The document discusses how business law can contribute to a country's economic development. It defines key terms like economy and development. It explains how businesses help develop an economy and the roles of different sectors. The major branches of business law are outlined, including company law, contracts, banking, and industrial disputes. Specific cases are analyzed and it is argued that business law establishes rules for businesses, facilitates trade, and resolves disputes, thereby promoting a stable environment for economic growth.
Public and Private Sector leadership is systematically improving the Ohio business climate to make the state the ideal location for companies to compete in the global economy. Ohio is executing reform that is substantially lowering the cost of doing business in the state - with the lowest taxes in the Midwest by 2010.
On average, Ohio's tax reform will cause businesses to see a drop of 64% on their corporate taxes. See the impact by industry with the Ohio Tax Reform: Year 2 in Review.
Short presentation on 'internal controls for the class IPOL 8530 'The Finance Function' in Social Change Organizations'. This class is part of the Master of Public Administration (MPA) program in the Graduate School of International Policy & Management at the Monterey Institute of International Studies (MIIS). Presentation created by Alfredo Ortiz Aragón, adjunct professor.
Public and Private Sector leadership is systematically improving the Ohio business climate to make the state the ideal location for companies to compete in the global economy. Ohio is executing reform that is substantially lowering the cost of doing business in the state - with the lowest taxes in the Midwest by 2010.
On average, Ohio's tax reform will cause businesses to see a drop of 64% on their corporate taxes. See the impact by industry with the Ohio Tax Reform: Year 2 in Review.
Short presentation on 'internal controls for the class IPOL 8530 'The Finance Function' in Social Change Organizations'. This class is part of the Master of Public Administration (MPA) program in the Graduate School of International Policy & Management at the Monterey Institute of International Studies (MIIS). Presentation created by Alfredo Ortiz Aragón, adjunct professor.
Governance Rules For Executive Pay – The EU and G20 Perspectives By Leonardo ...MSL
Leonardo Sforza discusses governance rules for executive pay from both an EU and G20 perspective in the November 2013 edition of Benefits & Compensation International.
CTKnowledgeShare: CT Corporation is dedicated to educating our customers on the most current and essential topics for corporate legal and compliance professionals.
Maurice Lévy: The Competitive Lever of Strong Boards and Good GovernanceMSL
Maurice Lévy, Publicis Groupe's chairman and CEO, discusses good corporate governance in this article featured in Directors & Boards. Under his stewardship Publicis Groupe has been transformed into a global powerhouse of leading creative advertising and marketing agencies. Among his many awards, Institutional Investor magazine named him Europe's Best CEO in the media industry, and in 2012 WomenCorporateDirectors honored him and Publicis with its Visionary Award for Leadership and Governance of a Public Company.
This is about the difficulties to establish the Rule of Law in Soth-Est Europe, about the economic costs of a lack it and about thrust and confidence building in networks.
Corporate Governance Reforms Post Global Financial CrisisSanjay Uppal
Every financial crisis is typically followed by introduction of new regulations. However, the avalanche of new policies, guidance & regulations in recent years following the onset of the financial crisis will lead to unprecedented transformation in the governance of banks and financial services organizations.
The presentation analyses key events leading up to this crisis, changes in corporate governance sweeping across, US, UK & Europe and the challeges that organiations, regulators, governments and other stakeholder face in this period of transformation.
Trans-Pacific Partnership Agreement (TPPA): Good Governance Empowerment in Ma...inventionjournals
Trans-Pacific Partnership Agreement (TPPA) was signed by 12 members of Asia Pacific Economic Corporation (APEC) on 4th February 2016, after five years of negotiation. The members are Malaysia, Singapore, Brunei, Vietnam, Chile, Peru, Australia, New Zealand, Japan, Mexico, Canada and United States of America. The Agreement seems to be a new pace in Free Trade Agreement (FTA) between nations in the region as it is genuinely constructed to facilitate nation members toward good governance. This article will specifically narrow to Transparency and Anti-Corruption element in the Agreement, despite other elements relate to good governance strategy in TPPA includes, (1) Antitrust / Competition Policy, (2) Government procurement, (3) Intellectual Property (IP), and (4) Investor-State Dispute Settlement (ISDS). Chapter 26 in the Agreement specialized to Transparency and Anti-Corruptionthat members committed to implement in trading activities among themselves. Two vital rules of the chapter are, (1) Transparency concept in trading activities between members as every member hold the responsibility to declare implemented and new laws, regulations and procedures to facilitate and ease country members, (2) Anti-corruption action to beconduct by members in every activities relate to every clauses of the Agreement. Malaysia become a member of United Nation Convention Against Corruption (UNCAC) since 2008 and by signing the Agreement, the best practices implemented due to the Agreement can be conducted by standardization to all trade membersout from TPPA ring. This essential move will developedinto good governance in international trading by Malaysia and pulling more investment into the country.
