SUMMARY Moral Hazard in Equity Contracts: The Principal-Agent Problem The separation of ownership and control involves moral hazard‚ in that the managers (the agents) may act in their own interest rather than in the interest of the stockholder-owners (the principals) because the managers have less incentive to maximize profits than the stockholder-owners do. Tools to Help Solve the Principal-Agent Problem Production of Information: Monitoring Stockholders engage in a particular type of information
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COMPANY PROFILE INTRIODUCTION Vertex Technologies Pvt. Ltd. is a leading IT solutions and service providing center. Established at Nadiad‚ today we are technically advanced and ready to serve even the toughest of the technical IT challenges. Along with providing IT solutions in terms of both Hardware‚ Software‚ Networking‚ Security solutions(IT)‚ Project works‚ Solar & Wind energy Solutions‚ Energy Saving Products & Green Energy Products in Information Technology‚ Led Lighting
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Moral Objectivism and Moral Relativism Today there are many people that stand by moral relativism‚ which claims that moral values are not objective. The liberal mindset of accepting other cultures and values leads some people to select moral relativism over moral objectivism‚ which claims that moral values are objective. Moral relativism is problematic in that it allows one to validly select any moral argument‚ and ultimately subverts the primary goal of ethics. Moral values are objective‚ and
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Chapter 1 Midnight in the deserts of Afghanistan‚ at an Al-Qaida training camp. Gunshots echo throughout the camp. Young boys come running out of dust covered tents. Together they number fifty. All of them were half asleep and hungry‚ shivering in the ice cold night air. The story of these boys is the same. They were taken from their families at an early age and brought here. One in particular stands out; he is the son of a general who fights Al-Qaida‚ and serves the President of Afghanistan
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What makes ethical behaviors sometimes immoral? Obedience is one of the really good morals that everyone should have‚ one of the things that people are looking for in people around them and that parents wants their children to have. This valuable moral as much as it is really valued and wanted‚ sometimes is not the best thing to do; sometimes disobeying or saying “NO” is much better‚ but this does not mean that it lost its value and become unethical; rather it means that it is like any other thing
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Forwarders can act as either a Principal or Agent. Describe in your own words the differences between each. Under what circumstances might a Freight Forwarder want to act as either a Principal or Agent? When Freight Forwarders act as principal‚ they assume all responsibility and liability for the pick-up‚ handling‚ transporting and delivery of the shipment as a regular common carrier would. Their name is on the BOL. When a Freight Forwarder acts as an agent‚ their liability ends once they hand over
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1. What is the infectious agent (pathogen) that causes this infectious disease? Hepatitis A is cause by the Hepatitis A virus. The Hepatitis A virus causes an inflammation of the liver. 2. How is the infectious agent transmitted through food or water? The Hepatitis A virus is found most commonly in the stools and blood of an infected person about 15 to 45 days before symptoms occur and during the first week of illness. Hepatitis A is transmitted through eating or drinking water that has been
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Ina highly competitive profession like acting ‚ one must never underestimate the importance of professional and formal training. Irrespective of whether you excel or have a unique flair in this art ‚ there are a variety of techniques ‚ perspectives ‚ methods etc that could help you when you embark into theatre and films. While training to become an an actor doesn’t necessarily require a degree from a college or professional learning‚ many of the best actors in world cinema have grown to be well
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surprise party to honking at a car that cuts you off‚ virtually every one of our voluntary actions must first undergo some sort of moral processing that tells us whether it is okay or not to do. As expected‚ this moral processing varies from culture to culture and is the basis of many of the culturally specific traditions and laws that we see today. However‚ this moral disagreement across cultures is so distinct that many intellectuals‚ especially in this current generation‚ have elected to believe
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