that actives include buying property for the co‚ taking lease for co‚ buying goods for co‚ employing professional to set up co and buying shelf co‚ and finding persons to join co that persons refer to directors‚ co sec‚ accountants‚ solicitors and shareholders. As case Twycross v Grant [1877] the courts held that the promoter is the person who undertakes to form the co with reference to a given project and to set it going and who takes the necessary steps to accomplish that purpose. In the Salomon’s
Premium Stock Fiduciary Board of directors
some basics understanding about the difference between Responsibility and liability and what is the relation between them? Limited liability- I would try to answer some of the question as where it come from and why? How its effect the company‚ shareholders and stakeholders? What the resolute of it in our society? Manager Responsibility as agent- What their responsibility? Whom they working for? To whom they report and need to benefit? The assumption in the agent theory- Do we really know what going
Premium Balance sheet Financial statements Management
the enterprise usually in return for payment of wages. Shareholders A shareholder is an individual or company (including a corporation) that legally owns one of more shares of stock in a joint stock company. Shareholders can perform various roles depending on the class of stock they hold. Some of their activities may include: ➢ Voting on matters such as elections to the board of directors ➢ They can propose shareholder resolutions ➢ They also play an important role in raising
Premium Stock Employment Shareholder
provisions designed to protect the interests of minority shareholders‚ including the “unfair prejudice” remedies under section 168A of the Companies Ordinance (the Ordinance) and the Ordinance’s “just and equitable” winding-up provisions. These protections can‚ in some cases‚ also be invoked by shareholders of non-Hong Kong companies. However‚ as the Hong Kong Court’s recent judgment in Re Yung Kee Holdings Limited1 demonstrates‚ a minority shareholder of a non-Hong Kong company would be wise to proceed
Premium Shareholder
non-financial information about its operations to the public. Herbert Kohler believed these financial statements would give away to much information to competitors. Secondly‚ some long term investment decisions would be hard to explain to outside shareholders. Herbert Kohler pointed to the decision of Kohler Co. to invest in their cast iron technology‚ while other competitors focused on other materials. Also the fact that Kohler Co. invested in a luxury resort and the investments made in their power
Premium Stock market Stock Privately held company
risk or uncertainty‚ (3) the timing of returns‚ and (4) the stockholders` return. “Therefore‚ profit maximization and wealth organization are not the same things due to the fact one is good in short run while other is best on the long run. The shareholders of organizations desire wealth maximization over profit maximization because wealth maximization maximizes the share price of any organization. 2.) The primary distinction between prospective and retrospective payments is that prospective payment
Premium Economics Stock market Time
study by examining the different types of large shareholders in relation to its impact on organizational outcome in Indonesia using a dataset consisting of 190 non-financial companies listed in Jakarta Stock Exchange in 2002. The study investigates the effect of family ownership‚ foreign blockholder‚ domestic institutional shareholders‚ and the board of directors on firm performance. The results confirm the different impact of different large shareholders type on firm performance. Controlling family
Premium Corporate governance Corporation Investment
Responsibility is a “business’ obligation to pursue policies‚ make decisions‚ and take actions that benefit society”. Under the umbrella of social responsibility there are two models for social responsibility; the shareholder model‚ and the stakeholder model. Basically‚ The shareholder model Focus’ on maximizing profit for its shareholder’s. When a company makes profit and meet their production goals they in turn benefit the community. This is made possible through job creation and tax money paid
Premium Social responsibility Shareholder Sociological terms
bills by sustaining their situation in the community and by finding alternative solution for them through social help‚ skill upgrading and other means of solution to bring them back to be more active economically and be able to pay their bills‚ shareholders and customers themselves participate by a voluntary donation. 1- Do you agree that NYSEG’s project share is both altruistic and good business? Why‚ or why not? I believe that NYSEG’s conduct can be trustful and considered a high altruistic action
Premium Shareholder Social responsibility Stakeholder
Ford Family Gets More Control Ford Motor Co.’s $10 billion recapitalization plan to increase shareholder value does little to increase the value of the company‚ but does cement the Ford family’s power base‚ according to critics of the plan. TIAA-CREF‚ a New York City financial services firm‚ owns 8.4 million shares of Ford stock‚ and the California Public Employees’ Retirement System (Calpers)‚ which has 6.5 million shares‚ have already said they will vote against the plan. Ford has about 1
Premium Stock market Stock Shareholder