The Companies Act, 2013 has been in force for about a year now. The law while ushering in a new era for corporate regulation in India has introduced massive changes in the way companies govern themselves.
CII has been instrumental in ensuring that industry voices were heeded during each stage of evolution of the Act. Our advocacy still continues with formal submissions on implementation of the legislation which has now thrown up newer issues and challenges. This is being done through various mediums including consolidated CII Representations; closed-door meetings with industry captains; one-to-one meetings with concerned Ministers and other key officials at the MCA.
Based on these submissions and interactions, many concerns highlighted by CII post notification of the Act and Rules have been clarified / notified by MCA. The remaining issues cover provisions relating to onerous requirements for private companies and closely-held unlisted public companies; related party transactions; CSR; amounts treated as deposits; certification of internal financial controls instead of internal control over financial reporting; consolidation of accounts; alignment with SEBI regulations, etc amongst others. These provisions require reconsideration either due to their extended reach or complexity in drafting the regulation or practical difficultly in compliance.
Planning for Future Tax Legislations: Interview with: Michael Hainkel, Senior Vice President, Tax, Lions Gate Entertainment Corporation, a speaker at the marcus evans Tax Officers Summit XIV 2012, focuses on how information can be shared within organizations to increase tax savings and the role of Tax Officers as advisors.
Governance Rules For Executive Pay – The EU and G20 Perspectives By Leonardo ...MSL
Leonardo Sforza discusses governance rules for executive pay from both an EU and G20 perspective in the November 2013 edition of Benefits & Compensation International.
CTKnowledgeShare: CT Corporation is dedicated to educating our customers on the most current and essential topics for corporate legal and compliance professionals.
Maurice Lévy: The Competitive Lever of Strong Boards and Good GovernanceMSL
Maurice Lévy, Publicis Groupe's chairman and CEO, discusses good corporate governance in this article featured in Directors & Boards. Under his stewardship Publicis Groupe has been transformed into a global powerhouse of leading creative advertising and marketing agencies. Among his many awards, Institutional Investor magazine named him Europe's Best CEO in the media industry, and in 2012 WomenCorporateDirectors honored him and Publicis with its Visionary Award for Leadership and Governance of a Public Company.
This is about the difficulties to establish the Rule of Law in Soth-Est Europe, about the economic costs of a lack it and about thrust and confidence building in networks.
Corporate Governance Reforms Post Global Financial CrisisSanjay Uppal
Every financial crisis is typically followed by introduction of new regulations. However, the avalanche of new policies, guidance & regulations in recent years following the onset of the financial crisis will lead to unprecedented transformation in the governance of banks and financial services organizations.
The presentation analyses key events leading up to this crisis, changes in corporate governance sweeping across, US, UK & Europe and the challeges that organiations, regulators, governments and other stakeholder face in this period of transformation.
