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Author:
Publisher: Andrew Smith
ISBN: 061530995X
Category :
Languages : en
Pages : 282
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Book Description
It is accepted practice that a dissenting stockholder is entitled to receive the intrinsic value of his share in a going concern. Additionally, while no one methodology represents the means by which to value what a stockholder is entitled to receive, it is clear that a liquidation value is not appropriate in most going concern valuations.
Author:
Publisher: Andrew Smith
ISBN: 061530995X
Category :
Languages : en
Pages : 282
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Book Description
It is accepted practice that a dissenting stockholder is entitled to receive the intrinsic value of his share in a going concern. Additionally, while no one methodology represents the means by which to value what a stockholder is entitled to receive, it is clear that a liquidation value is not appropriate in most going concern valuations.
Author: Andrew Smith
Publisher: Andrew Smith
ISBN: 0615309933
Category :
Languages : en
Pages : 16
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Book Description
Fairness Opinions A fairness opinion, by definition, is a letter prepared by an experienced investment banker, or business appraiser, that states whether or not a transaction'from a financial point of view'is fair. The fairness opinion speaks to the ?fairness? of the financial terms of a transaction, as of a specific date, and given a set of assumptions.1 ?Fairness? in this context, parallels the notions of unbiased, impartial, and just. As denoted by the colloquial term ?fair play? or the business phrase ?an arm's length transaction,? a fairness opinion represents whether a deal is fair to shareholders, particularly a company's minority shareholders, all material matters and circumstances considered.
Author: Craig L. Carr
Publisher: Routledge
ISBN: 1351777726
Category : Philosophy
Languages : en
Pages : 225
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Book Description
This title was first published in 2000: A systematic analysis of the concept of fairness as a moral notion. The work critically examines and rejects several familiar accounts of fairness - fairness as equality of treatment, as not taking advantage of another, as adherence to rule, and as respect for others - the author proposes an alternative account of fairness as fidelity to social practice. Drawing on examples from a variety of social practices, ranging from the requirement to do one's fair share to the fairness of lotteries and bargaining, this book outlines a new moral theory of fairness and offers insight into the various roles fairness considerations play in our lives and their limitations. Reflecting on the place of fairness and fair mindedness in moral, social, and political thought, this book will be of interest to moral, social and political philosophers as well as those in related areas such as political science and sociology.
Author: Nissim Francez
Publisher: Springer Science & Business Media
ISBN: 1461248868
Category : Computers
Languages : en
Pages : 308
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Book Description
The main purpose of this book is to bring together much of the research conducted in recent years in a subject I find both fascinating and impor tant, namely fairness. Much of the reported research is still in the form of technical reports, theses and conference papers, and only a small part has already appeared in the formal scientific journal literature. Fairness is one of those concepts that can intuitively be explained very brieft.y, but bear a lot of consequences, both in theory and the practicality of programming languages. Scientists have traditionally been attracted to studying such concepts. However, a rigorous study of the concept needs a lot of detailed development, evoking much machinery of both mathemat ics and computer science. I am fully aware of the fact that this field of research still lacks matu rity, as does the whole subject of theoretical studies of concurrency and nondeterminism. One symptom of this lack of maturity is the proliferation of models used by the research community to discuss these issues, a variety lacking the invariance property present, for example, in universal formalisms for sequential computing.
Author: Nicholas Rescher
Publisher: Routledge
ISBN: 135132490X
Category : Philosophy
Languages : en
Pages : 195
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Book Description
In theory and practice, the notion of fairness is far from simple. The principle is often elusive and subject to confusion, even in institutions of law, usage, and custom. In Fairness, Nicholas Rescher aims to liberate this concept from misunderstandings by showing how its definitive characteristics prevent it from being absorbed by such related conceptions as paternalistic benevolence, radical egalitarianism, and social harmonization. Rescher demonstrates that equality before the state is an instrument of justice, not of social utility or public welfare, and argues that the notion of fairness stops well short of a literal egalitarianism. Rescher disposes of the confusions arising from economists' penchant to focus on individual preferences, from decision theorists' concern for averting envy, and from political theorists' sympathy for egalitarianism. In their place he shows how the idea of distributive equity forms the core of the concept of fairness in matters of distributive justice. The coordination of shares with valid claims is the crux of the concept of fairness. In Rescher's view, this means that the pursuit of fairness requires objective rather than subjective evaluation of the goods being shared. This is something quite different from subjective equity based on the personal evaluation of goods by those laying claim to them. Insofar as subjective equity is a concern, the appropriate procedure for its realization is a process of maximum value distribution. Further, Rescher demonstrates that in matters of distributive justice, the distinction between new ownership and preexisting ownership is pivotal and calls for proceeding on very different principles depending on the case. How one should proceed depends on context, and what is adjudged fair is pragmatic, in that there are different requirements for effectiveness in achieving the aims and purposes of the sort of distribution that is intended. Rescher concludes that fairness is a fundamentally ethical concept. Its distinctive modus operandi contrasts sharply with the aims of paternalism, preference-maximizing, or economic advantage. Fairness will be of interest to philosophers, economists, and political scientists.
