B2 GRAND RAPIDS BUSINESS JOURNAL • APRIL 11,2005 SOX 404 Compliance: Costs Vs. Benefits By Anne Bond Emrich GRAND RAPIDS — For many public companies, compliance with Section 404 of the Sarbanes-Oxley Act has been a timeconsuming and expensive endeavor. Section 404 mandates that public companies evaluate and annually report on the effectiveness of their internal controls over financial reporting and that an independent auditor substantiate the effectiveness. It's intended to strengthen corporate
Words: 1894 - Pages: 8
CHAPTER 6: RISK AVERSION AND CAPITAL ALLOCATION TO RISKY ASSETS PROBLEM SETS 1. (e) 2. (b) A higher borrowing rate is a consequence of the risk of the borrowers’ default. In perfect markets with no additional cost of default, this increment would equal the value of the borrower’s option to default, and the Sharpe measure, with appropriate treatment of the default option, would be the same. However, in reality there are costs to default so that this part of the increment lowers
Words: 3057 - Pages: 13
African Journal of Hospitality, Tourism and Leisure Vol. 4 (1) - (2015) ISSN: 2223-814X Copyright: © 2014 AJHTL - Open Access- Online @ http//: www.ajhtl.com The perceived contribution of South African arts festivals to the performing arts: standardisation of the measurement scale *Dr SC Pretorius Faculty of Human and Social Sciences, Department of History, Politics and Tourism, NorthWest University, Mafikeng Campus, South Africa. E-mail: corne.pretorius@nwu.ac.za, Tel: 018 389 2303, Fax:
Words: 4653 - Pages: 19
Antonie van Leeuwenhoek81: 537–547, 2002. © 2002Kluwer Academic Publishers. Printed in the Netherlands. 537 Antibiotic production by bacterial biocontrol agents Jos M. Raaijmakers ∗ , Maria Vlami & Jorge T. de Souza Department of Plant Sciences, Laboratory of Phytopathology, Wageningen University, Binnenhaven 5, 6709 PG Wageningen, The Netherlands (∗ Author for correspondence) Abstract Interest in biological control of plant pathogens has been stimulated in recent years by trends in agriculture
Words: 8188 - Pages: 33
1 Nitu’s Business School Selection: Riding on an Indifference Curve Nitu Gupta (Nitu), a B. Com graduate from St. Francis College, Hyderabad, found herself in a catch-22 situation once she finished her final examinations. What should be her next step? This was the most pressing question that confronted her with regard to her career choice. To find an appropriate solution to her problem, she attended the career guidance fair organised by her college in September 2008.The fair was conducted
Words: 2542 - Pages: 11
* Question 1 1 out of 1 points | | | You short-sell 200 shares of Tuckerton Trading Co., now selling for $50 per share. What is your maximum possible gain, ignoring transactions cost?Answer | | | | | Selected Answer: | $10,000 | Correct Answer: | $10,000 | Response Feedback: | Tuckerton could go bankrupt, with a share price of $0. You could keep the entire proceeds from the short sale. | | | | | * Question 2 1 out of 1 points | | | Private placements can
Words: 2473 - Pages: 10
CHAPTER ONE INTRODUCTION AND LITERATURE REVIEW 1.1 INTRODUCTION Many cultures throughout the world still rely on indigenous medicinal plants for their primary health care needs (Farnsworth et al., 1985). To date, 25% of modern medicines are derived from plants that have been used by traditional medical practitioners (Cragg and Newman, 2005). It is a fact that traditional systems of medicine have become a topic of global importance. African countries are at a stage where traditional medicine is
Words: 5961 - Pages: 24
consumption whilst taste, nutrition value and price give a positive but not significant effect. However, perceived quality of fast food indicates a negative but non-significant effect on fast food consumption. Keywords: Fast Food consumption, working women 1. Introduction Fast food industry is not only a transformation to the traditional diet, but also a new trend to the landscape, economy, workforce and it has created a popular culture within a short period of time (Schlosser, 2001). Fast food can be identified
Words: 5526 - Pages: 23
A scale critique of impression management by Bolino and TURNLEY (1999) Study 1: pilot study to content validate Study 2: improved scale given to Professionals and then exploratory factor analysis completed Study 3: improved scale given to Managers, then new exploratory factor analysis completed Study 4: final version of the scale given to a new sample of professionals, but this time confirmatory factor analysis was performed. Study 5: Using mgt students, the convergent and Discriminant
Words: 2548 - Pages: 11
S&P, Vickers, company reports) 52-Wk Range $43.43– 35.58 Trailing 12-Month EPS $1.93 Trailing 12-Month P/E 20.5 $10K Invested 5 Yrs Ago $20,900 Price Performance 30-Week Mov. Avg. 12-Mo. Target Price 45 40 35 30 55555 Price $39.61 (as of Nov 1, 2013) 12-Mo. Target Price $44.00 Investment Style Large-Cap Growth Summary The world's largest soft drink company, KO also has a sizable fruit juice business. S&P Oper. EPS 2013E S&P Oper. EPS 2014E P/E on S&P Oper. EPS 2013E Common Shares
Words: 11973 - Pages: 48