Private equity firm

A discretionary trust is where the trustee is given the discretion to select, from amongst a specified class of beneficiaries, who will benefit under the trust and often to what extent . Comparably, a fiduciary mere power enables trustees to act as they choose to do so, imposing no obligation or discretion, to distribute property . In Re Gulbenkian , Lord Upjohn stated to ratify a fiduciary mere power the “is or is not” test would apply. Likewise, Lord Wilberforce in McPhail v Doulton…

expanding the equitable principles of fiduciary obligations to the doctor-patient relationship. In this light, it can be agreed that equity’s principles have been refrained from expansion and development in Australia. Justice Michael Kirby’s metaphor of equity being a ‘time capsule ’ however does not reflect the treatment of equitable principles in fiduciary law, as equity’s principles in this context have not been opened. The case Breen v Williams [Breen] provided the High Court of Australia…

that this relationship will be long lasting. KGIG is adamant about protecting what each client has built and will be sure to act in their best interest. They have an attorney on site, giving them an advantage over other investment firms both locally and nationally. The firm is very knowledgeable on all of the rules involved in financial management and abides by the laws that are in place. KGIG is centered on relationships and is an advocate for wealth management from generation to generation.…

Allison Schlegel is a food runner at Blue Grillhouse in Bethlehem, PA. She is currently working their part time, while she attends Moravian College full time to purse a degree in nursing. She started working for Blue in the Spring of 2017. If it was not for Allison’s position as food runner, their would be no one to run the food out to the tables, because more often than not the servers are too busy to run the food out themselves. Her role plays a vital part in making sure that the guests…

agree with the suggested answer, as for a business person monopoly power is an opportunity for him/her to maximize their profit in their business because there are no close substitutes, no rivals, and barriers to entry prevent other firms, all this will help the firm to earn positive profit an average rate of return for a relatively long time. Here the demand is inelastic to price which means demand will not change much even if we change the price, all these reasons are prefect for a businessman…

Finally, regarding the impact of managerial capacities on firm growth we find that firms that have brought in professional managers (divorcing management from ownership functions) are more likely to experience growth and show a greater magnitude of growth (H10 supported). These findings are in line with other organizational theory studies which posit that organizations evolve through their life cycle stages. In their initial phase, firms are limited in their managerial capabilities and also may…

Corporate social responsibility (CSR) is a concept that almost all firms state that they incorporate and embed into the core of their business activities and strategies. However, it can be argued that often times CSR is not properly embedded into a firm if their CSR strategy does not affect the firm’s strategy, routines and operations. This is known as peripheral CSR (Aguinis and Glavas, 2013). This essay explores what the defining internal and external barriers are to effectively embedding CSR…

The case study presents an interesting insight into the growth of ADG from a domestic growth of ADG from being an importer to domestic production and to become an international firm. Having the knowledge and experience of the domestic market, the firm’s domestic growth is dominantly based on the expansion strategy of the business transiting from import business to domestic manufacturing. Though the BIP industrial policies have played a major role in this expansion but the firm’s ability to…

interests of the accounting professional’s perceptions of their particular firm are put into consideration. Since performance appraisals are seemingly linked to the three elements enlisted in my paper future research should investigate if in fact ethical procedures are actually being incorporated into CPA firms evaluating systems, and showing the significance of following such behavior and procedures. Consequently, CPA firms can come up with these findings from such studies throughout the…

challenging for new firms that want to expand their operations into the market. To be in a position to survive within the market, XYZ foods must choose a strategy that minimizes the initial cost and at the same time gives them a global outlook. In this case, the best strategy will be the Franchising strategy. This strategy has proved to work well in countries in North America that tend to have highly competitive business environments (Chen, 2016). This strategy will suit the firm because it has…