Define Values and Discuss the Element of Corporate Culture in Detail

question 77

Essay

Define values and discuss the element of corporate culture in detail.

---

Definitions:

Taxable Income

The amount of income used to calculate how much tax an individual or a company owes to the government.

Bankruptcy

A judicial procedure that allows people or entities that cannot fulfil their financial commitments to obtain exemption from part or all of their owed sums.

Legal Proceeding

A sequence of actions conducted formally in a court of law for the resolution of disputes or the enforcement of laws.

Optimal Capital Structure

The best mix of debt, equity, and other financing sources that minimizes the firm's cost of capital while maximizing its value.