Advantages And Disadvantages Of Public Listed Finance Essay - Free Essay Example

Generally, the capital of a public listed company is raised from the public. Unlike private limited company, public listed companies have the rights to issue shares on the stock exchange. They can issue shares easily in the share market. In addition, it often requires less time and expenses to issue shares. Therefore, a public listed company can raise large capital in a short period of time without having to spend much. The capital raised can be used to finance business activities for growth, expansion or pay off existing debts. It can also be used to fund research and development, buying assets and acquisitions. Thus, the value of the company will also increase with the growth of the public listed company. ii) Institutional Investment In most of the time, the investment bankers and funds seldom invest in private limited companies. However, they most probably will invest in your company when it is a public listed company. It will eventually increase the companys capital funding alternatives and ability. This is because the investors will gain liquidity and also the fact that public listed companies are more transparent due to the financial report announced publicly. The banks will have more confident towards public companies and less hesitation to lend money to them. As well, public listed companies often receive more favorable lending terms when borrowing from financial institutions. iii) Increase Visibility According to Chris Joseph (2009), being a public listed company means increased visibility and also exposure. The company will gain more awareness from the public through media coverage and publicly filed documents. This can improve the companys profile and eventually increase the value of the company in terms of shares. The increased visibility usually will receive many attractions from the potential customers and investors. This is not something that private company can easily do. Besides, it gives the public listed company a greater level of prestige. Prestige serves as a free source of marketing and helps promote the company as the company gains publicity. iv) Ability to Utilize Stock to Make Acquisitions The stock of a public listed company is as valuable as cash when acquiring other companies or assets. As a public listed company, it creates a type of currency in the form of its stock and the company can use it to make acquisitions. The markets valuation is used by public company when exchanging stock in an acquisition. In another words, public listed company have the ability to utilize stock to make acquisitions. Usually, it is less expensive and easier compared to private companies. v) Greater Employee Attraction and Retention For a public listed company, there will be greater employee attraction. Public listed company mostly does not have difficulty recruiting qualified workers compared to private company (Chris Joseph, n.d.). This is because public listed companies might be more attractive to potential employees since they can pay higher salaries due to the additional capital. These companies also offer enhanced benefits and incentives to motivate employees and improve retention. Besides, the employees also have higher chance to be promoted. Therefore, it creates great employee attraction and retention. Hence, it also increases the companys performance and generates higher profits. Disadvantages i) Profit-sharing Since public listed companies can issue shares, then they have to pay dividends. This means that public listed companies have to share their profits with others, the shareholders. The higher the number of shareholders, the more people the company has to share profits with. Thus, the earnings after paying dividends will be lower. ii) Loss of Overall Control According to Girish Ramachandran (2009), loss of overall control is one of the main disadvantages of being a public listed company. This is because the company has to share ownership with others such as the investors and also the shareholders. As the owners of the company, they have the rights to voice out their opinions and vote for matters that can affect the companys operations. The existing management may have loss of overall control of the company especially when the company is controlled by a group of investors. iii) Loss of Privacy Girish Ramachandran (2009) states that a public listed company will suffer loss of privacy. This is because as a public company, it will attract a lot of media interest as well as has to publish full disclosure about its operations and plans. Additionally, the law also requires the company to publish sensitive information, mostly annually, to prevent insider trading and also to protect the investors. There will be a loss of privacy because the companys financial report that consist of the sales, gross profit, net income, assets and liabilities will be publicly announced. This is a disadvantage as the other competitors can know about the financial position of the company. iv) High Reporting Requirements As a public listed company, there are additional obligations and reporting requirements because they have to fulfill a lot of regulatory requirements and meet accepted standards of corporate governance. Based on Investopedia (2009), public listed companies are regulated by the Securities Exchange Act of 1934 in regard to periodic financial reporting. Comprehensive audited financial statements must be prepared by all the public listed companies and also publish annual reports. Consequently, the company will have to incur high expenses to meet the reporting requirements. In addition, this disclosure provides information to competitors which are a drawback for the public listed companies. v) Pressures to Increase Earnings Although being a public listed company can issue shares, however this also means that there is an increase in accountability to the public shareholders. The shareholders are critical on the performance of the company and constantly look for rising profits. Therefore, public listed companies have to face added pressure of the market to increase earnings. The interest of the shareholders will have to be considered first although it may differ from the companys objectives. Eventually, this may cause them to focus more on short-term results rather than long-term growth (Investopedia, 2009). Hence, to boost earnings, the management even may agree to do somewhat questionable practices.

