Preference Shares As in section 4 of Company Act 1965‚ it interpret preference share as “a share by whatever name called‚ which does not entitle the holder thereof to the right to vote at the general meeting or to any right to participate beyond a specified amount in any distribution whether by way of dividend‚ or redemption‚ in wind up‚ or otherwise.” (the library book) Besides that‚ section 66(1) of Company Act 1965 also states that “No company shall allot any preference shares or convert any
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shareholders of the company. For each share owned‚ a declared amount of money is distributed. Thus‚ if a person owns 100 shares and the cash dividend is USD $0.50 per share‚ the holder of the stock will be paid USD $50. Stock or scrip dividends are those paid out in the form of additional stock shares of the issuing corporation‚ or another corporation (such as its subsidiary corporation). They are usually issued in proportion to shares owned (for example‚ for every 100 shares of stock owned‚ a 5% stock dividend
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REPURCHASE OF SHARES In the past two decades‚ major U.S. corporations have increasingly repurchased significant amounts of their own common shares. The reasons for this development and its implications for the theory of share valuation and public policy‚ however‚ have been subject to numerous‚ and often conflicting‚ interpretations. The repurchase of shares is not legal under all codes of law; but in the countries where it is legal‚ it opens up a variety of opportunities for gains for the stockholders
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Types of shares: Share issued by a company can be divided into following categories: (I) Preference Shares: According to section 85 of the Companies Act‚ 1956‚ persons holding preference shares‚ called preference shareholders‚ are assured of a preferential dividend at a fixed rate during the life of the company. They also carry a preferential right over other shareholders to be paid first in case of winding up of the company. Thus‚ they enjoy preferential rights in the matter of: (a) Payment of
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Introduction: The concept of “doctor-patient confidentiality” derives from English common law and is codified in many states’ statutes. It is based on ethics‚ not law‚ and goes at least as far back as the Roman Hippocratic Oath taken by physicians. It is different from “doctor-patient privilege‚” which is a legal concept. Both‚ however‚ are called upon in legal matters to establish the extent by which ethical duties of confidentiality apply to legal privilege. Legal privilege involves the right to
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Project Report Part 1 Introduction Care and Share is a nonprofit food bank that is a member of Feeding America‚ which is a large network of food banks across the Nation. Feeding America gets large donations from their partners such as Kellogg’s Cereal or Nestle‚ which food banks can purchase based on points. These points are attributed to how many people they serve and how well they comply with the standards of Feeding America. Care and Share processes donations of food and distributes to pantries
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1. To what do you attribute Brita’s success? • It is owned by a well established and successful company‚ Clorox. • They own a large amount of market share. • Each pitcher sale starts a flow of filter sales. • Their customer lifetime value was remarkable. The retention rate is also a high 80%. • They didn’t give up in the early years when sales were very slow because they believed in their product. • They have a large advertising budget. • They focused advertising equally on how it worked
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ethical and legal principle governing health care practice. Confidentiality is recognised as a requirement of practice for all health professions in: 1. Health Services Act 1988 (Vic); 2. Contracts of employment; 3. Professional Codes of Conduct; Rationale for confidentiality 1. Respect for patient autonomy An important principle in health care ethics is respect for patient autonomy. This principle emphasises a person’s right to have control over their own life. This principle implies that a person
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WHY CONFIDENTIALITY IS IMPORTANT? Patients routinely communicate personal information with health care providers. On the off chance that the classifications of this information were not secured‚ trust in the doctor or health care provider relationship would be reduced. Patients would be less inclined to share sensitive information‚ which could adversely affect their care. Confidentiality is integral to the improvement of trust amongst specialists and patients. Patients must have the capacity to expect
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launched an innovative campaign‚ “Share a Coke”. The company chose 150 of Australia’s most popular names and put them on the front of millions of Coca-Cola bottles (Lionbridge‚ n.d.). This is the first time in its 125-year history that Coca-Cola has made such a major change to it packaging. Later on‚ this simple idea then expanded to countries around the world‚ including New Zealand‚ the U.K.‚ Norway‚ Ireland and China. Other countries adapted Australian "Share a Coke" campaign into their own unique
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