Joint stock company

With little change in the business world, there has not been an increase in the living standards, and workers are unable to change their job situations as there as job diversities, in the sense that there are fewer companies to choose a job from. In addition to this standstill in the business world, the government is seeing a decrease in the number of funds it can use for fiscal discretion, as a larger part of the budget is being used to take care of the nation’s ageing…

I.Founding Brothers: The Revolutionary Generation. By Joseph J. Ellis (New York: Vintage books 2002) 248 pages. Reviewed by Jasmine Prince, October 12, 2017. II. Joseph J. Ellis born July 18, 1943, is an American historian and professor, all of his work is centered around the founders of the United States. Two of Ellis’ bestsellers are American Sphinx: The Character of Thomas Jefferson (which won a National Book Award) and Founding Brothers: The Revolutionary Generation (which won the Pulitzer…

serious study on capital-structure theory. According to their analysis, they developed the proposition where it shows capital-structure irrelevance. A hypothesis was made fundamentally which states that in perfect markets, what capital structure that a company applies to finance its operations does not matter, while they came up with a theory saying that the earning power and the risk of its underlying assets are what determines the market value of a firm, and that its value has no relationship…

Agency conflict and Agency cost The connection which exist between the firm owners (shareholders) and the firm’s agents, usually the managers is described as agency relationship. In this relationship, principal delegate duties of running the firm businesses to the agents and to work in the best interest of the owners Jensen and Mecking (1976, p.308). Where is the source of this conflict originating? Agency conflict arises among the firm stakeholders (managers and shareholders) due to various…

Resources Allocation Since our major objective is to increase market value, which means greater sales and a higher stock price, our company will adopt an integrated cost leadership/differentiation strategy in the simulation. This strategy will focus on low-end, traditional, and high-end segments, offering customers differentiated products with appealling prices. Based on our objectives, our company will allocate our resources to create a competitive advantage through building economic of scale…

forced an increase of the bank’s stock by applying these goals, and pressuring low-level employees to reach such figures. Yet, when this scheme was exposed, the board remained untouched while branch employees were dismissed. It was only after the inspired intervention of Senator Elizabeth Warren, that CEO John Stumpf was forced to retire. "You squeezed your employees to the breaking point so they would cheat customers and you could drive up the value of your stock and put hundreds of millions of…

Contingent factors that helped and allowed for collusion. One of the most obvious factors facilitating the lysine collusion was the number of the companies operating on this market. As we already told there were only 5 major players on lysine market. The small number of firms allowed them to negotiate and reach to an agreement much easier than if it would be a competitive market with many firms. Furthermore it was easier to coordinate their activities and to adjust their strategies according to…

The article Oak Island's Mysterious Money Pit appeared in the January 1965 Readers Digest pages 136 through 140 condensed from The Rotarian. This interesting article about the mysterious treasure hunt carried out in the island of Oak since 1795 was written by David MacDonald. Oak Island is a 57-hectare island in Lunenburg County on the south shore of Nova Scotia, Canada. Oak Island is noted as the location of the so-called Money Pit and the site of over 200 years of treasure hunting.…

The Current Ratio(A4) for Ford Motor Company is 1.19 as opposed to the 2016 average of 1.20. This ratio shows the liquidity of the company. Whether or not it has the ability to pay long-term and short-term obligations made. The industry average was 1.3, which is higher than what was calculated. All this means that the industry has more current assets than Ford does. Quick ratio(A5) for the company is 0.71 in 2017 and 0.69 in 2016. The company does not have enough liquid current assets to pay its…

Dec. 2015. Own translation. In November of 2015, a new service code was added to the July 2011 tax normative number eight. The service code 15.10 - 05895 was added with a tax rate of 2%. The code is for companies providing services similar to 05877 but specifically payment facilitator companies, or a non-acquiring PSP. The description of the service is: Services which encompass services related to billing, receipts and payments in general, of any securities, of accounts or booklets, of foreign…