Corporate Finance - 1062 Words

Financial Management Assignment (10 Sep, 2012) ------------------------------------------------- Ch. 5: 1 (a-e), 4, 5, 7, 10, 11, 12, 15 ------------------------------------------------- FM1 Takumi KAWAI, Pham NGUYEN, Yang CHEN, Bi CHAO #1 a. What is the payback period on each of the following projects? Payback period: A 3 years, B 2 years, C 3years b. Given that you wish to use the payback rule with a cutoff period of two years, which projects would you accept? â€Å"B† Only B meetsthe given cutoff period. c. If you use a cutoff period of three years, which projects would you accept? â€Å"A, B, C† All the projects meet the given cutoff period, thus, every project (A, B, C) is acceptable. (In terms of NPV, since B has the†¦show more content†¦The IRR of the incremental investment is 10.7%. The decision depends on whether this IRR is excess of the cost of capital. If the cost of capital is smaller than IRR of 10.7% (IRR COC), then Project B should be taken. Otherwise (IRR COC), Project A should be taken. #12 Mr. Cyrus Clops, the president of Giant Enterprises, has to make a choice between two possible investments: The opportunity cost of capital is 9%. Mr. Clops is tempted to take B, which has the higher IRR.†¨ a. Explain to Mr. Clops why this is not the correct procedure.†¨ His decision was based upon the IRR Rule, but comparing their NPVs at the cost of capital, Project A has a higher NPV. Therefore, he should have chosen Project A rather than Project B. b. Show him how to adapt the IRR rule to choose the best project. He can salvage the IRR rule by focusing on the IRR on the incremental flows. In this problem, Project B has smaller cash flow than Project A. The incremental flow can address whether it is worth making the additional investment in Project A. c.Show him that this project also has the higher NPV. The IRR on the incremental investment of 10% is in excess of the 9% opportunity cost of capital (IRR COC). Therefore, he should prefer Project A to another one. #15 Borghia Pharmaceuticals has $1 million allocated for capital expenditures. Which of the following projects should the company accept to stay within the $1 million budget? How much does the budget limit cost theShow MoreRelatedCorporate Finance Notes1881 Words   |  8 PagesStudy notes By Zhipeng Yan Corporate Finance Stephen A. Ross, Randolph W. Westerfield, Jeffrey Jaffe Chapter 1 Introduction to Corporate Finance ..................................................................... 2 Chapter 2 Accounting Statements and Cash Flow.............................................................. 3 Chapter 3 Financial Markets and NPV: First Principles of Finance................................... 6 Chapter 4 Net Present Value....................................Read MoreNotes for Corporate Finance2082 Words   |  9 PagesCorporate Finance Notes * Chapter One: Introduce to Corporate Finance 1. Three Questions: A. What Long-term asset should be invested? Capital Budgeting B. How to raise cash for capital expenditures? Capital Structure C. How to manage short-term cash flow? Net Working Capital 2. Capital Structure: Marketing Value of Firm = MV of Debt + MV of Equity 3. Finance perspect and Accountant perspect: Finance: Cash Flow ! Accountant: A/R means profit ! 4. Sole proprietorshipRead MoreCorporate Finance69408 Words   |  278 PagesCorporate finance P. Frantz, R. Payne, J. Favilukis FN3092, 2790092 2011 Undergraduate study in Economics, Management, Finance and the Social Sciences This subject guide is for a Level 3 course (also known as a ‘300 course’) offered as part of the University of London International Programmes in Economics, Management, Finance and the Social Sciences. This is equivalent to Level 6 within the Framework for Higher Education Qualifications in England, Wales and Northern Ireland (FHEQ). For moreRead MoreCorporate Finance4881 Words   |  20 PagesTrends of Leverage 7 2.3 Comparison of capital structure with similar companies 9 2.4 Capital expenditures and its financing 10 2.5 Important factors influencing the use of debt financing 10 2.5.1 Tax Advantage 10 2.5.2 Corporate Tax Rate 11 2.5.3 Credit rating 11 2.5.4 Interest rate 11 2.5.5 Company’s Industry 12 2.5.6 Company’s growth rate 12 2.5.7 Some other arguments about Harvey Norman 12 2.6 Evidence of financial distress 13 Read MoreCorporate Finance1421 Words   |  6 Pagesoperating earnings of the firm. The capitalization is to be made at a rate appropriate to the risk class of the firm. Growth Plans, are involved in capital structural