person and limited liability which are embodied in the doctrine of corporate veil under company law. However‚ some businessmen‚ law scholars and the public at large argue that corporate veil is nothing but a fallacy meant to dupe business people into a false sense of security. The following presentation seeks to discuss this assertion‚ bringing out the significance and exceptions of the concept of corporate veil. The doctrine of corporate veil emanate from the ruling of the case of Salomon vs Salomon
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I. Study Summary The objective of this paper is to examine the relationship between corporate governance on dividends payout in Canada to better understand "why companies pay dividends". In the light of agency theory‚ Adjaoud and Ben-Amar tested two competing hypothesis‚ which are outcome and substitution hypothesis. They chose Canada to examine the relationship between corporate governance and corporate dividend payments for two reasons; first‚ the comparability between Canada and USA from
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information: http://www.informaworld.com/smpp/title~content=t901682222 Travelling with a Purpose: Understanding the Motives and Benefits of Volunteer Vacationers Sally Brown a a Department of Hospitality and Tourism Management‚ Purdue University‚ Indianapolis‚ Indiana‚ USA To cite this Article Brown‚ Sally(2005) ’Travelling with a Purpose: Understanding the Motives and Benefits of Volunteer Vacationers ’‚ Current Issues in Tourism‚ 8: 6‚ 479 — 496 To link to this Article: DOI: 10
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ITC’s Dairy Development Initiative CSR or CSV Submitted to Instructor: Prof. Asha Kaul Academic Associate: Sudhir Pandey In partial fulfillment of the requirements of the course Communicating Corporate Reputation By Jyotirmoy Pathak PGP – 12126 Section – A On 20th August 2013 INDIAN INSTITUTE OF MANAGEMENT‚ AHMEDABAD ITC Limited: A Prologue The journey that began way back in 1910 was very straight and simple for ITC Limited with only tobacco and tobacco products in their portfolio
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Restructuring the Marketing Function for Greater Efficiency Word count: 5‚910 Table of Contents Table of Contents 2 Executive Summary 4 Task 1 5 Identify the key challenges and issues that changes in the marketing environment pose for both the relationships within the marketing department and those with other departments. 5 Evaluate the effect of these relationships on marketing performance and so identify the implications for the current marketing team structure 5 Economic instability
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REPORT RE: RECENT ACCOUNTING AND CORPORATE GOVERNANCE SCANDALS Contents INTRODUCTION: 3 CORPORATE GOVERNANCE 5 CORPORATE GOVERNANCE IN IRELAND 5 RESPONSE FROM REGULATORS TO THE MOST RECENT SCANDALS IN BANKING SECTOR 7 US CORPORATE GOVERNANCE at a time of Tyco scandal 8 RESPONSE FROM THE REGULATORS -SARBANES-OXLEY ACT 2002 9 AUDIT 10 EXTERNAL AUDIT 10 INTERNAL AUDIT 11 INTRODUCTION TO ANGLO IRISH BANK 12 The Scandals 12 Loans to Sean Fitzpatrick 13 Irish Life and Permanent
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create a sustainable environment in order to achieve long-term profits. While all of the above relationships are valuable‚ none should be dominant over the others. The CEO should be accountable to set up a holistic strategy that captures the needs of corporate governance‚ which “emphasized a manager’s accountability to multiple constituencies besides the shareholders” (1). This will allow the organization to maximize its value in the long term. Companies are networks of parties and people working together
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patrolling the deck of the Santa Maria at about 10:00 PM on October 11‚ 1492‚ Columbus thought he saw "a light glimmering at a great distance." This took place in the Atlantic Ocean. Allegedly‚ UFO’s have been around before the time of Adam. The theory behind this is that Holy scriptures confirm Adam as the ‘first man’ this does not necessarily infer to him being the first of created beings‚ rather the first human; you and I. There has been vast number of eyewitness accounts from all around the world that
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Behind Closed Doors at WorldCom: 2001 Zekany‚ Kay E;Braun‚ Lucas W;Warder‚ Zachary T Issues in Accounting Education; Feb 2004; 19‚ 1; ProQuest Central pg. 101 Behind Closed Doors at WorldCom: 2001 Kay E. Zekany‚ Lucas W. Braun‚ and Zachary T. Warder ABSTRACT: WorldCom was a large telecom company that enjoyed an almost meteoric rise during the 1990s but ran into trouble in the early 2000s. 2001 was particularly difficult. This case gives future generations of accountants the opportunity
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CORPORATE GOVERNANCE Corporate governance involves a set of relationships amongst the company’s management‚ its board of directors‚ its shareholders‚ its auditors and other stakeholders. These relationships‚ which involve various rules and incentives‚ provide the structure through which the objectives of the company are set‚ and the means of attaining these objectives as well as monitoring performance are determined. Thus‚ the key aspects of good corporate governance include transparency of corporate
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