to conclude that small firm is better. There could be other factors that can not be explained by β and return alone.
CAPM theory shows how a stock return follows the market. However, this theory does not explain the other factors that comes from factors other than market. It is dangerous idea to make decision only according to this theory.
We analysed the portfolios and showed that there a
to the reduction of the mortgage service portfolio, prevailing business conditions and capital requirements. Before the crisis however this ratio was constant due to the strong rates of growth in the markets. After the crisis however continued decrease as a result of tight credit conditions, reduced economic growth and a weak housing market.
The cash to flow assets, this is, the ratio that measu
Incorporated in Oregon in 1985
World’s largest energy company (2001)
In Fortune Magazine’s 100 best companies to work for
Downgraded company’s debt to ‘junk’ grade and Enron files for bankruptcy (2001) Enron Scandal
Kenneth Lay merged two gas pipelines, Houston Natural Gas and Internorth and formed Enron
Became the largest energy trader in the world
Online trading of ener
1-2. 경영원칙
1-2-1 기업경영원칙
유한킴벌리의 경영원칙은 크게 다섯 가지로 나뉘고 있습니다.
인간존중, 고객만족, 사회공헌, 가치창조, 혁신창조가 그것인데요 그럼 그에 대해 하나 하나 자세히 알아보겠습니다.
1)인간존중
유한킴벌리는 사원의 안전을 제 1순위로 하는 생명존중