Business Regulation Simulation Alumina‚ Inc. manufactures auto parts and aluminum packaging material‚ mines bauxite‚ and refines and smelts aluminum (University of Phoenix‚ n.d.). After reviewing the simulation‚ it is easy to see how a business can be the target of legality. In this scenario‚ fingers were pointed at Alumina‚ Inc. for contaminated water that may have been the cause for a case of leukemia in a female child. In any business‚ management teams must take caution that tort and regulatory
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Regulation is defined as a set of rules that is designed to control and govern conduct by authority (Deegan 2009‚ p.59). On the basis of this definition‚ Deegan (2009‚ p.59) has defined regulations relating to financial accounting as rules that are developed by independent authoritative body to govern the preparation of financial statements which are accounting standards. Since decades ago‚ there have been arguments for and against the existence of accounting regulations. With a stance of pro-regulation
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Child pornography‚ hackers reading how to hack into your web site or personal computer and children reading explicit details in the Starr Report; these are all examples of harmful information available on the Internet that should be regulated by the government. Government should regulate information on the Internet. Obscene and harmful material on the Internet‚ such as child pornography should be obliterated. Other questionable material‚ such as the Starr Report‚ should be published on the Internet
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important part in running the company properly. Therefore‚ this essay will first provide information about the definition and appointment of director in Vietnamese and Australian’s company law‚ and then give a comparison to identify the pros and cons in both countries’ policy. Firstly‚ there are two different definitions of director in the law of VN and Australia. According to Vietnamese Law on enterprises‚ in general‚ the director or general director of the company is ”the person who manages
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CHAPTER ONE INTRODUCTION 1.1 Background Banking reached colonial Africa through the activities of colonial merchants‚ and the first bank in West Africa was established in 1894‚ that is the British Bank for West Africa (BBWA)‚ which extended its operations to Ghana soon after in 1896. In Ghana‚ the Bank of Ghana is responsible for the banking sector. The Bank of Ghana was established in 1957 to oversee the health of the nation’s financial sector. Presently the Bank of Ghana is empowered
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THE BENEFITS OF SARBANES-OXLEY AND CORPORATE GOVERNANCE MEASURED AGAINST THE COSTS Salim Motala A research project submitted to the Gordon Institute of Business Science‚ University of Pretoria‚ in partial fulfilment of the requirements for the degree of Master of Business Administration. 14 November 2007 ABSTRACT The Sarbanes-Oxley Act of 2002 (SOX) is the only legislated corporate governance structure‚ and is aimed at increasing investor confidence in public companies by forcing them
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Prudential Regulation Bank regulations are a form of government regulation which subject banks to certain requirements‚ restrictions and guidelines. This regulatory structure creates transparency between banking institutions and the individuals and corporations with whom they conduct business‚ among other things. Given the interconnectedness of the banking industry and the reliance that the national (and global) economy hold on banks‚ it is important for regulatory agencies to maintain control over the
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How is the industry regulated? The industry is regulated at both federal and provincial levels. At the federal level the industry is regulated by the Firearm Act and Part III of the Criminal Code. The Canadian Firearms Act “sets out the requirements for licensing and the process to be followed for applications‚ revocations and appeals. The Act also details the considerable powers of the provincial firearms officers (and their agents) to inspect gun storage‚ demand compliance and seize firearms”
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new culture from each other. In addition‚ in such interactive environment students may develop their communication skills by meeting different origin’s mates. For example‚ there is an efficient mixture of foreign learners in university accommodation which forces them to speak in English because they are from different countries. The second benefit is that these relationships and friendships might be continued that means the university colleagues may offer financial opportunities after graduating. The
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Autumn Hamman Professor Thompson . Government regulation of the Internet is a hotly debated issue‚ there are lots of pro’s and con’s to the subject. Lets take a look at three of the biggest reasons the Internet should be regulated. One of the biggest reasons that I feel the Internet should be regulated is to protect women and children from sex trafficking and pornography. If we cannot protect the children and women from sexual trafficking and pornography on the Internet then we are failing
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