If we took the ICFM up to its ultimate consequences, then (1) would say that whatever the company creates ends up being distributed among creditors and equity-holders.
In next section, we are going to remold the ICFM, so as to avoid its current shortcomings.
In current university textbooks, when the conventional ICFM is introduced, some simplifications are understandable for the sake of illustration (see, for instance, the book by Ross et al.
In contradistinction with the right side of ICFM as portrayed in (1), now we get access to the main players in corporate governance:
Steven Lee, a director of the ICFM
, added: "It is not enough to say all profits will go to charity.
The two-day ICFM
will see auto manufacturers and experts from around the world participating and showcasing the latest on offer in future mobility.
Organised by Messe Frankfurt Middle East and hosted by the ESMA, the 3rd ICFM is held under the patronage of Dr Rashid Ahmed bin Fahad, UAE Minister of State and Chairman of the Board of Directors of ESMA.
The ICFM has made great strides toward that end and continues to provide delegates and government representatives an unmatched opportunity to meet and interact with leading international experts in the field and gain valuable learnings about the latest technological developments that are driving the industry," he added.
While some retailers locked in their promotional and basic programs following the hardware show, many are looking to the ICFM to add variety to their offerings.
Among Syroco's introductions at this year's ICFM is the Cascade Aluminum Sling Collection--a complete selection of extruded sling furniture including dining chairs, a double glider and a chaise lounge.
Tropitone will also unveil its Garden Collection at the ICFM.