Alan M. Dershowitz
- Published in print:
- 2003
- Published Online:
- November 2003
- ISBN:
- 9780195158076
- eISBN:
- 9780199869848
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0195158075.003.0005
- Subject:
- Political Science, American Politics
Aims to demonstrate that, during the (Bush vs Gore) US presidential election of 2000, by any reasonable standard of evaluation, the majority justices of the US Supreme Court failed to test the US ...
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Aims to demonstrate that, during the (Bush vs Gore) US presidential election of 2000, by any reasonable standard of evaluation, the majority justices of the US Supreme Court failed to test the US constitutional system in ways that it had never been tested before, and did so not because of incompetence, but because of malice aforethought. Contrasts the prior decisions and writings of the particular majority justices with the opinions that they joined in this case; the dramatic discrepancies found raise troubling questions. Moves from this concrete evidence to a more speculative consideration of what may have motivated these inconsistencies. The different sections of the chapter look first at the decisions of Justice Antonin Scalia, Justice Sandra Day O’Connor, Justice Anthony Kennedy, Chief Justice William H. Rehnquist, and Justice Clarence Thomas. The following speculative sections first ask generally why each justice behaved as they did, and then go on to devote separate sections on the motives of each of the five justices.Less
Aims to demonstrate that, during the (Bush vs Gore) US presidential election of 2000, by any reasonable standard of evaluation, the majority justices of the US Supreme Court failed to test the US constitutional system in ways that it had never been tested before, and did so not because of incompetence, but because of malice aforethought. Contrasts the prior decisions and writings of the particular majority justices with the opinions that they joined in this case; the dramatic discrepancies found raise troubling questions. Moves from this concrete evidence to a more speculative consideration of what may have motivated these inconsistencies. The different sections of the chapter look first at the decisions of Justice Antonin Scalia, Justice Sandra Day O’Connor, Justice Anthony Kennedy, Chief Justice William H. Rehnquist, and Justice Clarence Thomas. The following speculative sections first ask generally why each justice behaved as they did, and then go on to devote separate sections on the motives of each of the five justices.
Lorenzo A. Preve and Virginia Sarria-Allende
- Published in print:
- 2010
- Published Online:
- May 2010
- ISBN:
- 9780199737413
- eISBN:
- 9780199775637
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199737413.003.0005
- Subject:
- Economics and Finance, Financial Economics
This chapter summarizes the factors a financial manager needs to take into account with respect to a firm's cash management policy. We begin with a brief discussion of the various motives for holding ...
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This chapter summarizes the factors a financial manager needs to take into account with respect to a firm's cash management policy. We begin with a brief discussion of the various motives for holding cash. We introduce the transaction motive, the precautionary motive, the speculative motive, and the use of cash as a hedging tool. We then summarize the key variables that determine a firm's optimal cash balance. Next, we explain why a firm's cash collection policy and its cash conversion cycle matter for good cash management. Finally, we discuss how a firm can optimally invest its idle cash.Less
This chapter summarizes the factors a financial manager needs to take into account with respect to a firm's cash management policy. We begin with a brief discussion of the various motives for holding cash. We introduce the transaction motive, the precautionary motive, the speculative motive, and the use of cash as a hedging tool. We then summarize the key variables that determine a firm's optimal cash balance. Next, we explain why a firm's cash collection policy and its cash conversion cycle matter for good cash management. Finally, we discuss how a firm can optimally invest its idle cash.
