scholarly journals Difficulties in establishing a limited liability company in Great Britain during the 1860s and the role of financial information: a case history

2001 ◽  
Vol 8 (2) ◽  
pp. 143-161 ◽  
Author(s):  
P. BARNES ◽  
R. J. FIRMAN
Keyword(s):  
Decision Making ◽  
Great Britain ◽  
Case History ◽  
Limited Liability ◽  
Financial Information ◽  
Limited Liability Company ◽  
New Class ◽  
First Time ◽  
Made In

As a result of legislation in 1855, 1856 and 1862 that effectively enabled limited liability companies to be formed with minimum difficulty for the first time, there was an explosion of new companies. However, after the collapse of Overend, Gurney Ltd in 1866 they became unpopular. This paper examines the case of a business which failed to raise the necessary funding because of suspicion of exaggerated claims made in public prospectuses and the ways in which it attempted to survive. This gypsum industry case history also illustrates the problems facing the new class of ‘pure’ investors and directors who had little understanding of the industry in which their company was operating and the nature and reliability of the financial information available to them required for their decision-making.

scholarly journals Low-Information Voting: Evidence From Instant-Runoff Elections

2018 ◽  
Vol 46 (6) ◽  
pp. 1012-1038 ◽  
Author(s):  
R. Michael Alvarez ◽  
Thad E. Hall ◽  
Ines Levin
Keyword(s):  
Decision Making ◽  
Image Data ◽  
Individual Level ◽  
Rank Ordering ◽  
Level Data ◽  
Voter Decision Making ◽  
First Time ◽  
Made In ◽  
Runoff Elections

How do voters make decisions in low-information contests? Although some research has looked at low-information voter decision making, scant research has focused on data from actual ballots cast in low-information elections. We focus on three 2008 Pierce County (Washington) Instant-Runoff Voting (IRV) elections. Using individual-level ballot image data, we evaluate the structure of individual rankings for specific contests to determine whether partisan cues underlying partisan rankings are correlated with choices made in nonpartisan races. This is the first time that individual-level data from real elections have been used to evaluate the role of partisan cues in nonpartisan races. We find that, in partisan contests, voters make avid use of partisan cues in constructing their preference rankings, rank-ordering candidates based on the correspondence between voters’ own partisan preferences and candidates’ reported partisan affiliation. However, in nonpartisan contests where candidates have no explicit partisan affiliation, voters rely on cues other than partisanship to develop complete candidate rankings.

scholarly journals Phenotypic Susceptibility to Bevirimat in Isolates from HIV-1-Infected Patients without Prior Exposure to Bevirimat

2010 ◽  
Vol 54 (6) ◽  
pp. 2345-2353 ◽  
Author(s):  
Nicolas A. Margot ◽  
Craig S. Gibbs ◽  
Michael D. Miller
Keyword(s):  
Recombinant Viruses ◽  
Gag Polyprotein ◽  
New Class ◽  
Major Mutation ◽  
Hiv Drugs ◽  
The Impact ◽  
First Time ◽  
Hiv 1

ABSTRACT Bevirimat (BVM) is the first of a new class of anti-HIV drugs with a novel mode of action known as maturation inhibitors. BVM inhibits the last cleavage of the Gag polyprotein by HIV-1 protease, leading to the accumulation of the p25 capsid-small peptide 1 (SP1) intermediate and resulting in noninfectious HIV-1 virions. Early clinical studies of BVM showed that over 50% of the patients treated with BVM did not respond to treatment. We investigated the impact of prior antiretroviral (ARV) treatment and/or natural genetic diversity on BVM susceptibility by conducting in vitro phenotypic analyses of viruses made from patient samples. We generated 31 recombinant viruses containing the entire gag and protease genes from 31 plasma samples from HIV-1-infected patients with (n = 21) or without (n = 10) prior ARV experience. We found that 58% of the patient isolates tested had a >10-fold reduced susceptibility to BVM, regardless of the patient's ARV experience or the level of isolate resistance to protease inhibitors. Analysis of mutants with site-directed mutations confirmed the role of the V370A SP1 polymorphism (SP1-V7A) in resistance to BVM. Furthermore, we demonstrated for the first time that a capsid polymorphism, V362I (CA protein-V230I), is also a major mutation conferring resistance to BVM. In contrast, none of the previously defined resistance-conferring mutations in Gag selected in vitro (H358Y, L363M, L363F, A364V, A366V, or A366T) were found to occur among the viruses that we analyzed. Our results should be helpful in the design of diagnostics for prediction of the potential benefit of BVM treatment in HIV-1-infected patients.

scholarly journals The Linkage of the Board of Directors and the Status of Aviation Industry Licensing Law

