liability of the shareholders. However‚ under certain circumstances the corporate entity may be disregarded. This is also known as piercing the corporate veil and is the most frequent method for holding the shareholders liable for the acts of a corporation. Corporate officers‚ directors and controlling shareholders have a general fiduciary duty of loyalty and care which should govern all their corporate conduct. Unless they breach that duty by gross negligence or acts in bad faith‚ they usually will
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Business Ethics The Corporation ‘The Corporation’ had a specific aim to portray the problems of not just one corporation‚ but corporations as a whole‚ as is evident from the beginning of the film as a multitude of big business logos flashed across the screen. The film proceeded to highlight the issues surrounding: globalization and consumerism‚ environmental pollution and disregard for the planet‚ unethical marketing‚ and dishonest media. Personally‚ I feel that I’m quite open-minded when it comes
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Stock Evaluation Project - Steel Industry Industry Analysis Steel is a part of metals and mining industry which is highly cyclical in nature‚ and when the economy at large suffers‚ this industry suffers with it. The most recent five years have been a struggle for this particular industry along with uncertain economic indicators‚ and steel companies’ stocks have trended downwards. The metals and mining industry is comprised of companies that engage in exploration‚ mine development‚ and ore mining
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BlueScope Steel Corporation acquires strong and reputable Australian brand in global steel industry. In Australia‚ its core product brands – COLORBOND®‚ ZINCALUME® and XLERPLATE® steels – are defined as market leaders in the building construction and manufacturing industries. Its LYSAGHT® brand is nearly 100 years old and holds an enviable reputation for quality. BUTLER®‚ VARCO PRUDEN® and HCI® are leading brands in the pre-engineered building market globally. Moreover‚ the corporation has added
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“Analysis of Pakistan steel mill” Subject: Analysis of Pakistani Industries Class ID: 10127 Prepared By 1. Suraj Oad (4344) 2. Zeeshan Khan (4503) 3. M.Talha Atta-us-samad (4502) 4. Sumair hussain (4439) Submitted To: Sir Riaz Ahmed Table of Contents Introduction: 4 Steel 4 Significance of Steel Industry in Economic Growth 4 Steel Recycling 4 Production Process 6 Basic Steelmaking Process: 6 Various Steel melting processes:
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Steel Industry Analysis: POSCO vs. U.S. Steel GMB504 Team: Sanghoon Lee‚ Minhyong Lee‚ Jaekook Han Youngjae Chae‚ Alexey Morozov‚ Vincent Lee Industry Rationale: While the field of material science has progressed dramatically over the past few decades with the advent of cutting edge materials (such as carbon fiber‚ carbon fiber nano‐tubes‚ 3D printing‚ eco‐ friendly materials‚ etc.) the world economy is still heavily reliant upon steel. Steel is the
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Press clippings Indian steel industry plays a significant role in the country’s economic growth. The major contribution directs the attention that steel is having a stronghold in the traditional sectors‚ such as infrastructure & constructions‚ automobile‚ transportation‚ industrial applications etc. Moreover‚ steel variant stainless steel is finding innovative applications due to its corrosion resistive property. India is the fifth largest steel producer at the global front and struggling to become
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Overview: an introduction to U.S. Steel J.P. Morgan and Elbert H. Gary founded Pittsburgh-based steel company United States Steel Corporation in 1901.1 By combining Gary’s Federal Steel Company with steel operations owned by businessman Andrew Carnegie and several other smaller companies‚ U.S. Steel effectively became the world’s first billion-dollar corporation.2 With a two-thirds share in the market industry‚ U.S. Steel emerged as one of the premier companies in the world economy. Perhaps its
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ECONOMIC ANALYSIS OF INDUSTRY India Steel Industry Steel Companies in India The steel industry‚ in general‚ is on the upswing‚ due to strong growth in demand propelled particularly by the demand for steel in China. The world scenario coupled with strong domestic demand has benefited the Indian steel Industry. [pic][pic]During April-December 2004- 05‚ production of finished steel recorded a growth of 4 percent over the corresponding period of the previous year to reach 28.3 million tonnes
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India’s Steel Industry is more than a century old. Before the economic reforms of the early 1990s the Indian steel industry was a predominantly regulated one with the public sector dominating the industry. Tata Steel was the only major private sector company involved the production of steel in India. SAIL and Tata Steel have traditionally been the major steel producers of India. In 1992‚ the liberalization of the India economy led to the opening up of various industries including the steel industry
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