blessing of the new Xavier athletics performance center donated by the family of the late Hermogenes Mangasing (Go Dien Huat) of Unicon Wires. Apart from improving Chinese language education and helping Xavier school Nuvali with the support of the Ayala Group‚ Fr. Go and other officials successfully solicited donations from some of the Philippines’ top business leaders‚ who themselves didn’t study at Xavier: Henry Sy Sr.‚ John Gokongwei Jr. and Ramon Ang of San Miguel. Other top donors are car distributor
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You are required to prepare an investigative report on a recent corporate scandal that involved improper accounting practices or any form of financial scandal. Your report must include the following: an overview of the corporation a description of the scandal methodology - explaining the specific accounting impropriety that the company used. an explanation of how the firm managed to hide their accounting improprieties a discussion of who the scandal effected - both inside‚ and outside
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Reaction Essay: The Corporation The documentary The Corporation‚ directed by Jennifer Abbott and Mark Achbar and produced in 2004‚ although bias‚ opens many doors for discussion in regard to capitalism and the role of corporations in our lives. I found the documentary to be presented professionally‚ and filled with legitimate facts more so than extreme opinion. The documentary truly outlines the "all-pervasive" role the corporation has taken as the "world’s dominant institution". The film opens
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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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Corporation – A separate legal entity that has an existence at law that is separable from those who form it. It is a separate legal entity in the sense that it has an existence at law‚ but no material existence. * It is separate and distinct from its shareholders * A properly authorized agent may bind the corporation in contract with third parties. * Shareholders possess limited liability for the debts of the corporation‚ and creditors may look only to the assets of the corporation to
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years experience/Entry level applicants are encouraged to apply. • Full-Time positions available. Qualified and interested applicants may send their resume’‚ transcript of records and 2x2 photo to: 5th Floor‚ HR TALENT ACQUISITION BPI Building‚ Ayala Ave. cor. Paseo de Roxas‚ Makati City or email talent@bpi.com.ph ‚ and Apply Online. To know more about working at Bank of the Philippine Islands‚ please
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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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growing 22.1 percent. Given the latest data‚ JFC said its net income climbed to P3.12 billion in the January to September period from P2.46 billion last year while system wide sales rose 12.4 percent to P75.22 billion from P66.91 billion. AYALA CORP. Conglomerate Ayala Corp. said net income during the nine months to September rose by 20 percent to P10.4 billion. The growth was driven by its real estate and banking units‚ the steady performance of its water business‚ and the sustained improvement in profitability
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The primary advantage of a corporate form of business is that a corporation is a stand-alone entity‚ which means you are not personally liable for the assets and debts of the business. Incorporating protects your personal assets from lawsuits‚ debt collection and other business issues that can arise. The stand-alone entity also separates tax liabilities‚ which is another advantage. This means that the corporation’s taxes are separate from your personal tax liabilities. As a business
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CHAPTER 19 CORPORATIONS 1. – THE NATURE AND CLASSIFICATION OF CORPORATIONS A corporation is a legal entity created and recognized by state law. It can consist of one or two persons identified under a common name. CORPORATE PERSONNEL When an individual purchases a share of stock in a corporation‚ that person becomes a shareholder and owner of the corporation. Shareholder and corporations are liable. THE LIMITED LIABILITY OF SHAREHOLDER One of the key advantages of the corporate forms
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