Trans-Pacific Partnership Agreement (TPPA): Good Governance Empowerment in Ma...inventionjournals
Trans-Pacific Partnership Agreement (TPPA) was signed by 12 members of Asia Pacific Economic Corporation (APEC) on 4th February 2016, after five years of negotiation. The members are Malaysia, Singapore, Brunei, Vietnam, Chile, Peru, Australia, New Zealand, Japan, Mexico, Canada and United States of America. The Agreement seems to be a new pace in Free Trade Agreement (FTA) between nations in the region as it is genuinely constructed to facilitate nation members toward good governance. This article will specifically narrow to Transparency and Anti-Corruption element in the Agreement, despite other elements relate to good governance strategy in TPPA includes, (1) Antitrust / Competition Policy, (2) Government procurement, (3) Intellectual Property (IP), and (4) Investor-State Dispute Settlement (ISDS). Chapter 26 in the Agreement specialized to Transparency and Anti-Corruptionthat members committed to implement in trading activities among themselves. Two vital rules of the chapter are, (1) Transparency concept in trading activities between members as every member hold the responsibility to declare implemented and new laws, regulations and procedures to facilitate and ease country members, (2) Anti-corruption action to beconduct by members in every activities relate to every clauses of the Agreement. Malaysia become a member of United Nation Convention Against Corruption (UNCAC) since 2008 and by signing the Agreement, the best practices implemented due to the Agreement can be conducted by standardization to all trade membersout from TPPA ring. This essential move will developedinto good governance in international trading by Malaysia and pulling more investment into the country.
The Companies Act, 2013 has been in force for about a year now. The law while ushering in a new era for corporate regulation in India has introduced massive changes in the way companies govern themselves.
CII has been instrumental in ensuring that industry voices were heeded during each stage of evolution of the Act. Our advocacy still continues with formal submissions on implementation of the legislation which has now thrown up newer issues and challenges. This is being done through various mediums including consolidated CII Representations; closed-door meetings with industry captains; one-to-one meetings with concerned Ministers and other key officials at the MCA.
Based on these submissions and interactions, many concerns highlighted by CII post notification of the Act and Rules have been clarified / notified by MCA. The remaining issues cover provisions relating to onerous requirements for private companies and closely-held unlisted public companies; related party transactions; CSR; amounts treated as deposits; certification of internal financial controls instead of internal control over financial reporting; consolidation of accounts; alignment with SEBI regulations, etc amongst others. These provisions require reconsideration either due to their extended reach or complexity in drafting the regulation or practical difficultly in compliance.
Planning for Future Tax Legislations: Interview with: Michael Hainkel, Senior Vice President, Tax, Lions Gate Entertainment Corporation, a speaker at the marcus evans Tax Officers Summit XIV 2012, focuses on how information can be shared within organizations to increase tax savings and the role of Tax Officers as advisors.
Ahead of the marcus evans Tax Officers Summit 2022, read here an interview with Chris Roetheli on what strategies and programs would help the tax function drive ESG impact.
Anatomy of Intangible Transfer Pricing Scheme, With A Focus on Corporate Rest...taxguru5
"Amidst the OECD's inclusionary efforts, many issues remain unresolved, particularly when it comes to the transfer of intangibles for the specific purpose of bus"
TaxGuru is a platform that provides Updates On Amendments in Income Tax, Wealth Tax, Company Law, Service Tax, RBI, Custom Duty, Corporate Law , Goods and Service Tax etc.
To know more visit https://taxguru.in/income-tax/anatomy-intangible-transfer-pricing-scheme-focus-corporate-restructurings.html
Doing Business In Belarus 2012 The World Bank ReportAlexanderJRogan
The Doing Business Project provides objective measures of business regulations and their enforcement across 183 economies and selected cities at the subnational and regional level.
The Doing Business Project, launched in 2002, looks at domestic small and medium-size companies and measures the regulations applying to them through their life cycle.
By gathering and analyzing comprehensive quantitative data to compare business regulation environments across economies and over time, Doing Business encourages countries to compete towards more efficient regulation; offers measurable benchmarks for reform; and serves as a resource for academics, journalists, private sector researchers and others interested in the business climate of each country.
Doing Business In Kazakhstan 2012 The World Bank ReportAlexanderJRogan
The Doing Business Project provides objective measures of business regulations and their enforcement across 183 economies and selected cities at the subnational and regional level.
The Doing Business Project, launched in 2002, looks at domestic small and medium-size companies and measures the regulations applying to them through their life cycle.
By gathering and analyzing comprehensive quantitative data to compare business regulation environments across economies and over time, Doing Business encourages countries to compete towards more efficient regulation; offers measurable benchmarks for reform; and serves as a resource for academics, journalists, private sector researchers and others interested in the business climate of each country.