theories in which a certain amount will be allocated for the growth plans. A finance manager should draw a plan according for the dividend policy. For Example: The firm has $10 million as equity capital and $6 million as debt capital and the firm made a profit (after tax) of $2 million, and the fund allocated to the growth plan wasRead MoreCorporate Finance - Concept Questions12247 Words   |  49 Pagesquestions of corporate finance? a. Investment decision (capital budgeting): What long-term investment strategy should a firm adopt? b. Financing decision (capital structure): How much cash must be raised for the required investments? c. Short-term finance decision (working capital): How much short-term cash flow does company need to pay its bills. ( Describe capital structure. Capital structure is the mix of different securities used to finance a firms investmentsRead MoreFundamentals of Corporate Finance 9e82683 Words   |  331 Pageshttp://helpyoustudy.info Chapter 01 - Introduction to Corporate Finance Chapter 01 Introduction to Corporate Finance Answer Key Multiple Choice Questions 1. Which one of the following terms is defined as the management of a firm s long-term investments? A. working capital management B. financial allocation C. agency cost analysis D. capital budgeting E. capital structure Refer to section 1.1 AACSB: N/A Difficulty: Basic Learning Objective: 1-1 Section: 1.1 Topic: Capital budgeting Read MoreCorporate Business Finance 7343 Words   |  30 PagesCorporate Business Finance Seminar 5 Project Finance Lauren Leigh Essaram 207507339 Ruvimbo Mukorera 206525531 27 September 2010 Submitted in partial fulfilment of the duly performed requirement of International Business Finance, School of Economics and Finance, University of KwaZulu-Natal Abstract Non-recourse financing has grown in popularity, especially in developing countries. It has done so more specifically in the basic infrastructure, natural resources and also in the energyRead MoreAdvanced Corporate Finance4303 Words   |  18 PagesUniversity of Puget Sound School of Business and Leadership BUS 434 Advanced Corporate Finance Professor Alva Wright Butcher Tues-Thurs 11:00-12:20 McIntyre 107 Spring Semester 2012 Office: McIntyre 111 I Phone: 253-879-3349 FAX: 253-879-3156 Office Hours: T-Th: 1:00-1:50 Wed: 9:30-10:30 And by appointment Note that I am always willing to schedule additional office hours by appointment. I check email frequently, so that is also a goodRead MoreEssay Corporate Finance1613 Words   |  7 Pages Why is corporate finance important to all managers? Corporate finance is a specific area of finance dealing with the financial decisions corporations make and the tools as well as analyses used to make these decisions. The primary goal of corporate finance is to enhance corporate value, without taking excessive financial risks. A corporations managements primary responsibility is to maximize the shareholders wealth which translates to stock price maximization. Corporate finance provides

Essay about Indecisiveness in Hamlet - 839 Words

Shakespeares Hamlet is truly a great play to analyze. It is also unique in that a play based on revenge we dont see any action until the end. Hamlet has immediate suspicion and proof of his fathers murder and does not act. This poses the question, why does it take so long for Hamlet to kill Claudius? Hamlets apparent indecisiveness to act is due to his constant habit of over thinking in addition to several conscious and subconscious distractions. Immediately following Hamlets conversation with the Ghost, he is determined to fulfill the Ghosts wishes. However, the next time he appears in the play, which is long after the Ghosts visit, he has not yet done the deed. He is plagued by questions of death and the supernatural. What†¦show more content†¦If he does this he will be no better than Claudius. Maybe a part of him wants Claudius there in order to keep him away from his mother. we know that Hamlet longs to show her affection; to comfort her and to be comforted by h er (Mabillard). The only time when Hamlet does not hesitate to carry out his moral duty is when he is in the bedroom with Gertrude. Hamlet stabs Polonius instinctively because he is where he truly desires to be, with his mother. This is the only time when Hamlet actually has the courage to try to kill Claudius, thus opening the path to Gertrude. Hamlet thinks he understands how action should be taken. He considers factors such as rationality, spirituality, emotion, ethics, and so on in his actions. These