“A company or a corporation is an ‘artificial person’ created by law.” Discuss. Introduction A company or a corporation is an artificial person not natural person. Artificial person are such as are created and devised by human laws for the purpose of society and government which are called corporation. Such artificial persons‚ known as corporation‚ possess similar rights and owe similar obligation as natural person‚ but have no physical or natural existence. The law in creating legal persons always
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How do Global Corporations Affect National Economies – Key Economic Indicators The growing size of the Multinational Companies around the world; their global operations and financial practices pose some serious questions about the implementation of best practices that do justice to everyone‚ including the countries with less developed economies‚ where many of these corporations operate. Global Corporations may create problems regarding the national balance of accounts. Every company operates globally
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the British and American navies. Morison discusses (1) conditions that foster technological innovation‚ (2) reactions to the changes produced by innovation‚ and (3) the elements of an adaptive society. The Cogan and Burgelman (2004) case‚ “Intel Corporation: The DRAM Decision”‚ paired with the aforementioned reading‚ recounts Intel’s encounter with technological change and how they came to exemplify the idea of an adaptive society. Discussion DRAM Decision Throughout its history‚ Intel has
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1. What are several red flags that E&Y either was or should have been aware of in the audit of HealthSouth? Overall‚ there were three “red flags” E&Y was not aware of during the audit. First‚ they neglected the 500% net income increase from 1999-2001. This should have raised awareness because revenues only increased by 5% during that same period. Second‚ the internal auditors were denied access to some of the corporate ledgers. E&Y should have seen this as being one of the largest red flags. Third
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Knowledge flows within multinational corporations (article 5) 7 Knowledge sharing within MNCs’ 8 Articles 2 & 3 – analysis and comparison 8 Article 5 – analysis & comparison 9 Articles 1 & 4 – analysis and comparison 10 Conclusion 11 Articles 1 & 4 – Synthesis 11 Articles 2 & 3 – Synthesis 12 Article 5 – Synthesis 12 References 13 Books 13 Articles in journals 13 Contributions of the students 14 Optimal knowledge sharing in multinational corporations and their subsidiaries Abstract
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Adelphia Communications Corporation Adelphia Communications Corporation was one of the largest cable and internet providers in America prior to its declaration of bankruptcy in 2002 due to internal corruption. The executive officers of Adelphia inflated the stock price of the company by falsifying their financial records as well as funneling their debts into other smaller firms so that the large amounts of debt did not show on their financial reports. This lead investors to believe the company
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The Target Corporation is an upscale retail store. Their slogan “Expect More-Pay Less”‚ lends itself to their belief that they offer high quality and trendy products at a reasonable discount price. Target also has expanded its store into an online store Target.com‚ the Super Target which offers groceries. The Target store has much strength that makes it stand apart from other super discount retail stores. I looked into these strengths‚ along with weakness‚ through research material and surveying
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Introduction In the recent decade‚ international human resource management (IHRM) experienced tremendous research growth due to the increase number of organizations begun to extend their businesses into overseas markets. Multinational Corporation (MNC) is the term used to describe a business with overseas operation. Some of the main reasons for the growth of interest in IHRM are: 1) the number of MNC has increased with rapid growth of global competition which resulted in increased mobility of
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MULTINATIONAL CORPORATIONS’ ACTIVITY IN RUSSIA: PROBLEMS AND PROSPECTS Aliyev E. V.‚ 3rd year‚ Institute of Economics‚ Management and Environmental Studies‚ Siberian Federal University Supervisor- Berezova K. G. One of the most actual tendencies associated with globalization is a growing influence of multinational corporations (MNCs) on local economical environments. During recent decades‚ Russia turned from an isolated economic unit to a host country for foreign capital flows. Multinational
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Marriott Case 1. What is the WACC for Marriott Corporation? Cost of Debt Tax Rate We determined this number by taking income taxes paid/EBITDA = 175.9/398.9 = 44.1% Return on debt There are two clear components of debt: fixed and floating. In order to get the fixed debt rate we took the interest rates on fixed-rate government securities and added the premium
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