Anatomy of Intangible Transfer Pricing Scheme, With A Focus on Corporate Rest...taxguru5
"Amidst the OECD's inclusionary efforts, many issues remain unresolved, particularly when it comes to the transfer of intangibles for the specific purpose of bus"
TaxGuru is a platform that provides Updates On Amendments in Income Tax, Wealth Tax, Company Law, Service Tax, RBI, Custom Duty, Corporate Law , Goods and Service Tax etc.
To know more visit https://taxguru.in/income-tax/anatomy-intangible-transfer-pricing-scheme-focus-corporate-restructurings.html
The main objective of this course is to provide students with knowledge and techniques in developing networks and clusters of SMEs. But before we delve into details of such techniques, it is imperative we understand how these SMEs came about. There are certain things you need know about SMEs. Don’t you think so? This will trigger the student to reflect from a broader perspective how to position the concept of networks and clustering within the confines of SMEs. For example, what are SMEs and what contributions do they bring to society? Are SMEs in America different from those in Cameroon? If so, what makes them different and are there similarities between them? A discussion on SMEs is relevant due to the role they play in employment creation and economic growth worldwide (Fan, 2003; Tambunan, 2008; Wattanapruttipaisan, 2003). We need to know, enterprises of this category are attributed as backbones to economic development.
Doing Business In Russia 2012 The World Bank ReportAlexanderJRogan
The Doing Business Project provides objective measures of business regulations and their enforcement across 183 economies and selected cities at the subnational and regional level.
The Doing Business Project, launched in 2002, looks at domestic small and medium-size companies and measures the regulations applying to them through their life cycle.
By gathering and analyzing comprehensive quantitative data to compare business regulation environments across economies and over time, Doing Business encourages countries to compete towards more efficient regulation; offers measurable benchmarks for reform; and serves as a resource for academics, journalists, private sector researchers and others interested in the business climate of each country.
How business law largely contribute towards country’s Development
1. Higher Diploma in Business & Financial Management
Group Presentation- Legal Aspect Of Management
“Ways in which ‘Business Law’ What is economy of a country
can largely contribute towards
the development of country’s
Economy” How does Businesses help developing an
” Economy
The Law and Business Law in Brief
Introduction
Branches of Business Law connecting all
the areas of Business.
Practical Examples of Business law cases
How Can Business law Largely contribute
to towards country’s Economy
Conclusion.
05/04/2013 Business Law- Group 2 1
2. Higher Diploma in Business & Financial Management
Group Presentation- Legal Aspect Of Management
“Ways in which ‘Business
Law’ can largely contribute
towards the development
of country’s Economy” Economy
The wealth and resources of a country or
What is region, esp. in terms of the production and
Economy of a
consumption of goods and services.
country
Main parties
involve in an
Economy. Main Parties
involved
How Does
Business Law
connects? Private
State Sector
Sector
05/04/2013 Business Law- Group 2 2
3. Higher Diploma in Business & Financial Management
Group Presentation- Legal Aspect Of Management
“Ways in which ‘Business Law’ Laws that decide the rights, duties and
can largely contribute towards
the development of country’s obligations of persons involved in
Economy”
business, commerce and trade.
WHAT IS ECONOMY Maintains a balance between the interest
OF A COUNTRY
Main parties involve in
of the business enterprise and the
an Economy consumers and regulates the different laws
How Does and methods by which any business is
conducted
Business Law
connects
Law as a integral Part of Society. It reflects
that values and the current practices of a
country where business matters.
