Universidad Autónoma de Madrid January 2012 Abstract In this paper we argue that boards of directors lack the mandate, the incentives and the ability to control insiders, especially in jurisdictions where the main agency problem arises between controlling and minority shareholders. We analyze the problems that render independents an inefficient monitoring device for companies with concentrated ownership structures and conclude that the current focus of the regulators and codes of best
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Economic Theory HIGHER SECONDARY- SECOND YEAR Untouchability is a sin· Untouchability is a crime Untouchability is inhuman ·TAMILNADU TEXTBOOK AND EDUCATIONAL SERVICES CORPORATION College Road, Chennai- 600 006. ii CONTENTS Page No 1 Nature and Scope ofEconomics 2 Basic Economic Problems 33 3 Theory of Consumer Behaviour 47 4 Demand and Supply 77 5 Equilibrium Price 103 6 Production 117 7 Cost and Revenue 143 8
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be regarded as a tool to address basic public ends (Dent, 2008). Management should see regulation as a benefit to society. It should engrave a sense of duty to their decision making. There are two types of governance that this paper is going to consider. The first is necessity of internal governance of public corporations. The second is specific industry governance specific to the economics of water. In addressing the internal governance of public corporations, this paper will address a
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disclosures? 1c) Describe on of the differences in financial reporting between a Swiss company and the reporting in another country? Facts: Rob Carpenter senior manager at a prestigious accounting firm, recently transferred to the international division of acquisition and mergers. Mr. Carpenter was recently asked to make a recommendation regarding Nestle. Mr. Carpenter unfamiliar with the accounting in Switzerland has realized substantial differences between Swiss and U.S. accounting standards
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the big difference she felt, when moving from rural Minnesota to New York City. She begins by briefly describing to the reader, how one was expected to behave, where she grew up. Whenever you encountered someone on the road, whether you knew them or not, you should always greet them. If you didn’t, you would be considered both rude and a snob, which was pretty much the worst thing, you could be in that part of rural Minnesota. Therefore, Siri Hustvedt quickly felt the difference between these two
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names like commission, facilitation fee or bribe etc. There is insignificant difference between all these terms. The focus in this paper is on the ethical acceptability of these payments. The term ‘Bribe’ is generally used when money, gift or something of value is offered to any person to perform something which he is not authorised to do. This is considered as unethical and can also be considered as an offence under the law of corruption which makes it illegal in some countries. The other name ‘Facilitation
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Class Test Questions and Answers 1. What is Managerial Economics? What is its relevance to Engineers/Managers? Ans: Study of economic theories, logic and methodology for solving the practical problems of business. It is used to analyze business problems for rational business decisions. It is also called as Business Economics or Economics for firms. Relevance to engineers/Managers: Engineering and Management involves a lot of strategic decision making situations. Managerial economics helps
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landmark reform was passed through two federal statutes enacted in 2010: the Patient Protection and Affordable Care Act (PPACA), signed March 23, 2010, and the Health Care and Education Reconciliation Act of 2010 , which amended the PPACA and became law on March 30, 2010. Future reforms and ideas continue to be proposed, with notable arguments including a single-payer system and a reduction in fee-for-service medical care. The PPACA includes a new agency, the Center for Medicare and Medicaid Innovation
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NAZ ON GAY PRIDE: HAS HOMOSEXUALITY BEEN LEGALISED IN INDIA? Sujoy Chatterjee Student, National Law University, Jodhpur I. INTRODUCTION: HISTORY OF S.377 Sir Fitz-James Stephen, in his treatise on the History of Criminal Law , has opined, “The Indian Penal Code may be described as the criminal law of England…to suit the circumstances of British India.” S.377 of The Indian Penal Code, which proscribes “Unnatural Offences”, is one such import of Victorian standards of morality as prevalent
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speak with the officer informally about his actions in private. Taking this action will make hopefully the officer conscious of his unethical behavior; hence, discontinuing his dishonorable behavior. Although the unscrupulous officer is well known, popular, and politically connected to the department I would disclose the information to a higher authority. The fear of the problems this may cause is far less than the implication the public will have on the department. What are professional implications
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