constant considerations of ideas just added to his problem of over thinking and questing himself. He is particularly drawn to difficult questions or questions that cannot be answered with any certainty (Phillips). Sometimes it seems that he doesnt believe any action can be taken in a controlled manner. If he takes a bold and decisive action, like Claudius did in killing the King and marrying Gertrude, it will yield results but he will be plagued by guilt. If he resolves hims elf to revenge and remains completely focused, like Laertes, he will be easily manipulated. These characters show the complexity of action Hamlet considers. When Hamlet does act it is a blind explosion of emotion and violence. Another source ofShow MoreRelatedThe Effects of Hamlets Indecisiveness in William Shakespeare’s play, The Tragedy of Hamlet664 Words   |  3 PagesHamlet from William Shakespeare’s play, The Tragedy of Hamlet, Prince of Denmark, is unable to commit to a decision throughout the play. His indecisiveness does not allow him to act quickly on any decision, leaving them lingering until it’s too late. Mentally, he thinks too much. Physically, he does not take enough action. Emotionally, his thoughts cause him to do irrational things. His delayed reaction to take revenge on Claudius results in everyone in the royal family dying. Hamlet’s weaknessRead MoreThe Tragic Flaw Of Shakespeare s Hamlet1734 Words   |  7 PagesJacqueline B orutski ENG4U Mr. Froome April 11, 2016 The Tragic Overuse of Logic in Hamlet Logic is man s most valuable asset; it is what pushed humanity past other species and helped develop humankind into what it is today. Without such logic and reasoning, humanity would not have evolved into the strongest and most powerful beings alive. It is what has enabled us to dominate the world, create civilization, unlock the secrets of the universe through math and science and reveal the true natureRead MoreEssay On The Tragedy Of Hamlet1122 Words   |  5 Pagesof Hamlet’s father becomes Hamlet’s main struggle throughout the course of the play The Tragedy of Hamlet, Prince of Denmark by William Shakespeare. This play takes place mostly in the royal castle of Denmark in the late middle ages. The play follows Hamlet in his quest to determine the truthfulness of the ghost and to avenge the death of his father. In the play, major characters include Hamlet, Claudius, Gertrude, Laertes, Polonius, and Ophelia. Claudius is the King of Denmark and the ghostsRead MoreH amlet As An Anti Hero998 Words   |  4 Pagesaudience when exploring Hamartia and Peripeteia in its depiction of Hamlet as an anti-hero? Hamlet is a Shakespearian tragedy written and published in approximately 1603; this play depicts the protagonist Hamlet as a gritty anti-hero with human flaws and qualities such as arrogance, apathy and paranoia. He is driven to fuel his revenge against King Claudius without regard to the others consideration because of his selfishness. Hamlet is frustrated with his mothers haste marriage and believes he isRead MoreHamlet by William Shakespeare648 Words   |  3 PagesTo be, or not to be, or maybe just to pretend to be – Hamlet - make up your mind already! Before discussing Hamlet’s hamartia, please let me say that Hamlet is one of my all-time favorite plays. Yes, it is tragic. Yes, they all fall in the end. But, good lord, what action! So, what is this shortcoming the unfortunate Hamlet possesses that brings about his undeserved end? Before discussing the frailty of this tragic hero, let us examine the word, hamartia, used by Aristotle in â€Å"The Poetics†. HamartiaRead MoreWilliam Shakespeares Hamlet Essay680 Words   |  3 PagesIn the mind of an individual there is a battle between inner choices and outside pressure from the society when both are in the opposite poles, a battle in which in which well being can be lost or found. In the play Hamlet by William Shakespeare, the unpropitious hero Hamlet is negatively influenced by demands and enters into a mental dilemma, as he is unable to decide whether he should follow his inner voice and kill his father’s murderer, or whether he should be a law abiding citizen and respectRead MoreHamlet by William Shakespeare714 Words   |  3 Pagesvowed never to become, it kills your soul until there is nothing left but a soul full of hate and evil. One charac ter that knows revenge the best and knows how it can destroy your life is Hamlet, his soul is gone and there is nothing but hate left in his life, he has truly lost everything and everyone. Hamlet is basically on a warpath to find