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Explain the term StakeHolders
The range of stakeholders may comprise directors/managers, lenders, shareholders, employees suppliers and customers. These groups are probable to share in the wealth and risk generated by a company in different ways and thus conflicts of interest are likely to exist. Conflicts as well exist not just between groups but within stakeholder groups. This might be for the reason that sub groups exist example preference shareholders and equity shareholders. Otherwise it might be that individuals have different preferences for example return and risk, short term and long term returns within a group. Excellent corporate governance is partly about the resolution of such conflicts.
Accounting Framework - Convention of Disclosure The doctrine of disclosure suggested in which all accounting statements should be honest and to that end, full disclosure of al
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Financial Repor ting The process of preparing the corporation's financial statements in accordance with generally accepted accounting principles. The statements prepare
Max Z = 107x1+x2+2x3 Subject to 14x1+x2-6x3+3x4=7 16x1+x2-6x3 3x1-x2-x3 x1,x2,x3,x4 >=0
CORPORATE GOVERNANCE Corporate governance can be stated in different ways, for example: The Private Sector Corporate Governance Trust (PSCGT) defines that corporate governan
complete the balance sheet and sales information using the following data: debt to assets ratio 50% current ratio 1.8x total assets turnover 1.5x day sales outstanding 36.5 days (c
A company has the opportunity to sell an old machine. The machine is fully depreciated to a zero book value but could be sold for $5,000. If the company did not sell the machine, i
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