Entrepreneurial finance assignment 1 Problem 4.4. Introduction The CAPM model can be used to analyze the performance of a portfolio of investments. The model should be calculated by comparing the return of assets (Ri) minus the return of risk-free cash (Rf) of the fund against those numbers of a known index with historical data (Rm). With least-squares regression‚ a straight line has to be drawn through the points to finish the model. Alpha represents the point where the graph starts and
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The Impact of Ownership Structure on the Dividend Policy of Japanese Firms with Free Cash Flow Problem Aristotelis Stouraitis Lingling Wu Department of Economics and Finance City University of Hong Kong September 16‚ 2004 * Contact information: Aristotelis Stouraitis (the author who will attend the conference and present the paper)‚ Tel: (852) 2788 8450‚ Fax: (852)2788 8806‚ Email: efstoura@cityu.edu.hk. Lingling Wu‚ Tel: (852)2788 7393‚ Email: 50004340@student.cityu.edu.hk. Address : Department
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statements and reports: the most appropriate interval of reporting What are businesses made for? Basically‚ businesses are made to earn profits by providing high quality goods and services to the consumers like the public. Different operations are carried out by these entities just to obtain their desired level of income and to establish a good reputation in the industry where they belong. Their earned income and incurred expenses for a certain period are summarized in the form of financial reports and
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What has been the impact of the concentration of media ownership on media diversity? The term ‘concentration of media ownership’ describes the apparent practice whereby gradually fewer organizations or individuals have direct control over ever-increasing shares of the mass media among public consumers; other terms in relation to this are ‘media consolidation’ and ‘media convergence’. The concentration stems from institutions merging to secure a more stable financial status as well as greater corporate
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Influences and characteristics of entrepreneurial behavior Management skill and strong team building abilities are often perceived as essential leadership attributes[3] for successful entrepreneurs. Robert B. Reich considers leadership‚ management ability‚ and team-building as essential qualities of an entrepreneur. This concept has its origins in the work of Richard Cantillon in his Essai sur la Nature du Commerce en (1755) and Jean-Baptiste Say[4] in his Treatise on Political Economy. Psychological
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The Nature of Business and Ownership There are many types of business ownership‚ below is information about four types of businesses that I have researched. Sole trader An example of a sole trader would be Amro‚ a hair salon. It offers beauty services such as haircuts‚ manicures‚ pedicures etc. A “sole trader” business is owned by one single person‚ although it may have a number of employees. There are no legal requirements for setting up as a sole trader and the owner does not even need to
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Co-ownership is where there are multiple individuals with an ownership interest in property. Many people chose to own real estate in some form of co-ownership in other words concurrent. There are three main ways to own real property jointly; first (1) Tenancy in Common‚ if you own property as joint tenants‚ then your ownership rights includes the right of survivorship. This means that when one joint tenant dies‚ their interest in the property automatically goes to the other joint tenant. Second (2)
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The impact of media ownership Media should play its role freely without the influence of any other parties or power. The media suppose to be the agent of change‚ development‚ stability‚ social cohesion‚ a platform for mental or intellectual reformation and its biggest role is as the market for any kind of information. But in reality‚ these roles are not fully applied as the interruption of the media owners inhabits some of its roles. As we all know‚ the owner has the full power towards the media
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Firms did not flourish until the early 20th century. They emerged as an authorized structure and were granted exclusive rights to trade and conduct business in certain markets and products. The fact that firms are a different way to organize economic activities cannot explain explicitly and adequately the reason of firm formation. Many socialists and economists have given their interpretations of the conditions under which firms emerged and developed in certain ways in a specialised exchange economy
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Business Types of Ownership Before starting any venture it is very important to figure out how the organization is going to build its chain of command. Basically no business is made for short time and for this reason a very careful measurement should be done on ownership. Choosing the appropriate ownership in an organisation depends on nature of business‚ type of authority‚ delegation of work‚ span of organization‚ type of product‚ production and operation‚ legal procedure‚ financial matters and
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