Corporate law

Corporate finance researchers suggest three theoretical models that can help identify which firm characteristics determine corporate cash holdings decisions. Thus, the corporate cash holding determinants have since been a subject of explanation in the framework of: the trade-off theory, financial hierarchy theory and free cash flow theory. 2.1.1 Trade-Off Theory The literature on trade-off model about cash explicitly applied to companies is usually traced back to Tobin (1956), and Miller and…

Introduction I am a member of a Kappa Alpha Theta at Chapman University, and have recently considered running for a position. With the new slate of officers changing, positions were opening up once again and surprised as I was many of my peers encouraged me to run for a position. Due to studying abroad I couldn’t, however I am still debating whether or not to in the future. However, I am concerned that taking a position will affect my relationship with my peers. Personally I am very reserved…

With very controversial presidential candidate elections underway, a main concern on voter’s minds are taxes and the different ways taxes can be lowered or raised in the United States. Each candidate’s opinion on US taxations have sparked strong debates as the federal government took in a total of $3.035 trillion in revenue during the 2014 fiscal year, and $3.248 trillion in fiscal 2015 thus having a 6.55 percent increase. Although the United States increased their tax plan they also…

Industry change. The major production in both of TCL and Flat-panel TV and TVs could support DVD and digital television screen are shared more and more market share. Clearly, the industry is facing a profound change to the high-technology. Also, networks become the next generation. The distinction between fixed and mobile networks is becoming increasingly blurred. As wireless networks adopt advanced, high-capacity technologies, they are adding video services to voice and internet offerings. This…

Farris vs Glen Alden corporation where it was stated that, “upon the filing of the merger agreement with the appropriate state official, Glen Alden would disappeared and all the property, interest, rights and obligations of Glen Alden would pass by law to list”. Another case that supported this argument is from the state of Missouri in the case of Dodier Realty & Inv. Co. v. St. Louis Nat. Baseball Club,Inc from Supreme Court of Missouri where it was held that…

Analysis for Investment and Corporate Finance. Aswath Damodaran. Chapter 1: This chapter describes the process of valuation and enlightens how it ties into corporate finance, the management of portfolios, and the analysis of acquisitions. Since the value of assets differ, estimates to determine the financial and real value are required. The uncertainty of value for assets is common and a great technique to diminish this is by building better models and creating ranges. In corporate finance,…

Question 1. Ex-ante rationales like market reward cannot explain the meaning of patents system (Kesan, 2015). According to Kesan (2015), there are three economic rationales of ex-post of the patents system. First, patents system creates a basic market for inventors and buyers and make the whole innovation system more efficient. As a matured system, rules about how to apply, how to protect, and how to track these patents already existed. Therefore, when inventors or companies have something…

RICH DAD POOR DAD (book review) I have recently read this book called rich dad poor dad. This book is written by Robert T. Kiyosaki in 1997. This book tells the importance of financial literacy, financial independence, starting or owning a business, investment real estate, building through investing in assets and increasing someone’s financial intelligence. The book is very clearly structured and easy to learn, as we start reading this book,…

Case Analysis: Strategic Outsourcing at Bharti Airtel Limited Submitted by: Bhuvnesh Prakash (PGP/18/188) Group No: 6 Section- D Introduction: Mittal founded Bharti In 1995 with $900 in start-up capital. In 1999, Bharti sold a 20% equity interest to the private equity from Warburg Pincus. In 2000 it went public on the Indian National Stock Exchange, the Mumbai exchange and the Delhi stock exchange, raising $172 million in its IPO. In 2001-2002, it obtained licence for 15 out of India’s 23…

Capital Structure Debt and equity are the principal components of a company’s long term capital and capital structure describes this composition (combination of debt and equity) of the company’s permanent/long term capital. Capital structure is an indicator of how a firm finances its overall operations and growth using the different sources of funds available. It is a mix of long-term debt, short-term debt, common equity and preferred equity. Debt is in the form of bond issues or long-term…