05/04/2013 Business Law- Group 2 3
4. Higher Diploma in Business & Financial Management
Group Presentation- Legal Aspect Of Management
“Ways in which ‘Business
Setting up
Bankruptcy business
Law’ can largely contribute Acquiring
towards the development of and
land and
country’s Economy” Winding
Machinery
up
WHAT IS Expansions and Recruiting
ECONOMY OF A Tex benefits employees
COUNTRY
Main parties involve
in an Economy
How Does Taxation Banking and
Business Dividends Financing
Law
connects
Debt and Sale of
recovery goods
Exports
Agency and
and
Contracts
imports
05/04/2013 Business Law- Group 2 4
5. Higher Diploma in Business & Financial Management
Group Presentation- Legal Aspect Of Management
“Ways in which ‘Business It talks about continual improvement
Law’ can largely contribute
towards the development of of Standard of living, security,
country’s Economy” stability for growth and investment
and human rights, which guarantee
protection against
HOW DOES BUSINESS oppression and discrimination which
HELPS DEVELOPING
AN ECONMY.
improve quality of life in term
satisfactory and freedom to choose.
What is
“A Developed county is one that allows all its
Development citizens to enjoy a free and healthy life in a safe
When does this
Development occur environment”- Kofi Annan.
What Does it require
In Which ways
Development help
Economy
05/04/2013 Business Law- Group 2 5
6. Higher Diploma in Business & Financial Management
Group Presentation- Legal Aspect Of Management
“Ways in which ‘Business
• Capital
Law’ can largely contribute
towards the development of
• Security
country’s Economy”
• Change in Political
balances
What is Development
When does this
Development
occur
What Does it require
In Which ways
Development help
Economy
05/04/2013 Business Law- Group 2 6
7. Higher Diploma in Business & Financial Management
Group Presentation- Legal Aspect Of Management
“Ways in which ‘Business
Law’ can largely contribute Good Frame
towards the development of of Business Sustainability
country’s Economy” Law
What is Development
Global
When does this Drivers Efficiency
Development occur Best practices
What Does it
require New
technology
In Which ways and
Investment
Development help
Economy
05/04/2013 Business Law- Group 2 7
8. Higher Diploma in Business & Financial Management
Group Presentation- Legal Aspect Of Management
“Ways in which ‘Business
Law’ can largely contribute
towards the development of
country’s Economy”
Domestic Exports and
Produce Imports
What is Development
When does this Economy
Development occur
What Does it require
In Which ways
Development Infrastructure Services
help Economy
05/04/2013 Business Law- Group 2 8
9. Higher Diploma in Business & Financial Management
Group Presentation- Legal Aspect Of Management
“How Business law
Largely contribute
towards country’s Civil Law Criminal law
Economy” A branch of common
The body of law that
law dealing with relations
between individuals or relates to crime.
organizations (as opposed
House of Law & to criminal law)
Business Laws In Brief
Civil Law
Criminal Law
Business Law/
Business Law Commercial Law
Is the body of law that
applies to the rights,
relations, and conduct of
persons and businesses
engaged in commerce,
merchandising, trade, and
sales.
10. Higher Diploma in Business & Financial Management
Group Presentation- Legal Aspect Of Management
“How Business law
Largely contribute
What does Businessman need?
towards country’s
Economy”
11. Higher Diploma in Business & Financial Management
Group Presentation- Legal Aspect Of Management
“How Business law Largely
contribute towards country’s What is good governance?
Economy” full respect of human rights
rule of law
effective participation
multi-actor partnerships
House of Law &
Business Law political pluralism. ect.
What Does
Businessman Key attributes of good governance
Need transparency
responsibility
accountability
participation
responsiveness (to the needs of the people)
12. Higher Diploma in Business & Financial Management
Group Presentation- Legal Aspect Of Management
“How Business law Largely
contribute towards country’s How are good governance and human
Economy” rights linked?
Democratic institutions
Service delivery
Rule of law
House of Law & Anti-Corruption
Business Law
How are good
governance and Good governance, human rights
human rights
linked? and development
Good made directly or indirectly by the
governance,
human rights
international community in a number of
and development declarations and other global conference
documents.
‐ Declaration on the Right to Development
‐ Millennium Declaration ect.
