Wednesday, December 25, 2019

Ambiguous Concepts Of Insolvency Between Temporary Lack Of...

1. Ambiguous concepts of insolvency between temporary lack of liquidity S588G impose a duty on directors stop a company trading while it is insolvent or would become insolvent. The provision requires directors take any reasonable steps to prevent incurring debts and maintain the maximum abilities to pay the present creditors or protect future creditors. The ultimately objective is to protect the creditors. According to S588G, as long as the directors suspect that the company is insolvent or would become insolvent and fail to prevent a company from insolvent trading, he or she would potentially personal liable for all the debts incurred since insolvency. Under S95A, A company is insolvent if it is unable to pay all its debts when they become due for payment (Hanrahan, 2015). It is difficult for directors to figure out whether the company is temporary lack of liquidity or insolvent. Furthermore, the uncertain local and global economic conditions would make them feel hesitant about whether the decision they make will save the company not. This provision put significantly personal liabilities on directors’ shoulder. Directors special without company share directors would rather to simply give up saving the company by winding up or appointing an administrator than put their personal wealth on risk even though there is a chance to rescue it. One of the objective of appointing an voluntary administration is to put a company into a temporary† safety zone† from its creditors andShow MoreRelatedBanking Concepts and Practices39548 Words   |  159 PagesXITE, Gamharia Banking Concepts Practice [Paper 11: Elective II, Academic Session 2011-12] 1. Evolution of Banking: Bank-Meaning, Definition, Features Classification, Concept of Different Types of Banking System, Overview of Indian Banking System 2. Commercial Bank: Basic Concept of Commercial bank, Role of Commercial bank in Financial System, Credit Control by Central Bank 3. Central Bank: Meaning, Functions, Methods of Credit Control 4. Monetary Policy: Meaning, ObjectivesRead MoreCorporation (Fisch) Outline Penn Law Essay62808 Words   |  252 PagesTable of Contents I.) INTRODUCTORY PRINCIPLES 2 A.) Efficiency and Other Concepts 2 B.) Agency and Partnership Law 2 II.) INTRODUCTION TO THE CORPORATE FORM 16 A.) Formation and Structure 16 B.) Debt, Equity, and Valuation 22 III.) CONTROL OF CORPORATE DECISIONS 32 A.) The Role of the Shareholder 32 B.) Management Obligations 50 1.) Duty of Care 51 2.) Duty of Loyalty 56 3.) Duty of Fairness: Parent-Subsidiary Relationships 63 4.) Duty of Good Faith 64 5.) Management ObligationsRead MoreTestbook Answers112756 Words   |  452 Pagesaspect of dividend irrelevancy--given a dividend policy, the value of the firm is the same whether it is based on dividends or cash flows. A related illustration is given in the outline of clean surplus theory in Section 6.5.1. The only difference between that illustration and this question is that here valuation is as at time 0, whereas in Section 6.5.1 valuation is as at time 1. Copyright  © 2012 Pearson Canada Inc 17 Scott, Financial Accounting Theory, 6th Edition Instructor’s Manual Read MoreManagement Course: Mba−10 General Management215330 Words   |  862 PagesManagement, Fourth Edition I. Management 17 17 2. The Evolution of Management Thought Hughes−Ginnett−Curphy †¢ Leadership, Fifth Edition I. Leadership is a Process, Not a Position 51 51 70 1. Leadership is Everyone’s Business 2. Interaction between the Leader, the Followers the Situation Cohen †¢ Effective Behavior in Organizations, Seventh Edition 11. Leadership: Exerting Influence and Power 94 94 Text Palmer−Dunford−Akin †¢ Managing Organizational Change 2. Images of Managing Change Read MoreCorporate Finance174197 Words   |  697 PagesEnd of Chapter Solutions Corporate Finance 8th edition Ross, Westerfield, and Jaffe Updated 11-21-2006 CHAPTER 1 INTRODUCTION TO CORPORATE FINANCE Answers to Concept Questions 1. In the corporate form of ownership, the shareholders are the owners of the firm. The shareholders elect the directors of the corporation, who in turn appoint the firm’s management. This separation of ownership from control in the corporate form of organization is what causes agency problems to exist. Management may

