Bulanday‚ Monica Patricia Camille A. 4MKTG02 Social Responsibility Prof. Stella A. Yanuaria August 31‚ 2010 SM INVESTMENTS CORPORATION Code of Ethics/Policies SMIC adopted a Code of Ethics on September 21‚ 2007 to re-affirm the company’s commitment to the highest standards of ethics‚ good governance‚ competence and integrity in pursuing the company’s mission and vision to serve the
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Thirdly‚ in 1856‚ Australian inventor James Harrison‚ used ammonia on experimental basis but used ether in the equipment that was previously constructed. Then‚ in 1902‚ Willis Carrier‚ the “Father of Air-Conditioner” designed humidity control for a new air-cooling system and pioneered modern air conditioning. Willis Carrier also originated the carrier equation upon which the psychometric chart and all air conditioning is based. Later‚ in 1906‚ Stuart Cramer‚ engineer in North Carolina
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Assignment Corporation Law (CLW 3100) Name: Phuong Thao‚ Nguyen Student ID :121946 Introduction: This case is related to the director’s duties. According to the Corporation Act‚ five directors of De-Caffeine Delights have breached their duties as directors. There are 5 issues in this case: 1.Costa‚ De-Caffeine’s CFO reported wrong financial status and other directors‚ Elliot‚ Chloe and Raj‚ didn’t read financial report carefully. 2. The board decided to pursue an aggressive marketing campaign
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Limited Liability Corporation and Partnership FIN419 - Finance for Decision Making Date Instructor’s name Limited Liability Corporation and Partnership Paper Limited Liability Corporation and limited liability partnership are two of several types of structures that individuals can give thought to forming when starting a business. To form a corporation each member has limited liability‚ but the corporation has full liability. Forming a partnership requires at least two people‚ which
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------------------------------------------------- The Corporation: The Pathological Pursuit of Profit and Power ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- In today society‚ the modern corporation according to Joel Bakan‚ is singularly self-interested‚ regardless of the harmful consequences it might cause to other. Bakan also stated that the corporation is a "pathological" entity. The so-called
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the following duties: 1) duty of care – duty to make/delegate decisions in an informed way; 2) duty of loyalty – duty to advance corporate over personal interests; 3) duty of good faith – duty to be faithful and devoted to the interests of the corporation and its shareholders; 4) duty not to “waste” – duty to avoid deliberate destruction of shareholder value. There is no reason to believe that the duties of Vector’s board should be any different. The major conflict between Vector’s board and its
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Running Head: Limited Liability Corporation and Partnership Paper Limited Liability Corporation and Partnership Paper University of Phoenix Michael Charley FIN/419 - FINANCE FOR DECISION MAKING Finance 05/17/2011 - 06/20/2011 Instructor: TONY MOSES In today’s economy there are many decisions business owners have to make in order for their business to sustain and grow. With that being said‚ business owners are now looking at the operations and structure of their business more frequently
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Multinational Corporation‚ and Religiosity Over time‚ the raising issue on agency theory where conflict of interest between shareholders who act as the principal and managers who act as the agent has become a big research topic in corporate governance. Fama and Jensen (1983) argue within large and small organizations there is control instrument that deals with the agency problem caused by the separation of ownership and control. The same issue intensifies within multinational corporations (MNCs). Owners
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A Multinational Corporation has been described as one that has production facilities or other fixed assets in at least one foreign country and makes its major management decisions in a global context. In marketing‚ production‚ research and development‚ and labor relations‚ its decisions must be made in terms of host-country customs and traditions. In finance‚ many of its problems have no domestic counterpart-the payment of dividends in another currency‚ for example‚ or the need to shelter working
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Enron Corporation (former NYSE ticker symbol ENE) Enron Corporation (former NYSE ticker symbol ENE) Cierra Gause Abstract This paper will describe the legal environment of business‚ the sources of American law‚ and the basis of authority for government to regulate business‚ differentiate between civil law and criminal law and describe the various classifications of crimes as it relates to Enron and the scandal the caused their downfall by using technology and information resources to research
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