2017 ◽  
Vol 3 (1) ◽  
pp. 1
Author(s):  
LESTARI NINGRUM
Keyword(s):  
Legal Status ◽  
Limited Liability ◽  
Third Party ◽  
Aviation Industry ◽  
Limited Liability Company ◽  
Basic Capital ◽  
The Status ◽  
Business Entities ◽  
Capital Intensive ◽  
Made In

Aviation business is a capital intensive and high risk in terms of safety. Legislation in force in Indonesia requires enterprises should cost in the form of a limited liability company that is obliged to deposit the basic capital of 500 billion rupiah. The capital cannot be made in working capital which is useful for the collateral to a third party. The regulations for a limited liability company are to be established by at least 2 people. The purpose of this research is to analyze the linkage of the board directors and the status of aviation industry licensing law. The position of the legal status of business entities where shareholder is only one person is to be studied in this descriptive study. The result shows that the airlines company should provide the capital risk and high insurance of the third party. UUPT also has given the authority of the shareholders (who owns 20 % of the share) to be decision makers in the company. However, without independent surveillance, it is possible that the shareholders do some mistakes in making decisions. Some mistakes are related to the policy, the using of authorized capital, and others. Aviation business is a capital intensive and high risk in terms of safety. Legislation in force in Indonesia requires enterprises should cost in the form of a limited liability company that is obliged to deposit the basic capital of 500 billion rupiah. The capital cannot be made in working capital which is useful for the collateral to a third party. The regulations for a limited liability company are to be established by at least 2 people. The position of the legal status of business entities where shareholder is only one person is to be studied in this descriptive study.

scholarly journals The Rights of Science and the Rights of Politics: Lessons from the Long-form Census Controversy

2012 ◽  
Vol 37 (3) ◽  
pp. 295-318 ◽  
Author(s):  
Michael Yeo
Keyword(s):  
Public Policy ◽  
Decision Making ◽  
Policy Decisions ◽  
Long Form ◽  
Science And Politics ◽  
The Relationship ◽  
Normative Account ◽  
Made In ◽  
Conceptual Resources

One of the main issues in the long-form census controversy concerned the relationship between science and politics. Through analysis of the arguments and underlying assumptions of four influential and exemplary interventions that were made in the name of science, this paper outlines a normative account of this relationship. The paper nuances the science-protective ideals that critics invoked and argues that such conceptual resources are needed if science is to be protected from undue political encroachment. However, in their zeal to defend the rights of science critics claimed for it more than its due, eclipsing the value dimension of policy decisions and failing to respect the role of politics as the rightful locus of decision making for value issues. An adequate normative account of the relationship between science and politics in public policy must be capable not only of protecting science from politics but also of protecting politics from science.

scholarly journals Perlindungan Hukum Pemegang Saham Minoritas Perseroan Terbatas Tertutup dan Keadilan Berdasar Pancasila

SASI ◽  
2019 ◽  
Vol 25 (2) ◽  
pp. 199
Author(s):  
Mustaqim Mustaqim ◽  
Agus Satory
Keyword(s):  
Decision Making ◽  
Qualitative Data ◽  
Legal Protection ◽  
Limited Liability ◽  
Secondary Data ◽  
General Meeting ◽  
Voting Rights ◽  
Limited Liability Company ◽  
Minority Shareholders ◽  
Full Control

Legal protection for the majority shareholders is sufficiently guaranteed, especially through the mechanism of the RUPS, but this is not the case for minority shareholders, thus creating an injustice problem for minority shareholders. The purpose of this study is to uncover and find out legal protection for minority shareholders in a limited liability company based on Pancasila justice. This research is normative juridical so it uses secondary data with the law approach and qualitative data analysis. The results showed that the General Meeting of Shareholders did not reflect legal protection for minority shareholders, because in every decision making through the General Meeting of Shareholders and various other decisions based on the attendance quorum about the majority of votes present at the General Meeting of Shareholders. Such matter is detrimental to the interests of minority shareholders because without the presence of minority shareholders, a General Meeting of Shareholders can be held, while minority shareholders also have the same rights and obligations and responsibilities. The majority of shareholders hold a large and full control over the company, resulting in minority shareholders, there is no guarantee to get justice based on Pancasila justice. Therefore, the General Meeting of Shareholders must be held if attended by all shareholders with voting rights present or represented. If this is not the case, the results of the General Meeting of Shareholders may be canceled.

scholarly journals Magnetically driven jets and winds from weakly magnetized accretion discs

2019 ◽  
Vol 490 (3) ◽  
pp. 3112-3133 ◽  
Author(s):  
J Jacquemin-Ide ◽  
J Ferreira ◽  
G Lesur
Keyword(s):  
Numerical Simulations ◽  
Energy Content ◽  
Initial Energy ◽  
Accretion Discs ◽  
Analytical Models ◽  
Magnetorotational Instability ◽  
New Class ◽  
Analytical Criterion ◽  
First Time