Tuesday, December 17, 2019

Scientific Method Essay - 1164 Words

Scientific method what comes to mind? Do we start thinking of some type of formal process that will answer all our scientific questions or problems? When I was in school many years ago, we were taught that scientists go through a series of steps to find a solution to a problem or find evidence to support or disprove a theory. It all seemed rather cold, and formal. Going back to school, school has taught me that science has undergone significant changes and has moved away from the rigidity of a fixed series of steps in what was formerly called the scientific method. I think the best way to describe what helps me understand scientific method, is trying to shed some light on the uncertainties through†¦show more content†¦What I have found is that a lot of research on adult learner has been done only performed recently. If we go back to the first half of the twenty first century, organization theory was dominated by classicists who viewed organizations as rational systems and valued efficient operations above all. They promoted the idea that management is a process of planning, organization, command, coordination n, and control and that design of an organization should be like that of a machine. This concept spawned the modern bureaucracy. (Morgan, 1997a) Morgans points out those organizations could be considered cold and dehumanizing, so we are suppose to think of organizations as machines? As we interact everyday with many organizations that are bureaucracies such the schools we attend, the bank we keep our money. Bureaucracies have been a very successful because they work and they ar e efficient. They have been consistence and persisted because this gives the manager control over the people. This concept was ingrained in managers. This theory was scientificly management was developed by Fredrick Taylor during the earlyShow MoreRelatedThe Scientific Method Of Scientific Methods1015 Words   |  5 Pages Research Methods Paper The Scientific method is a procedure that consists of systematic observation measurement, and experiment, and the formulation, testing, and modification of the hypothesis. Scientific methods are what are done to see the outcome of an experiment before they decide to use it on a real human. A Scientific method is a research that helps people to develop good programs that will help in the long run. The Scientific method is a method that is used to figure outRead MoreThe Scientific Method Of Scientific Methods1387 Words   |  6 PagesThe Scientific Method The scientific method has been used for centuries to create a structured and concrete way to study a question. When looking at it from a psychology stand point, the scientific method allows psychologists to formulate a way to study and make sense of human nature and support their â€Å"haunches and plausible sounding theories†(Myers, 2010). Within the scientific method a theory is formed by everyday observations. It predicts behaviors or possible outcomes. Next a hypothesis mustRead MoreScientific Method And Scientific Methods3048 Words   |  13 Pagesknowledge, or interpret and correct past knowledge, is referred to as scientific method. In order to be termed as scientific, a method involved in enquiry is usually based on measurable or empirical evidence (Karl, 2004). This is subject to precise reasoning principles. Scientific method can also be viewed as a procedure or method that has represented the natural science, going back as far as the seventeenth century. The method comprises of observation that is systematic, testing, measurement, formulationRead MoreScientific Method1034 Words   |  5 PagesThe Scientific Method Utilizing The Scientific Method SCI110, Introduction to Science May 1, 2015 The Scientific method is a process that scientists use to solve a problem. It generally involves four distinct steps that constitute the â€Å"Scientific Method†. This paper describes the steps of the scientific method, and its application in a real-world scenario we experienced. Step 1: Formulating a Problem Formulating a problem can range from simple to difficult solutionsRead MoreScientific Method2313 Words   |  10 PagesScientific Method Scientific Method is considered a series of systematic steps and tools that leads to scientific knowledge. These steps allow us to carry out an investigation. Arises as a result of the experience that man has accumulated throughout its history such as the transformation that has been going on in the field of some experimental sciences. It is based on a series of steps and procedures organized for the entire cycle of an investigation. (Makafoosh, 1979) Exploratory research: isRead MoreDarwin And The Scientific Method808 Words   |  4 PagesSummary Darwin and the Scientific Method There has been an apparent disagreement between how Darwin conducted his experimentation and how he publicized his findings to the public. Ayala describes that Darwin follows and inductive approach derived from British philosophers such as John Stuart Mill and Francis Bacon; they believed in making observations without criticizing as to their significance and to gather several of them in order to reach a final conclusion. As Darwin traveled on the H.M.S.Read MoreScientific Method and Steps in Scientific Inquiry664 Words   |  3 PagesScientific Method and Steps in Scientific Inquiry Thomas J. Tophia Jr. BSHS/435 May 26, 2016 Dr. Judith A. Geske Scientific Method and Steps in Scientific Inquiry This paper will define and describe the scientific method and the steps in scientific inquiry. This paper will further explain what the steps are in the scientific method of inquiry or research process and why each of these steps must be included to support the scientific method. Further the paper will briefly discussRead More The Scientific Method Essay1173 Words   |  5 PagesThe Scientific Method is the standardized procedure that scientists are supposed to follow when conducting experiments, in order to try to construct a reliable, consistent, and non-arbitrary representation of our surroundings. To follow the Scientific Method is to stick very tightly to a order of experimentation. First, the scientist must observe the phenomenon of interest. Next, the scientist must propose a hypothesis, or idea in which the experiments will be based around. Then, through repeatedRead MoreThe Steps Of Scientific Method843 Words   |  4 Pages The scientific method is when you have a specific problem and you go through steps to try and solve your problem. The steps of scientific method are develop a theory, check and analyze your theory, explain your hypothesis, and prove your hypothesis. Whether that hypothesis could be wrong, you can still change it. That is the best thing about theories, hypothesis, and the scientific method. An example of the scientific method is my automobile does not crank. I would check for gas because if thereRead MoreThe Method of Scientific Investigation779 Words   |  4 Pages The Method of Scientific Investigation Scientific investigation in my own words is when someone breaks down a problem to find a solution scientifically, but there can be more to it than just investigation a problem scientifically. Thomas Huxley explains scientific investigation in more depth in his â€Å"The Method of Scientific Investigation† essay, what is he trying to say in this passage? It could be many things, it could be nothing or it could be something, we’re basically trying to find out

