tag:blogger.com,1999:blog-5823742962601787271.post3986828358466014774..comments2023-08-26T08:25:52.980-07:00Comments on Austrian School of Economics Blog by Damon Douglas: Absolute ValueAnonymoushttp://www.blogger.com/profile/12212114149947754469noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-5823742962601787271.post-82575001856901913732011-08-01T03:38:18.129-07:002011-08-01T03:38:18.129-07:00Absolute Value <--- that's what i was looki...Absolute Value <--- that's what i was looking forFinance Dissertationhttp://www.mastersdissertation.co.uk/dissertation_articles/finance_dissertation.htmnoreply@blogger.comtag:blogger.com,1999:blog-5823742962601787271.post-8678877175220056132011-04-29T03:48:30.013-07:002011-04-29T03:48:30.013-07:00Absolute Value <-- that's what i was looki...Absolute Value <-- that's what i was looking for<a href="http://www.mastersdissertation.co.uk/dissertation_articles/finance_dissertation.htm" rel="nofollow">Finance Dissertation Topics</a>Finance Dissertationhttp://www.mastersdissertation.co.uk/dissertation_articles/finance_dissertation.htmnoreply@blogger.comtag:blogger.com,1999:blog-5823742962601787271.post-33496863302551253982009-10-14T08:58:48.804-07:002009-10-14T08:58:48.804-07:00Very interesting topic of absolute value. Indeed, ...Very interesting topic of absolute value. Indeed, every firm advocates maximizing the shareholder value by acting the best interests for shareholders, so shareholders delegate managers to perform for them, this is we called the agency relationship. The agency theory attempts to deal with two areas, first, is that the goals of the principal and agent are not in conflict (agency problem); second, the principal and agent reconcile different tolerances for risk. However, this is very difficult to balance between shareholders and mangers, as conflict interests between the shareholders and mangers always exist, as shareholders more often likely focus in pursuing their short term returns rather than long-term rewards, however, to achieve such gains, it makes that most managers are tempted to boost up earnings or deflate costs by manipulating accounting in many ways, accounting policy is one of the loopholes for managers to manipulate their accounting. By inflating earnings or deflating costs can temporarily achieve the short term earnings while this scarifies firm’s long-term rewards. I do agree you said, “Such individuals value the job rather than the product or service. They tend to be less collaborative and less willing to innovate in ways that might fear the security of their job.” It is a typical way for most employees, particular for those who have adapted the old way to do their jobs, they fear to lose their jobs and refuse to innovate or change which is a barrier and hurt company’s development and interests. If customers are rationale, agency problem may be, to some extent, reduced to minimum. Maximizing customer value is always a one way for managers to tend to be more aggressive and please their customers’ satisfaction.I like your last paragraph of a definition of absolute value. Candicecandicenoreply@blogger.comtag:blogger.com,1999:blog-5823742962601787271.post-91469947222128297482009-10-14T08:57:10.087-07:002009-10-14T08:57:10.087-07:00Very interesting topic of absolute value
Yes inde...Very interesting topic of absolute value<br /><br />Yes indeed, every firm advocates maximizing the shareholder value by acting the best interests for shareholders, so shareholders delegate managers to perform for them, this is we called the agency relationship. The agency theory attempts to deal with two areas, first, is that the goals of the principal and agent are not in conflict (agency problem); second, the principal and agent reconcile different tolerances for risk. However, this is very difficult to balance between shareholders and mangers, as conflict interests between the shareholders and mangers always exist, as shareholders more often likely focus in pursuing their short term returns rather than long-term rewards, however, to achieve such gains, it makes that most managers are tempted to boost up earnings or deflate costs by manipulating accounting in many ways, accounting policy is one of the loopholes for managers to manipulate their accounting. By inflating earnings or deflating costs can temporarily achieve the short term earnings while this scarifies firm’s long-term rewards. <br /><br />I do agree you said, “Such individuals value the job rather than the product or service. They tend to be less collaborative and less willing to innovate in ways that might fear the security of their job.” It is a typical way for most employees, particular for those who have adapted the old way to do their jobs, they fear to lose their jobs and refuse to innovate or change which is a barrier and hurt company’s development and interests.<br /><br />If customers are rationale, agency problem may be, to some extent, reduced to minimum. Maximizing customer value is always a one way for managers to tend to be more aggressive and please their customers’ satisfaction.<br /><br />I like your last paragraph of a definition of absolute value.<br /><br />CandiceAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5823742962601787271.post-54736920364733063032009-10-14T08:56:31.248-07:002009-10-14T08:56:31.248-07:00Very interesting topic of absolute value
