The purpose of the corporation: Shareholder-value maximization? Finance Working Paper N°. 95/2005 Revised version: February 2006 Petra Joerg Institut für Finanzmanagement‚ Universität Bern Claudio Loderer Institut für Finanzmanagement‚ Universität Bern Lukas Roth The Pennsylvania State University Urs Waelchli Institut für Finanzmanagement‚ Universität Bern © Petra Joerg‚ Claudio Loderer‚ Lukas Roth and Urs Waelchli 2006. All rights reserved. Short sections of text‚ not to
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The brand value chain The majority of companies that still follow the main principles of the industrial economy will face great difficulties in the value economy of the future. When the company defines itself by its products‚ far too many resources will be tied up in the product system. Alarm bells should ring when investment in products‚ services‚ divisions and departments are inflated when compared to a company’s actual market access. Fortunes are spent on developing new products without taking
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The Value of Friendship Most of us have friends and anyone can have one too. But what is friendship? Friendship is the relation of love and affection to people whom you don’t have any blood relation. We all have different definitions of a friend‚ but for me‚ a friend can be defined as a companion that is always there. He will leave all his important works but will never leave you alone‚ especially in your difficult times. A friend loves you unconditionally‚ understands you‚ and always tries to
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| Abstract This document is concerned with the relationship between the financial crisis and fair value accounting. Its purpose is to make an understanding of the strengths and limitations of fair value accounting. The report also gives some examples of fair value accounting measures used in several Australian companies. In this report‚ City Weat Water LTD and JB HI-FI LTD are used to explain that. Introduction With the modern transportation and communication technology development‚ in the industrial
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The CRM Value Chain Francis Buttle‚ PhD‚ FCIM Professor of Management MGSM Macquarie University Sydney NSW 2109 Australia Tel: 02 9850 8987 Fax: 02 9850 9019 Email: francis.buttle@mq.edu.au © Francis Buttle Not to be reproduced in whole or in part without permission 1 The meaning of those three letters‚ CRM‚ is hotly contested. For some‚ CRM is simply a bridge between marketing and IT: CRM is therefore an IT-enabled sales and service function. For others it’s little more than precisely
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Investing in education is the single most effective means of reducing poverty. Girls and boys who learn to read‚ write and count will provide a better future for their families and countries. With improved education‚ so many other areas are positively affected. In short‚ education has the power to make the world a better place. Education is more than reading‚ writing‚ and arithmetic. It is one of the most important investments a country can make in its people and its future and is critical to reducing
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Designing a Value Proposition Sanna Choudhary sannakc@gmail.com School of Electrical Engineering and Computer Sciences National University of Sciences and Technology Agenda • • • • • What is a value proposition? Examples Dimensions of value Design Process Key Takeaways A value proposition is a statement of the unique benefits delivered by your offering to the target customer A value proposition is a hypothesis that your offering will bring certain values to a target
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REVIEW OF GLOBAL VALUE CHAIN I. Systems view of world order and relations Three concrete systems stand out: 1. Mini system 2. World empire( make the world similar) 3. World economies ( feel the influence of some economy around) Ex: There is a German university in Vietnam The system consists of a single division of labor within one world market but contains many states and cultures. Core states concentrate on high skill‚ capital- intensive production (not use much labor but machine). They are
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Value Creation and Business Success by Paul O ’Malley from The Systems Thinker‚ Vol. 9‚ No. 2 Copyright © 1998 Pegasus Communications‚ Inc. (www.pegasuscom.com). All rights reserved. No part of this article may be reproduced or transmitted in any form or by any means‚ electronic or mechanical‚ including photocopying and recording‚ without written permission from Pegasus Communications‚ Inc. If you wish to distribute copies of this article‚ please contact our Permissions Department at 781-398-9700
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32 Attitudes and values in Chinese manufacturing companies A comparison with Japanese‚ South Korean and Hong Kong companies Ruth Alas Estonian Business School‚ Tallinn‚ Estonia Abstract Purpose – The purpose of this paper is to investigate employee values and work-related attitudes in Chinese manufacturing companies in comparison with values and attitudes in Japan‚ South Korea and Hong Kong. Design/methodology/approach – The paper will investigate employee values at the societal level
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