Necessity Differentiate between a positive and normative accounting theory * Positive Theory seeks to explain and predict particular phenomena * Focuses on relationships between various individuals and how accounting is used to assist in the functioning of these relationships * Normative Theory prescribe how a particular practice should be undertaken Identify the origins of Positive Accounting Theory (PAT) * Assumption: All individual action is driven by self-interest
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The Leadership Quarterly 12 (2001) 133 ± 152 Leadership, values, and subordinate self-concepts Robert G. Lorda,*, Douglas J. Brownb a Department of Psychology, University of Akron, Akron, OH 44325-4301, USA b University of Waterloo, Waterloo, Ontario, Canada Abstract This article discusses two means by which leaders can impact on subordinate self-regulatory processes Ð making particular patterns of values salient and activating specific subordinate selfconcepts. Research indicating compatible
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A Study on Leverage and Firm Investment: Chinese Evidence Master of Science Thesis Huijie Bao Program Economics of Innovation and Growth Royal Institute of Technology (KTH) June 2010 Supervisor: Börje Johansson ABSTRACT This thesis focuses on the relationship between financial leverage and investment in Chinese listed firms. There are two novel aspects embraced here. One is choosing a marginal version of Tobin’s q instead of average q with Chinese data. Another one is taking the financial
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Ans 6 A wage is remuneration paid by an employer to an employee. It may be calculated as a fixed task based amount, or at an hourly rate, or based on an easily measured quantity of work done. It is contrasted with salaried work, which is based on a fixed time period. Depending on the structure and traditions of different economies around the world, wage rates will be influenced by market forces (supply and demand), legislation, and tradition. Market forces are perhaps more dominant in the United
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1) An Evaluation of Client Objectives and Constraints for the South Carolina State Pension Fund South Carolina State Pension Fund’s key objectives can be summarised below: Provide an asset pool sufficient to meet the long-term pensions and benefits liabilities Achieve a certain rate of return on the current pension assets for a given level of risk As a government pension plan, the fund has some understandable constraints, which are: Need to invest in mature and stable large companies
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origin theories, control theories, explores the causes of deviance from an altogether different perspective. Control theories take for granted the existence of a cohesive set of norms shared by most persons in the society and reason that most persons want to and will typically conform to these prevailing social norms. The emphasis in these theories, unlike learning theories, is on the factors that bond individuals to conforming lifestyles. The bonds act as social and psychological constraints on the
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consider when looking at changes in demand. * Consumer choice is a theory in microeconomics that connects preferences for goods and services to consumption expenditures and, therefore, consumer demand curves. TERMS * budget constraint The condition that constrains expenditure to income (for a person) or the value of exports to imports (for a state) Full text Consumer Preferences Consumer choice is a microeconomic theory connecting preferences for consumption goods and services to consumption
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Meditations on First Philosophy 1. Reconstruct the 3 stages of doubt as motivated by Descartes’s epistemological constraint? Descartes’ epistemological constraint is “if I know that P then that P cannot be doubted.” According to Descartes “undermining the foundations will cause whatever has been built upon them to crumble of its own accord (pg.14)” which is a big part of Descartes’ beliefs. This method leads to the first stage of doubt which is the fallinist argument, the argument against the
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Prison Gangs Through the Lens of Tuckman’s Theory of Group Formation Money, narcotics, and protection, what more could a prisoner ask for? If that question is ever solved then the answer to the prison gang epidemic may be found. Prison gangs, by nature, are a group just like any other, and thus go through the same group formation process as any other group. A key part of this process is adjourning, the stage where group members are satisfied with the group and leave. However, the adjourning stage
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Travelling salesman problem. Replacement Introduction, Replacement of items that deteriorate with time – value of money unchanging and changing, Replacement of items that fail completely. Queuing Models M.M.1 & M.M.S. system cost considerations. Theory of games introduction, Two-person zero-sum games, The Maximum –Minimax principle, Games without saddle points – Mixed Strategies, 2 x n and m x 2 Games – Graphical solutions, Dominance property, Use of L.P. to games, Algebraic solutions to rectangular
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