Management control system in public administration : beyond
... major. Pollitt (1995) underlines the difficulty of defining performance when there are many such interactions. Moreover, the multiplication of interactions can be an important factor in the interpretation of the indicators. - We should not underestimate the motivation of the actors of the public org ...
... major. Pollitt (1995) underlines the difficulty of defining performance when there are many such interactions. Moreover, the multiplication of interactions can be an important factor in the interpretation of the indicators. - We should not underestimate the motivation of the actors of the public org ...
Economic independence of any state depends , first , on
... each and every day of their lives, on the efforts and cooperation of many thousands of specialist workers. In industrialized societies a high standard of living is possible only if the organized cooperation of large numbers of people can be guaranteed. In the economically developed countries we are ...
... each and every day of their lives, on the efforts and cooperation of many thousands of specialist workers. In industrialized societies a high standard of living is possible only if the organized cooperation of large numbers of people can be guaranteed. In the economically developed countries we are ...
LEGAL ENTITIES AND ASSET PARTITIONING IN ROMAN
... Economic activity in modern societies is dominated by organizations. In nearly all commercial transactions, at least one party is a firm organized as a distinct legal entity such as a corporation, trust, or limited liability company. The Roman economy was strikingly different. Across its millennium ...
... Economic activity in modern societies is dominated by organizations. In nearly all commercial transactions, at least one party is a firm organized as a distinct legal entity such as a corporation, trust, or limited liability company. The Roman economy was strikingly different. Across its millennium ...
Chapter II Corporate Governance- A Prologue - Shodhganga
... goods provided, and better trading relationships. These Stakeholders provide worth to the organization in various forms i.e. financial, physical, and human. These stakeholders are also apprehensive about corporate social performance. An essential factor which decides the participation of the stakeho ...
... goods provided, and better trading relationships. These Stakeholders provide worth to the organization in various forms i.e. financial, physical, and human. These stakeholders are also apprehensive about corporate social performance. An essential factor which decides the participation of the stakeho ...
Suitability - Alastair Hudson`s
... authorities where it is clear that they allocated risks but not clear that they sought to retain proprietary title in the property transferred to the local authorities. In this regard, it is contended that the standard market documentation is defective in that it provides for the payment of terminat ...
... authorities where it is clear that they allocated risks but not clear that they sought to retain proprietary title in the property transferred to the local authorities. In this regard, it is contended that the standard market documentation is defective in that it provides for the payment of terminat ...
Study on Operation Mechanism of Enterprise Post Monetization Management
... First, the supply and demand mechanism is the competition motion for the staff of same post. Generally speaking, for the same post, under the similar condition of working condition, wage level, welfare and so on, the higher the staff benefits is, the more staffs participate in the post competition, ...
... First, the supply and demand mechanism is the competition motion for the staff of same post. Generally speaking, for the same post, under the similar condition of working condition, wage level, welfare and so on, the higher the staff benefits is, the more staffs participate in the post competition, ...
The Equal Credit Opportunity Act`s Spousal
... erty rights that could not be taken away by the husband in any event. The concept as developed in the United States, with the wife first gaining control over her separate property and then becoming an equal partner in the management of the common fund, gives the wife a share in the fruits of the mar ...
... erty rights that could not be taken away by the husband in any event. The concept as developed in the United States, with the wife first gaining control over her separate property and then becoming an equal partner in the management of the common fund, gives the wife a share in the fruits of the mar ...
Corporate Social Responsibility and Its Role in Community
... emerged after a realization that there is a need for an economics of responsibility, embedded in the business ethics of a corporation. Hence, the old idea of laissez faire business gives way to determinism, individualism to public control, and personal responsibility to social responsibility. Utilit ...
... emerged after a realization that there is a need for an economics of responsibility, embedded in the business ethics of a corporation. Hence, the old idea of laissez faire business gives way to determinism, individualism to public control, and personal responsibility to social responsibility. Utilit ...
reorganizing with Value but Without Profit (or Equity)
... proposed a plan under which it would borrow and distribute to creditors a sum of money totaling the equity in substantially all of its assets. Under this proposal, the debtor estimated that unsecured creditors would receive a 31% return on their claims.17 A creditor group objected, noting, among oth ...
... proposed a plan under which it would borrow and distribute to creditors a sum of money totaling the equity in substantially all of its assets. Under this proposal, the debtor estimated that unsecured creditors would receive a 31% return on their claims.17 A creditor group objected, noting, among oth ...
WHY WOULD CORPORATIONS BEHAVE IN SOCIALLY
... economic institutions vary cross-nationally and affect economic activity. The institutional analysis literature is useful because institutionalists understand that institutions beyond the market are often necessary to ensure that corporations are responsive to the interests of social actors beside t ...
