Answer Sheet for Financial Management Subject code – B-103 Section A: Objective Type & Short Questions (30 marks) Part one: Multiple choices: 1. D - Ignored Routine Problems. 2. C - Redeemable Preference Shares. 3. A - Political Risk. 4. A - Future Cost 5. C - Designing optimal corporate capital structure. 6. B - Firms point. 7. D - Agency costs 8. A - Legal Requirement. 9. B - Default Risk. 10. A - Beta. Part two: 1. Wealth maximization is a modern
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Arabia is now considered as a growing economy which is trying to diversify its exports, mainly based on oil and natural gas, by framing and revising its legal and regulatory environment in order to foster entrepreneurship activities and the private sector interest. It leads to growing concern about the role of women in the economic environment, with legal and ethical consideration of the women’s role in the existing socio-cultural make-up of the country. The way in which countries like Saudi Arabia,
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Different countries have different output despite whether the accountant follow a set of rules. This is because, even though accountant follows a set of rules, there are still possibilities that the set of rules does not covers every aspects in detail. This had led to room for professional judgements. It will be based on accountant’s judgement. The differences is not only between countries but it could differ within the country as well especially for Multinational enterprises (MNEs) it could be complicated
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accounting and audit failures associated with Enron and Arthur Andersen happen in the US where auditing is sophisticated, accounting principles are strong, and disclosure is emphasized? This is a teaching case for persons outside the US to review the financial reporting and auditing issues related to Enron and to explain the regulation of accounting and auditing in the US. It has broad implications for corporate governance and accounting regulation in other countries as well. n the years after the Enron
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Is Globalization undermining State Sovereignty? There has been much debate about whether globalization is undermining state sovereignty in the study of world politics today. This is due to the fact that the term ‘globalization’ itself is rather subjective and broad. There are two rather distinct arguments used in this debate. Hyperglobalists, such as Ohmae1 and Scholte2, hold a pessimistic view and argues that globalization brings about the demise of the sovereign nation state: global
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international HRM practices for enhanced performance. We also present useful propositions for guiding future empirical research and theory development on the interaction between globalization and different forms of local institutional forces, which in turn influence the formation of successful international HRM practices. © 2011 Wiley Periodicals, Inc. Int r o d u c t i o n N otwithstanding the current worldwide economic crisis, the globalization of business is increasing at an unprecedented rate, and
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versus Environmental Financial Accounting (EFA): If so, what is the significance of knowing the better accounting method to use when identifying environmental cost? It has become indispensable for companies to increase their responsibility regarding all facets of the environment and to acclimatize existing practices to cause limited environmental impairment; more especially at this present time when stakeholders linger ‘bitterly’ about how corporate failure have influence organization’s environmental
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Securities Corporation ensures that the firm is operating within all laws, rules and regulations. The department is responsible for monitoring sales to ensure that it complies with FINRA and SEC regulations. Compliance officers have the ability to reduce legal problems and improve public relations. Compliance department is very important in a brokerage firm because it builds the firm's integrity and reputation. Objective: The objective of this report is to explain how the compliance department operates
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Corporate Governance This article discusses several theories, practices, themes and barriers in order to raise issues that might move corporate governance research forward, while at the same time providing a way to showcase cutting-edge research models and theories. Corporate governance mechanisms provide shareholders some assurance that managers will strive to achieve outcomes that are in the shareholders’ interests. Shareholders have both internal and external governance mechanisms to help bring
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Financial Regulation Banking and Financial Institutions Act, 1989 (BAFIA) is one of the financial regulation The Banking and Financial Institutions Act, 1989 (BAFIA) was passed in Parliament and came into force on October 1, 1989. The BAFIA has effectively replaced the Banking Act 1973 and the Finance Companies Act 1969. The Islamic Banking Act 1983, however, is not affected. The BAFIA is a comprehensive act and extends comprehensive powers to Bank Negara Malaysia (BNM) to supervise a larger spectrum
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