Tài liệu Value Maximisation, Stakeholder Theory, and the Corporate Objective ppt

... husbanding natural resources. The tagline of the article says it quite The Corporate Objective Function 315 # Michael C. Jensen Value Maximisation, Stakeholder Theory, and the Corporate Objective Function Michael ... and Meckling 1992)). 6 Maximising the total market value of the firmÐ that is the sum of the market values of the equity, debt and any o...

Ngày tải lên: 24/01/2014, 04:20

Ngày tải lên: 24/01/2014, 03:20

... calculated within the loop. Outside the loop, the final summation of the even and odd terms is obtained. For a floating-point implementation, the function and the variables sum, suml, and sumh in Figure ... implementation. The length of the prolog section is the longest path from the dependency graph in Figure 8.12. Since the longest path is 8, the length of the...

Ngày tải lên: 14/12/2013, 14:15

... cross-correlating the first signal with the second and then the second signal with the first. The resulting cross-correlation data are decom- posed into two halves, each transformed using a 128-point FFT. The ... the square- wave output of the DCO. The sum and difference frequencies of the two inputs to the phase detector produces an output with a high- and a low-fre...

Ngày tải lên: 14/12/2013, 14:15

... money. On the other hand if the stock outper- forms the market and trades at $15 a share, the option is in -the- money with a $3 potential gain. Consider what happens if the market (or the appropriate ... calcu- late the Black-Scholes value of the underwater options and the 124 PART TWO Elements of the Solution 07_200295_CH07_Delves 8/19/03 2:36 PM Page 124 value...

Ngày tải lên: 21/12/2013, 01:19

... served its purpose. The release process decrements the object’s reference count and recycles the object pointers, thereby freeing the memory that the client required. When the released object’s ... access the remote portion of the DCOM component. Network access by the DCOM object is transparent to the calling client. This network access is handled by the low-level...

Ngày tải lên: 17/01/2014, 09:20

... Then the following result [proved in Phillips (1982e)] summarizes the effect of the standardizing transformations on the model. Theorem 3.3.1 There exist transformations of the variables and ... /T)‘/‘. 0 Theorem 3.3.3 The 2SLS estimators of p* and v* in the standardized model (3.23) are related to the corresponding estimators of p and y in the unstandardized mode...

Ngày tải lên: 25/01/2014, 07:20

... Mach–Zehnders. Therefore for these modu- lators, the usable bandwidth is the full 3-dB bandwidth of the modulator. The other note is that there is no optical power dependence to the Mach–Zehnder ... that the RF modulation starts out at the input end of the modulator such that its peak is aligned with the peak of the CW light feeding the modulator. Due to the difference...

Ngày tải lên: 25/01/2014, 07:20

... Open the two C source files C6xdskinit.c and sine8_intr.c. Open (to add to project) one file at a time; or place the cursor to one of these files, then to the other while holding the Shift key, and ... amplitude value set at 30. Now use the mouse to click on the Slider window and slowly increase the slider position to 31, then 32, and verify that the frequency generated...

Ngày tải lên: 26/01/2014, 07:20

... Verify that the output consists of the 2-kHz carrier signal and two sideband signals. The sideband signals are at the fre- quency of the carrier signal + or - the frequency of the sideband signal, ... at 1600 and 2400 Hz. Load the GEL file AM.gel, increase the variable amp, and verify the baseband signal being modulated. Note that the product of the carrier and...

Ngày tải lên: 26/01/2014, 07:20