Accounting Theory October 1‚ 2013 Crisis and Regulation In 2008‚ the United States stock market crashed due to large financial institutions packaging subprime loans and credit default swaps‚ sending the housing market‚ and the economy into a downward spiral. This then forced the government to have to bailout the banks even though much of this could be seen as their faults due to the loans they were giving out. In 2009‚ Amitai Etzioni who “served as a senior adviser to President Jimmy Carter
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detective‚ and corrective measures for each are explained below. The situation in the Business Regulation Simulation is that Alumina Inc. was involved in some regulatory issues and Alumina Inc. social responsibility as a result of hazardous waste. University of Phoenix simulation states‚ “Environmental regulations is perhaps the most stringent area of government regulation of business” (Business Regulation Simulation). Alumina Inc. is a four billion aluminum maker that operates in eight countries
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Securities Act (ISA) No 45 of 1999 and the Rules and Regulations of SEC pursuant to the ISA. Cont’d § The Companies and Allied Matters Act (CAMA) 1990 § The Banks and Other Financial Institutions Act (BOFIA) No 25 of 1991 § The Insurance Act § The Companies Income Tax Act INVESTMENT AND SECURITIES ACT (ISA) This is the principal legislation regulating Mergers and Acquisitions in Nigeria. It repealed the specific provisions for the regulation of M & A’s in CAMA and transferred the relevant sections
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Ch. 3 Study Questions 1. Discuss the rationale for the economic regulations of transportation The reason for the economic regulations of transportation is to create the monopolistic industry into a more competitive one where prices will be more reasonable for the consumer as transportation is very important to the movement of everyday goods. The government in turn will determine if a firm can enter an industry; determine which market(s) a firm can serve in that industry; and determine the prices
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adjudication 3. Determinative powers (Note: Senator Neptali Gonzales calls them incidental powers) Definition of "Quasi-legislative power" It is the authority delegated by the law-making body to the administrative body to adopt rules and regulations intended to carry out the provisions of a law and implement legislative policy. Distinctions between Quasi-legislative power and legislative power 1. LEGISLATIVE power involves the discretion to determine what the law shall be. QUASI-legislative
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Pvt Hayes‚ Lida Louise J B Co‚ 68Q 02 264th Med Bn‚ Ft. Sam Houston The Importance of Rules and Regulations in Regards to Discipline The regulation of the behaviors of members in any military branch‚ involves rules and regulations that govern goal orientated and behavior inside and outside of the branch‚ which includes the soldierization process that happens in military training. Discipline is the process of training oneself in obedience‚ self control‚ and skill. The controlled‚ ordered behavior
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effect if the rules are not followed. Some of the regulations that have been installed into the industry by the Federal Communication Commission do not favor the development and expansion of the Comcast Company. One of the major setback regulations is the one that hinders any cable broadband company from achieving the status of being a monopoly. Consequently‚ it results to a slow or decline in the overall growth of the Comcast Company. This regulation could also lead to increased cost of the cables
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Chapter Overview | | | Laws and regulations have assumed an importance of major proportions in the process of staffing organizations. Virtually all aspects of staffing are subject to their influence. No organization can or should ignore provisions of the law; in this case‚ ignorance truly is not bliss. This chapter begins by discussing the formation of the employment relationships from a legal perspective. It first defines what an employer is‚ along with the rights and obligations of
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extremely to assess using probabilistic and risk-informed methods. In particular‚ the adequacy of security and emergency preparedness programs are extremely difficult to gauge. In Munn v. Illinois the Supreme Court established the legal basis for state regulation by recognizing that certain economic activities were so critical to the functioning of a modern society that government has the right to oversee the prices charged to assure that such services are provided to the public in a reasonable manner. Yet
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was a response to concerns that the government had regarding the findings of various studies on the cost of doing business‚ inconsistencies in the depth of analysis undertaken by departments when developing regulation and the general absence of impact assessment in the development of regulation. RIAs are an extension of a broader commitment to the quality of government through evidencebased policy making. The advantage of instituting RIA is that RIA adds structure‚ predictability‚ and methodological
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