ISSN 1608-7143 OECD JOURNAL ON BUDGETING Volume 5 – No. 3 © OECD 2006 The United Kingdom Private Finance Initiative: The Challenge of Allocating Risk by David Corner∗ Since 1992, the United Kingdom has used a new type of public-private partnership for the delivery of public services: the Private Finance Initiative. In the design of PFI projects, the assessment of risk, and who is best able to manage it, needs to be carefully considered. Using data from government reports and case examples
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Target Outcomes and Measuring Results The most obvious thing a business can do to be successful is to maintain its profitability. Without turning a profit and maintaining cash flow the business would be forced to close its doors. Therefore, financial objectives are one of the most important considerations. With the recent passage of the Affordable Care Act, an insurer can no longer deny coverage for pre-existing conditions. Additionally all members of the public are required to be insured by
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ESSENTIALS of Financial Risk Management Karen A. Horcher John Wiley & Sons, Inc. ESSENTIALS of Financial Risk Management Essentials Series The Essentials Series was created for busy business advisory and corporate professionals. The books in this series were designed so that these busy professionals can quickly acquire knowledge and skills in core business areas. Each book provides need-to-have fundamentals for those professionals who must: Get up to speed quickly, because they
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century, the illicit drug, heroin, has been a part of American society. When heroin was first discovered it was thought to be a wonder drug because of the euphoric feeling a person is said to feel after using it. However, once the debilitating effects of this highly addictive drug was realized the anti-drug law, the Harrison Narcotics Act, was enacted that restricted its use to medicinal purposes only. In 1920, heroin was banned altogether through the Dangerous Drug Act (Habal, 2011). Heroin
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principles. Ceres offered constructive dialogue, people not associated with our business and explaining where they are coming from was extortionately beneficial to us? d. Roundtable - Social and Business problem at the center of the table and creative way to involve all stakeholders to come up with the solution e. Embraced identity as leader as environmental reporting f. Catalysts for change! 1997 – launched Global Reporting Initiative (GRI) with UNEP and Tellus Institute offering first
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ISSN 1608-7143 OECD JOURNAL ON BUDGETING Volume 5 – No. 3 © OECD 2006 The United Kingdom Private Finance Initiative: The Challenge of Allocating Risk by David Corner∗ Since 1992, the United Kingdom has used a new type of public-private partnership for the delivery of public services: the Private Finance Initiative. In the design of PFI projects, the assessment of risk, and who is best able to manage it, needs to be carefully considered. Using data from government reports and case examples
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ISSN: 1577-8517 Risks and Controls in the Implementation of ERP Systems Severin V. Grabski. Michigan State University, U.S.A. grabski@pilot.msu.edu Stewart A. Leech. The University of Melbourne, Australia saleech@unimelb.edu.au Bai Lu. Colonial Mutual Group, Australia blu@colonial.com.au Abstract. The implementation of ERP systems has been problematic for many organizations. Given the many reports of substantial failures, the implementation of packaged ERP software and associated changes in business
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& D3 | 07 | 04 | REFERENCE | 07 | TASK 2.1 Resource Allocation A number of factors inhibit effective resource allocation Overprotection of resources, Too great an emphasis on short-term financial criteria, Organizational politics, Vague strategy targets, A reluctance to take risks, and A lack of sufficient knowledge In Japan, some Japanese manufacturing firms, such as Honda and Toyota, have renewed attention back to the importance of cost reduction.
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To be or not to be: Social Entrepreneurship in Kashmir. “Today that land of Kashmir, under the heels of hardship and misfortune, has become weak, vulnerable and impoverished; A land, which was once known among the wise, as Little Iran.” -Sir M. Iqbal (Armaghan-e-Hijaz-24) The idea of social entrepreneurship in a society as politically unstable and volatile as Kashmir is, however, new. This latent idea has been in hibernation mode for far too long, resulting in regrettable social,
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Enron and others during the 1990s. Although the findings from the research to date are mixed, there is a growing body of research in this area that has lent support to the notion that ethical business practices and corporate social responsibility initiatives have a positive impact on companies in terms of profitability as well as other less quantifiable areas. This review of literature examines these issues systematically to identify current trends and to describe the positive impacts that ethical business
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