... economic institutions vary cross-nationally and affect economic activity. The institutional analysis literature is useful because institutionalists understand that institutions beyond the market are often necessary to ensure that corporations are responsive to the interests of social actors beside t ...
Property Outline
... added value to other person’s materials. If value added is wholly disproportionate to original value, maker gains title, otherwise original owner has title. However, virtually all cases granting the improver title require a showing of good faith, i.e. willful trespassers will not gain title. Note: I ...
... added value to other person’s materials. If value added is wholly disproportionate to original value, maker gains title, otherwise original owner has title. However, virtually all cases granting the improver title require a showing of good faith, i.e. willful trespassers will not gain title. Note: I ...
THE ENTERPRISE THEORY OF THE FIRM AND THE SYSTEMS
... the wealth concept, it is doubtful as to the logic of attributing corporate income to corporate owner's wealth, since the ovmer may enjoy this wealth only through dividends, upon liquidation of the business, or as a result of selling his individual interest in the firm. The Entity Concept William A. ...
... the wealth concept, it is doubtful as to the logic of attributing corporate income to corporate owner's wealth, since the ovmer may enjoy this wealth only through dividends, upon liquidation of the business, or as a result of selling his individual interest in the firm. The Entity Concept William A. ...
Understanding Internal Control over Financial Reporting and
... Pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; Provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance wit ...
... Pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; Provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance wit ...
Comparison of the Principal Provisions of the
... disadvantages of the two states’ corporation statutes for the benefit of someone who may be considering whether to form a corporation in one state or in the other. It is not exhaustive; it does not deal with every provision of the two statutes. Rather, it covers those provisions of the statutes whic ...
... disadvantages of the two states’ corporation statutes for the benefit of someone who may be considering whether to form a corporation in one state or in the other. It is not exhaustive; it does not deal with every provision of the two statutes. Rather, it covers those provisions of the statutes whic ...
Splunk at Corporate Express
... The ability to easily capture search logic and present it graphically, has allowed Corporate Express to standardize on Splunk as its IT dashboarding environment. “The ability to graphically represent thousands of lines of logs in a single graph is truly powerful,” said Butler, adding, “Splunk has al ...
... The ability to easily capture search logic and present it graphically, has allowed Corporate Express to standardize on Splunk as its IT dashboarding environment. “The ability to graphically represent thousands of lines of logs in a single graph is truly powerful,” said Butler, adding, “Splunk has al ...
1-25 Managerial Finance Function: Relationship to Accounting (cont.)
... • The recent global financial crisis and subsequent responses by governmental regulators, increased global competition, and rapid technological change also increase the importance and complexity of the financial manager’s duties. • Increasing globalization has increased demand for financial experts ...
... • The recent global financial crisis and subsequent responses by governmental regulators, increased global competition, and rapid technological change also increase the importance and complexity of the financial manager’s duties. • Increasing globalization has increased demand for financial experts ...
Filling Gaps in the Close Corporation Contract: A Transaction Cost
... view to maximizing the value of such resources.' 8 Thus, if rational individuals choose to become shareholder-employees of a closely held corporation, they do so in the rational belief that such choice will maximize the value of their human and money capital. This Part provides a transaction cost ex ...
... view to maximizing the value of such resources.' 8 Thus, if rational individuals choose to become shareholder-employees of a closely held corporation, they do so in the rational belief that such choice will maximize the value of their human and money capital. This Part provides a transaction cost ex ...
The Role of Corporate Law in French Corporate Governance
... Part I provides the cultural and historical background of French corporate governance and an overview of the ownership structure of large French firms. This Part explains how State influence and concentrated ownership (whether by the State or a family) have characterized French corporate governance. ...
... Part I provides the cultural and historical background of French corporate governance and an overview of the ownership structure of large French firms. This Part explains how State influence and concentrated ownership (whether by the State or a family) have characterized French corporate governance. ...
Competitive Markets, Corporate Firms, and New Governance
... companies would participate as corporate citizens in new governance processes. As Matten and Crane (2005; p. 174) observe, the ideas of corporate citizenship and of new governance suggest that corporations “have taken over considerable responsibility from governments.” But why would companies accept ...
... companies would participate as corporate citizens in new governance processes. As Matten and Crane (2005; p. 174) observe, the ideas of corporate citizenship and of new governance suggest that corporations “have taken over considerable responsibility from governments.” But why would companies accept ...
Ch 1 Outline THE NATURE OF LAW - Law consists of enforceable
... LEGAL POSITIVISM - Legal positivists believe that there is no higher law than a nation’s positive law (the law created by a particular society at a particular point in time). The law is the law and must be obeyed. C. THE HISTORICAL SCHOOL - The historical school looks to the past to discover what th ...