Monday, December 9, 2019

Project Portfolio By Measuring Management -Myassignmenthelp.Com

Question: Discuss About The Project Portfolio By Measuring Management? Answer: Introducation Portfolio management is science and art strategy for marketing decisions regarding the investment policy and strategies with regard to the investment objectives, balancing the risk in exchange of return and appropriate asset allocation for institutions and individuals; Various strategies are there that can be regarded as relevant if they are properly managed by the investors for increasing their return from portfolio over the time[1]. Apart from that, widely used strategies for active portfolio are the value screening strategy and the market timing strategy. These strategies can help the investors to improve their return[2]. Further, the investors may use the analysis of the financial statement to assess the performance of the stock and build the portfolio with preferable stock. However, using both the strategies mentioned above will assist the investor to improve their return from the active portfolio[3]. However, for passive portfolio both the strategies are not used. Strategies ar e elaborated below Screening strategy 10 stocks have been tracked and developed for screening strategies on the basis of their investment approaches. The screening strategy used by the companies where the relevant valuations are used by the investors for utilizing the information appropriately derived from the stock to improve the return. The screening strategy takes into consideration various factors like dividend income, P/E ratio, return on assets and return on equity, associated risks for evaluating the stock. The strategy also helps to recognize the investment opportunities, standard deviation that is risks of the stock to find out the ways for improve the return. This strategy is popular with the investors as it can assist in creating the appropriate portfolio that will give maximum return with minimum risk. Marketing timing strategy Market timing is the strategy used by investors under which he tries to recognize best times to enter the market and get out of the market depending on the market analysis and forecasts; the market timing is generally used by the financial analysts, brokers and the managers for portfolio for reaping the highest return for their clients[4]. Proper timing requires investors to assess when to enter 100% in the market and when to out 100% from 1 out of 3 classes of assets that are the money markets, bonds and stocks. Further, with the help of marketing strategies the investors can decide regarding the movement of assets from the weights of portfolio. Further, on the basis of expected movement of market and the probability of the return against risk, return can be assessed for each class of assets [5]. Therefore, both the strategies can be directly used for improving the return under active portfolio and constructing an appropriate portfolio. The market timing helps to identify the relevant opportunities associated with investment for increasing the return[6]. On the other hand, the screening strategies are used to recognize overall opportunities exist in the capital market. However, there is no particular strategy that can be used to construct the most appropriate portfolio. Therefore, using both strategies will assist the investors to construct an appropriate portfolio that will assist in getting maximum return with minimum risk[7]. Evaluation and comparison of result with regard to the passive and active portfolio returns Active portfolio Portfolio Return 0.444 -0.227 -0.687 -0.332 -0.445 -0.283 -0.474 Transaction Fees -0.02 -0.02 Net Return 0.424 -0.227 -0.687 -0.332 -0.445 -0.283 -0.494 Portfolio Value 50.00 50.424 50.197 49.510 49.178 48.733 48.450 47.956 Passive portfolio 2011 2012 2013 2014 2015 2016 2017 Investment Return Weighted Return Return Weighted Return Return Weighted Return Return Weighted Return Return Weighted Return Return Weighted Return Return Weighted Return SRI INDEX 25.00 -0.011% -0.003 -2.292% -0.573 -1.434% -0.358 -1.522% -0.381 -0.054% -0.014 -1.118% -0.280 -1.498% -0.374 10 yr. BOND 25.00 -5.144% -1.29 -3.595% -0.90 -3.467% -0.87 -3.848% -0.96 -2.742% -0.69 -2.375% -0.59 -2.659% -0.66 Portfolio Return -1.29 -1.47 -1.23 -1.34 -0.70 -0.87 -1.04 Annual Fees -0.125 -0.125 -0.125 -0.125 -0.125 -0.125 -0.125 Net Portfolio Return -1.41 -1.60 -1.35 -1.47 -0.82 -1.00 -1.16 Portfolio Value 50.00 48.59 46.99 45.64 44.17 43.35 42.35 41.18 From the above analysis it is conclude that the above table reveals that with active portfolio the the value of the portfolio has been reduced from 50 to 47.96. On the contrary, the value of passive portfolio investment has been reduced from 50 to 41.18. Therefore, the reduction in value from passive portfolio is more by 6.78[8]. Analysis based on the theory Under the active portfolio, the investor has the option of covering up the reduction as all the 20 stocks have been selected from SRI stocks[9]. However, under passive portfolio there are no back up stocks for covering up the reduction as 10 stocks have been selected from SRI stocks and 10 stocks have been selected from non-SRI sticks[10]. Thus it is recognized that the relevant theory is required for constructing the efficient portfolio based on the market hypothesis. The SRI index and risk free rate have lower return as per the above calculation. The reason behind this is that the reduction in the screening from the analysis of 10 year bonds and that reduced the portfolios overall portfolio. Further, the losses from the risk free rate and SRI index is higher that reduced the overall value of the portfolio. Therefore, it is assumed that the strategies support the active portfolio that neglects the entire passive portfolio. Reference Aouni, Belaid, Cinzia Colapinto, and Davide La Torre. "Financial portfolio management through the goal programming model: Current state-of-the-art."European Journal of Operational Research234.2 (2014): 536-545. Beringer, Claus, Daniel Jonas, and Alexander Kock. "Behavior of internal stakeholders in project portfolio management and its impact on success."International Journal of Project Management31.6 (2013): 830-846. Chandra, Prasanna.Investment analysis and portfolio management. McGraw-Hill Education, 2017. Jonas, Daniel, Alexander Kock, and Hans Georg Gemnden. "Predicting project portfolio success by measuring management qualitya longitudinal study."IEEE Transactions on Engineering Management60.2 (2013): 215-226. Martinsuo, Miia. "Project portfolio management in practice and in context."International Journal of Project Management31.6 (2013): 794-803. Michalski, Grzegorz. "Portfolio management approach in trade credit decision making."arXiv preprint arXiv:1301.3823(2013). Picard, Robert G., ed.Media product portfolios: Issues in management of multiple products and business. Routledge, 2014. Pinto, Jeffrey K.Project management: achieving competitive advantage. Prentice Hall, 2015. Stettina, Christoph Johann, and Jeannette Hrz. "Agile portfolio management: An empirical perspective on the practice in use."International Journal of Project Management33.1 (2015): 140-152. Teller, Juliane, and Alexander Kock. "An empirical investigation on how portfolio risk management influences project portfolio success."International Journal of Project Management31.6 (2013): 817-829.