out who killed his father, and he doesn’t hold back, he does anything to find answers, even if that meant he had to hurt his loved ones and friends. AllRead MoreAnalysis Of Hamlet s Hamlet 1547 Words   |  7 PagesHamlet’s Hamartia Shakespeare s longest play is Hamlet, which takes place in the Kingdom of Denmark. Hamlet is a tragic tale about the Prince of Denmark and is a drama about revenge. Prince Hamlet is visited by his father’s ghost who demands he kill his uncle, Claudius, after Claudius killed Hamlet’s father. Yet despite being â€Å"†¦ the son of a dear father murdered, prompted to my revenge by heaven and hell,† Hamlet delays enacting vengeance on Claudius (II,2,584-585). This delay ultimatelyRead MoreHamlet: a Virtuous and Indecisive Character879 Words   |  4 PagesIn William Shakespeares Hamlet, the image patterns such as an unweeded garden, rot, and deception conveyed by Hamlet demonstrate how his impelling sense of justice and inability to act on his decisions doom him to his fate. The image pattern of an unweeded garden exemplifies Hamlet’s melancholy view of Denmarks monarchy and his hesitation to uproot the metaphorical weeds. Hamlet’s use of rot imagery manifests his dissatisfaction with life and inability to vie for his throne. The pattern of deceptionRead MoreThe Self Defeat of Heroes in Shakespeares Tragedies: A Character Analysis of Hamlet and Othello1495 Words   |  6 PagesThe Self-Defeat of Heroes in Shakespeares Tragedies: A Character Analysis of Hamlet and Othello Introduction Aristotle asserted that all tragic heroes had fundamental flaws that were the source of their undoing, and that were typically the source of their initial success, as well. Oedipus thinks he acts with justice, wisdom, and the assurance of success, and these things also cause him to completely destroy himself when he discovers the truth of his situation, as one prominent example. The

Management Theory and Practice for Theory- MyAssignmenthelp.com

Question: Discuss about theManagement Theory and Practicefor Agency Theory. Answer: Introduction Various factors determine the success of an organisation. Organisational theories help organisations to identify the problems and introduce patterns and structures that maximise the efficiency of problem-solving techniques and increases productivity. This report critically analyses the various theories of organisational action and discusses the possibility of combining the theories as one universal theory. Critical Analysis of Agency and Determinist Theories in Organisational action Agency Theory Agency theory describes the management of relationships between the people who are setting the work and the people who are doing the work. When an individual hires someone to do a work, he creates a relationship with the person hired (Ashkanasy Humphrey, 2011). The individual hires when he or she is unable to do the work or is not willing to do it. This theory refers the hiring party as the principal and the hired party as the agent. In the corporate sector, the shareholders are the principal who transfers the job to the management to do the duties on their behalf. These management people are the agents of the shareholders. This theory states that every individual be the principal or the agent is motivated to work to fulfil its self-interests. This is the main drawback of the theory. If both the parties work for their self-interest then the motivation of agents will inevitably conflict with the goal set by the principal. Principals expect agents to fulfil the goals set by them and w ork solely for the interest of the goal (Bergeron et al. 2013). Agency Loss is the standard for measuring the difference between the expected results of the goal set by the principal and the actual outcomes, which the agents bring by their course of action. Agency loss becomes highest when the agent does not do anything to fulfil the goal but work only for fulfilling its self-interests. Both the parties are responsible for minimising the agency loss. Principal and agent can minimise the agency loss by sharing common interests. The principal can reduce agency loss by understanding the consequences of the agent's action. The main challenge of this theory is to set a standard for agents' actions in corporate level so that the agents work for the goal of the principal by setting aside their self-interest (Berry, Carpenter Barratt, 2012). In Agency relationships, the agents should have moral responsibilities for their action and simply cannot deny them because they act as agents for their