Mahfuz - 7742 Words

SPOTLIGHT ON HBR AT 90 Spotlight About the Spotlight Artist Each month we illustrate our Spotlight package with a series of works from an accomplished artist. We hope that the lively and cerebral creations of these photographers, painters, and installation artists will infuse our pages with additional energy and intelligence to amplify what are often complex and abstract concepts. This month we showcase the â€Å"rayographs† of Man Ray, the modernist giant. Born in Philadelphia, Ray moved to Paris in 1921, where he experimented with painting, ï ¬ lmmaking, sculpture, and, of course, photography. He created his rayographs by placing objects directly onto photosensitive material and exposing them to light. View more†¦show more content†¦(See the sidebar â€Å"Saving Ourselves from Global Provincialism.†) The Age of â€Å"Scientific Management† In the last two decades of the 19th century, the U.S. was shifting—uneasily—from a loosely connected world of small towns, small businesses, and agriculture to an industrialized network of cities, factories, and large companies linked by rail. A rising middle class was professionalizing—early incarnations of the American Medical Association and the American Bar Association date from this era—and mounting a progressive push against corrupt political bosses and the finance capitalists, who were busy consolidating industries such as oil and steel in the best robberbaron style. Progressives claimed special wisdom rooted in science and captured in processes. Frederick Taylor, who wrote that â€Å"the best management is a true science, resting upon clearly defined laws, rules, and principles,† clearly counted himself in their camp (fans such as Louis Brandeis and Ida Tarbell agreed). His stated goal was the â€Å"maximum prosperity for the employer, coupled with the maximum prosperity for each employee,† through â€Å"a far more equal division of the responsibility between the management and the workmen.† Translation (lest the reader overestimate Taylor’s respect for workers’ potential The Management Century hbr.org Idea in Brief In the early years of the last century, â€Å"improving the practice of management† meant making it more scientific. A newShow MoreRelatedTwo possible solutions for low life expectancy in developing countries1453 Words   |  6 Pageshealth care system Government do not have enough fund to support health equipment and medicine to hospitals or health care center Lack of safe drinking water which contributes diseases such as malaria, diarrheal diseases and respiratory infections (Mahfuz Kabir 2008 ) Early child birth lead to low life expectancy People do not have basic need as sanitary care ( Jeremy Lawrence 2007 ) Solution 1 Expand food production to overcome hunger Try to stop corruption and mismanagement Social status- narrowRead MoreTypes of Disasters that Happen in Malaysia861 Words   |  3 Pagestotal of them. What is sadder, many people onboard were among the important people in Malaysia and guests of Malaysia. They are Minister of Agriculture Datuk Sri Haji Ali Bin Haji Ahmad, Chief Director of Malaysian Public Works Department Tan Sri Mahfuz Khalid, Director of Public Works Division of the Army Datuk Haji Khalid Mohamad, Deputy Director General of the Department of Fisheries Encik Abu Bakar Othman Merican, Political Secretary of Agriculture Encik Hood Fadzil, Ambassador of Cuba to MalaysiaRead MoreWarren Hastings and His Bull: Story Analysis1260 Words   |  5 Pagesand empathy among human beings and also adversely affects their relationships with their family members and friends. The story is relevant today even though it is presented as a historical account of the eighteenth century. References Chowdhury, Mahfuz R. Economic Exploitation of Bangladesh. iUniverse, Inc., 2004. 17. Print. Prakash, Uday. Warren Hastings and His Bull. pp. 17-87. Print. Tobin, Beth Fawkes. The English Garden Conversation Piece in India. In Nussbaum, Felicity A. (ed.). The GlobalRead MoreTerrorism : Terrorism And Terrorism1586 Words   |  7 Pagesextremism is now a global threat. It’s not only a threat for Syria 2. Reporter Raziye Accok describes terrorism as a global challenge. 3. Famous journalist Oliver Smith thinks that terrorism is now a world treat and attacks will be indiscriminate. 4. Mahfuz Anan, editor from Daily star told that terrorist attacks and violent extremism are becoming a part of world discussion. 5. Dr Ali Ashraf, associate professor of International Relations from Dhaka University told that the risk of extremism is complexRead MoreA Report on Using Servqual Model to Assess Service Quality of Airtel7671 Words   |  31 PagesAIRTEL Submitted to Mr. Kazi Mahfuz Mamtazur Rahman Course Instructor Course Title: Service Marketing Course Code: MKT 402 Prepared by— Team: Megamind Aniqa Tahsin Anchal(787) Md. Saidur Rahman (792) Md. Shafaeth Zaman (802) Muqtadir Fattah Nayeeb (807) Nafiz Imtiaz Noor(816) Md. Ashiqul Islam (1332) Md. Asiful Islam (1985) Date of Submission 20th April, 2013 Institute of Business Administration Jahangirnagar University Savar, Dhaka-1342 April 20, 2013 Mr. Kazi Mahfuz Mamtazur Rahman Course InstructorRead MoreSocio Political Allegory Of Park Chan Wook s Oldboy1698 Words   |  7 Pages Mehtasim Mahfuz CCS 394 Professor Pi-Ju Liang Socio-Political Allegory in Park Chan Wook’s Oldboy 10 December 2015 Abstract One of Director Park Chan Wook’s most renowned works is the film Oldboy (2003). At face value, this film appears to be a regular mystery-thriller film. However, after further analysis, there are many parallels to contemporary Korean history and society. These parallels, or allegories, become more apparent upon review of the film. The film contains referencesRead MoreIslam Essay1874 Words   |  8 Pageslater benefit not yet apparent due to mankinds lack of comprehension, and as such does not suggest absence of Gods indignation against evil and disbelief.