Monday, December 2, 2019

Our Writers Favorite Podcasts For Your Listening Pleasure - The Writers For Hire

OUR WRITERS FAVORITE PODCASTS FOR YOUR LISTENING PLEASURE Break up the drive-time monotony with these entertaining alternatives to local FM If you’ve ever spent a lot of time sitting in traffic, you know that local radio can get pretty monotonous. How many times can you listen to â€Å"Meant to Be† before you find yourself wanting to scream, â€Å"Let it go! It is NOT meant to be!† And talk radio? That can be even worse! So, what do you do when you’re stuck in the car on that tedious drive to and from work? What’s the alternative to mind-numbing bubblegum pop or talk-radio arguments? Podcasts! That’s what! We at TWFH have some â€Å"go-to† podcasts that we highly recommend. Here is a list of our personal favorites for your listening pleasure: Incredible True Stories, Told Live This inspiring podcast is brought to you by Flori Meeks. https://themoth.org/podcast The Moth’s mission is to promote the art and craft of storytelling and to honor and celebrate the diversity and commonality of human experience and they’ve done an amazing job at accomplishing that mission! Hollywood's Secret and Forgotten History Keeping to the theme of incredible stories, Stephanie Hashagen has introduced us to â€Å"You Must Remember This,† a fascinating podcast full of stories about the forgotten and/or secret histories of Hollywood’s first century. http://www.youmustrememberthispodcast.com/about/ Re-interpreting History If you’re a history buff, you’ll love the Podcast that Jessica Stautberg has brought to us! http://revisionisthistory.com/ Revisionist History takes stories, people, and events from the past, and re-examines them to see how they may have been misinterpreted or misunderstood. This great podcast will make you question everything you thought you knew about history! True Crime Are you obsessed with true crime? If so, you’ve just found your new obsession, thanks to Kathy Rinchiuso: https://www.truecrimeobsessed.com/ True Crime Obsessed is the go-to for all True Crime related things! The hosts of this podcast have a brilliantly funny way of diving into the latest true crime stories, while still presenting the honest and true facts of real criminal cases. Light-hearted Fun If those other podcasts seem a bit too intense for your drive home, check out Barbara Adams’ pick: Ask Me Another. https://www.npr.org/programs/ask-me-another/?showDate=2018-03-09 This fun and energetic live Podcast from NPR combines comedy, brain teasers, trivia, and music all into one! Who said that a long commute can’t be fun (and funny!)? Learn to Habla As long as you have to be stuck in the car, you might as well use that time to learn a new language! https://radiolingua.com/coffeebreakspanish/ Jennifer Rizzo’s recommendation from Radio Lingua, gives you the opportunity to learn French, Spanish, German, Italian, or Chinese while you drive!  ¿Quà © mà ¡s podrà ­as querer? While these awesome podcasts are sure to make your commute a whole lot more entertaining, they are not only reserved for long car rides. A good podcast can keep you entertained (and informed) any time and any place. Happy listening!