I partially agree with the statement that managers have a severely limited amount of discretion to pursue actions inconsistent with shareholder wealth maximization. By investing in a company, shareholders aim to maximize their wealth and achieve portfolio diversification. The objective of managers is assumed to be to further these interests by maximizing the firm’s share value. This can be achieved by taking on projects with […]

Agency employment is where a person is employed as a contract or temporary worker to fill a position in a host company. The agency is the worker’s actual employer and is responsible for payroll and taxes, superannuation, recruitment/dismissal/discipline, workers’ compensation. The host company is responsible for direction of tasks or jobs to be undertaken and determining the work available for the temporary worker on site. […]

The Missile Defense Agency is an organization known for it’s selectiveness in choosing candidates to work for them. Knowing this, I am submitting my resume in hopes of becoming a part of the MDA team at the Department of Defense. National security is an issue that every American must be concerned about in this era, and in my case I have prepared through my education […]

INTRODUCTION The hospitality and tourism industry is one of the most flourishing industries in the world; thus, almost every country relies on the industry. The income that a country gains from the industry is almost half of its gross national product. However, for developed countries, such as the United Kingdom, promoting hospitality and tourism is not a problem since they are already known and well-established […]

Few things go as well together as fish and chips, mint and lemon, or brunch and Fridays, but when it comes to your , you can probably count on a couple of fingers just how many truly great and satisfying relationships your firm has garnered over the years. One great relationship all power brands have in common is the client-agency relationship. But in the Middle […]

Introduction The economic crisis of recent years has lead to a heightened focus on tackling financial criminality, also known as ‘white collar crime’. According to D.Leigh and R.Evans, “Ministers are publicly committed to merging the Serious Fraud Office, plus part of the Financial Services Agency … into one large economic crime agency that would tackle bribery, fraud and insider trading.” This essay will critically examine […]

Multi-agency working and integrated working are extremely important as it benefits the child, their family and the practitioners in a huge way. Definitions of these ways of working are below. Multi-agency Working – This is where practitioners from different services and professions come together to provide integrated support for children and families with additional needs. Integrated Working – this is where different services, agencies, professional […]

The genius of public corporations teems from their capacity to allow efficient sharing or spreading of risk among many investors, who appoint a professional manager run the company on the behalf of shareholders. However, the public corporation has a key weakness – namely, the conflicts of Interest between managers and shareholders. The separation of the company ownership and control, which Is especially prevalent where corporate […]

PR agencies come in all shapes and sizes, and they don’t come cheap! It is definitely not a case of one size fits all when it comes to PR firms. So, finding the right PR firm to match your expectations, fit your culture and, most importantly, accomplish the PR objectives that will move your business forward, can be quite a task. Related:  Many companies I have […]

Launching an area for discussion without proper understanding of the vital issues involved is like embarking on a field without the suitable apparatus. The subject under consideration, corporate governance, should be studied with the following considerations at hand: 1. The right understanding of the commonly shared connotation or definition of term/s being used; 2. The right view of how distinctive countries try to safeguard and […]