Do high levels of trust between workers and management lead to better performance? There is a direct link between a high or low level of trust between the workers and management within a corporation and the productivity growth. Corporation must be willing and prepared to make small but regular investments that are required‚ and there will be a high substantial return‚ both in material and a healthy labour management climate. There are mainly three concepts that describe the working climate within
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Deutsche Bank and Bankers Trust merger Информация о компаниях и самом слиянии Deutsche Bank (Germany) and Bankers Trust (US) reflect different cultural realities. The main differences between them concerning cultural dimensions include such points as: Long-term orientation. On this index the Germans score 83 while the Americans score only 26 what means that unlike the Americans the Germans are very pragmatic people‚ they show an ability to adapt traditions easily to changed conditions‚ a strong propensity
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study Malaysia introduced the unit trust concept relatively early compared to its Asian neighbours in 1959; a unit trust was first established by a company called Malayan Unit Trust Ltd. The unit trust industry in Malaysia has therefore a history of more than four decades. The unit trust industry was characterized by slow growth in the sales of units and a lack of public interest in the new investment product in the first two decades. There is only five unit trust management companies were established
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Secret trusts arise where a testator explains to X that they want property to be held on trust for Y and then leaves the property to X in their Will. It is also possible that a secret trust arises where in reliance on a promise to implement the trust by X‚ no Will is made (Strickland v Aldridge 1804 9 Ves 516 REF1). The onus of proving a secret trust is on the person claiming that it exists‚ on the balance of probabilities - the ’ordinary civil standard of proof’ (Re Snowden 1979 3 All ER 172 REF2)
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and legacies. Local inspectors were appointed and people promised to donate £20 pounds towards their inspectors. This has created 172 branches in English and Wales. In addition to the branches‚ there is one charity run by an animal trust and the other is run by a charitable company. RSPCA is currently
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one that takes a distinctive legal form and has a special tax status (charitable status). Charities can be organised in a number of different ways – they can be an unincorporated association‚ a trust or a company limited by guarantee. Each of these has a different governance structure – for example‚ a charity that is formed as a registered company will be governed by a board of directors‚ a charity that is set up as a trust will be governed by a board of trustees. RSPCA has both as RSPCA is governed
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Question i. Knight v Knight set out three requirements for a valid trust. To satisfy the first requirement‚ certainty of intention‚ James must have made it clear that he intended for it to be made a trust‚ rather than a gift‚ as shown in Jones v Lock. The words used in this instance‚ that Kath is mentioned as a trustee and that has absolute discretion when distributing the money‚ can be said to afford a clear intention to create a trust. To satisfy the second requirement‚ certainty of subject‚ it is
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of trust and effecting disposition of beneficiary’s interest Proving declaration of trust: In order to prove declaration of trust all types of evidence are admissible. Exceptions: a) Trust of land where the declaration has to be manifested and proved by some writing (Section 7 of Statute of Fraud Act 1677; Section 53(1)(b) of Law of Property Act 1925). The reason for this rule is to prevent fraud (Youdan). The written evidence can antedates or postdate the declaration of trust.
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(USA)‚ Sharon L. Oswald (USA) Charitable giving to not-for-profit organizations: factors affecting donations to non-profit organizations Abstract In today ’s era of evaporating operating profits‚ numerous organizations‚ including hospitals‚ universities and not-forprofit entities‚ are increasingly focusing on charitable giving as a funding source. In this paper‚ we examine the organizational and consumer demographic characteristics which influence charitable giving. This study adds to the body
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reward and the feeling of accomplishment towards others. Community service is self gratifying act which is beneficial society. Some have always asserted that it ’s the government ’s job to take care of people in need and others claim that private charitable organizations and individuals can shoulder the whole burden of helping those in need. These viewpoints have even entered American political debate. Both government and private assistance have their place. Government assistance will continue only
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