚ hvilken strategi Royal Unibrew anvender. Metode Arbejdet har bestået i at indsamle materialer som danner grundlag for rapporten. Jeg har fået et indblik i mange artikler og offentliggjorte materialer‚ her under blandt andet årsrapporten fra 2009 samt miljø rapporten fra
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Stakeholder analysis toolkit 1. What is Stakeholder Analysis It is the identification of a project’s key stakeholders‚ an assessment of their interests and the ways in which these interests affect the project and its viability. A stakeholder is any person‚ group or institution with an interest in the project. A stakeholder may not necessarily be involved/included in the decision making process. Stakeholders should be identified in terms of their roles not individual names. A stakeholder need not
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THE ROYAL WEDDING Every woman in this world has a dream of becoming a princess. Who would not? Isn’t it so lovely living the rest of your life with the man of your dream? Living in a palace like in Disney movies? Kate Middleton‚ a commoner‚ now the Duchess of Cambridge‚ became an instrument of hope of becoming a princess for these young ladies. Commoner or rich‚ they are all looking up to Kate. It gives hope for all young ladies that someday they will find their prince too. The royal wedding
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What is Stakeholder Analysis? Stakeholder Analysis (SA) is a methodology used to facilitate institutional and policy reform processes by accounting for and often incorporating the needs of those who have a ‘stake’ or an interest in the reforms under consideration. With information on stakeholders‚ their interests‚ and their capacity to oppose reform‚ reform advocates can choose how to best accommodate them‚ thus assuring policies adopted are politically realistic and sustainable. Although Stakeholder
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Battle Royal Battle Royal by Ralph Ellison follows the life of a young African-American who looks up to his grandfather although his grandfather describes himself as a "traitor to his people". The narrator contemplates this idea that his grandfather expresses‚ and when he is called to give a speech to a group of upper-class white folks‚ he is persuaded to fight a group of kids of the same age. He is defeated in the fight‚ yet he goes on to make his speech in front of the crowd. His persistence to
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Shareholder and Stakeholder Over the last decade‚ with the rapid development of business management‚ the Shareholders who are the effective owners of the company invest money into the business and want as much profit as possible as a return for their investment. Shareholders will engage manager to help them to run the business and make various decisions in different aspects in order to maximize potential wealth. There seems to be no doubt that a manager has a legal responsibility to shareholders
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Stakeholder Identification and Analysis What’s in this section? 14 15 16 18 19 20 22 23 24 26 Identify those stakeholders directly and indirectly affected by the project Identify those whose “interests” determine them as stakeholders Be strategic and prioritize Refer to past stakeholder information and consultation Develop socio-economic fact sheets with a focus on vulnerable groups Verify stakeholder representatives Engage with stakeholders in their own communities Remember that government
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There are many factors which have an effect over corporate strategy other than the organisations stakeholders which can influence the management decision process and the corporations strategy. The most influential external factors which will effect the organisations strategy are those included within the PESTEL framework and ethical issues within the marketplace‚ internal factors will mainly include the organisations history and culture. When discussing strategy there are generally 3 different
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