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Since Hambrick and Mason proposed the theory of the Upper Echelon, studies about the relationship between the Top Management Team (TMT) characteristics and Corporate Strategy or Corporate Performance etc. have made a lot of results, but the research between the Top Management Characteristics and the Financial Strategy is still in the exploratory stage. In this paper, we examines recent years relevant...
Lund, situated in the centre of Oresund region, is one of the oldest cities in Sweden. This city has earned a reputation as “Euro culture capital” and “inovation centre” depending on its well known Lund University and serious world famous companies nearby. The city aims at sustainable traffic programme to develop an integrated, environmentally friendly traffic system. This paper discuss and introduces...
This paper analyzes the development of private equity in China, and points out that the risks of PE contains inherent risks including adverse selection and moral hazard, and external risks including the executive risks, legal risks and withdrawal risks. Furthermore, this paper puts forward risk-preventive methods and suggestions, where the government shall spare no efforts to perfect laws and regulation,...
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