are required to act honestly and use reasonable diligence in carrying out their duties.The actual skill and experience an individual director possesses is often used as a yardstick to determine the standards that are expected of him. For instance‚ if a director possesses a higher degree of qualifications or skills‚ he will be judged by how he applies such knowledge and skills. To not misuse power and information a) To not misuse power Directors have a duty not to misuse
Premium Internal audit Audit Auditing
A pension fund shall be a pool of assets‚ established under a contract and not having legal personality‚ owned jointly by several persons in a partial ownership and the ownership shares represented by units in the pension fund. Each unit shall represent the ownership of a proportional part of the assets held in the pension fund structure. The pension fund shall be managed by a management company according to a pension fund contract with the unit-holders‚ with the objective to increase the
Premium Pension Investment Retirement
INDUSTRIAL ANALYSIS OF INSURANCE INDUSRTY INDEX 1. INTRODUCTION……………………………………………………………3 2. OBJECTIVES OF THE STUDY………………………………………..........8 3. GLOBAL SCENARIO……………………………………………………….9 4. INDIAN SCENARIO……………………………………………………….11 5. EMERGENCE OF IRDA…………………………………………………...19 6. MARKET STRUCTURE……………………………………………………36 7. PEST ANALYSIS…………………………………………………………...37 8. PORTERS FIVE FORCES………………………………………………….61 9. PERFORMANCE ANALYSIS……………………………………………..68 10. GLOBAL
Premium Insurance
How to Improve Public Schools Since the 17th century‚ American public schools have provided its children with a wonderful opportunity of receiving a free education that ensures a general understanding of various subjects such as mathematics and literature giving generation after generation the foundation of knowledge. Public schools have made several positive leaps since its begging from teaching only males students to teaching all genders‚ as well as becoming desegregated in 1969
Premium High school Standardized test Public school
Mutual Funds and Other Investment Companies Multiple Choice Questions 1. Which one of the following invests in a portfolio that is fixed for the life of the fund? A. Mutual fund B. Money market fund C. Managed investment company D. Unit investment trust 2. ______ are partnerships of investors with portfolios that are larger than most individual investors but are still too small to warrant managing on a separate basis. A. Commingled funds B. Closed-end funds C. REITs D. Mutual funds 3. A
Premium Investment Mutual fund
Indian Insurance Industry INTRODUCTION- In one form or another‚ we all own insurance. Whether its auto‚ medical‚ liability‚ disability or life‚ insurance serves as an excellent risk-management and wealth-preservation tool. Having the right kind of insurance is a critical component of any good financial plan. While most of us own insurance‚ many of us don’t understand what it is or how it works. In this tutorial‚ we’ll review the basics of insurance and how it works‚ then take you through the main
Premium Insurance
In the essay "Polite but Thirsty‚" Yaping Tang describes her experience as well as the Chinese students’s experience when they first arrive in The United States. The purpose of her writing this essay is to give the ESL teachers who work with Chinese students a comprehensive and more judicious look about the differences between Chinese and American cultures. She explains cultural adjustment process and culture shock in terms of five different customs between the Chinese and American cultures: name
Free United States Chinese language Western culture
NATIONAL UNIVERSITY OF SINGAPORE NUS BUSINESS SCHOOL FIN 3102 – Investments and Portfolio Management Luis Goncalves-Pinto – Sem 1‚ AY 14/15 Guidelines for: “Dimensional Fund Advisors” (Case Study HBS 9-203-026) This case uses DFA as a setting to introduce you to the latest research in academic finance‚ as well as to show you how you can turn new findings into productive investment strategies. This case pays particular attention to the cornerstones of the DFA approach: the “size effect” and the
Premium Stock market Management Finance
aligned with that of Acumen’s.. Ecotact’s founder‚ David Kuria’s goal was to make a social impact through providing sanitation facilities in the underprivileged areas of Kenya. Acumen’s core goal is to invest in ventures that make an impact in the Base of Pyramid sector and that show potential to scale while bringing in a return on investment for Acumen. Ecotact ranks high in its commitment to the Acumen Fund mission because it focuses on providing a solution for the sanitary need in the Base
Premium Investment
How is Research used in Psychology? * Research in Psychology as in all fields of science has two focuses of interest. * Basic Research = is concern with the quest for knowledge regardless of whether it has immediate practical value. * Applied Research = seeks to improve the human condition by discovering something that can be put to practical used. * When the scientist work‚ strive to find relationships between observable variables. For example‚ Robert Boyle found a direct relationship
Free Scientific method Experiment Statistics