Mills Corporation

discussed the quality of benchmarking in an organization. Further facts presented by case studies of the advantages and risk of applying benchmarking. From the information provided one can conclude executing benchmarking is beneficial for large corporations and small…

INTRODUCTION The objective of this report is to examine the effectiveness of board of directors of China Primary Energy Holding Limited in terms of the communication and other forms of engagement with shareholders. The following passage will discuss the topic above in three main areas that are the degree of compliance with Hong Kong GEM Corporate Governance codes, the impact of ownership structure on company’s performance and the effectiveness of communication with shareholders. BACKGROUND…

The introduction into the business world can be challenging for some and can take a long amount of time in order for one to get used to it. Whether someone owns a small, local business or works for one, it is difficult at the beginning because there is no significant revenue until the business starts picking up. Therefore, the income, and resources, will be limited until the business starts making more money, which will be a couple of years if the business is not so successful with the niche…

INTRODUCTION Section 183 of corporation act states that a person must be director, officer or an employee of the company and have excess to relevant information must use that information with proper way which will be not for the advantage or gain of him or for someone else. This section imposes some duties like a person who have information must not use it with improper way. The use of information will be just for the corporation person and will not for the self-gain or for self-advantage. If a…

As technology progresses, our customer protection laws struggle to keep up with the new and invasive ways that companies and large corporations collect personal data from the public. The NSA’s collection of data and tracking of digital activities has raised an increasing amount of concern with the public. Advertising companies also utilize this type of marketing, though it is far less known amongst the public. Social media has created a new way for these companies to gain access to deeply…

Limited Liability Companies (LLCs) Advantages of LLCs A limited liability company (LLC) is seen as “combining the most advantageous features of partnerships and corporations” (Kubasek, Browne, Herron, Dhooge, Barkacs, 2015b, p. 266). Perhaps the most significant aspect is the variety of choices the LLC has upon its inception which are included in the operating agreement. “[T]he enormous flexibility and contractual nature of the LLC may provide advantages such as clearly negotiated and defined…

advise Shania that the current economic environment the best option for the formation of her company is that of a Limited Liability Company, or LLC. This is because it offers the pass-through tax status and the safety of liability protection of a corporation. This would allow her to only be taxed once like a sole propriety or a partnership, which helps small-business owners keep their earnings. However, remove the personal liability as any action against the business can only act against the…

Limited liability companies are actually a form of legal entity that can be viewed as both a mixture of a general partnership and a corporation. LLC’s combine those two businesses kind of like a melting pot to take the best of what each has to offer. I believe that you will find an LLC’s most attractive view point is that if the situation that I previously stated happens, where a partner…

corporations should still be liable for the low wages and abuses that occur abroad, whether or not they are intentional. Deavers is an example of an individual who is one of the reasons why some companies, like Walmart, fail to assume corporate responsibility…

year. Ohio Rev. Code Ann. § 2305.11(A). Generally, an individual shareholder may not bring a legal malpractice action against an attorney that is employed by the corporation itself. See e.g. LeRoy v. Allen, Yurasek & Merklin, 114 Ohio St. 3d 323. When a lawyer counsels a corporation, the lawyer has a relationship directly to the corporation and not to any of the shareholders. Ohio Rules of Prof 'l Conduct R. 1.13(a) (2011). In Ohio, courts adhere to a strict privity rule which states…