Do you think a president could be so old that he lost all of his teeth? Do you think that a president could go into battle and still be alive? Well‚ George Washington had been through all of that. He did received some battle wounds. He even had the guts to take down his father’s prized cherry tree. George Washington was born February 22‚ 1732 in Virginia. His family were farmers. At the age of sixteen‚ George Washington worked as a surveyor for Lord Fairfax. “In July‚ 1752‚ George Washington’s brother
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CORPORATE CONTROL AND FIRM PERFORMANCE: DOES THE TYPE OF OWNERS MATTER? Muhammad Agung Prabowo* Universitas Sebelas Maret‚ Surakarta‚ Indonesia Abstract: The paper extends the ownership study by examining the different types of large shareholders in relation to its impact on organizational outcome in Indonesia using a dataset consisting of 190 non-financial companies listed in Jakarta Stock Exchange in 2002. The study investigates the effect of family ownership‚ foreign blockholder‚ domestic institutional
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C In “Hamlet” by William Shakespeare‚ the main character‚ Hamlet‚ has a tragic flaw that leads to his Downfall. S In the play‚ Hamlet Sr.‚ the former King of Denmark‚ is murdered. His Brother‚ Claudius‚ takes the reigns of King and marries the late king’s wife‚ making him king. The former king’s ghost appears to young Hamlet and asks him to avenge his death. E1 Right after Hamlet and his company see King Hamlet’s ghost‚ Hamlet tells them‚ “Never to speak of this that you have seen‚ swear by my sword”
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In a commercial organisation‚ the board of directors is typically charged with the key responsibility for corporate governance – protecting the rights of shareholders and creditors‚ ensuring contractual obligations and regulatory compliance. In the public sector‚ the elected government is typically responsible for corporate governance‚ and in semi-government and statutory bodies like State Rail‚ Sydney Water‚ the Australian Broadcasting Authority‚ the University of NSW‚ etc – and in not-
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Corporate Finance Efficient Market Hypothesis Report Table of Content I. Introduction Page 3 II. Weak efficiency form Page 3-4 III. Semi-strong efficiency form Page 4-5 IV. Strong efficiency form Page 5-6 V. Implications of the efficient market hypothesis for investors Page 6 VI. Conclusion Page 6 VII. Bibliography Page7 I. Introduction In the book Corporate finance by Denzil Watson and Antony Head (2001)‚ Watson et al refers to a work by Dixon and Holmes (1992) which
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Corporate Social Responsibility in Banks; What does it mean? By Hany Abou-El-Fotouh Chief of Staff CI Capital Holding. Over the past few years‚ a rising emphasis has been placed on companies and financial institutions’ Corporate Social Responsibility. But what does Corporate Social Responsibility (CSR)" mean anyway? This is indeed one of the most frequently asked questions for all those dealing with CSR matters. CSR is also known as corporate responsibility‚ corporate citizenship‚ responsible
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Nevertheless the encouragement of the witches and Lady Macbeth‚ Macbeth is entirely accountable for his downfall. Throughout the play‚ Macbeth‚ Macbeth is a tragic hero who abolishes himself by his own wicked and selfish determinations. At the beginning of the play‚ Macbeth is portrayed as a brave‚ noble hero of Scotland who has fearlessly won the war. As the story progresses‚ Macbeth soon becomes a tyrant king who is willing to kill anyone who becomes a danger to his kingdom. Although Macbeth is
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expenditures and its financing 10 2.5 Important factors influencing the use of debt financing 10 2.5.1 Tax Advantage 10 2.5.2 Corporate Tax Rate 11 2.5.3 Credit rating 11 2.5.4 Interest rate 11 2.5.5 Company’s Industry 12 2.5.6 Company’s growth rate 12 2.5.7 Some other arguments about Harvey Norman 12 2.6 Evidence of financial distress 13 2.7 Optimal Capital Structure 14 3. Dividend Policy 15 3.1 HVN’s Dividend history 15 3.2 Competitors
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you and look up to you. You have all these great characteristics that make people adore you. But what happens when these great characteristics lead to your downfall? It happened both to Achilles and King Arthur. Decisions between fate and free will‚ their ambitions to be the best‚ and their admiral personas mount up and finally crash down on them. Your fate has already been decided for you‚ but what if you could change it? Would you choose to or keep the fate? Achilles was “doomed to a short life
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(1998) 371±403 Corporate governance and board eectiveness Kose John a‚ Lemma W. Senbet a b 1 b‚* Stern School of Business‚ New York University‚ New York‚ NY 10012‚ USA Department of Finance‚ College of Business‚ University of Maryland‚ Tydings Hall‚ College Park‚ MD 20742‚ USA Abstract This paper surveys the empirical and theoretical literature on the mechanisms of corporate governance. We focus on the internal mechanisms of corporate governance (e.g.‚ corporate board of directors)
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