principals. Examples of agency relationships in finance includ e Investment bankers who act as agents for their principals or the clients and the financial advisors who act as agents for their clients or principals. Agency theory is a controversial theory though it has immense importance. Williamson in 1985 identified that certain individuals exhibited opportunistic behaviour and not the entire mass. Hence, he suggested organisations develop methods for screening the trustworthiness of the employees (Sevenpillarsinstitute.org, 2017). Hill in 1990 stated that even in a situation where everyone is inclined to behave opportunistically, there would be individuals who will never break trust and work with co-operation. Donaldson in 1990 criticised this theory as less developed and an oversimplifying methodology. He stated that this theory disregards other research works and it has a very narrow definition of work motivation (Sevenpillarsinstitute.org, 2017). According to him, it has dominance in organisational economics and corporate governance defensiveness. He observed that organisations disregarded the traditional organisational theories and regarding behaviour and trustworthiness and worked on dev eloping assumptions. Views are different for the supporters of this theory. For example, Podrug in 2010 stated that controlling individual behaviour leads to stronger opportunistic behaviour, reduces trustworthiness and finally results in distrust. Tipuric in 2008 supported this theory stating that the intentions of agents are clear when the principal and the agents have common interests (Sevenpillarsinstitute.org, 2017). Population Ecology This theory has faced many criticisms. Young in 1988 and Donaldson in 1995 stated that this theory is ambiguous and lacks a general agreement on the definitions of the key constructs. Young stated that the niches, inertia or rates of environmental change are hard to understand and describe. As there is a lacking of the precise definition of the construct, common conceptualization across the field is difficult and it is not feasible to generalise different contexts (Chiang Hsieh, 2012). On the other hand, Singh and Lumsden in 1990 stated that the criticism of the lack of discipline-wide definition is not useful because according to them these constructs are used in other disciplines and does not have a workable definition in those fields also (Freepatentsonline.com, 2017). There are also issues with the application and methodology of this theory. The theory can be classified into two main types based on the method of population classification. One classification is of Hannan and Free man. According to them as organisations are not alike hence, researchers need to define organisational forms according to the research problem. McKelvey stated that each organisation and population should have different scientific classifications. The theory faces criticism on the demography of the organisations that the researchers examine (Chun et al. 2013). Astley and Van de Ven in 1983 and Perrow in 1986 stated that the theory only deals with smaller organisations because bigger organisations are immune to a selection process. On the other hand, many theorists considered this criticism as narrow. Caroll in 1984 and Barnett in 1990 stated that researchers have also examined big and powerful organisations for its size dependence, domination in technological systems and size-based segmentation of population. Van Witteloostuijn in 2000 stated that this theory lacks detailed investigation because there is focus on large-scale quantitative studies. Delacroix and Caroll in 1983 stated that organisational funding studies of this theory are limited because they do not consider unsuccessful findings. Astley and Van De Ven in 1983 stated that this theory is too much deterministic (Freepatentsonline.com, 2017). Structural Contingency Theory This theory states that one structure does not fit all organisations. The structure that fits certain contingencies are the most effective structures (Colquitt, Lepine Wesson, 2011). Galunic and Eisenhardt in 1994 stated that this theory is static and cannot deal with changes in the organisation. On the other hand, Parsons in 1961 stated that this theory is based on a functionalist tradition of social science and considers organisations fit to adapt to changing environments (Freepatentsonline.com, 2017). According to Hamilton and Shergill an organisation in fit is highly productive which leads to its expansion of size. Chandler, on the other hand, stated