The Impact of two agency problems on the cost of capital Tung-Hsiao Yang* Current Version: September 10‚ 2008 * Assistant Professor of Finance‚ National Chung Hsing University‚ Department of Finance‚ No. 250‚ Kuo Kuang Rd.‚ Taichung 40227‚ Taiwan‚ tyang1@nchu.edu.tw. The author thanks National Science Council for financial support in this project‚ NSC96-2416-H-005-026. The Impact of two agency problems on the cost of capital Abstract We test the relation between the cost of capital
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quest for alternatives to incarcerating offenders in jails and prisons. 2. Describe three alternatives to incarceration that juvenile courts currently use. 3. Discuss the significant and societal and individual benefits of imposing sanctions or punishments that do not involve removing an offender from his/her family or community. Strayer University Historical and Economic reasons In the early 1920’s and 1930’s instead of placing a juvenile offender into custody the patrol officer would either return
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Alternatives to Incarceration….Drug Courts There is no doubt that the United States suffers from an increase in crime and more people than ever being incarcerated. The numbers are currently overwhelming. “A nonpartisan organization called The Pew Center on the States‚ released a study February 2008 that found the U.S. imprisoned both more people and a larger percentage of its adult population than any other country. According to the study‚ by The Pew Center 2.32 million people were currently
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Impact of New Media in Music Industry Introduction In the recent years‚ there have been changes in the structure of the Music industry and the paths that have been used for creating‚ promoting and distributing music. Most of these changes resulted from the advancements in technology‚ which affected both economic and technological structures of the industry. The digitization of music and its migration on to the Internet has been one of the biggest challenges to the traditional music industry. Ever
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Valley Forge: Would You Have Quit? The Continental Army was in the control of George Washington. General Washington was brilliant in devising plans and attacks. However to make General Washington’s plans and attacks successful he needed men. Not just any men‚ he needed men that were loyal‚ brave‚ and willing to fight. But these men were a lot more difficult to find than you’d think. Quitting would be sensible if you didn’t want to risk your life at Valley Forge. But General Washington needed men
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Transfer Pricing In India 1 Transfer Pricing 2 a) What is transfer pricing? 2 2 Transfer Pricing in India 3 a) Definition 3 b) Associated enterprises 4 c) International transactions 4 d) Arm’s length transaction 4 1. Comparable uncontrolled price method 4 2. Resale price method 5 3. Cost plus method 5 4. Profit split method 6 5. Transactional net margin method (TNMM) 6 6. Any other method prescribed by the board 6 e) Maintaining Documentation 6
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that they didn’t want one person to hold too much power‚ so they separated the power among three different branches. To make sure that no single branch became too powerful‚ they put rules in place to allow the other two branches to keep it in check. The first branch of government is the Legislative Branch‚ which consists of the House and the Senate. This branch can do a lot of things like having ideas for new laws‚ being able to declare war‚ control taxing and spending policies‚ and they also control
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decisions within each of the three branches of government. This is extremely effective because many people with education and a different point of view can discuss and make decisions together instead of having one man to have complete power of the government and make decisions as he pleases. For example‚ if one of the branches wants to war and the other two branches believe that is not a good idea‚ they can overrule that decision and not go to war. In addition to that three branches of government‚ each
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justice system. The United States Constitution The U.S. Government separates the power to rule into three equal‚ but distinct branches: (Judicial‚ Executive‚ and Legislative). All three branches carry out diverse functions‚ duties‚ and responsibilities. They assist and help keep the other in check. Each branch was formed in order to ensure each aspect of the government is balanced and has an effective impact on all 50 states. In one form or another order must be maintained and distributed
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Ethics‚ Costs of Absenteeism & Impact of Policies in the Workplace Tracie V. Johnson Globe University Ethics‚ Costs of Absenteeism & Impact of Policies in the Workplace Overview Company policies are intended to be a benefit to the employee‚ actually give a means for the employee to use it unethically and hurt the financial security of the business. For example‚ at Wisconsin Physicians Service‚ there is an employee benefit of short-term disability that is also incorporated into an occurrences
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