QUESTION 1: Image you were a director of MTSB in 2006‚ what would be the steps you would taken to fulfill your fiduciary duties as a director. The steps MTSB have taken to fulfill the fiduciary duties as a director according section 6 of Companies Act‚ fiduciary duties of a director. Step 1 : Understanding about duties of director To carry out your duties as a director well‚ it is necessary for you to be fully aware of the duties and responsibilities expected of directors. Directors are fiduciaries
Premium Internal audit Audit Auditing
Hedge Fund A Hedge Fund is a portfolio of investments hoping to reduce the risk of investment and expanding the maximum return an investment could bring. A firm instead of individuals usually manages it. Usually‚ hedge funds are only offered to a number of investors and requires a large amount of initial minimum investment‚ it’s usually 1 million dollars in the USA. Adding on‚ investors are usually required to keep their initial investment in the fund for at least a year. Hedging is usually
Premium Investment Mutual fund Hedge fund
Pension vs. Postretirement Benefits There are four fundamental differences between pension and postretirement benefits. (Mcgraw-hill‚ p967) The amount of pension benefits is based on the number of years an employee works for the company whereas the amount of postretirement healthcare benefits is unrelated to the length of employment. (Mcgraw-hill‚ p967) The costs of providing coverage can vary significantly dependent on the retiree’s needs for that year. (Mcgraw-hill‚ p967) Postretirement benefits
Premium Pension
Mutual Funds Meredith Markham Managerial Finance Marc Lafond‚ MBA May 5‚ 2013 Mutual Funds There are many different people that can be considered investors. With so many different types of investors‚ it is only natural that there be a variety of types of mutual funds to invest in. “At last count there were more than 10‚000 mutual funds in North America” meaning there “are more mutual funds than stocks” (“Mutual Funds‚” n.d.). For this paper‚ we will focus on five types of mutual funds:
Premium Mutual fund Investment Stock market index
Provident Funds Act‚ 1952 Prepared by Muradi Rajesh [BCA‚ MBA_HR] (Location:-Pune) The Employees Provident Funds Act‚ 1952 As per Preamble to the Act‚ the EPF Act is enacted to provide for the institution of provident funds‚ pension fund and deposit lined insurance fund for employees in factories and other establishments. The Employees Provident Funds & Miscellaneous Provisions Act is a social security legislation to provide for provident fund‚ family
Premium
ConGiant Constrictor Snakes in South Florida Marc Komlos‚ an environmental scientist for the South Florida Water Management District‚ gave the final talk of the Gumbo Limbo Ecowatch Lecture Series. He discussed the presence of giant constrictor snakes in South Florida‚ primarily in the Everglades. The South Florida Water Management District is currently trying to find a solution python problem‚ which‚ up until a couple of years ago‚ people did not believe existed. However‚ biologists have now established
Premium Florida United States
1. Choose 1 fund from the Globe and Mail 15-Year Mutual fund Review issue [on internet] as follows: 1. fund names start with the same letter as your surname [or as close as possible] 2. 1 Canadian fund (equity or balanced) 3. fund should have 15 years of data. 1. Prepare a 5-6 page typewritten report on the fund you have chosen - Title Page: Your name‚ Student ID Number‚ etc. Names of the Fund
Premium Standard deviation Mutual fund Investment
The South vs. The South William W. Freehling 1-How anti-Confederate Southerners determined the course/outcome of the civil war. Specific information was given by Freehlng to show how the anti-confederates southerners determined the course and outcome of the civil war. The information is discussed in the following paragraph. According to Freehling‚ the events beyond the battlefields partially determined military verdicts. Furthermore‚ home front and battlefront unveiled defining aspects
Premium American Civil War Slavery in the United States Abraham Lincoln
A. How can growth companies afford hybrid debt facilities‚ which are riskier and more expensive than senior loans obtained by mature value companies? The Paradox: “Growth companies” notoriously generate lower Cash Flows than “Mature companies”‚ but at the same time Growth companies have to finance their business through more expensive instruments (mezzanine finance) as the information available to the public‚ i.e. the investors‚ are much less than those released by big and mature companies. Therefore
Premium Debt
The Fifty State Avengers Initiative (FSAI) has the potential to become the greatest asset to safety and security only with the caveat that moral‚ ethical‚ and fair standards are held. Safety of American citizens is of the utmost importance. The FSAI is the fortunate corollary of the SHRA. Registration of super-humans is not enough to protect‚ mobilization and utilization of super-heroes is necessary. The FSAI will assume responsibility‚ provide for the general public’s well-being‚ in case of natural
Premium Iron Man Superhero Marvel Comics