Corporate veil Introduction With the contemporary appreciation of the separate entity principle in courts‚ it has become increasingly difficult to predict the outcome of cases with precision as in the case of Salomon v. Salomon & Co Ltd (1897). Separate corporate personality has been firmly recognized by common law after the verdict given in the case of Salomon v. Salomon & Co Ltd (1897). It was confirmed that a corporation has legal right‚ personality‚ and obligations completely divergent
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CORPORATE FINANCE The word Corporate Finance can be defined in terms that may vary considerably across the world. Corporate Finance is one of the three areas of the discipline of finance and can be defined broadly as a field of finance dealing with acquisition and allocation of a corporation ’s funds or resources‚ with the goal of maximizing shareholder wealth i.e. stock value. This division of a company is basically concerned with the financial operation of the company from company’s point of view
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debt with a value of $100 million. Investors expect a 15% return on the stock and a 6% return on the debt. Assume perfect capital markets without any taxes. a) Suppose GP issues $100 million of new stock to buy back the debt. What is the expected return of the stock after this transaction? (4 points) b) Suppose instead GP issues $50 million of new debt to repurchase stock. If the risk of the debt does not change‚ what is the expected return of the stock after this transaction? (4 points) c) If the
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Corporate Wellness Program In term of increase memberships as well as the sales revenue‚ 24-M1 Fitness Club could consider to offer corporate wellness program to employees who worked nearby the Georgetown area. It is believed that healthy employees tend to be happier and more productive employees. The benefits for company are obvious as the corporate wellness program would bring them lowered expenses in return which often in the form of better performing employees because the employees are the most
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Assignment about Systemic functional grammar(SFG) & its process. “Alice in Wonderland” Systemic functional grammar (SFG) is a form of grammatical description originated by Michael Halliday. Michael Halliday (born 13 April 1925) is a British linguist who developed the internationally influential systemic functional linguistic model of language. His grammatical descriptions go by the name of systemic functional grammar (SFG). Halliday describes language as a semiotic system‚ "not in the sense of
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“Case: Tianjin Plastics” Vrije Universiteit Amsterdam Course Advanced Corporate Finance Students Fatin Azear Jos Kusters Maaike van der Steen Case: Tianjin Plastics This assignment considers the case of Tianjin Plastics. Pat Johnson‚ project finance analyst for Maple Energy (U.S.-based international power plant developer)‚ has to make a recommendation regarding the financial viability of the Tianjin Plastics power plant project in China. The recommendation would require a final evaluation of
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Corporate Governance and International Business David Crowther; Shahla Seifi Download free books at David Crowther & Shahla Seifi Corporate Governance and International Business Download free ebooks at bookboon.com 2 Corporate Governance and International Business © 2011 David Crowther‚ Shahla Seifi &Ventus Publishing ApS ISBN 978-87-7681-737-4 Download free ebooks at bookboon.com 3 Contents Corporate Governance and International Business Contents 1
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HONG KONG INSTITUE OF VOCATIONAL EDUCATION DEPARTMENT OF BUSINESS ADMINSTRARION ASSIGNMENT FOR EXHIBITION AND EVENT MANAGEMENT Module Code: MPR4505 Enrichment Module 2014-2015 (Semester 4) Individual Assignment 2 Prepared for Mr. Leo Kwan Prepared by Chan Wing Yu BA 124012/2B 130170942 <Submitted on 21 November 2014> The Main Theme of the Event From 31 October 2014- 1 November 2014‚ there is a The Guangzhou / Hong Kong / Macao / Chengdu Youth Skills Competition cum carnival which is
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Systemic family and couple therapy for mood disorders Behaviourally-inspired couple therapy approaches have been used for some time and have proved to be effective with patients suffering from depression. A number of RCTs of marital therapy as a treatment for depression have been conducted (e.g. O’Leary & Beach‚ 1990; Jacobson et al‚ 1991; Emanuels-Zuurveen & Emmelkamp‚ 1996; Baucom et al‚ 1998). Interpersonal systems therapy (Gottlieb & Colby‚ 1987) and conjoint interpersonal therapy (Klerman et
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frequently ask question is should minimum wage be raised or completely eradicated altogether. minimum wage is the legally accepted pay that employers are required to paid their employees. A robust minimum wage is a key reason of sustainable economic growth. According to Jared Bernstein "Based on one well established theory and two equally well established facts‚ raising the minimum wage would help"(Bernstein). The increase in minimum wage would enable individual to live above poverty line‚ lower government
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