"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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Corporate restructuring : Corporate restructuring refers to the changes in ownership‚ business mix‚ assets mix and alliances with a view to enhance the shareholder value. Purpose of Corporate restructuring : 1. To enhance the shareholder value 2. To utilize the assets properly 3. To get profitable investment opportunities 4. To diverse the business 5. To reduce cost of capital by designing innovative securities through corporate restructuring Types of Corporate restructuring :
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2014/10/3 Criminal Law Hanif Mughal (麥 嘉 豪 ) Adjunct Associate Professor ( 兼任教授) Barrister-at-law ( 大律師 ) DLS 2 BRIEF - Lecture 1 (A).General Introduction (B). What is a crime? (C). Principles of Criminal Liability Chapters 1‚ 2 and 4 of the Workbook and some additional information 2 (A) General Introduction 1.General Principles. 2. Law regulates conduct in society. 3. Division of Law into civil and criminal law. 4. Civil Law – disputes between individuals. 3 1 2014/10/3 5. Criminal Law -
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is in conflict with the conclusion in Byrne. Francis J. on Sikora is of the opinion that “if the law were to accept a medical doctrine‚ as established by Dr Galen on the case‚ the legal doctrine of mens rea would all but disappear from the law and criminal responsibility would vanish”. Conclusively‚ whatever the mental health of the defendant‚ an intention is still sufficient mens rea of a crime. Oblique intention is whereby the defendant foresees the consequence of his actions as virtually certain
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MGMT640 – Textbook Notes PART 1 FUNDAMENTALS OF CORPORATE FINANCE Chapter 1 – The Financial Manager and The Firm 1.1 The Role of the Financial Manager * financial manager should make decisions that maximize value of owners stock/wealth – wealth is the economic value of the assets someone possesses * stakeholders – anyone other than an owner (stockholder) with a claim on the cash flows of a firm‚ including employees‚ suppliers‚ creditors‚ and the government * productive
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2 The elements of an offence Contents Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12 2.1 2.2 2.3 2.4 General analysis of criminal offences . . . . . . . . . . . . . . . . . . . .13 Limitations on the value of the Latin terms actus reus and mens rea . . . . 14 Proof of the ingredients of an offence . . . . . . . . . . . . . . . . . . .15 Lawful excuse . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .16 Reflect and review . . . . . . . . . . . . .
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Categories of corporate restructuring Corporate Restructuring entails a range of activities including financial restructuring and organization restructuring. 1. Financial Restructuring Financial restructuring is the reorganization of the financial assets and liabilities of a corporation in order to create the most beneficial financial environment for the company. The process of financial restructuring is often associated with corporate restructuring‚ in that restructuring the general function
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CORPORATE FINANCE Master in Banking and Finance 2012 FINAL EXAM A. PROBLEMS (20 points each problem) 1. FAGE Manufacturing is currently an all-equity firm with 20 million shares outstanding and a stock price of $7.50 per share. Although investors currently expect FAGE to remain an all-equity firm‚ the company plans to announce that it will borrow $50 million and use the funds to repurchase shares. FAGE will pay interest only on this debt‚ and it has no further plans to increase or decrease
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Criminal Law LE1430 FRI/ AM April 5‚ 2013 Homework Assignment Page 54 a. What are the basic requirements for criminal liability? The basic requirements for criminal liability is the performance by a person of conduct which includes voluntary act or the omission to perform a duty imposed by law which the person is physically capable of performing. b.Under what circumstances may an individual be convicted of a crime by failing to act? An individual may be guilty of a crime by
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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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