... LEGAL POSITIVISM - Legal positivists believe that there is no higher law than a nation’s positive law (the law created by a particular society at a particular point in time). The law is the law and must be obeyed. C. THE HISTORICAL SCHOOL - The historical school looks to the past to discover what th ...
- Eric Luis Uhlmann
... facilitating the intuition that he owns that specific coin. If this intuitive sense of ownership results (in part) from the fact that the original owner had physical contact with the coin, it should diminish when the coin has been thoroughly cleaned. The idea here is that by wiping away all physical ...
... facilitating the intuition that he owns that specific coin. If this intuitive sense of ownership results (in part) from the fact that the original owner had physical contact with the coin, it should diminish when the coin has been thoroughly cleaned. The idea here is that by wiping away all physical ...
ID_412C_Yuan_Immersion_Haptics - Renesas e
... Haptics Is The Future Of Digital Technology Immersion brings a full fidelity haptic experience into the controls to complete the user’s loop of reflex and instinct, linking action to reaction for greater enjoyment, accuracy, and safety. The result is less clutter, faster learning, and greater aware ...
... Haptics Is The Future Of Digital Technology Immersion brings a full fidelity haptic experience into the controls to complete the user’s loop of reflex and instinct, linking action to reaction for greater enjoyment, accuracy, and safety. The result is less clutter, faster learning, and greater aware ...
Defenders of the Corporate Bastion in Revlon Zone: Paramount
... new "auctioneer" fiduciary duty for directors when the "break-up" of the corporation becomes "inevitable." 25 Specifically, in Revlon, the court stated that when a board recognizes that the corporation is for sale, it must seek "the best price for the stockholders at a sale of the company." 26 Based ...
... new "auctioneer" fiduciary duty for directors when the "break-up" of the corporation becomes "inevitable." 25 Specifically, in Revlon, the court stated that when a board recognizes that the corporation is for sale, it must seek "the best price for the stockholders at a sale of the company." 26 Based ...
Is the future here? - American Bar Association
... firms could decide for themselves — that is, "check the box" — whether they wanted to be taxed as partnerships and corporations. The check-the-box rule took the lid off of the growth of LLCs. Tax returns for the year 2000 report 718,704 domestic LLCs, up from 589,403 in 1999. The 2002 Annual Report ...
... firms could decide for themselves — that is, "check the box" — whether they wanted to be taxed as partnerships and corporations. The check-the-box rule took the lid off of the growth of LLCs. Tax returns for the year 2000 report 718,704 domestic LLCs, up from 589,403 in 1999. The 2002 Annual Report ...
The Modern Corporation and Private Property
The Modern Corporation and Private Property is a book written by Adolf Berle and Gardiner Means published in 1932 regarding the foundations of United States corporate law. It explores the evolution of big business through a legal and economic lens, and argues that in the modern world those who legally have ownership over companies have been separated from their control. The second, revised edition was released in 1967. It serves as a foundational text in corporate governance, corporate law (company law), and institutional economics.Berle and Means argued that the structure of corporate law in the United States in the 1930s enforced the separation of ownership and control because the corporate person formally owns a corporate entity even while shareholders own shares in the corporate entity and elect corporate directors who control the company's activities. Compared to the notion of personal private property, say as one's laptop or bicycle, the functioning of modern company law “has destroyed the unity that we commonly call property”. This occurred for a number of reasons, foremost being the dispersal of shareholding ownership in big corporations: the typical shareholder is uninterested in the day-to-day affairs of the company, yet thousands of people like him or her make up the majority of owners throughout the economy. The result is that those who are directly interested in day-to-day affairs, the management and the directors, have the ability to manage the resources of companies to their own advantage without effective shareholder scrutiny.“The property owner who invests in a modern corporation so far surrenders his wealth to those in control of the corporation that he has exchanged the position of independent owner for one in which he may become merely recipient of the wages of capital... [Such owners] have surrendered the right that the corporation should be operated in their sole interest...” Berle and Means researched the consequences of ownership and control being separate. As businesses grow and shareholders increase in number, any shareholdings that directors have will be a proportionally smaller capital stake. Directors' income will derive mostly from return on their labor as directors, not from their capital investment. If their motivation is purely pecuniary“the owners most emphatically will not be served by a profit seeking controlling group”.The implications of their work were clear. Berle and Means advocated embedded voting rights for all shareholders, greater transparency, and accountability. However, with the release of the revised edition, Berle and Means also pointed to the disparity that existed between those who did have shareholdings and those who did not.