Australian Broadcasting Corporation

Piercing the Corporation Veil in Australia. company and securities law journal, 2001: Volume 19 No 250. -------------------------------------------- [ 1 ]. Australia Statute Law, s558v [ 2 ]. Walker v Wimborne (1976) 137. [ 3 ]. Limited liability exception - the UK's "lifting the veil of the Company", < http://www.law-walker.net/detail.asp?id=4511> [ 4 ]. Lonrho ltd. v. Shell Petroleum Co., Ltd. (1980). [ 5 ]. Salomon v Salomon & Co Ltd (1897) AC22. [ 6 ]. Australia Corporation…

With over a third of the world’s population currently using the Internet and electronic commerce rapidly growing, electronic business is quickly becoming an essential strategy for companies to consider implementing. It is an initiative of immense impact, one that changes every aspect of the way traditional business is run. E-business is a broad concept that includes all the uses of information technology in business. It extends beyond the selling and purchasing of goods on the Internet that is…

What is CSR? Corporation social responsibilities (CSR) has been defined as a company’s ‘’status and activities with respect to its perceived societal obligation” (Brown and Dacin 1997, p 68). In the recent years, CSR has growing to be one of the main reasons why the societies views and actions have changed towards international companies. Approximately, more than 80% of the fortune-500 organizations address corporate social responsibilities issues on their sites (Esrock and Leichty 1998). In…

which run the daily operation. A key function of corporate governance is to determine how power is distributed between these groups to ensure the company runs fairly. Most broadly, corporate governance affects not only who controls publicly traded corporations and for what purpose but also the allocation of risks and returns from the firm’s activities among the various participants in the firm, including stockholders and managers as well as creditors, employees, customers, and even communities.…

allocable share of partnership income or loss on their individual income tax returns and pay taxes on that share based on their tax bracket” (Entrepreneur, 2014). Corporation Tinker & Tailor’s Home Security Service, Inc.: “A corporation is viewed as a separate entity from…

There is something to be said about with whom a person goes into business. In the 1980’s, my brother and two friends formed a partnership doing surveying in Colorado. Shortly after getting established, the two friends ousted my brother and took all of the money. There was an IRS audit in which a gain was determined, and my brother was included in the assessment. He quietly paid it, then one day, he received all of his money back; his “friends” paid the assessment not knowing it was paid. We…

n our world today there are two basic types of businesses. Businesses that are locally owned and corporations. Corporations first appeared in America around 1870 when men with men like Andrew Carnegie and John D. Rockefeller forever changed business in the United States. Before this time, locally owned or small family businesses were the norm. In today’s business world, however, corporations far outnumber small businesses. There are many differences between the two such as government assistance…

Weekly Reflection Seven This week in class we heard some interesting Ted Talks. The one that stood out to me the most was one that talked about how to spot a liar. This talk was interesting because it pointed out different things people do when they are lying. For example, looking directly into your eyes or stating facts in perfect chronological order suggesting that the lie was rehearsed. The speaker suggested that this topic relates to entrepreneurial spirit in that it helps to decipher the…

What combinations of eBusiness Models has the site adopted? How do for-profit and not-for-profit objective merge? When examining the site threesquarefeet.org, there are several business model combinations that are in place throughout the site. First, there company Three Square Feet is successfully using external forces to create a business opportunity the company combines profitability as well as generosity. They do this by allowing customers to purchases products from their site but in…

1. Setting the scene: social purpose as business driver During the last decades the social purpose of business has gained a prominent role in profit and accumulation strategies worldwide. Corporations invest more money and human resources in the development of social strategies as a key element for economic success. Between 2004 and 2013 the corporate social responsibility investments of the 261 world leading companies increased from US$7,6 billion to US$25 billion, roughly a growth of 328%…