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Essay / Research Paper Abstract
A 14 page paper evaluating the mechanisms underlying shifting public attitudes toward sexuality, globalization, drug and alcohol use, and marriage. Too often, we allow our attitudes to be shaped by movies, news items and bored celebrities who have too little of consequence to do with their time and are too shallow to seek out worthy pursuits from which we could all benefit. Hollywood and journalists often exploit marginal aspects of society, making aberrations appear more common than they truly are. The visibility, however, works to diminish the shock value of the real-life occurrences and contributes to their becoming more common. Bibliography lists approximately 10 sources.
Page Count:
14 pages (~225 words per page)
File: D0_Changes.rtf
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of International Corporate Finance Introduction The intricacies of the corporate world are every
bit as convoluted, in fact they often seemingly more so, than the machinations of the federal government. The strategies, manipulation, and organizational structures of todays most sophisticated corporations requires
a focus and performance that mirrors the precision of a military campaign, the audacity of a political race, and the enthusiasm of a SuperBowl game.
Specific questions regarding corporate functions, environment and strategies are asked and followed up with a variety of subcategory questions and qualifiers throughout the report.
CONCEPTS OF AGENCY THEORY, CORPORATE GOVERNANCE, MAXIMIZATION OF SHAREHOLDER WEALTH WITH CORPORATE MANAGEMENT AND POLICY Agency Theory
"Agency theory," is the concept that deals with the incentive problems that arise in corporations due to the separation of ownership and control. The relationship between shareholders (principals) and
management (agents) is viewed as a contract in which the agents actions are conditioned by incentive structures incorporated into the contract. When the interests of managers and shareholders diverge, managers
are assumed to act in ways that enhance their personal well-being at the expense of shareholders (Fama and Jensen 1983). Those business
professionals who focus on agency theory are concerned with identifying structural mechanisms and monitoring devices that reduce opportunistic behavior and thus prevent the negative consequences of these actions on shareholders.
In other words, they fulfill something of a "watch-dog" role to serve in the best interest to the company and its owners. Within this framework, the board of directors
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