Lipton

As a director, he was required to act, exercise and discharge his duties in accordance to Section 180, Section 181, Section 182 and Section 183 of the Corporation Act. He however failed to do so, for example when he authorised the issue of a prospectus by HIH Holdings (NZ) Ltd for the purpose of raising up $155 million of convertible notes to assist HIH in funding the takeover of the FAI. The prospectus failed to disclose the effect of a simultaneous transaction between HIH and Societe Generale…

What are Genetically Modified Organisms or GMO’s? According to Resposibletechnology.org, GMO’s are the “result of a laboratory process where genes from the DNA of one species are extracted and artificially forced into the genes of an unrelated plant or animal. The foreign genes may come from bacteria, viruses, insects, animals or even humans.” GMO’s are inserted into food to make it grow faster, either make new species containing more nutrients, resist insects or require less water so it grows…

Their packaging is no longer seen as waste, but as a valuable resource for future use. Workplace rights are protected and all people are respected. They work in partnership with others to provide good jobs, world class quality beverages and a healthy environment. PepsiCo The Pepsi Cola Company started in 1898 in Purchase, New York. It became known as PepsiCo when it merged with Frito Lay in 1965. PepsiCo owned Kentucky Fried Chicken, Pizza Hut, and Taco Bell up until 1997 when they were…

University of Leicester School of Management Corporate Governance MN7036 Candidate: Supervisor: Catherine Casey I. Summary In terms of the board structure, there are two general models: unitary board and dual board. Unitary board system of corporate governance is mainly used in the UK and USA. According to Hermalin (1998), the unitary board is responsible for the shareholders' meeting, and it has both decision-making function and the…