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
HBM consists of five components (Edelman, 2013). * Perceived susceptibility is a person’s perceived risk for contracting an illness or health condition of concern to the researchers. * Perceived severity is a person’s perception of the personal impact (clinical or social) of contracting the illness. * Perceived benefit is a person’s perception of the good things that could happen from undertaking specific behaviors, especially with regard to reducing the threat of the disease.
Words: 1909 - Pages: 8
UNIT OUTLINE Read this document to learn essential details about your unit. It will also help you to get started with your studies. BMA604 Consumer Decision Making Semester 2, 2015 THIS UNIT IS BEING OFFERED IN: HOBART & BY DISTANCE Taught by: Professor Aron O’Cass (Unit Coordinator) CRICOS Provider Code: 00586B BMA604, Consumer Decision Making 2 Contents Contact Details ................................................................................................
Words: 6677 - Pages: 27
focusing on these issues are the New Zealand Business Council for Sustainable Development (NZBCSD) and the Sustainable Business Network (SBN). Waikato Management School is working in partnership with both of these key business groups on sustainability projects and events. The aim of these initiatives is to develop and share insights on sustainable economic development and sustainable enterprise success. The Waikato Management School is distinctive in its commitment ‘to inspire the world with fresh
Words: 35722 - Pages: 143
Expenditure * Public Sector * Power and Energy * Education * Health * Interest * Defense Service * Agriculture | 14 15 15 16 17 17 17 | 05 | Budget Deficit | 20 | 06 | Overview of Fiscal Measure * Personal Income Tax * Surcharge * Corporate Tax * Import Duty and Supplementary Duty * Value Added Tax | 23 23 23 24 25 | 07 | Macroeconomic Target | 27 | 08 | Discussion of
Words: 3820 - Pages: 16
New Insight of Taobao affecting the Etailing in China 1. INTRODUCTION E-retailing is the concept of selling of retail product via electronic platform such as media especially internet. E-retailing is same meaning with business-to-consumer (B2C) transaction model of e-commercial even though E-retailing is an independent business pattern with particular specific components such as trust model, electronic trading process. E-retailing stores are sell online promote for products that can be
Words: 2290 - Pages: 10
generational gap since the old people may not know about the technologies, or they may acquire but lack necessary skills to use them. A gap exists also among the different layers of acquisition of technology, ability to manipulate information, and consumption of information as is apparent with mobile phones. It is therefore essential to have mechanisms that narrow the digital divide by enabling internet access to all areas, and use of technologies equally n communities and in schools for all groups.
Words: 2817 - Pages: 12
UNIT OUTLINE Read this document to learn essential details about your unit. It will also help you to get started with your studies. BMA604 Consumer Decision Making Semester 2, 2015 THIS UNIT IS BEING OFFERED IN: HOBART & BY DISTANCE Taught by: Professor Aron O’Cass (Unit Coordinator) CRICOS Provider Code: 00586B BMA604, Consumer Decision Making 2 Contents Contact Details ..............................................................................................
Words: 6673 - Pages: 27
your essay, project report, dissertation or thesis. Otherwise, you run the risk of being accused of academic misconduct. There are several widely used methods for writing references. The School of Management uses the Harvard system. If you do not use this method properly you will lose marks. What sources of information should I be reading? Before you use any document, you should consider the quality of the information it provides. Articles published in refereed academic journals are the most
Words: 3721 - Pages: 15
Identify three areas of major change your business is faced with. So what are the drivers for change? We have mentioned some of the factors that call for change. Here are others - weak business performance, poor customer satisfaction, high rate of project failure, lack of innovation, rapid technology advances, new business
Words: 3301 - Pages: 14