the business and corporate law makers. Business environment is being improved leading to the corporate governance framework also builds complete. Vietnam’s CG has been recognized by the world is consistent with the requirements and principles but common CG
Journal of Corporate Finance 11 (2005) 85 – 106 www.elsevier.com/locate/econbase Additions to corporate boards: the effect of gender Kathleen A. Farrell a,*, Philip L. Hersch b a Department of Finance, University of Nebraska-Lincoln, Lincoln, NE 68588-0490, USA b Department of Economics, Wichita State University, USA Received 1 November 2003; accepted 1 December 2003 Available online 20 April 2004 Abstract During the decade of the 1990s the number of women serving on corporate boards increased
Garrett Hardin’s, The Tragedy of the Commons discusses the exploitation of common resources and the inability to solve the problem with technical solutions. Hardin focuses on population and the effect it has and will continue to have on what he refers to as the commons. The exploitation of natural resources or the tragedy of the commons, as he puts it, refers to all resources that are not formally regulated. Such resources include rivers, parks, the atmosphere, energy and so on. Robert Wade and
Role of the Financial Manager Paper Introduction Shareholders own companies and are therefore entitled to a return on their investments when the companies are performing well. It becomes the financial managers ' role to ensure that shareholders are receiving a maximum return on their investment. This project will concentrate on defining the different roles and objectives of financial managers in their attempt to maximize shareholder value. Furthermore, the viewpoint of stockholders will also
Therefore, this paper will analyse the legal, ethical and commercial issues regarding with the removal of FDC’s director, discuss the problem in the procedure of removal directors stipulated in the legislation, and compare other regulations in the common law and civil law countries. Finally, drafts of new mechanism of dismissal directors will be provided in this research to reform Section 203D
FASB Accounting Standards Codification (ASC) 805-20 (Business Combinations – Identifiable Assets and Liabilities, and Any Noncontrolling Interest) is applicable to our company’s transactions regarding the acquisition of ARU since our acquisition meets the definition of a business combination. Per ASC 805-20-05-1, it states this subtopic provides guidance on how the acquirer shall recognize and measure the identifiable assets acquired, liabilities assumed, and noncontrolling interests in the acquiree
What is a merger? Most people would think that it is some sort of combination of two or more companies to be one. A simple synonym describing this noun would be a: combination, fusion, integration, confederacy or even an incorporation. Common small business approach of a merger is to make all work efficient and at a reduced cost to promote new products and services within another venture doing roughly the same ratio of productivity. Within the mergers concept, there is often a term used as discounted
Kong It is a matter of shifting your gaze. “Asia-Pacific accounted for 61% share of global IPOs and 44% share of global IPO proceeds”, according to the Global IPO Trends Q2 2017, surpassing the US and boasting of five out of the top ten most active stock exchanges in the world. The part that is relevant to this article lies between the high dollar lines. The world is witnessing a consistent rise of Asian hubs as crucial financial centers of the world. And Hong Kong is one of its leaders. Besides opening
Background about the IASB The International Accounting Standards Board (IASB) is an independent body which approves and develops International Financial Reporting Standards (IFRS). They work under the oversight of the IFRS. The IASB was formed back in 2001 to replace the International Accounting Standards Committee. (www.iasplus.com,2015) The IASB has complete control over of all the methodical matters concerning the IFRS which includes: • Having complete control developing technical areas which
1. Why should a firm have a capital structure policy, i.e. a target debt ratio? A capital structure policy aims to balance the trade-off between the benefits of debt financing (interest tax shield) and the costs of debt financing (financial distress and agency costs). Every firm should set its target capital structure such that its cost and benefits of leverage ultimately maximise the firm’s value. Graham and Harvey asked 392 firms’ chief financial officers whether they use target debt ratios. Results