[57][58] According to Islamic tradition, all that has been decreed is written in al-Lawh al-Mahfuz, the Preserved Tablet.[57]Read MoreThe Scenerio of Music Industry in Bangladesh1842 Words   |  8 Pagesmusic brought a revolutionary change in the history of music in Bangladesh. This genre of music has build a strong position in Bangla music community. Bangla rock was started by Azam Khan, Miles and LRB. Hassan (associated with Ark) and James (Faruk Mahfuz Anam) (associated with Feelings and, later, Nogor Baul) contributed in popularizing rock music. However, hard-rock did not begin until arrival of bands like Rockstrata, and later Warfaze among many others in the early 90s. Bangladeshi rock sceneRead MoreEarly Life and Education4970 Words   |  20 Pagesthe London School of Economics with a masters student. See also: Nagorik Shakti In early 2006 Yunus, along with other members of the civil society including Professor Rehman Sobhan, Justice Muhammad Habibur Rahman, Dr Kamal Hossain, Matiur Rahman, Mahfuz Anam and Debapriya Bhattchariya, participated in a campaign for honest and clean candidates in national elections.[61] He considered entering politics in the later part of that year.[62] On 11 February 2007, Yunus wrote an open letter, published inRead MoreBusiness Communication5499 Words   |  22 PagesJohn D. Pettit amp; Marie E. Flatley 2. Business Communication by Professor Md. Anwar Hossain amp; Yantrue Sarkar 3. Contemporary Business Communication by Louis E. Boone, David L. Kurtz amp; Judy R. Block References 1. Parvez Mahfuz Manager Sonali Bank Limited Fakirapool Branch, Dhaka. Phone No.: 7100556 (Off), 8123957 (Res) Cell No.: 01199-872706 2. Md. Elias Mazumder Vice-President amp; Manager Social Islami Bank Limited Mirpur Branch, Dhaka. Phone No.: 8055323/

Poverty Causes and Effects - 1200 Words

Poverty: Causes and Effects By April Zusman SOC 402 April 22, 2010 Does poverty still exist in America, one of the richest countries in the world? Unbelievably, poverty exists in overabundance. Not only in the inner cities but also in rural areas and areas considered middle class. How are social institutions contributing to poverty and what can we do to alleviate poverty in America? Has poverty contributed to crime? On the other hand, has crime contributed to poverty? Do poverty stricken people have the same rights and basic needs as people who are not living in poverty? Can crime in poverty stricken areas be eliminated if there is no poverty, can poverty even be eliminated? How does one of the richest countries in the world have†¦show more content†¦The American ideal of worth as quoted by Lauer, et al, 2008: â€Å"†¦.For the poor, the right to dignity as human beings is violated by the contradiction between the American ideal of the worth of every individual and the pattern of interaction between the poor and the nonpoor†¦..They tend to be subjected to contempt and rejection and blamed for their plight†¦Ã¢â‚¬  (Lauer, R.H., et al. 2008. Pg 168) If the impoverished are treated with contempt as stated above, it would make sense they turn to crime. The very people that should be helping and being supportive are the very ones who are helping to perpetuate their plight. Police who see the poor automatically will categorize the people in poor areas as criminals. If a poor person, who was not dressed well, maybe clean, but shabby would be treated with suspicion if they were to go into a store in a less poor area. This type of treatment does not help the emotional aspect of the impoverished. Thus, when they turn to crime, they have a feeling of acceptance, especially from gangs. (Lauer, R.H., et al. 2008) If government agencies actually worked together to help end poverty instead of helping corporations and private sectors to gain a profit, think how much less poverty this country would have. If affordable education were offered to the youths and adults in poverty-stricken areas, maybe these people would have a chance to achieve the American dream of happiness and have their dignity. If programs that wereShow MoreRelatedPoverty : The Cause And Effects Of Poverty1326 Words   |  6 PagesPoverty is â€Å"the state or condition of having little or no money, goods, or means of support; condition of being poor† (Dictionary.com, 2017). 