Yes inde...Very interesting topic of absolute value<br /><br />Yes indeed, every firm advocates maximizing the shareholder value by acting the best interests for shareholders, so shareholders delegate managers to perform for them, this is we called the agency relationship. The agency theory attempts to deal with two areas, first, is that the goals of the principal and agent are not in conflict (agency problem); second, the principal and agent reconcile different tolerances for risk. However, this is very difficult to balance between shareholders and mangers, as conflict interests between the shareholders and mangers always exist, as shareholders more often likely focus in pursuing their short term returns rather than long-term rewards, however, to achieve such gains, it makes that most managers are tempted to boost up earnings or deflate costs by manipulating accounting in many ways, accounting policy is one of the loopholes for managers to manipulate their accounting. By inflating earnings or deflating costs can temporarily achieve the short term earnings while this scarifies firm’s long-term rewards. <br /><br />I do agree you said, “Such individuals value the job rather than the product or service. They tend to be less collaborative and less willing to innovate in ways that might fear the security of their job.” It is a typical way for most employees, particular for those who have adapted the old way to do their jobs, they fear to lose their jobs and refuse to innovate or change which is a barrier and hurt company’s development and interests.<br /><br />If customers are rationale, agency problem may be, to some extent, reduced to minimum. Maximizing customer value is always a one way for managers to tend to be more aggressive and please their customers’ satisfaction.<br /><br />I like your last paragraph of a definition of absolute value.Candicenoreply@blogger.comtag:blogger.com,1999:blog-5823742962601787271.post-6722036298868661132009-10-14T08:55:59.752-07:002009-10-14T08:55:59.752-07:00Very interesting topic of absolute value
Yes inde...Very interesting topic of absolute value<br /><br />Yes indeed, every firm advocates maximizing the shareholder value by acting the best interests for shareholders, so shareholders delegate managers to perform for them, this is we called the agency relationship. The agency theory attempts to deal with two areas, first, is that the goals of the principal and agent are not in conflict (agency problem); second, the principal and agent reconcile different tolerances for risk. However, this is very difficult to balance between shareholders and mangers, as conflict interests between the shareholders and mangers always exist, as shareholders more often likely focus in pursuing their short term returns rather than long-term rewards, however, to achieve such gains, it makes that most managers are tempted to boost up earnings or deflate costs by manipulating accounting in many ways, accounting policy is one of the loopholes for managers to manipulate their accounting. By inflating earnings or deflating costs can temporarily achieve the short term earnings while this scarifies firm’s long-term rewards. <br /><br />I do agree you said, “Such individuals value the job rather than the product or service. They tend to be less collaborative and less willing to innovate in ways that might fear the security of their job.” It is a typical way for most employees, particular for those who have adapted the old way to do their jobs, they fear to lose their jobs and refuse to innovate or change which is a barrier and hurt company’s development and interests.<br /><br />If customers are rationale, agency problem may be, to some extent, reduced to minimum. Maximizing customer value is always a one way for managers to tend to be more aggressive and please their customers’ satisfaction.<br /><br />I like your last paragraph of a definition of absolute value.<br /><br />CandiceCandicenoreply@blogger.comtag:blogger.com,1999:blog-5823742962601787271.post-81587716773362787712009-08-23T11:26:06.161-07:002009-08-23T11:26:06.161-07:00Very interesting site you got here. I found it ran...Very interesting site you got here. I found it randomly while looking through fans of Hayek on blogger. I am a grad student in Chicago and an aspiring writer with a blog of my own (rjmoeller.com). Check it out some time. Take care.Innocent Smithhttps://www.blogger.com/profile/07557293298218197425noreply@blogger.com