Module Title: Finance Principles Module Code: 5AC002 Module Leader: William Coffie Student Name and Number: Qianhui MA(1223583) Date of Submission: 14th Jan 2013 Words: 1441 Agency Theory and Corporate Governance Introduction In 26th February 1995‚ the Barings Bank‚ one of the oldest banks of the United Kingdom was declared bankrupt. Nick Leeson‚ the trader of the bank in Singapore had lost $1.4 billion on derivatives trading while the bank reported capital was only about
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FOUNDATION DEGREE IN TRAVEL & TOURISM MODULE: FTH 104 TRAVEL ‚TOURISM AND HOSPITALITY ENVIRONMENT ESSAY 1.Introduction The tourism‚ travel and hospitality industry is a complicated subject. The situation and the related information will be improved and changed through various issues and diversification of the worlds. Why people wan to go to travel? What motivated people have a trip? Where people want to spend time to visit? What kind of tour routes more popular? What the services and facilities
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Gulliver’s Travels “A Voyage to the Houyhnhnms” Jonathan Swift uses the metaphors of Gulliver‚ Pedro‚ the Houyhnhnms‚ and the Yahoos in “ A Voyage to the Land of the Houyhnhnms” to satirize humans so that they could realize that to be human‚ you cannot go to opposite extremes. Swift has characters to represent man as a complete animal (the Yahoos)‚ as well as characters to represent man as wholly rational being (the Houynhnms). The naïve Gulliver is used to show how man is
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Unfair Dismissal of Agency Workers or Unfair Legislation in the UK for Businesses using Agency Workers? Abstract The contribution encapsulates a legal discussion on the controversial figure of the agency workers‚ from the judicial debate blossomed during the last decade in the British courts‚ as regards their legal characterization‚ until the most recent developments‚ particularly the legislative framework passed in Britain‚ the Agency Workers Regulations. On such footings‚ the investigation focuses
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I think There’s nothing like travel to sort through your life. It’s that time away from the everyday life‚ that gives you the chance to decide what you really wanna do with yourself. And whether you wanna make some major changes or not. It’s not just the time off. Travelling gives you a window into other people’s lives‚ which can lend a fresh perspective on your own. For example‚ on my recent trip to kermanshah province‚ as I visited the shops at a village‚ I saw bakers‚ give and kilim weavers who
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Agency Theory Description Agency theory describes the relationship between principals (shareholders‚ investors and owners) and agents (management). Theoretical discussions in business and academia may be a modern phenomena‚ however the dynamics surrounding agency relationships have been around since the dawn of barter and exchange. Most business relationships are fundamentally agency relationships. In simplistic terms principals have interests and goals to which they have transferred the
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The home-sharing company is entering in the line of the traditional hotels and the lodging as it had stepped in the local travel guide services. The company had launched a tool called Guidebooks‚ which allows the renters of Airbnb to share the information about the local business like bars‚ restaurants and much more. Airbnb is also working to develop an autonomous app which
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Question: Travel is often said to influence travelers by making them more open to other cultures and new ideas. Does travel really broaden the mind? What are some other effects of extended period of travel? Nowadays‚ travelling has become a lifestyle for people‚ and it is expanding fast. In a hectic schedule‚ people are trying to have vacation by travelling. Reasons why people choose travel are because people want to discover new things‚ have recreation far from the hectic schedule. A lot of motives
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Case Study 1: STA Travel Island Table of Contents Background: STA Travel 3 Alternative 1: Second Life 3 Advantages 3 Disadvantages 3 Alternative 2: Pinterest 3 Advantages 3 Disadvantages 3 Alternative 3: Marketing to the Alumni 3 Advantages 3 Disadvantages 3 Background: STA Travel STA Travel was founded in 1979. They have marketed themselves as the world’s largest student travel organization. Since the time they were founded‚ they have grown to include several countries
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Why we travel ? Why do we travel ? As Pico Iyer mentioned in his article “ Why We Travel “ Travelling gives us the advantage of losing all of the stress around; moreover‚ it lets us enjoy a deep break. In addition‚ travelling uncovers the other cultures with a way that hearing or reading about cannot cover. Further more‚ travelling is more about feeling younger and reliving your life‚ it is about taking life slower so you could enjoy every moment in it. Iyer explained in his article how living
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