Directors of companies have an obligation to act in the best interests of the company. Elaborate on how the courts approach this duty and explain whether the corporation’s law in Australia has made this duty onerous. According to the common law, the duties of the directors are duty of care and the duty of loyalty. In the duty of loyalty, the directors should maintain the fiduciary relationship with the company in order to follow the fiduciary duties accompanied by them. The main objective
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Fund managers do it. Millions of ordinary working people – from business owners to factory workers – do it. Housewives do it. Even farmers and children do it. ‘It’ here is investing: the science and art of creating, protecting and enhancing your wealth in the financial markets. This article introduces some of the most important concerns in the world of investment. Your Objectives Let’s start with your objectives. While clearly the goal is to make more money, there are 3 specific reasons institutions
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Petty, and Scott (2005) “The financial management is concerned with the maintenance and creation of economic value or wealth” (p. 5). On the other hand, Mayo (2007) states that finance is the study of money and its management as well as the allocation of resources in the world of uncertainty. Finance also deals with the decision-making process whose primary goal is to create wealth. 2. Efficient market Efficient market is one of the 10 simple principles that is necessary to understand in order
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economy became more complex, with more producers and more consumers, barter became increasingly cumbersome. Number of goods produced and exchanged increased, so the negotiation of exchange rates became increasingly complicated, as there was no common measure of value. ADVENT OF MONEY Money was designed to solve the problems that arose from the earliest barter systems. Money is anything that is generally accepted by custom or law in the payment of goods and services as well as in the
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politicians go scot-free, unharmed and unpunished. Leaders like Lal Bahadur Shastri or Sardar Vallabh Bhai Patel are a rare breed now who had very little bank balance at the time of death. The list of scams and scandals in the country is endless. Now Recently Before Start 2010 Commen Wealth Games Corruption is playing major role with commen wealth games. The Bofors payoff scandal of 1986 involved a total amount of Rs 1750 crore in purchase of guns from a Swedish firm for the Army. The Cement scandal
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Australia, New Zealand and the Pacific region. Westpac’s financial services include retail, commercial and institutional banking and services such as wealth management. (Oracle, 2005) Westpac were founded in 1817 and were the first bank to be established in Australia. Under an Act of the New South Wales Parliament in 1850 it was incorporated as the Bank of New South Wales and renamed to Westpac Banking Corporation in 1982. On 23 August 2002, it was registered as a public company limited by shares
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A Blueprint for Corporate Governance Fred R. Kaen AMACOM AMERICAN MANAGEMENT ASSOCIATION A Blueprint for Corporate Governance This Page Intentionally Left Blank A Blueprint for Corporate Governance Strategy, Accountability, and the Preservation of Shareholder Value Fred R. Kaen American Management Association New York • Atlanta • Brussels • Buenos Aires • Chicago • London • Mexico City San Francisco • Shanghai • Tokyo • Toronto • Washington, D. C. Special discounts on
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| A brief look at one of the 10 best investment banks- Goldman Sachs | | Submitted ToHumayan Kabir Course Teacher Merchant and Investment Banking Course code: FNB 308 Submitted ByShadman Sakib (Student ID: 1264) Md. Fahad Bhuiyan (Student ID: 1271) Edward Francis Gomes (Student ID: 1290) Md. Shariful Alam (Student ID:1287) Rezaul Karim (Student ID:1643) | Dhaka, BangladeshJune 23, 2012 | AssignmentDepartment of Finance & Banking Jahangirnagar University Savar, Dhaka | Introduction
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Measurement of poverty By Name: Course code+ Name: Professor: Institution: City and State: Date: Measurement of Poverty Over the past few decades, there have been dramatic socio-economic and environmental changes around the globe. This has affected phenomena such as growth of the population, rapid urban development, and increased levels of poverty (D’Ambrosio, Deutsch and Silber, 2011). It has also influenced the changes in climatic conditions, increased natural calamities which
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they use it against society in their own selfish desires? It is certainly true that everyone has their own desires, though in one way or another they will eventually revolve around a form of currency. Typically, the most common place with an abundance of this resource is known as a bank. With this new applied technology it makes the job all the easier as to robbing it, though we must comprehend the negating technology and the process that it creates. Now we can compensate for this with several plans
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