that this expansion causes a change in contingencies, which is a misfit in existing structure and hence leads to low performance. SARFIT is a process depicted in the main theory of structural contingency, which denotes structural adaptation to regain fit. There is a contrast between the main structural theory and SARFIT. The structu ral theory is an equilibrium theory in which organisations are depicted as attaining fit and then in equilibrium. SARFIT on the other hand considers organisations as temporarily fit until there is a surplus of contingencies caused by its expansion. Critics of this theory argue that it is not a good suggestion for the organisations to change according to the change in contingencies because the contingencies itself change to fit with the organisation (De Wit, Greer Jehn, 2012). Institutional Theory This theory provides a rich and complex view of organisations. It studies the internal and external factors affecting organisations. This theory is a rewarding theory for an organisation because it gives much more importance to the stakeholders for deciding the legitimacy of an organisation, unlike other theories (DuBrin, 2013). This theory is considered as the best-fit approach. Rowan examined that this theory and found out that an organisation is steady and long lasting when there is co-operation in its environment. Tolbert and Zucker also supported this theory that organisations under pressure adopt changes quickly. Di Maggio and Powell stated that the institutional pressures increase the homogeneity of organisational structures. Resource Dependency Theory This theory describes the organisational terms with respect to those resources that the organisations need to survive. It is a useful theory for describing the differences of power across organisations and the choice of strategies (Eatough et al. 2011). According to some theorists, this theory is the main reason why some nonprofit organisations have commercialised more. Hillman et al. (2009), Davis and Cobb (2010), Drees Heugens (2013), Sharif Yeoh (2014) have discussed the importance of this theory in influencing organisational behaviour through alliances, joint ventures, mergers and acquisitions (Hrmguide.co.uk, 2017). The theory has received many criticisms. Donaldson in 1995 stated that as the theory focuses on the relevance of power structures it neglected economics and efficiency factors that influence organisational behaviour. Tolbert in 1985 stated that the objection that this theory receives because of its concentration of material resources is not wholly true. Johnson in 1995 stated that the theory can be extended to include symbolic resources. Clegg in 1998 stated that the theory is wrong based on a narrow concept of power controlling objective resources. The major drawback of this theory is that it fail to regard the role of cultural, ideological and institutional forces in organisational behaviour (Fishbein Ajzen, 2011). Probability of Reconciliation of Organisational Theories as one Universal Theory Every organisational theory has its own advantages and disadvantages. Organisations cannot ignore any of the theories totally. A combination of all the above theories will help organisations to increase effectively their productivity (Fisher To, 2012). The operations of nearly all organisations are same. However, they differ in size and function but they follow the basic structure of operating through the division of labour, a decision-making structure and rules and policies (Locke, 2011). The Population Ecology theory classifies organisations according to the common characteristics and behaviours. This theory helps to identify what kind of organisational strategies are required for a particular type of organisation population. Here comes the importance of the resource dependency theory (Miner, 2015). According to this theory, the organisations need external resources that are resources from other organisations to survive. It emphasises that organisations are interdependent. The institutional theory focuses on implementing the strategies of competitors for becoming legitimate to stakeholders. The Contingency theory describes the strategies that are fit for particular organisations. The global theory can be a combination of all these theories for organisational behaviour (Moore et al. 2012). This theory can identify the strategies followed by parallel organisations through population ecology followed by resource dependency for identifying the companies for working in th e joint venture for production