Directors: Qualification/disqualification‚ appointment‚ duties and liabilities of directors. Also‚ explain ‘independent directors’ and their responsibilities. Company law in Malaysia is governed by Companies Act 1965. This Act is modelled on English Companies Act 1948 and Australian Uniform Companies Act 1961. Therefore‚ references will be made to English and Australian cases for interpretation of the law on certain areas. In every company there are directors to manage and direct the company.
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a) Explain and distinguish between the terms: Financial gearing Optimal capital structure Financial gearing: Financial gearing is a percentage of debt capital in the company’s capital structure. If company has high gearing that means a company borrow a lot debt capital. (Main text book). Optimal capital structure: The optimal capital structure for a company is one which offers a balance between the ideal debt-to-equity range and minimizes the firm’s cost of capital. b) Explain why the
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Case List – BUSL301 The following list is a guide only – the cases that are most likely to be mentioned in lectures are bolded – most of the cases in this list (or other cases that may be mentioned) will be referred to in one or both of your texts – it is very likely that in the normal course of your reading you will come across these cases – note that cases not on this list‚ particularly relevant recent cases‚ may also be discussed in class – how to use cases and what is expected of students in
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Introduction Merger and acquisition both are strategic decision and an aspect of corporate strategy. One plus one makes three: this equation is the special alchemy of a merger or an acquisition. The key principle behind buying a company is to create shareholder value over and above that of the sum of the two companies. Two companies together are more valuable than two separate companies - at least‚ that’s the reasoning behind merger and acquisition. Most histories of merger and acquisition begin
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Kmart Inc. and Builders Square Case 1. What happens if Kmart ’s managers decide NOT to accept the Leonard Green offer? If Kmarts managers decide not to accept the offer they become limited in their options: ● They can continue to wait for a better bid‚ but they have struggled to get any one interested in their company as it is. If they decide to turn down Green‚ but end up not securing another buyer‚ they would be forced to return to Green who could offer a much lower bid because Kmart
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to its assets and liabilities through a separate sales procedure. In the case of the seller‚ any unsold assets or liabilities may be used to continue the business (in the case of a partial transfer of business) or must go through a closure and liquidation process (transfer of the entire business). However‚ business transfer specifies each asset and liability to be transferred‚ and therefore the purchaser is theoretically not responsible for non-definable rights and duties. However‚ a merger can be
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commander of Einsatzkommando 3‚ a killing unit of Einsatzgruppen A‚ attached to Army Group North during Operation Barbarossa. The Jäger Report is a tally sheet of a single Einsatzgruppen division. The report kept an almost daily running total of the liquidations of 137‚346 people‚ the vast majority Jews‚ from 2 July 1941 to 25 November 1941. The report documents exact dates and places of the massacres‚ the number of victims and their breakdown into categories ;Jews‚ communists‚ criminals‚ etc. In total
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were under the assumption that they needed to protect these women. Instead‚ these women embraced the violence. One example of this environment was when Vera Wohlauf‚ a wife of an SS officer‚ was present at the liquidation of the Miedzyrzec-Podlaski ghetto. Wohlauf enjoyed being at the liquidation and made other officers uneasy because she was pregnant and they wanted to set a boundary between home and violence. For these accomplices‚ no boundary between home and violence existed. Meier‚ who was having
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first hand accounts give us an accurate idea of visuals. Both Hiroshima and Schindler’s List gives the reader very full descriptions on what multiple people are seeing. In Schindler’s List there is a section description of Schindler witnessing the liquidation of a ghetto. “They rampaged through the fetid apartments; as a symptom of their rush‚ a suitcase flew from a second story window and split open on the sidewalk. And‚ running before the dogs‚ the men and women and
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REVIEW QUESTIONS FOR TEST 1 (MULTIPLE CHOICE‚ SHORT ESSAY‚ FILL-IN-THE-BLANK ETC.) LECTURE 1 A. List the three basic forms of business organizations. PROPRIETORSHIP (about 75% of all businesses) - Ownership is by one person‚ who operates for his/her own profit. a) Strengths (1) Owner receives all profits and/losses (2) Low organizational costs (3) Single tax—individual (4) Independence (5) Secrecy b) Weaknesses: (1) Unlimited Liability (2) Limited fund-raising power
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