205 Page 1 of 6 SECTION 205 DIVIDEND TO BE PAID ONLY OUT OF PROFITS Dividend declared at extraordinary general meeting of company - Whether permissible The query has been raised whether a company is prohibited from declaring a further dividend at a general meeting of a company other than the annual general meeting after a dividend had already been declared at an annual general meeting. Such a situation could arise‚ for example‚ when after declaring a dividend at an annual general meeting‚ the
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Determinants of Demand The concept of Determinants of Demand has coined from the Economics. The financial section of the world is the transient one. With the change of situation‚ it also changes its phase. Based on this‚ the curve of Demand changes its position in the Demand Graph. By seeing the curve lines in the graph‚ economists can determine the present demand background in the financial arena. Starting from unlocking the demands of a country’s financial background to any particular firm’s
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The Lahore Journal of Economics 15 : 1 (Summer 2010): pp. 1-26 The Determinants of Pakistan’s Trade Balance: An ARDL Cointegration Approach Waliullah*‚ Mehmood Khan Kakar‚ Rehmatullah Kakar and Wakeel Khan ** Abstract This article is an attempt to examine the short and long-run relationship between the trade balance‚ income‚ money supply‚ and real exchange rate in the case of Pakistan’s economy. Income and money variables are included in the model in order to examine the monetary and absorption
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The Journal of Commerce‚ Vol. 4‚ No. 1‚ ISSN: 2218-8118‚ 2220-6043 Hailey College of Commerce‚ University of the Punjab‚ PAKISTAN DETERMINANTS OF SYSTEMATIC RISK Muhammad Junaid Iqbal1 Dr. Syed Zulfiqar Ali Shah2 Risk associated with investment defines the return that an investor wants from his/her investment. There is a direct association among risk and expected return. It means that if uncertainty on any investment is higher it will also increase the expected return of that particular
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can influence the health and well-being of an individual. There are twelve determinants of health that help not only to define health‚ but also to assist in understanding the problems and health concerns within society. All of these determinants are interrelated and can have different effects on someone’s health (Potter & Perry‚ 2010). A single negative determinant in one’s life can affect a large aspect of other determinants that can result in health problems or other situations that can negatively
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recommended PA guidelines during the interview – “I only do 60 minutes maximum per week‚ which is not enough”. Further questions revealed Jakes determinants towards PA‚ which are explained below. Determinants During the interview the determinants of Jake were found. These can be broken up into 3 major factors; individual‚ environmental and cognitive. Individual determinants are more specific about the individual themselves‚ for example someone’s age and gender‚ De Moor et al (2006) research demonstrated
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Personality Determinants On this reflection paper‚ I want to argue personality determinants which were our second discussion in our second lesson. First of all‚ I believe that to be successful on one thing‚ heredity is not crucial point to discuss on that matter. There are some advantages that your family is successful in life‚ because the legacy is truly permanent. However‚ it is not the main point to be success the goals in life. About personalities‚ the genes are effective but the environment
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DETERMINANTS OF DEMAND The determinants of individual demand of a particular good‚ service or commodity refer to all the factors that determine the quantity demanded of an individual or household for the particular commodity. 1) INCOME Income is one of the factors that affect the demand for a given product. Normally‚ we expect that as one’s income rises (falls)‚ the demand for a product will rise (fall). Because we normally expect this to be true‚ a good for which this statement
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September 2‚ 2013 A. Define the Determinants of Morality The determinants are essential features of morality that point to the rightness or wrongness of an action. It enables us to perceive the specificity of morality. Only human person act for a reason‚ a purpose‚ and for an intention or goal because it is only the human persons who are created with the intelligence and the freedom to choose from good and evil. The three determinants of morality are the Object of the Act (Finis Operis)
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CORPORATE DIVIDEND PRACTICE One consideration is the desire to have a relatively stable dividend; the second is the desire to pay out‚ in the long run‚ a given fraction of earnings. This fraction is usually referred to as the payout target. These objectives may be conflicting. Earnings tend to fluctuate substantially from year to year. If a corporation routinely paid out a given fraction of those earnings as dividends‚ then the dividend itself would tend to fluctuate drastically from year to year
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