Author: McCain, Roger A.
Publisher: Edward Elgar Publishing
ISBN: 1839108029
Category : Business & Economics
Languages : en
Pages : 240
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Book Description
Economic theory and philosophy have discussed concepts of fairness, but the criteria of fairness are in each case absolute: a situation is either fair or it is not. This book draws on these literatures to propose two criteria of relative fairness, and a hierarchical rule for the priority of application of these criteria, with a view to comparison of practicable alternatives in public policy.
Author: Peter Corning
Publisher: University of Chicago Press
ISBN: 0226116271
Category : Business & Economics
Languages : en
Pages : 253
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Book Description
We've been told, again and again, that life is unfair. But what if we're wrong simply to resign ourselves to this situation? Drawing on the evidence from our evolutionary history and the emergent science of human nature, this title shows that we have an innate sense of fairness.
Author: Jay Parkes
Publisher: Routledge
ISBN: 1315283832
Category : Education
Languages : en
Pages : 268
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Book Description
The College Classroom Assessment Compendium provides new and seasoned instructors with comprehensive strategies, perspectives, and solutions for the daily challenges and issues involved in student assessment. Composed of cross-referenced, research-based entries organized for effective and immediate access, this book provides systematic explanations of assessment policies and practices, including guidelines for classroom implementation. Situated beyond the techniques covered in most instructor training and preparation, these practical entries draw from a variety of disciplines and offer an invaluable reference for college instructors interested in developing coherent, reliable classroom assessment climates.
Author: Richard A. Epstein
Publisher: Independent Institute
ISBN: 1598133373
Category : Political Science
Languages : en
Pages : 362
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Book Description
Growing concern about inequality has led to proposals to remake American society according to ill-conceived and coercive "egalitarian" values that are fundamentally unfair. This unique book reveals the modern romance with equality as a destructive flirtation. The elites who advocate such notions claim they champion the poor—but more often than not the nostrums of this managerial class undermine, rather than advance, mass prosperity and human well-being. The authors of In All Fairness challenge all of the prevailing egalitarian ideas, including the claim that the country is riven by inequality in the first place. After all, our economy thrives with a division of labor that allows individuals who are unequal in interests and talents to pursue their own unique goals. Looked at in this way, equality is far more widespread than overheated rhetoric might lead one to expect—as factual data show. But it is an equality of a particularly valuable type—one arrived at, not by top-down attempts to impose economic uniformity, but by our respecting inviolable rules of fair play and the dignity of each person, a dignity that requires everyone to respect the voluntary transactions of others. This approach holds equity, liberty, diversity, and prosperity together. Would we want it any other way in America and anywhere around the world? The authors draw on economics, philosophy, religion, law, political science, and history to provide answers to a perennial question that especially agitates the American public today: Can the coercive powers of the state be used to achieve a kind of arithmetic equality? The authors, each in their own way, make a strong case that they should not be used in this fashion. Love inequality or loathe it, In All Fairness is full of key insights about the connections among fairness, liberty, equality and the quest for human dignity. You won't think about wealth and poverty, equality and inequality, in the same way ever again.
Author: Ben Fenton
Publisher: Bloomsbury Publishing
ISBN: 1912914255
Category : Philosophy
Languages : en
Pages : 233
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Book Description
'Ben's book is an elegant and essential intervention in an era of enervating culture wars. It asks and answers nothing less than the most important question of our time: how can we recover the ability to talk to one another?' - Sathnam Sanghera, author of Empireland What does it mean to be fair? Why do we feel unfairness so strongly? What has happened to us today that we spend more time condemning each other's views than giving each other a fair hearing? The idea of fairness is one of the most commonly-expressed concepts, yet nobody ever stops to think what it really means. We all simply take the word 'fair' for granted. In this polemical guide to fairness, Ben Fenton explains the meaning of the word, how it fits into our genetic make-up and why we need our innate sense of fair play now more than ever. Fenton explores the idea that the unconscious procedure that humans go through in deciding fairness is the vital balancing act between competition and cooperation, the two driving forces that have made us the super-species of Planet Earth. He describes the neurology, anthropology, psychology, history and future of fairness and looks at how it affects our lives through politics, law, sex, religion, race, sport, business and even war. As a reporter of thirty years' experience, Fenton brings all his skills to bear in a lively and challenging description of the profound inner meaning of a throwaway phrase and why it matters so much to every single person in the world to seek To Be Fair. PART I – WHY SHOULD WE TRY TO BE FAIR? 1. Why You Should Read This Book 2. The Principles of Fairness 3. The Neurology and Psychology of Fairness 4. Fairness in History 5. Is Fairness a Creation of the English speaking World? (Spoiler alert: No) PART II – WHAT DOES FAIRNESS LOOK LIKE IN THE MODERN WORLD? 6. Fairness in Sport (and other forms of War) 7. Fairness in Business and Economics 8. Fairness in Law and Taxation 9. Fairness in Communication and Technology 10. Fairness in Politics and Government 11. Fairness in Human Relationships 12. Is Fair Play the Answer to the Ultimate Question?
