Do firms really act or should solely act to further shareholders welfare?

Do firms really act or should solely act to further shareholders welfare? Firms may follow or have to follow several other aims. Business firms seek out to achieve a high rate of growth, enjoy a considerable market share, achieve product and technological leadership, encourage employee welfare, additionally customer satisfaction, support education and research, progress community [...]

Maximization of the wealth of equity shareholders

Are there other aims, besides the aim or maximum shareholders wealth, expressing the shareholders viewpoint? Several alternatives have been suggested for this, such as maximization of profit, maximization of earnings per share, maximization of equity which is defined as equity earnings/ net worth. Maximization of profit is not as all-encompassing a goal as maximization of shareholder wealth. [...]

What are the objectives of capital budgeting?

What are the objectives of capital budgeting? Financial theory, in general, rests on the principle that the aim financial management should be to make the most of the present wealth of the firm’s equity shareholders. For a firm whose equity shares are dynamically traded on the stock market, the assets of the equity shareholders is replicated [...]

What is Ecological Analysis ?

What is Ecological Analysis ? In recent years, environmental concerns have assumed a great deal of importance – and rightly so. Ecological analysis should be done particularly for major projects which have significant ecological inference like plants and irrigation schemes, and environmental – polluting industries like bulk drugs, chemicals and leather processing. The key questions raised [...]

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Agile Project Management

Agile Project Management with Scrum (Microsoft Professional)

Agile Project Management with Scrum (Microsoft Professional) is a very good reference book for Project managers for Agile project management written by Ken Schwaber.Ken Schwaber is the co-creator of Scrum. He is one of the leaders of the agile process revolution, as a signatory of the Agile Manifesto and founder and director of the Agile [...]

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