Tag: between

Conflict between Managers and Shareholders

In the catechism of capitalism, shares represent the part-ownership of an economic enterprise, usually a firm. The value of shares is determined by the replacement value of the assets of the firm, including intangibles such as goodwill. The price of the share is determined by transactions among arm’s length buyers and sellers in an efficient and liquid market. The price reflects expectations regarding the future value of the firm and the stock’s future stream of income – i.e., dividends.

Relationship Between PageRank And Number Of Backlinks

On the forums or by email I am often asked the following sort of question: “How many Backlinks do I need to get in order to have PR5?”. The answer is simple and always the same one: “This question cannot be answered because the PR doesn’t only depend on the number of backlinks, it also and above all depends on the PR of each of those links…” Or to put it differently, a page can have PR5 with a single backlink whereas another one can have 3,000 backlinks and PR5 too.

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