13. Higher Diploma in Business & Financial Management
Group Presentation- Legal Aspect Of Management
“Ways in which ‘Business
Main Branches of Business Law
Law’ can largely contribute • Consumer
towards the development • Taxation
Protection
of country’s Economy” • Laws against • Restrictive trade
bribery and practices
corruption • Monopolies and
Forms of mergers
Main Branches of Business
Contract Law
Business Law Co,
Property law
Partnerships
Etc, ,
Finance and Sale of Goods
Banking Intellectual
Imports & property,
exports trade marks
• Fundamental • Industrial and
• Rights in Labour laws
Business • Environment
laws
05/04/2013 Business Law- Group 2 13
14. Higher Diploma in Business & Financial Management
Group Presentation- Legal Aspect Of Management
“Ways in which ‘Business Forms of Business Organization
Law’ can largely contribute
towards the development Low relating to
of country’s Economy”
Companies, (updated Act 7- 2007)
Branches of Business
Partnership,
Law
Agency,
Forms of Government Depts., Public Corp.,
Business
Organization
Benefit of
Benefit of forming a Company
Forming a Legal Entity
company Recognition
legally Confidence
Accountability
Legal Protection of Both Co and stake
holders.
05/04/2013 Business Law- Group 2 14
15. Higher Diploma in Business & Financial Management
Group Presentation- Legal Aspect Of Management
“Ways in which ‘Business Industrial Labor Laws, Unions &
Law’ can largely contribute
towards the development Industrial Disputes
of country’s Economy”
EPF Chaos at Ratnayake EPZ –May
Branches of Business 2011
Law
$‘000,000 Revenue loss in 4 days
Forms of Exports and imports loss
Business
Investor confidence
Organization
Impact on Sri Lanka economy & BOP
Benefit of
Forming a
company
legally
05/04/2013 Business Law- Group 2 15
16. Higher Diploma in Business & Financial Management
Group Presentation- Legal Aspect Of Management
“How Business law Largely
contribute towards country’s Branches of Business Law connecting all the
Economy” areas of Business.
Branches of
Business Law Law of Contracts
Acts of Low relates of Finance and Banking
Contracts
Hedging
Financial Acts
Petroleum Corporation hedging case
Business Acquisitions and Land
acquisitionis.
John Keels Vs Govt of Sri Lanka.
17. Higher Diploma in Business & Financial Management
Group Presentation- Legal Aspect Of Management
“How Business law Largely
contribute towards country’s Branches of Business Law connecting all the
Economy” areas of Business.
Setting up
Bankrupt business Acquiring
Law of Contracts
cy and land and
Winding Machiner
up y
Recruitin
Low R elating to Finance and Banking
Expansions
g
and Tex
employee
benefits
s
Taxation
Banking Hedging
and
Dividends
Financing
Short term loss
Debt and
recovery
Sale of
goods Long term gain
Exports Agency
and
imports
and
Contracts Business Acquisitions and Land
Acqiuisitions.
John Keels Vs Govt of Sri Lanka.
Law of
Contracts# Fundamental rights
Finance and
Banking
18. Higher Diploma in Business & Financial Management
Group Presentation- Legal Aspect Of Management
“Ways in which ‘Business
Law’ can largely contribute
towards the development of
country’s Economy”
Branches of
Business Law
Forming a
Company
Recruitments
Industrial
Disputes
05/04/2013 Business Law- Group 2 18
19. Higher Diploma in Business & Financial Management
Group Presentation- Legal Aspect Of Management
“Ways in which ‘Business
Setting up
Bankruptcy business
Law’ can largely contribute Acquiring
towards the development of and
land and
country’s Economy” Winding
Machinery
up
WHAT IS Expansions and Recruiting
ECONOMY OF A Tex benefits employees
COUNTRY
Main parties involve
in an Economy
How Does Taxation Banking and
Business Dividends Financing
Law
connects
Debt and Sale of
recovery goods
Exports
Agency and
and
Contracts
imports
05/04/2013 Business Law- Group 2 19
20. Higher Diploma in Business & Financial Management
Group Presentation- Legal Aspect Of Management
“Ways in which ‘Business Practical Examples for Business law
Law’ can largely contribute
towards the development of and cases
country’s Economy”
Conclusion(Law as a Ruler, Executor,
Mentor, Administrator, Protector and a Saviour)
“Ways in which ‘Business Law’ can largely
contribute towards the development of
country’s Economy”
Thank YOU!
Group 2
05/04/2013 Business Law- Group 2 20