English Law
Dispersed Ownership
Power focus on
external stakeholders
Financing mostly from
stock market
Regulations to protect external investors
Continental Law
Concentrated Ownership
Power focus on
internal stakeholders
Financing mostly through loans
Regulations to protect
internal stakeholders
1.Under Common Law
Long-term capital from
Ⅰ. 서론
18세기 아담 스미스 이래 競爭은 경제발전과 경제성장을 촉진하는 중요한 요인으로 자리 매김하고 있다. 국내 및 국제간 경쟁은 세계전역을 관통하면서 경쟁력이 없는 제도의 변화를 유인하고 있다. 시장자유화를 지향하는 오늘날의 세계화도 이와 같은 경쟁관계를 개방하여 자국의 취약한
shareholders have invested, was also highly affected from 2008 showing decreasing percentages. This situation has several causes, first is the decline in profitability due 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 h
1. About HMC
Hyundai Motor Company is an automobile manufacturer in Korea. The Company markets the Atoz Prime, Getz, Accent, Elantra, Hyundai Coupe, Sonata, Grandeur XG and Centennial passenger cars; the Trajet, Terracan, Tucson, Santa Fe, H-1 and Matrix recreational vehicles, and commercial vehicles, which include trucks, buses, tractors, and specialty vehicles, such as refrigerated vans, r
To our Shareholders, Associates and Customers: Let me begin by expressing how proud I am of everything our Associates have accomplished during the fiscal year ended January 31, 2004. Wal-Mart generated over $256 billion in global revenue, establishing a new record and adding more than $26 billion in sales. Your Company earned almost $9.1 billion in net income and grew earnings per share by over 1