CHAPTER 1
4. Nike (2005) company report, accessed at www.nikebiz.com.
5. Capital gain = Price at which share is sold − Price at which share is bought.
6. Michael C. Jensen and William H. Meckling, “Theory of the Firm: Managerial Behaviour, Agency Costs and Ownership Structure”, Journal of Financial Economics 3(1976): 305–360.
7. Where the rupee equivalent of the reduction in welfare experienced by the principal due to this divergence is also a cost of the agency relationship, and we refer to this latter cost as the “residual loss”.
8. Mitchell J. Lovett and Jason B. MacDonald, “How Does Financial Performance Affect Marketing? Studying the Marketing–Finance Relationship from a Dynamic ...
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