Agency Problems‚ Auditing‚ and the Theory of the Firm: Some Evidence Author(s): Ross L. Watts and Jerold L. Zimmerman Source: Journal of Law and Economics‚ Vol. 26‚ No. 3‚ (Oct.‚ 1983)‚ pp. 613-633 Published by: The University of Chicago Press Stable URL: http://www.jstor.org/stable/725039 Accessed: 29/06/2008 23:14 Your use of the JSTOR archive indicates your acceptance of JSTOR ’s Terms and Conditions of Use‚ available at http://www.jstor.org/page/info/about/policies/terms.jsp. JSTOR ’s Terms and
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CHAPTER 5 The Nature and forms of Commercial Organizations Commercial organizations may be classified into three (3) general classifications: 1. Private individual ownership 2. Public or government ownership 3. Mixed or both government and private ownership 1. Private Individuals Ownership Any form of business ownership may be organized and would have certain advantages and disadvantages which the business organizer must have to evaluate. According to Martinez‚ Abasolo‚ and Carlos
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In emergency situation‚ what are the qualities that would be expected from the leader? In reality‚ as a leader‚ there are many emergency situations you need to face sometime the situation will related to life‚ the teammates survival or not is based on leader actions. No matter what kind of leader such as business leaders‚ class representative‚ uniform team leaders or inspectors etc. Leader always assume to lead his labor or teammate to solve some problems. Generally‚ a leaders will better than
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on the “controllers of the media” would be fun and interesting. But the further I researched into this topic‚ the more I realized how daunting this complex subject was going to be. The real challenge was that the more I researched and understood what the media was about‚ the harder it was to discriminate which ‘media source’ wasn’t intent on simply brainwashing me. What I mean is‚ these books‚ articles‚ columns‚ discussions‚ etc. all have the same thing in common – the conclusion that the media is
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What makes us good citizens? It is hard to answer that question because every person can think about different definition of a good citizen. Many can call themselves good citizens just because they work‚ pay taxes and obey law. But is it enough? Not for everyone. Good citizens do not serve their own interest but rather understand that their deeds affect the world around them. They serve their families‚ friends and others in need without prejudice and selfishness. They care about the condition of
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Quiz’s for Intro to financial management Chapter 1 (Quiz 1) * Question 1 2 out of 2 points | | | A firm created as a separate and distinct legal entity that may be owned by one or more individuals or entities is called a:Answer | | | | | Correct Answer: | corporation. | | | | | * Question 2 2 out of 2 points | | | Paul is the owner of Paul’s Cabinets‚ which is a sole proprietorship. The firm cannot pay its bills because a large customer defaulted on payment
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Final: What Kind of Thinker Are You? HUM/111 August 5‚ 2012 Jennifer Summers‚ ESQ. Final: What Kind of Thinker Are You? What is critical thinking? Critical thinking is that mode of thinking about any subject‚ content‚ or problem in which the thinker improves the quality of his or her thinking by skillfully imposing intellectual standards upon his or her thoughts. (Paul & Elder‚ 2008) The three most significant things I learned about critical thinking are: how to broaden my perspective
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The Current Undergraduate The article‚ “Ask Not What You Can Do For Your University‚ but What Your University Can Do For You”‚ written by the University of California Los Angeles Student WebZine‚ claims that universities are no longer providing education for students‚ but rather running a business. Colleges have turned into a profit seeking institution‚ making decisions based on financial concerns. The article claims that students are customers and education is a purchase. Webzine scolds the students
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What Kind of Thinker are you? Robin Dees HUM/111 March 3‚ 2013 Instructor: Joel Cooper Strategies of Critical Thinking Associate Level Material Stages of Critical Thinking Stages of Critical Thinking Complete the matrix by identifying the six stages of critical thinking‚ describing how to move from each stage to the next‚ and listing obstacles you may face as you move to the next stage of critical thinking. Stages of critical thinking | How to move to the next stage | Obstacles
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in the industry. Even others define it as a pattern of consistent actions in decision-making and lastly there are those with a military view of strategy‚ who consider it a manoeuvre to beat and outsmart the competition (Parthasarthy‚ 2006). By drawing from each of the definitions‚ one could say that strategy and by extension‚ strategic management‚ is constituted of short-term strategies involving managing and planning for the present and long-term decisions and actions‚ made‚ taken and implemented
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