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The Choice of the Proper Profit Objective
The Choice of the Proper Profit Objective The author, noting the inadequacy of traditional ‘rules of ... current value, the profit objective can be expressed as maximizing ‘the present value of book profits ...- Authors: Robert L Collett, Vincent Granieri, Claude Y Paquin, Harry Ploss, Bradley M Smith, Donald R Sondergeld, James P Walsh
- Date: Oct 1983
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context
- Publication Name: Transactions of the SOA
- Topics: Finance & Investments>Capital management - Finance & Investments
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Surplus
principles which should govern the determination of the respective proportions of earnings to be allocated ... stockholders, the level of contingency reserves and surplus which should be maintained, and looks at the extent ...- Authors: Society of Actuaries, J Gordon Beatty, Frank M Redington, Arthur G Weaver, Dennis N Warters, M R Dodson, Richard Humphrys
- Date: Oct 1953
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Professional Values>Public interest representation
- Publication Name: Transactions of the SOA
- Topics: Finance & Investments>Capital management - Finance & Investments; Public Policy