'Agency problem' diaporamas de présentation

Rethinking the Structure of Accounting and Auditing

Rethinking the Structure of Accounting and Auditing. Shyam Sunder Yale University Sixth International Conference of IAARF, Kolkata, January 11, 2003. Corporate Governance and the Agency Problem.

843 views • 66 slides

THE ORGANIZATION OF FIRMS ACROSS COUNTRIES June 2008

THE ORGANIZATION OF FIRMS ACROSS COUNTRIES June 2008. Nick Bloom (Stanford, NBER & CEP) Raffaella Sadun (LSE & CEP) John Van Reenen (LSE, NBER & CEP). THE ORGANIZATION OF FIRMS LINKS TO THREE LITERATURES.

779 views • 58 slides

Do Differing Attitudes Towards Risk Contribute to Cooperative Agency Costs of Debt?

Do Differing Attitudes Towards Risk Contribute to Cooperative Agency Costs of Debt?. Getu Hailu Scott Jeffrey Ellen Goddard. Symposium 2004 Cooperative Program in Agricultural Marketing and Business June 2 nd , 2004. Distribution of Non-financial Co-operatives in Canada, 2000. Canada

646 views • 57 slides

B40.2302 Class #11

B40.2302 Class #11. BM6 chapters 12.3, 33, 34 12.3 and non-BM6 material: Agency problems, solutions 33: Mergers, takeovers 34: Corporate control, financial architecture Based on slides created by Matthew Will Modified 11/28/2001 by Jeffrey Wurgler. Principles of Corporate Finance

647 views • 53 slides

Cost of Equity, Control Divergence, and Institutions

Cost of Equity, Control Divergence, and Institutions. Teresa Chu, University of Macau In-Mu Haw, Texas Christian University Lee-Seok Hwang, Seoul National University Woody Wu, Chinese University of Hong Kong. Cost of Equity, Control Divergence, and Institutions. Introduction

724 views • 44 slides

Chapter 2

Chapter 2. Corporate Ownership, Goals, and Governance. Who Owns the Business?. Exhibit 2.1 distinguished between public ownership of commercial enterprises and privately owned companies.

505 views • 41 slides

Corporate Governance: A Review of Current Research

632 views • 40 slides

Chapter One

Chapter One. Introduction to Corporate Finance. Chapter Organisation. 1.1 Corporate Finance and the Financial Manager 1.2 The Statement of Financial Position and Corporate Financial Decisions 1.3 The Corporate Form of Business Organisation 1.4 The Goal of Financial Management

857 views • 38 slides

Chapter 2

Chapter 2. Financial Goals and Corporate Governance. The Goals of Chapter 2. Introduce different types of ownership of firms Discuss the goal of management , and introduce the Shareholder Wealth Maximization Model (SWM) and the Stakeholder Capitalism Model (SCM)

791 views • 37 slides

Introduction To Financial Management

Introduction To Financial Management. Chapter 1. Topics. The basics of corporate financial management decisions and the role of the financial manager The goal of corporate financial management The financial implications of the different forms of business organizations

1.1k views • 34 slides

Introduction to Managerial Finance

Introduction to Managerial Finance. An Overview of Managerial Finance Besley : Chapter 1. Career Opportunities in Finance. Finance consists of three interrelated areas: Financial Markets & Institutions Focus on Macroeconomic Issues Investments

1.25k views • 31 slides

The Theory & Practice of Corporate Governance

The Theory & Practice of Corporate Governance . Chapter No 2. What is a Corporate?.

8.19k views • 31 slides

Chapter 7

Chapter 7. Corporate Restructuring. Corporate Restructuring Activities. Expansions and take over Mergers ? A combination of two firms such that only one survives Horizontal merger Vertical merger Conglomerate merger Consolidations ?

446 views • 27 slides

CORPORATE GOVERNANCE

CORPORATE GOVERNANCE. Prepared by: KHAIRUL FAIRUZ JUMARI @APAI DZUL HILMI MOHD JANI@ZUL KARTIKA HAZNI ISKANDAR@IKA IRWAN AFFENDI MAT @WAN MOHD SYHFULLAH ABD RAZAK@SOY. OUR DISCUSSION. The nature and mechanism of corporate governance The Importance Of Corporate Governance

508 views • 25 slides

Chapter One An overview of Managerial Finance

Chapter One An overview of Managerial Finance. What is Finance Finance is the application of economic principles Finance is the art and science of managing money

407 views • 22 slides

The basic goal: to create stock-holder value Agency relationships:

CHAPTER 1 An Overview of Financial Management. The basic goal: to create stock-holder value Agency relationships: 1. Stockholders versus managers 2. Stockholders versus creditors. What is an agency relationship?.

261 views • 18 slides

Introduction To Corporate Finance

Introduction To Corporate Finance. Key Concepts and Skills. Know the basic types of financial management decisions and the role of the financial manager Know the financial implications of the different forms of business organization Know the goal of financial management

440 views • 17 slides

THE GOALS AND FUNCTIONS OF FINANCIAL MANAGEMENT (Chapter 1)

THE GOALS AND FUNCTIONS OF FINANCIAL MANAGEMENT (Chapter 1). Field of Finance: An Overview Goal of the Firm Agency Problem Business Ethics Forms of Business Organization Globalization Computerization. Field of Finance: An Overview. Financial Management (Insiders).

1.63k views • 16 slides

Implementing Corporate Diversification

By Dwi Joko Pramudito WA Song Young Kang Jay B Barney, Chapter 12. Implementing Corporate Diversification. Agency Cost Organizational Structure Management Control System Compensation Policies. Agency Cost.

534 views • 15 slides

Who benefits from wealth maximization

Who benefits from wealth maximization. Stakeholders: Owners : Shareholder wealth maximization is the dominant goal of the firm, in terms of economic profit (EVA), the reason behind that ethical standard because they are the agents of shareholders and self-interests of managers.

595 views • 2 slides