"Who owns a corporation how do owners control the firm s management what is the main reason that an agency relationship exists in the corporate form of organization what kinds of problems can arise" Essays and Research Papers

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    "What can we do about children’s poverty and inequality‚ and what can be done better?" The aim of this essay is to eloquently discuss what we can do about children’s poverty and inequality and ways in which we can improve some factors. The essay will closely analyze few of the factors to give us a better understanding of ways to improve these factors. Some of these factors are as followed; Impact of social grants‚ Early childhood development(ECD)‚ National Health Insurance and the re-engineering

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    principal-agent relationship is a relationship where an agent makes decisions that affect the principal. Examples of explicit principal-agent relationships are the relationships between a client and a lawyer and between an investor and a money manager. Examples of implicit principal-agent relationships are an employee acting on behalf of its employer and a consumer making decisions‚ such as copying and selling a product‚ that can affect a manufacturer. 2. The asset substitution problem occurs when

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    process changes frequently within their organization to improve performance‚ and outdo their competition. In this memo‚ the pros and cons of frequent organizational changes are first investigated. By going through the effectiveness of adopting specific activities and leadership style in communicating changes‚ we seek to understand employees’ reaction to frequent process changes‚ and how it affects their work performance and attitude towards the organization. This will allow us to understand if employees

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    haunting history has been and even is increasingly to be sources of distrust‚ hatred‚ and thus conflicts in the world. As the 20th century passed away‚ the 21st century has brought us a difficult task as how to deal with our tumultuous past. I hope that the world in the new century would be a world that can be at peace with its past---it would not be mired in the historical grievances‚ but would instead look into possibilities of the future. William Faulkner once said: “The past is never dead‚ it is

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    The importance of corporate governance in organizations With the recent financial crisis‚ companies’ defaults and crushes‚ the importance of corporate governance has risen significantly. Corporate scandals that have impacted companies all over the world have led to the re-examination of the role of corporate governance in their day to day operations. The Organization of Economic Cooperation and Development (OECD‚ April 1999) defines corporate governance as follows: "Corporate governance is the

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    Forms of Control: 1984

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    off from the society that exists today. On the contrary‚ Orwell himself states that this story can be perceived as a “warning” on how society will evolve from a simple one to a more complex one. From beginning to end‚ subtle signs are embedded to forebode the arrival of destructive ideas. One idea in specific is the introduction of new forms of control to watch over the masses. There is a variety of mediums used throughout the story‚ ranging from technological control to linguistic moderation to

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    TYPES AND FORMS OF BUSINESS ORGANIZATION A business organization is frequently referred to as a business entity. A business entity is any business organization that exists as an economic unit. Business entities can be grouped according to the type of business activity they perform. 1. Service companies perform services for a fee. This group includes companies such as accounting firms‚ law firms‚ repair shops‚ and many others. 2. Merchandising companies purchase goods that are ready for

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    In this chapter‚ “What To Do?”‚ Carl Hoffman visits a lot of places in India. In the starting of this chapter‚ he plans to visit Bihar. Bihar was the poorest state in India. Carl Hoffman decided to visit there after coming back Bangladesh. The man who was shocked when he saw that Carl Hoffman was talking bus to Patna‚ I was shocked to while reading it because I know the conditions of the bus while going to Patna was not good. I have never been on a bus in Patna‚ but I have heard a lot about it. The

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    The Agency Cost Problem or Principal-Agent Problem‚ which is believed‚ arises from the separation of ownership and control‚ could be mitigated in many ways. In their paper Jensen and Meckling (1976) mention that if a company fully owned by its managers‚ they will work on maximizing its value. But if a fraction of this equity owned by managers is sold to outsiders‚ the risk borne by them now will have fewer fractions than before. This will be one of the main reasons for management to act on maximizing

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    exercise but they spend time on the computer. This has had effect on their health and can cause problems such as obesity. Another problem is the negative effect on their relationship with their family. Internet access fills most young people’s time‚ and even their leisure time‚ so this is the cause of their disconnection with their family and ultimately can have an effect on their social behavior. A third problem is that not all internet sites are useful. Information is often not accurate and some

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