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The family self-sufficiency standard serves as an additional measure of poverty, considering what it would take to meet family’s basic needs, such as food, water, warmth, and rest, all without being dependent on external government or charitableRead MoreThe Effects Of Poverty On Families, And The Causes Of Poverty Essay1970 Words   |  8 Pagesline of poverty. Causes of poverty stem from a wide range of factors including, geographical location, education levels, and generational poverty. The effects of poverty can be detrimental to an individual’s psychological and physical health. In the following paper, we will examine the preval ence, impact, and causes related to families that live in poverty. â€Æ' The purpose of this paper is to examine the prevalence of poverty in families, the effect poverty has on families, and the causes of povertyRead MoreExtreme Poverty : Causes, Effects, And Solutions902 Words   |  4 PagesThere are many global issues in the world one of them is extreme poverty. Extreme poverty is an issue in many countries all over the world. There are several causes, effects, and solutions to this issue. Extreme poverty is living on under two dollars a day, migration, violence, lack of education, diseases, starvation and exploitation. Colombia is a country where there are people living on two dollars a day. A country where they are not getting the education thatRead MoreCauses And Effects Of Poverty And Homeless People1696 Words   |  7 PagesCarolina the problem that is needed to be addressed is poverty and homeless people throughout the entire state. Some of the problems the are leading causes to poverty and homeless people is unemployment, which is leading to less to none employment opportunities Leading Causes of Poverty†, and income disparity which is leading to many families to not be able to pay bills, buy, or manage income. With the current issue of the causes and effects of poverty and Homelessness in North Carolina, I had to completeRead MoreThe Causes And Effects Of Poverty On Individuals And Communities Essay1950 Words   |  8 PagesThroughout our course, we have looked at the lives of those economically disadvantaged in our society. We have talked about the causes and effects of poverty on individuals and communities and looked at multiple in depth sociological studies. I have come to the conclusion that sociological research is not relevant until it is grounded in rigorous analysis that takes into account the complex nature of social categories. Likewise, sociological analysis means nothing in a vacuum. Its value lies in theRead MoreWhat Are the Causes and Effects of Poverty in the United States?2655 Words   |  11 PagesWhat are the Causes and Effects of poverty in the United States? Jose Flores Blackstone Academy Charter School Are all Americans grateful for the things they have? What if Americans do not to have the proper basic needs? Many Americans do face this situation and it is called poverty. The top three causes of poverty in United States are lack of education, unemployment and the high cost of health insurance. Americans can overcome the high rate of poverty and alleviate their strugglesRead MorePoverty is the Worst Form of Violence Essay752 Words   |  4 Pagesâ€Å"One must be poor to know the luxury of living† (Bartas). Poverty is a term used to identify shortage in revenue. A more convenient term to the universal stipulation nowadays, however, is absolute poverty. This term recognizes extreme deficiency in fundamental living supplies; food, shelter and water. According to UNICEF, 22,000 children die of famine each day. Furthermore, recent researches have proved out that over 3 billion humans on earth live on less than $2.50 a day. Since half of the worldRead MorePoverty As A Soci al Problem1739 Words   |  7 Pages Poverty as a Social Problem Magdalena Brania Mrs. Kropf May 27, 2015 Poverty is inscribed in the history of the world, but it is not inherent fate of every human being. It is also not related to the human nature, which does not mean that it can not be due to its nature. All communities experience it, with a greater or lesser extent way causing psychological and sociological conflicts. Society who have to deal with poverty is not only from undeveloped countries, but also developedRead MoreCauses And Consequences Of Poverty1349 Words   |  6 PagesCauses of Poverty Poverty is always a topic of debate. Do you believe that people are born, inherited, forced, or choose to live in poverty? I have heard that people make wrong choices in life and end up living a life in poverty. I heard that people inherit debt from other family members to help out, but end up losing it all themselves and I heard people blame the government for not helping those in need. There’s many excuses and people to blame for the failures of such a large issue. The question

Criminal Procedure for British Columbia - myassignmenthelp.com

