demerits of self-regulation. Relevant examples will be cited that illustrate the points raised. Appropriate definitions of the key words will also be provided. The terms that will be defined are regulation‚ self-regulation‚ demerits and merits. The cases that have been taken up by the Voluntary Media Council of Zimabawe will be included at the end of the discussion. What is regulation? The first explanation is from Ogus (1994) who quotes Selznick (1985) as saying that “Regulation‚ is “sustained
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Computer Lab Rules & Regulations Electronic workstations may only be used by current Swinburne University students and staffs. Swinburne identity card must be presented on request. Swinburne computing facilities should only be used for educational‚ research and administrative purposes of Swinburne. All other uses are strictly prohibited. The following rules and terms apply to all computers on campus. Terms and Conditions 1. All users must abide by the license requirements of any software
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Week 1 - Nature & Regulation of Companies & Company Operations Legal nature of company Separate legal identity‚ distinct from owners Companies act through ‘agents’. eg. shareholders elect board of directors to act on their behalf Public Company (Ltd.) Limited liability of owners • Raises funds from public Types of companies Private Company (Pty. Ltd.) • • • • • • • • • Regulation of companies Corporations Law: Companies must keep proper accounting records; prepare yearly & half-yearly FS;
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and other federal agencies to create and enforce regulations on implementing laws. According to the EPA on creating a regulation; the steps in implementing a regulation in the EPA starts off from an issue; which then the EPA considers comments upon the issue from consumers to determine a final ruling. The consumers of the EPA are interest groups that help shape and comment on laws that can be configured into an appropriate policy. Once a regulation is completed‚ it is written in the Federal Register
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Banking Regulation Financial regulation relates to laws and rules that govern what financial institutions such as banks‚ brokers and investment companies can do. These may be set though legislation or be stipulated by the relevant regulatory agency‚ for instance the FSA in the UK . Regulation is needed to ensure consumer’s confidence in the financial sector . It does this by providing smaller retail clients with protection against potential losses and by protecting consumers against monopolistic
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University of Wollongong Research Online Faculty of Business - Accounting & Finance Working Papers Faculty of Business 2006 Regulation: Standardising Accounting Practice M. Gaffikin University of Wollongong‚ gaffikin@uow.edu.au Publication Details This working paper was originally published as Gaffikin‚ M‚ Regulation: Standardising Accounting Practice‚ Accounting & Finance Working Paper 06/22‚ School of Accounting & Finance‚ University of Wollongong‚ 2006. Research Online is the open access
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Century‚ where the influence of British institutions was a key driving force. The end of that period was marked by the 1890s depression which saw a major rationalisation of Australia’s financial institutions. The start of the modern era of financial regulation can be traced back to the introduction of banking legislation in 1945 and the establishment of Australia’s first central bank. In more recent times‚ Australia has seen two major waves of financial reform. The first wave‚ in the1970s and 1980s
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Internet Paper #2 Human Resources Laws & Regulations HR590 – July 2007 INTRODUCTION There are many different functions and roles of law in the business society. When describing employment law‚ there is a broad area that governs how employers interact with their employees‚ former employees and applicants for employment. These laws and regulations are not meant to be described in a short paper. They are detailed laws that require application to an employee’s specific situation and should
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Government‚ Regulation & Business Ethics The issue of business relations with government has increasingly become a key issue of business ethics. Some of the many questions raised are * Is it acceptable for corporations to use their considerable power tp shape government policy? * Is the government jeopardizing its role in protecting the public interest when politicians sit on the board of corporations? The government has a crucial role to play in establishing the ‘rules of the game’
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In the environmental sphere‚ the government could focus on stronger regulations that would decrease reliance on oil‚ and instead increase the use of clean energy resources. One such successful example has been Corporate Average Fuel Economy (CAFE) standards‚ which encourage higher fuel efficiency for all vehicles. By creating higher standards for cars‚ the government forced carmakers to innovate and create cleaner cars. At a federal level‚ the EPA could do more to encourage safer extraction of unconventional
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