machine), or via a videoconference enabled bank branch clarification. * Frauds and deceptions have been the bane of banking and finance down the ages. Advent of computers have not only made novel ways of fraud possible, but also made the consequence of such frauds – the quantum of potential loss astronomical. The banks are susceptible to frauds both from external as well as internal sources. In a white paper title “Dissecting Operation High Roller”3 McAfee and Guardian Analytics have indicated
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International Journal of Business and Management; Vol. 10, No. 1; 2015 ISSN 1833-3850 E-ISSN 1833-8119 Published by Canadian Center of Science and Education The Agency Problem: Measures for Its Overcoming Meri Boshkoska1 1 Faculty Economics-Prilep, Republic of Macedonia Correspondence: Meri Boshkoska, Faculty of Economics-Prilep, Republic of Macedonia. E-mail: meribb@yahoo.com Received: September 19, 2014 Accepted: November 4, 2014 Online Published: December 20, 2014 doi:10
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An Improved Pedagogy of Corporate Finance: a Constrained Shareholder Wealth Maximization Goal by Michael R. Santos , Gina Vega , John T. Barkoulas INTRODUCTION Bloom's taxonomy (1956) has guided pedagogical structure and innovation for half a century in the United States, and its focus on developmental learning remains relevant and instructive for us. The six developmental levels (knowledge, understanding, application, analysis, synthesis, and evaluation) separate basic knowledge acquisition
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of the company did not share the environment objectives, and this also resulted in ineffective implementation of the objectives. A lack of conformity among employees meant a lack of co-operation in achieving the objectives. This changed with the takeover in 2001 and the creation of a new company, Greenheart Plus, which focused on increasing sales rather than pursuing environment policies. The decision-making process changed to become one of consensus. From a sociological perspective, this is more
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market that would otherwise be difficult to enter. Mismanaged overexpansion policy in conjunction with other ineffective marketing, financial decisions, or operating procedures effect the new company negatively because they most likely have financial obligations carried over from the acquisition. Every negative development affects the company compounded in financial aspects. This condition can lead to technical insolvency and indicates the inability of the company to fulfill their liabilities in
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ABSTRACT Recent reports on banking sector often indicate that India is slowly but surely moving from a regime of `large number of small banks' to `small number of large banks'. The aim of this paper is to probe into the various motivations for mergers and acquisitions in the Indian Banking sector. Thus, literature is reviewed to look into the various motivations behind a banks’ merger/ acquisition event. The paper also takes us through the international mergers & acquisitions scenario comparing
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Global Mining (GM) is at a crossroads. They are aware that their Australian mine sites are unproductive and holding the company back in terms of profitability. High costs and low output are diluting the company’s overall financial performance and making them a target for takeover. A decision has been made to focus on improving the productivity of these sites rather than sell them off with the directors committing to providing HR strategy linked in with the organisational goals. It is clear from
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should act on the basis of any statement contained herein without seeking professional advice. The authors and the firm expressly disclaim all and any liability to any person who has read this research paper, or otherwise, in respect of anything, consequences by any such and of of anything in February 1, 2010 done, or omitted to be done person reliance upon the contents of this research paper. Nishith Desai Associates www.nishithdesai.com TABLE OF CONTENTS I. II. Introduction ........
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Law and Succession and Estate Planning. Our specialized industry niches include financial services, IT and telecom, education, pharma and life sciences, media and entertainment, real estate and infrastructure. Nishith Desai Associates has been ranked as the Most Innovative Indian Law Firm (2014) and the Second Most Innovative Asia - Pacific Law Firm (2014) at the Innovative Lawyers Asia-Pacific Awards by the Financial Times - RSG Consulting. IFLR1000 has ranked Nishith Desai Associates in Tier
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acquisition strategy or re-organizing its corporate structure with either an updated capital structure or converting to a real estate income trust. The last part of this paper will conclude with several remarks and recommendations for the Chief Financial Officer of Northampton Group Inc., Mr. Patel. These final analyses will undertake in maximizing NGI’s shareholder value. Corporate Mission Northampton’s goal is to be recognized as the best mid-market hotel owner and operator in Canada
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