Doctrine of Piercing the Veil of Corporate Entity Requires the court to see through the protective shroud which exempts its stockholders from liabilities that they ordinarily would be subject to‚ or distinguishes a corporation from a seemingly separate one‚ were it not for the existing corporate fiction (Lim vs CA‚ 323 SCRA 102) Extent: The application of the doctrine to a particular case does not deny the corporation of legal personality for any and all purposes‚ but only for the particular transaction
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employees‚ customers‚ shareholders‚ investors‚ suppliers‚ coffee farmers‚ local communities‚ and other business partners. Secondary stakeholders are media outlets‚ government‚ enviromentalist groups‚ and their competitors. . 5. Starbucks is using Corporate Social Responsibilty actions to tackle a lot of the issues they face. Starbucks defines CSR as conducting business in ways that produce social‚ environmental and economic benefits for the communities in which they operate and for the company’s stakeholders
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Riordan Corporate Compliance Plan LAW/531 January 28‚ 2013 Rich D’Ambrosio Riordan Corporate Compliance Plan A corporate compliance plan is a system that is designed to detect and prevent violations of the law by agents‚ employees‚ officers and directors of the business. Guidelines for penalties and punishment for corporate crime are needed to promote good working behavior. The penalties that are associated with these guidelines can range anywhere from fines‚ corporate probation
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9. Kinhdo.vn (2010) TẬP ĐOÀN KINH ĐÔ | Giới thiệu. [online] Available at: http://kinhdo.vn/Business/5/Kinh-Do-Overview.html [Accessed: 22 Feb 2013]. 10. Kinhdo.vn (2012) TẬP ĐOÀN KINH ĐÔ | Ban Điều Hành. [online] Available at: http://kinhdo.vn/Corporate-Structure.html [Accessed: 22 Feb 2013]. 11. VietNamNet (2012) Bánh trung thu Kinh Đô bị tố mốc đen. [online] Available at: http://vietnamnet.vn/vn/kinh-te/90854/banh-trung-thu-kinh-do-bi-to-moc-den.html [Accessed: 22 Feb 2013].
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Lecture Four – Topic 9 Directors’ Duties 2 Preparation: Read: Jason Harris‚ Anil Hargovan and Michael Adams‚ Australian Corporate Law (LexisNexis‚ 4th ed‚ 2013) Chapters 15‚ 16 Questions/Activities: 1. What is meant by good faith? 2. What are the company’s interests? 3. What are proper purposes? 4. How does a court resolve the purpose for which a power has been exercised where a director has more than one purpose? 5. (Seminar Problem) A tsunami hits
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Executive Compensation and the Dramatic Increase in Corporate Accounting Scandals According to one estimate‚ the total median CEO pay at the nation’s 350 largest publicly-owned firms grew from $2.7 million annually in 1995 to $6.8 million in 2005. The overall increase in CEO pay has outstripped inflation and the growth in non-managerial pay over the same period. Equally important is the trend in the composition of CEO performance-based pay which includes stock and stock option grants. Median
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One of the most controversial issues that has been widely debated over the last two decades is the corporate social responsibility of organizations. Opinions about business’s social responsibilities lie mainly between two extremes. At the one extreme is the classical view that states business is an economic institution directed towards profit whose only responsibility to society is to provide goods and services and to return maximum benefits to shareholders (Robbins‚ Bergman‚ Stagg and Coulter‚ 2003:
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Investigation of Japanese Corporate Culture‚ Its Trends And Changes Japanese Business & Culture bus 258.1 Table of Contents1.0 Introduction 2.0 Procedure 3.0 Findings 3.1 Changing social culture. 3.2 Business Culture in Japan 3.3 Why change is needed 3.4 What is Japan and her corporations doing to develop and change 4.0 Conclusion 5.0 Bibliography Japanese Business & CultureAn investigation Japanese corporate culture‚ its trends and
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International Business and Finance 29 (2013) 14–34 Contents lists available at SciVerse ScienceDirect Research in International Business and Finance j o ur na l h om ep ag e: w w w . e l s e v i e r . c o m / l o c a t e / r i b a f Does good governance matter to debtholders? Evidence from the credit ratings of Japanese firms Hiroyuki Aman a‚1‚ Pascal Nguyen b‚∗ a School of Business Administration‚ Kwansei Gakuin University‚ Uegahara‚ Nishinomiya‚ Hyogo 662-8501‚ Japan b Faculty of Business
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EXECUTIVE INCENTIVE SCHEMES: AN ANALYSIS OF THEIR INFLUENCE ON CORPORATE PERFORMANCE Most business environments are complex - with intensive competitive activity (including newcomers) and high stakeholder expectations. Thus ongoing improvements in corporate performance (including better resource allocation and asset utilisation) become critical factors for company profitability and sustainability of their business models. Consequently‚ many directors are getting substantial rewards
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