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Globalization lays the foundation for worldwide experiences, such as the recent economic downturn that faces most world societies today. How might culture and cultural adaptation function to ameliorate some of the effects among subcultural groups?
Economic Value Added
A measure of a company's financial performance based on the residual wealth calculated by deducting its cost of capital from its operating profit, adjusted for taxes on a cash basis.
Gordon Model
A mathematical model for valuing stock based on an assumed constant growth rate into the indefinite future.
Cost Of Retained Earnings
The opportunity cost for shareholders of having a company retain and reinvest earnings rather than distributing them as dividends, often approximated by the expected return on equity.
Dividend
A portion of a company's earnings that is paid to shareholders, typically on a quarterly basis, as decided by the board of directors.
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