Question 1 (1) The maintenance of share capital principle is share capital. Share capital is the contribution made by shareholder by subscribing shares of the company. A company’s creditors can only look to the share capital for payment in the event of a winding up. A general rule known as the rule in Trevor v Whitworth was established in order to protect shareholders and creditors. It prohibits a company from reducing its share capital due to a reduction in capital would prejudice the rights of
Premium Corporate governance Board of directors
anything in life being able to adapt to and comply with any given situation is certainly a skill to live by. Compliance is publicly acting in accord with social pressure‚ rules and regulations even if one may privately disagree with what they’re being told to do. This term best describes the behavior of a person who is motivated to gain reward or avoid punishment. On the level of compliance‚ many experimenters see little difference between animals and humans‚ because all organisms respond to rewards
Premium Prison Military
FIN/370 March 12‚ 2013 University of Phoenix Ethics and Compliance Paper Barnes and Noble is a Fortune 500 company and is the leader in the bookselling arena operating 1‚341 storefronts‚ 636 operations on college campuses servicing over 4.6 million students and faculty‚ and operates one of the largest ecommerce sites on the World Wide Web. Barnes and Noble employs over 35‚000 full and part time employees across the United States (www.barnesandnoble.com‚ 2011). Barnes and Noble and Microsoft
Premium Ethics Balance sheet Stock
rights and freedom of expression. Therefore‚ internet needs reasonable governance. What is internet governance? "The development and application by governments‚ the private sector and civil society‚ in their respective roles‚ of shared principles‚ norms‚ rules‚ decision-making procedures‚ and programmes that shape the evolution and use of the Internet."(UN Working Group on Internet Governance‚ 2005) Meanwhile‚ Internet governance is a ’network of networks’‚ involving many types of actor and a high
Premium Copyright History of the Internet Intellectual property
Urban Governance for sustainable development 1 URBAN GOVERNANCE FOR SUSTAINABLE DEVELOPMENT Dr. Alka Bharat‚ Professor‚ Dept. of Architecture & Planning‚ M.A.N.I.T.‚ Bhopal – 462007‚ India. E-mail: alka_bharat@yahoo.com Ms. Chandan Chawla‚ Architect / Urban Planner.E mail: ccassociates@rediffmail.com INTRODUCTION The importance of sustainability in the urban setting cannot be over emphasized‚ as it concerns the very survival of a city. Healthy cities contribute to a healthy nation. Clean
Premium City Local government Metropolitan area
social compliance & producer relation of Brac-Aarong: Executive summary: With the vision of enlightened‚ healthy and democratic societies free from hunger‚ poverty‚ environmental degradation & forms of exploitation BRAC started its journey in 1972 after the liberation war. The “BRAC model” comprises of a collaborative network of Enterprises‚ Development Programmess and Investments – all of which together serve the following comprehensive vision and objective of BRAC: * to empower
Premium Poverty
“Do Current Corporate Governance Practices Help Protect Investors’ Interests in Canada?” In the year 1720‚ the British parliament passed the Bubble Act. The act was passed to improve corporate governance and provide investor the protection from the companies making extravagant rumours to inflate stock prices. Over the years‚ many laws have been framed worldwide for protecting the shareholders from manipulations by management. The year 2002 witnessed very big corporate scandals such
Premium Corporate governance
IS427: Unit 3 Assignment 2: IT Security Compliance and Governance Gap Analysis Plan Outline Learning Objectives and Outcomes You will learn about the process of performing an information technology (IT) security compliance and governance gap analysis. Assignment Requirements In this assignment‚ you will be given a Request for Proposal (RFP) that includes a current IT policy framework description and a complete technical description of what is needed. You are required to prepare a project
Free Style guide Citation Management
An insight into corporate culture & its role in promoting efficiency in a global economy Liandri Boonzaier Matrikel nr: 2585923 Theory of the Firm Porf. Dr. Christian Cordes 1 INDEX 1. Introduction……………………………………………………………………Page 3 2. Important elements of Edgar Schein’s theory on corporate culture 2.1 Definition of corporate culture………………………………………..Page 3 2.2 Levels of corporate culture…………………………………………....Page 3 2.3 Origins of organizational culture……………………………………..Page 4 2.4 Strength of organizational
Premium Organizational culture Edgar Schein Sociology
topic following recent corporate scandals‚ which may also be interpreted as the demise of shareholder theory (a manager’s duty is to maximise shareholders’ returns) and the rise of stakeholder theory. The shareholder theory and the stakeholder theory are two patterns that stand out as
Premium Management Stakeholder theory Business ethics