Module Title: Company Law Company Law Assignment – Question A In this assignment‚ I will identify the theory of a corporate personality‚ demonstrate why companies exist autonomously from their promoters or owners‚ introduce the concept of a company having a corporate veil‚ and finally to identify why there is such controversy around the notion of a court lifting the corporate veil‚ with a focus on ‘sham’ companies. The theory of a company having a separate legal personality comes from the introduction
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054VJ CORPORATE ENTREPRENEURSHIP – A FRAMEWORK FOR COMPETITIVENESS Dr. Vinnie Jauhari Associate Dean Institute for International Management & Technology Udyog Vihar Phase IV Gurgaon 122 001 E mail : vinnieverma@hotmail.com Ph. : 98 100 32324 Fax : (0124) 6397784 ________________________________________________________________________ ABSTRACT Corporate Entrepreneurship has of late evoked interest from practitioners of management and academicians. It refers to entrepreneurship in established firms
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How compelling are Hayek ’s epistemological arguments against central planning and in defense of market economies? Introduction This paper discusses the epistemological arguments of Austrian born economist Friedrich Hayek against central planning and in defense of market economies. Personally‚ I believe that Hayek’s views in this regard are logical and theoretically well grounded. Therefore‚ throughout the essay I will try to demonstrate the soundness of Hayek’s arguments. This
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Corporate Fraud I. Introductions a. Fraud in the accounting environment is on the increase. b. Fraud takes place in different forms in the accounting environment. II. The growing risk of fraud and corruption a. Local problems‚ global pain b. Awareness is crucial c. Tailoring efforts to avert damage III. Preventing Fraud a. Background checks and enhanced due diligence b. Monitoring and evaluating preventive controls c. Continuous controls monitoring IV. Can we eliminate fraud and corruption
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Corporate Culture The culture of an organization is the set of values‚ beliefs‚ behaviors‚ customs‚ and attitudes that helps its members understand what the organization stands for‚ how it does things‚ and what it considers important"(Griffin‚ 49). In other words‚ "the way things work around here" (Dr. Williams). In order for any small business or large corporation to be successful‚ the employees must understand what is expected of them. While things might be slightly different in a large corporation
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Introduction Nowadays，the insurance industry has become an important part in our daily life.It is reported by Carow(2010) that nearly 70% people have bought certain kinds of insurance. Bancassurance‚as an newly developed branch of insurance‚ is a collaboration between a commercial bank and an insurance company‚ aiming at selling insurance business to the bank’s clients. In recent years‚ Bancassurance has become an indispensable part of the modern life for British people. It is reported that Bancassurance
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"Corporate Fraud" when you hear those words the first‚ most recent incident‚ many think of is The Enron Scandal. This same scandal produced the Public Company Accounting Reform and Investor Protection Act of 2002. This much needed act created the Public Company Accounting Oversight Board under the Security Exchange Commission ’s supervision. This board sets accounting standards and investigates Certified Public Accountants and companies to ensure they are following the guidelines set forth. This
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HIPAA Compliance – Clear Cut Facts To Safeguard Your Cannabis Business What is HIPAA all about and why should you care about being HIPAA compliant? Medical marijuana‚ like any controlled substance‚ requires a strong system of identifying patients properly. Dispensaries use computerized systems to process and verify patient health information (PHI). This can pose certain risks‚ including security breaches. These systems are subject to the Health Insurance of Portability and Accountability Act of
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In 1992 the Cadbury Committee produced the very first version of corporate governance. Corporate governance is a system which helps control and direct companies. It establishes a key relationship between the board of directors and shareholders. Corporate governance aims is to look after the interests of shareholders and not directors‚ and also enhance the value of those interests. It’s believed the UK Code is cheap for businesses to adopt given the long term growth and success they will experience
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The Corporate Manslaughter and Corporate Homicide Act 2007 The Act The Corporate Manslaughter and Corporate Homicide Act 2007 took effect on 6 April 2008. Companies‚ organisations and Government bodies can now be prosecuted as a consequence of a gross breach of the duty of care resulting in the death of an individual‚ if ‘the way in which its activities are managed or organised by its senior management is a substantial element in the breach’ (Section 1(3)) [1]. Prior to 2007‚ successive Governments
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