The Salomon & Co.[1] case brought about the most significant decision ever laid down in Company Law. The House of Lords decision is the leading authority on the principle that the company [2]‚ which is incorporated under the Companies Acts 1963 is a separate legal entity‚ separate from its members and capable of having a corporate personality of its own‚ as Lord MacNaghten stated in Salomon “a different person altogether”[3]‚ from that of the members‚ almost depicting a fictional character capable
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------------------------------------------------- Salomon v A Salomon & Co Ltd From Wikipedia‚ the free encyclopedia Salomon v A Salomon & Co Ltd | Whitechapel High Street | Court | House of Lords | Citation(s) | [1897] AC 22 | Case history | Prior action(s) | Broderip v Salomon [1895] 2 Ch. 323 | Case opinions | Lord Macnaghten‚ Lord Halsbury and Lord Herschell | Keywords | Corporation‚ separate legal personality‚ agency | Salomon v A Salomon & Co Ltd [1897] AC 22 is a landmark UK
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management on the part of the houses and creation of a more conducive operational environment by the regulatory authorities. The paper concluded by indicating that in the long run‚ the efficiency and competence of the houses in the discharge of their responsibilities would determine their relevance and survival rather than imposition of assigned areas of specialization through guidelines. 1. INTRODUCTION however‚ the emergence of discount houses as major operators in the money markets of some economies
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Introduction ‘Corporate social responsibility (CSR) is a long-term strategy‚ uniquely relevant to the twenty-first century‚ in which responsible social change can become a source of innovation and profits rather than added cost‘ (Vogel‚ David J‚ 2005‚ p.19). ‘Those that don’t make that effort won’t be a problem because ultimately they won’t be around.’ (L. Hunter Lovins‚ 2006‚ p.26). Obviously‚ CSR is no longer a new strategy to companies nowadays. In terms of definition‚ Carroll (1991) suggests
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Corporate Social Responsibility task 3 Using my research and the information I have gathered on my 3 business‚ the John Lewis partnership‚ McDonalds and ASDA‚ I am now going to evaluate the effect these businesses have on their local community and decide how they benefit and impact the community. John Lewis Partnership The John Lewis Partnership is probably the business that has the best impact over all as it focusses on promoting what it has done to increase its CSR. One thing it has done is
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Industry Analysis of Adidas using Porter’s Five Forces ADIDAS ‚ the world famous brand in Sports wear industry adopts some unique strategies to remain as one of the major player in the global market though there is stiff competition .Using Porter’s Five Forces‚ we are analysing the strategies adopted by ADIDAS in this Case Analysis. Degree of Rivalry of ADIDAS Adidas is competing in the market with many rival firms including the world leaders Nike‚ PUMA‚ FILA etc. The rivalry among existing competitors
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Social Business / Enterprise & Poverty Certificate Project Education and Corporate Social Responsibility HEC Paris 2010 Social Business/ Enterprise & Poverty Certificate Project Education and Corporate Social Responsibility Rong GAO “We cannot afford to create a lost generation of children deprived of their chance for an education that might lift them out of poverty.” – Irina Bokova‚ UNESCO Director‐General 1 Social Business / Enterprise & Poverty Certificate Project
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Social Responsibility | This Document Differentiates And Defines Core Social Responsibility Concepts‚ How They Intertwine The Views Of Such‚ While Debating The Benefits Of Social Responsibility In The Corporate World. | | Shannon McDermott | 11/20/2012 | Course: Introduction to ManagementLecturer: Miss. Grant | This Document Differentiates And Defines Core Social Responsibility Concepts‚ How They Intertwine The Views Of Such‚ While Debating The Benefits Of Social Responsibility In
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ACKNOWLEDGEMENT We would like to thank Mrs. M. V for giving us this opportunity to study the Social Responsibility in business. We would like to thank Mr. Rajesh Thomas (DGM - Compass Group Pvt. Ltd.) ‚ Mr. Senthil Kumar (Manager -Lovely Offset Printers Pvt. Ltd.) ‚ Mr. Ramachandran (Director – Kaushalya Aqua Marine Products Exports Pvt Ltd.) for their valuable time and their cooperation in sharing the necessary information. We would also like to thank the employees and customers of all the
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Social Responsibility Milton Friedman was the author of an informative and eye-opening article titled‚ "The Social Responsibility of Business is to Increase its Profits." Within this article‚ Friedman explains in complex detail about the notion of "social responsibility" of businessmen within a corporate environment. Friedman argues that businessmen are only out for one particular goal. That goal would be to increase their profits. Throughout Friedman’s article he is continuously emphasizing
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