Journal of Financial Economics 3 (1976) 305-360. Q North-Holland Publishing Company THEORY OF THE FIRM: MANAGERIAL BEHAVIOR, AGENCY COSTS AND OWNERSHIP STRUCTURE Michael C. JENSEN and William H. MECKLING* University of Rochester, Rochester, NY 14627, U.S.A. Received January 1976, revised version received July 1976 This paper integrates elements from the theory of agency. the theory of property rights and the theory of finance to develop a theory of the ownership structure of the firm
Words: 27266 - Pages: 110
IMPACT OF INTELLECTUAL CAPITAL ON FINANCIAL PERFORMANCE - AN EMPERICAL STUDY ON THE INDIAN BANKING SECTOR. Abstract: Purpose: Present study makes an attempt to examine the impact of intellectual capital on financial performance of firms based on a sample consisting of 12 Indian banking companies which constituted the CNX Banking index of NSE during 2012-13. More specifically, it seeks to examine the impact of the IC represented by VAIC and the value added, on corporate financial performance
Words: 6311 - Pages: 26
acceleration or retardation of setting time, enhanced frost and sulphate resistance, control of strength development, improved workability, and enhanced finishability. Admixtures vary widely in chemical composition, and many perform more than one function. Two basic types of admixtures are available: chemical and mineral. All admixtures to be used in concrete construction should meet specifications; tests should be made to evaluate how the admixture will affect the properties of the concrete to be
Words: 3562 - Pages: 15
| REDUCTION OF IMPACTS OF EXHAUST ESMISSIONS OF DIESEL ENGINEbyHASSAN SHEIKHOLESLAMYSession 2013/2014 | | The project report is prepared for Faculty of Engineering and Technology Multimedia University in partial fulfilment for Bachelor of Engineering (Hons) Mechanical FACULTY OF ENGINEERING AND TECHNOLOGY MULTIMEDIA UNIVERSITY April 2014 The copyright of this report belongs to the author under the terms of the Copyright Act 1987 as qualified by Regulation 4(1) of the Multimedia
Words: 26634 - Pages: 107
PAPER A Different Rationale for Redistribution: Pursuit of Happiness in the European Union John Cullis • John Hudson • Philip Jones Published online: 3 March 2010 Ó Springer Science+Business Media B.V. 2010 Abstract This paper considers the role of redistribution in the light of recent research findings on self reported happiness. The analysis and empirical work reported here tries to relate this to a representative actor ‘homo realitus’ and the ‘pursuit of happiness’ rather than the traditional
Words: 10329 - Pages: 42
RESEARCH PAPER 06/36 19 JUNE 2006 A Political and Economic Introduction to China “If the 20th century ended in 1989, the 21st began in 1978” Martin Jacques, The Guardian, 25 May 2006 China’s political and economic rise and what it means for the world is now a central preoccupation of analysts and policy-makers. Public awareness of China is likely to increase as the 2008 Olympics in Beijing draw near. This Research Paper is intended to act as a resource that Members of Parliament and their
Words: 40320 - Pages: 162
ANRV296-PS58-19 ARI 17 November 2006 1:33 Annu. Rev. Psychol. 2007.58:479-514. Downloaded from arjournals.annualreviews.org by University Of Maryland on 12/11/06. For personal use only. Cross-Cultural Organizational Behavior Michele J. Gelfand,1 Miriam Erez,2 and Zeynep Aycan3 1 Department of Psychology, University of Maryland, College Park, Maryland 20742; email: mgelfand@psyc.umd.edu 2 Technion, Israel Institute of Technology, Technion City, Haifa, Israel 32000; email:
Words: 22630 - Pages: 91
Physical Chemistry Understanding our Chemical World Physical Chemistry Understanding our Chemical World Paul Monk Manchester Metropolitan University, UK Copyright 2004 John Wiley & Sons Ltd, The Atrium, Southern Gate, Chichester, West Sussex PO19 8SQ, England Telephone (+44) 1243 779777 Email (for orders and customer service enquiries): cs-books@wiley.co.uk Visit our Home Page on www.wileyeurope.com or www.wiley.com All Rights Reserved. No part of this publication may be
Words: 233668 - Pages: 935
Engineering and Technology Management Tools and Applications For a listing of recent titles in the Artech House Technology Management and Professional Development Library, turn to the back of this book. Engineering and Technology Management Tools and Applications B. S. Dhillon Artech House Boston • London www.artechhouse.com Library of Congress Cataloging-in-Publication Data Dhillon, B. S. Engineering and technology management tools and applications/B.S. Dhillon. p. cm. — (Artech
Words: 97747 - Pages: 391
REPORT NUMBER ISDPI-BULL-251 PUB DATE EDRS PRICE MF-$0.50 HC-$2.76 69P. CG 000 146 JAN 67 DESCRIPTORS- *ELEMENTARY SCHOOL GUIDANCE, *ELEMENTARY SCHOOL STUDENTS, *ELEMENTARY SCHOOL COUNSELORS, *PROGRAM DEVELOPMENT, COUNSELOR FUNCTIONS, BULLETINS, *GUIDANCE SERVICES, INDIANAPOLIS, INDIANA THE ROLE OF THE ELEMENTARY SCHOOL COUNSELOR AND THE IMPORTANCE OF PROVIDING GUIDANCE SERVICES AT THE ELEMENTARY LEVEL ARE DISCUSSED. THE FUNCTION OF GUIDANCE SERVICES AT THE ELEMENTARY LEVEL IS EXPLORED, WITH
Words: 27930 - Pages: 112