Corporate law

Are you interested in opening a business in Australia? Dear Entrepreneur, here is the information that you absolutely need to know prior to investing. I chose Australia because it has already set up common structures that an entrepreneur I could choose from when establishing a new business. These structures are breakdown into, sole, trader, partnerships, trusts and companies/corporations. This will help to carefully consider what my business needs are and what will suit me as an entrepreneur in…

some policies, many banks were established such as the Industrial and Commercial Bank of China (ICBC), the Agricultural Bank of China (ABC), the Bank of China (BOC). Unlike other models Japan and German, banks sector in China play important role in corporate governance. Most of Chinese commercial banks owned by the government, these banks have huge number of nonperforming loans which is a result of poor loan decision and reducing the nonperforming loans for the other banks. Moreover, the…

shareholders, and agents, such as a company's executives. One of the principal assumptions of agency theory is that the goals of the principal (shareholder) and agent (CEO/Managers) conflict (Solomon 2010). Agency theory argues that by monitoring, corporate board members can observe and control senior managers’ interests such that they do not diverge substantially from those of owners (Dalton et al., 2007), thereby mitigating, at least partially, various costs associated with the separation of…

to explain the application of corporate veil in the corporate legal environment. It is one of the controversial areas. The concept of corporate veil is applicable to the public companies which says that the legal person is different from its company. There are many considerations which are regarded while determining the factors whether the Court can lift up the corporate veil. Solomon vs. Solomon is a famous case for determining the case for lifting up the corporate veil. Nowadays the above…

Major Legal and Ethical Issues in Skilling v. United States Case The Enron case sets profound lessons on the management of the present day businesses. The scandal was a white-collar crime: a non-violent, financial based criminal activity. Enron organization was formed in 1985 to trade in energy and supply. On the other hand, it participated in trading of securities and had a trading site called Enron Online (EOL). Thus, to have more members participating in EOL, Enron presented its credit and…

discussions that have affected the discourse of sustainable development. One focal point of this article is the Corporate Response to Sustainable Development. Corporations’ have had to deal with a growing public conscious to become more ‘green’ and ecologically friendly. These attempts do little improve the environment and fail to solve systematic issues. One of Redclift’s claims is corporate attempts for sustainable development may not solve environmental problems as effectively as advocates…

one below, we can conclude that the price level for all goods and services is going to decrease. Based on the Okun’s Law relationship on the unemployment rate and the level of real GDP, we can also conclude what will happen to the unemployment rate. Since the level of real GDP is increasing, this means that the unemployment rate is going to decrease according to the inverse Okun’s Law…

Since the downfall of the financial system law makers are trying to solve the issue by clearing the derivatives transaction issue. This is known as clearinghouse. Clearinghouse will help consolidate the issue and with reserve accounts help to enclose the systemic risk by stopping the consequences…

per Share (Hill, 2010). The importance of a common stock yield for an investor is enormous in that it provides the necessary financial information that determines the credibility of the investor’s investment. The yield is used by an investor as a corporate…

market for oil will move along the demand curve. According to law of demand as quantity falls price rises. The war will increase the price of oil. b) The Alaskan oil pipeline was completed. = The pipeline will make it more convenient to transport the oil. This will decrease the cost of oil supply. The producer will supply more oil at old prices. the supply will rise. The market for oil will move along the demand curve. According to law of demand as quantity rises price falls. The pipeline…