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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to try their best to achieve shareholder’s goal. Due to different interests in shareholders and managers‚ the conflicts always exist between them. An agency problem occurs when the interests of stockholders‚ the board of directors‚ and/or the management of the company are not perfectly aligned or when these entities conflict. EXPLAINATION Agency problem is typically caused by two reasons which are asymmetric information and hidden action. There is no legitimate theoretical or moral objection
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medium which can communicate a massage to a large group often simultaneously. There many types of roles and function of mass media‚ but mass media got types and subtypes of mass media‚ and are as follow :digital media‚ where u will find intents and mobiles‚ broad cast media: radio and television and the last but not least the printed mass media :books‚pamphlets‚newspaper and magazine. The role and function of broad cast media. Let speak of radio as media‚ programs are distributed through radio broad
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3.1 Describe the different types of business that operate within the tourism industry Travel agencies can be categorized briefly into three different types‚ they are include: 1. In bound Tour Operators 2. Outbound Tour Operators 3. Corporate Travel Service Agencies 4. Land operators – Cooperation among travel agencies. For inbound tour operators‚ the customers are mainly tourists and visitors from foreign countries such as USA‚ England and Japan. About the tour operations
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There are numerous strategies women in policing have come up with in order to deal with the harassment and discrimination. In one of the previous article called The Effect of Rank on Police Women Coping with Discrimination and Harassment‚ A number of strategies were named in which helped women deal with harassment and discrimination. One strategy many women used was “straight talk” in which women confronted the men about the harassment and told them to back off (Holdaway and Parler‚ 1998). It worked
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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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What is structure and agency? How does this framework help us in political analysis? For it is part and parcel of daily experience to feel both free and enchained‚ capable of shaping our own future and yet confronted by towering‚ seemingly impersonal constraints. Consequently in facing up to the problem of structure and agency social theorists are not just addressing crucial technical problems in the study of society‚ they are also confronting the most pressing social problem of the human condition
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Policing Functions Kendall Cheney CJA/394 June 4‚ 2013 Eric Crawford Policing Functions Law enforcement in the United States has numerous functions that vary. There are three basic levels of law enforcement‚ local‚ state‚ and federal. These organizations are set up to meet the public’s needs. They do collectively work together to achieve many duties. This common purpose is to protect citizens and enforce the laws passed by legislators at the local‚ state and federal level of government
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0-1225826275544 Travel agency issues On one hand travel agencies can take a great advantage from the internet but on the other hand it is one of their biggest enemies. Because there are so many negative articles about a few travel agencies and people are losing their trust in them. So they are strat planning their own trip not using any agencies. So it is a really hard job to build up a good image about their company especially when they are new in business. The agency has to earn people trust
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My Summary of Evidence-Based Policing With the advantages and disadvantages. Evidence-based Policing Evidence-based policing is the use of the best available research on the outcomes of police work to implement guidelines and evaluate agencies‚ units‚ and officers. With evidence-based policing it is harder to get out of trouble for what you did because there is proof that you was there and did the crime. Evidence-based policing uses research in everyday police procedures to evaluate current
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