www.thetimes100.co.uk Business ethics and corporate social responsibility Introduction Anglo American is one of the world’s leading mining companies. It is a UK public limited company and operates on a global scale. Anglo American operates mainly in the primary sector of the world economy. This‚ as the name suggests‚ covers industries involved in the first stage of economic activity‚ such as mining and agriculture. Anglo American operates throughout the world. It has extensive operations in
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1. INTRODUCTION Equity is defined by a complex mathematical formula‚ but in practice it is described as relationship‘s fairness between people in one society. Equity theory is social justice theory‚ designed by Adams in 1963. It claims that individuals review the inputs and outcomes of themselves and others‚ and in situations of inequity‚ experience greater cognitive dissonance than individuals in equitable situations. This kind of equity is perceived as social justice in society (or company
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1.0 Executive Summary The main purpose of this report is to give some advices to Peter who retired as an engineer and never contact with business in the past. Through this report‚ firstly‚ you can see several forms of business organization which are sole proprietorship and partnership. Secondly‚ it will show that some background about Peter and some advices to him. Then‚ it is about introduction of accounting and benefits of an accounting system with a flow chart of a simple accounting system. Finally
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a bitch”. Throughout Homer’s epics‚ the gods display human emotions such as anger and love. They were petty‚ having numerous sexual affairs with humans. And like humans‚ they even shared a diverse personality range. Each god acted very differently from the other. Zeus‚ for example‚ was a womanizer and could even be viewed as a knave. Whereas Neptune loved humankind; always helping humans in need. Or Poseidon‚ as seen in the Odyssey‚ liked to hold a grudge on Odysseus for blinding his son. The gods
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1 The statement by Henry Kravis that private equity was in its “golden era” might sound like hubris to the unacquainted observer but may actually not be far off from the reality given the growth of private equity funds under management since the advent of large-scale leveraged buy-outs (LBOs) in the 1980s. Henry Kravis as a principal partner in Kohlberg‚ Kravis & Roberts (KKR) pioneered LBOs in the late 1970s and KKR has been a major private equity firm since having reportedly invested in over 160
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Confessions of a Liberal Gun Owner . I am a New England liberal‚ born and bred. I have lived most of my life in the Northeast — Boston‚ New York and Philadelphia — and my politics are devoutly Democratic. In three decades‚ I have voted for a Republican exactly once‚ holding my nose‚ in a mayoral election in which the Democratic candidate seemed mentally unbalanced. I am also a Texas resident and a gun owner. I have half a dozen pistols in my safe‚ all semiautomatics‚ the largest capable of
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controls are put into place to reduce the possibility of fraud‚ waste‚ and abuse (FWA) on the annual financial reports of a company. “The Commission voted to adopt rule and form amendments to implement requirements of Section 404 of the Sarbanes-Oxley Act of 2002” (SEC‚ 2003). Section 404 is one of the hardest‚ most argued‚ and most expensive to actualize of all Sarbanes-Oxley Act (SOX) for compliance. There must be an Internal Control Report explaining what the managements job is‚ and a “satisfactory”
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Equity Theory of Motivation The equity theory of motivation is used to describe the relationship between the employees perception of how fairly is he being treated and how hard he is motivated to work Motivation is the activation of an energized goal-oriented behavior. Everyone takes up a job as they are motivated by some factor or the other. Some are motivated by the challenge they will face in carrying out their job‚ some are motivated by the level of fame they may earn‚ others and
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Ilduara Busta Corporate Governance in Banking A European Study Corporate Governance in Banking A European Study ISSN 0906-6934 ISBN 978-87-593-8365-0 The PhD School in Economics and Business Administration CBS / Copenhagen Business School PhD Series 15.2008 CBS PhD nr 15 Ilduara Busta - OMSLAG.indd 1 10/06/08 13:53:41 Corporate Governance in Banking Ilduara Busta Corporate Governance in Banking A European Study CBS / Copenhagen Business School The PhD School
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whereby‚ in return for the payment of premium by the insured‚ the insurers pay the financial losses suffered by the insured as a result of the occurrence of unforeseen events. The term "risk" is used to describe the possibility of adverse results flowing from any occurrence or the accidental happenings‚ which produce a monetary loss. Insurance is a pool in which a large number of people exposed to a similar risk make contributions to a common fund out of which the losses suffered by the unfortunate
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