improvement. Then the organisations can implement institutional theory for implementing the strategies identified from the previous theories and then can implement strategies that are relevant to that particular organisation and are identified from contingency theory (Umphress, Bingham Mitchell, 2010). Hence, organisations combine all the organisational theories into one universal approach for better functioning and increasing the productivity of an organisation (Walumbwa, Hartnell Oke, 2010). Conclusion Organisational behaviour is the key to success of any organisation. Hence managers need to understand that individual needs and expectations and organisational goals and expectations are interrelated. Good leadership skills along with the knowledge of strategies for developing a group will help perform an individual in the group at its peak level. Managers can avoid problems like social loafing and groupthink by resolving issues related to the team member differences and giving a clear guideline of roles and responsibilities, company expectancy and motivating the employees through constructive feedback and rewards. References Ashkanasy, N. M., Humphrey, R. H. (2011). Current emotion research in organizational behavior.Emotion Review,3(2), 214-224. Bergeron, D. M., Shipp, A. J., Rosen, B., Furst, S. A. (2013). Organizational citizenship behavior and career outcomes: The cost of being a good citizen.Journal of Management,39(4), 958-984. Berry, C. M., Carpenter, N. C., Barratt, C. L. (2012). Do other-reports of counterproductive work behavior provide an incremental contribution over self-reports? A meta-analytic comparison. Chiang, C. F., Hsieh, T. S. (2012). The impacts of perceived organizational support and psychological empowerment on job performance: The mediating effects of organizational citizenship behavior.International Journal of Hospitality Management,31(1), 180-190.Elangovan, A. R., Pinder, C. C., McLean, M. (2010). Callings and organizational behavior.Journal of Vocational Behavior,76(3), 428-440. Chun, J. S., Shin, Y., Choi, J. N., Kim, M. S. (2013). How does corporate ethics contribute to firm financial performance? The mediating role of collective organizational commitment and organizational citizenship behavior.Journal of Management,39(4), 853-877. Colquitt, J., Lepine, J. A., Wesson, M. J. (2011).Organizational behavior: Improving performance and commitment in the workplace. McGraw-Hill Irwin. De Wit, F. R., Greer, L. L., Jehn, K. A. (2012). The paradox of intragroup conflict: a meta-analysis. DuBrin, A. J. (2013).Fundamentals of organizational behavior: An applied perspective. Elsevier. Eatough, E. M., Chang, C. H., Miloslavic, S. A., Johnson, R. E. (2011). Relationships of role stressors with organizational citizenship behavior: a meta-analysis. Fishbein, M., Ajzen, I. (2011).Predicting and changing behavior: The reasoned action approach. Taylor Francis. Fisher, C. D., To, M. L. (2012). Using experience sampling methodology in organizational behavior.Journal of Organizational Behavior,33(7), 865-877. Freepatentsonline.com. (2017). FPO IP Research Communities. [online] Available at: https://www.freepatentsonline.com [Accessed 16 May 2017]. Hrmguide.co.uk. (2017). UK Human Resource Management Articles. [online] Available at: https://www.hrmguide.co.uk [Accessed 16 May 2017]. Locke, E. (Ed.). (2011).Handbook of principles of organizational behavior: Indispensable knowledge for evidence-based management. John Wiley Sons. Luthans, F. (2010).Organizational behavior: An evidence-based approach. McGraw-Hill Irwin. Miner, J. B. (2015).Organizational behavior 1: Essential theories of motivation and leadership. Routledge. Moore, C., Detert, J. R., Klebe Trevio, L., Baker, V. L., Mayer, D. M. (2012). Why employees do bad things: Moral disengagement and unethical organizational behavior.Personnel Psychology,65(1), 1-48. Sevenpillarsinstitute.org. (2017). Cite a Website - Cite This For Me. [online] Available at: https://sevenpillarsinstitute.org [Accessed 16 May 2017]. Umphress, E. E., Bingham, J. B., Mitchell, M. S. (2010). Unethical behavior in the name of the company: the moderating effect of organizational identification and positive reciprocity beliefs on unethical pro-organizational behavior.Journal of Applied Psychology,95(4), 769. Walumbwa, F. O., Hartnell, C. A., Oke, A. (2010). Servant leadership, procedural justice climate, service climate, employee attitudes, and organizational citizenship behavior: a cross-level investigation.Journal of Applied Psychology,95(3), 517.