Question: Discuss about theCriminal Procedure for British Columbia. Answer: According to the facts the legal profession privileges has defines the protection of the communication between the solicitor and their clients who make promised to never disclosed any information regarding to the works. The privilege helps to protects the legal principle for the individual person for their ability to access the justice system by disclosing every information. In Canada Solicitorclient privilege define as a common law evidentiary principle which always makes it recognizable as a substantive rule which always get protected through the constitution (Garland, 2014). According to Justice Lamer the solicitorclient privilege always explain the confidentiality of communication under some circumstances where communication can be disclosed without the client's consent. Without the permission of the law the legitimate exercise of a right make the appearance through the interference of another persons right where the communication with the solicitor should be confidential and must not make any conflict with the confidentiality. The law provides the authority under some condition and when it has been provided to someone it holds the rights of interference with confidentiality. The decision which has been taken must make the choice of means of exercising and the authority make the determination with the decision for not interfering with confidentiality (Murphy, 2015). According to the test on communication of privilege it defines a rule of evidence which helps to protects from disclosure in court documents or communications made for the dominant purpose of litigation: Two factual determinations must be made to assess whether litigation privilege attaches to a document and it arises several queries like was litigation in reasonable prospect at the time the document was produced or what was the dominant purpose for its production? The test has been found in the case of Dos Santos v. Sun Life Assurance Co. of Canada, 2005. In the case of Physicians of British Columbia v. British Columbia (Information and Privacy Commissioner), 2002, the BC Court of Appeal introduced the term dominant purpose which describe the elements requires that litigation be in reasonable contemplation: If litigation was not in reasonable prospect, then the Documents were not produced for the dominant purpose of litigation. Thus, the reasonable contemplation of litigation requir ement should likely be considered first and, if satisfied, the dominant purpose requirement evaluated. When evaluating a claim of privilege one must consider the circumstances and intent when the document was created. The proper time to consider whether the test is met is when the particular documents that are in issue, namely the reports that accompanied the witness statements and photographs, were created like in the case of Sauv v. ICBC, 2010 (Murphy, 2015). A spouse could only be compelled to testify for the prosecution, as an exception to the general rule, if the accused person was charged with certain offences like involving danger or the threat of danger to the spouse, violence, cruelty or threats against the spouses child or violent or sexual offences against any child less than 14 years of age. The OLD sections 4(2) or 4(4) of the Canada Evidence Act define such legislations. According to the common law spouses cannot assert spousal privilege. In the case of R v Nguyen it has been testify that according to the common law spouses did not enjoy the protections of the spousal incompetency rules. However in the case of R vs. Hall it has been found that the rule has been again judged on spousal incompetency about their privilege. according to the fact of the case the Canada Evidence Act has been describe that spouses can and will be compelled to testify against their marriage partners, and that they will need to actively assert a right to spousal privilege if they wish to protect conversations occurring during their marriage. It effectively gives the testifying spouse a choice whether or not to disclose incriminating communications (Garland, 2014). The informer privilege is important because it provided the protection for the enforcement of the law. It is way of the duty of all citizens to apply in enforcing the law. The discharge of this duty carries with it the risk of retribution from those involved in crime (King, 2014). Informer privilege is a class privilege where the relevant relationship is established between the confiding party and the party in whom the confidence is placed, privilege presumptively cloaks in confidentiality matters properly within its scope without regard to the particulars of the situation. According to the Sections 37, 38 and 39 of the Canada Evidence Act legislates the regime for objecting to the disclosure of information. Then an application should be made for further disclosure from defense counsel, where a court might otherwise compel its production. The duty on the part of the Crown to provide disclosure to an accused person. The Crown counsels discretion with respect to both the timing of disclosure and the withholding of information for valid purposes, including the protection of police informers, cabinet confidences and national security, international relations and national defense information (King, 2014). The only exception to informer privilege is innocence at stake. Reference de Vries, J. (2014). Privilege and Limitations: The Impact of Raising the Discoverability of Claims on Solicitor-Client Privilege. Dos Santos v. Sun Life Assurance Co. of Canada, 2005 BCCA 4 Garland, N. (2014). Criminal evidence. McGraw-Hill Higher Education. King, C. (2014). Belief evidence and informer privilege: revisited in Strasbourg. The International Journal of Evidence Proof, 18(4), 340-352. Murphy, G. (2015). Solicitorclient privilege. Physicians of British Columbia v. British Columbia (Information and Privacy Commissioner), 2002 BCCA 665 Sauv v. ICBC, 2010 BCSC 763