Abstract Semi-analytical models of disc outflows have successfully described magnetically driven, self-confined super-Alfvénic jets from near-Keplerian accretion discs. These jet-emitting discs (JEDs) are possible for high levels of disc magnetization μ defined as μ = 2/β, where beta is the usual plasma parameter. In near-equipartition JEDs, accretion is supersonic and jets carry away most of the disc angular momentum. However, these solutions prove difficult to compare with cutting-edge numerical simulations, for the reason that numerical simulations show wind-like outflows but in the domain of small magnetization. In this work, we present for the first time self-similar isothermal solutions for accretion–ejection structures at small magnetization levels. We elucidate the role of magnetorotational instability-like (MRI) structures in the acceleration processes that drive this new class of solutions. The disc magnetization μ is the main control parameter: Massive outflows driven by the pressure of the toroidal magnetic field are obtained up to μ ∼ 10−2, while more tenuous centrifugally driven outflows are obtained at larger μ values. The generalized parameter space and the astrophysical consequences are discussed. We believe that these new solutions could be a stepping stone in understanding the way astrophysical discs drive either winds or jets. Defining jets as self-confined outflows and winds as uncollimated outflows, we propose a simple analytical criterion based on the initial energy content of the outflow, to discriminate jets from winds. We show that jet solution is achieved at all magnetization levels, while winds could be obtained only in weakly magnetized discs that feature heating.

Role of Traditional Institutions in Governance ‐ Experience from Karbi Anglong, Assam

2010 ◽  
Vol 3 (2) ◽  
pp. 265-277 ◽  
Author(s):  
Alaka Sarmah ◽  
Chucheng Fa Gogoi
Keyword(s):  
Decision Making ◽  
Decision Making Process ◽  
Local Structures ◽  
The People ◽  
Democratic Principle ◽  
Traditional Institutions ◽  
Economic Assets ◽  
Common Understanding ◽  
Made In

Governance today is of paramount apprehension for any state. Concern for governance therefore reveals new areas of articulation for a state and the people living within its jurisdiction. For many, governance refers to certain conditions necessary for a state through which it can exercise power in managing the nation's social and economic assets and also becomes the precondition for realizing democratic ideals. Though the notion of governance is different for different people, one common understanding of it is the decision making process as well as the process of implementation of those decisions. This process also identifies involvement of different structures from different walks of life, signifying both the formal as well as informal actors. In this background, the traditional institutions of a society also have their appeal for involvement of local structures in the issues of governance. The traditional institutions of Karbi Anglong also entails such appeals, because of its involvement in civil, socio-economic and religious jurisdiction of the local interests. Therefore the participation of people through such institutions has been recognized as a process of grass rooting the democratic principle of governance in its most popular form as mentioned above. In this paper an attempt is made in recognizing the effect of the traditional institutions in Karbi Anglong more specifically among the Karbi Tribes.

scholarly journals Peran Humas Perusahaan dalam Pelaksanaan Tanggung Jawab Sosial terhadap Masyarakat Desa Sekampil Kecamatan Pelepat Kabupaten Bungo Provinsi Jambi

2019 ◽  
Vol 3 (2) ◽  
pp. 65-78
Author(s):  
Sri Wahyuni ◽  
Samsu ◽  
Sururudin
Keyword(s):  
Community Development ◽  
Public Relations ◽  
Social Responsibility ◽  
Government Regulation ◽  
Limited Liability ◽  
Positive Influence ◽  
Environmental Responsibility ◽  
Limited Liability Company ◽  
Corporate Social

This research was motivated by complaints from residents of Sekampil village who felt uncomfortable with the pollution of the river water they use for their daily life, which was allegedly due to the disposal of the company's factory waste into the river. On the other hand, the company wants to provide social responsibility or CSR grants. Public Relations is the company's bridge to communicate with the Sekampil community. The purpose of this study is to explain CSR and the role of public relations in this situation. The study found that the first implementation of corporate social responsibility at PT. Citra Sawit Harum has generally been implemented based on the applicable provisions, namely Law Number 40 of 2007 concerning Limited Liability Companies and Government Regulation Number 47 of 2012 concerning Social and Environmental Responsibility of Limited Liability Companies as the implementation regulations. However, in Sekampil there are still shortcomings in its implementation, namely the limited number of scholarships and community development. Although, overall, it has had a positive influence on the community around the company. In the future, the company must be more effective in carrying out social responsibility so that the community around the company does not feel disadvantaged by the existence of this limited liability company.

scholarly journals Information and Strategic Aspects of Financial Statements in the Assessment of their Users

2019 ◽  
Vol 19 (2) ◽  
pp. 176-187
Author(s):  
Grażyna Voss
Keyword(s):  
Decision Making ◽  
Research Methodology ◽  
Financial Statements ◽  
General Purpose ◽  
Financial Information ◽  
Accounting Ethics ◽  
Decision Making Processes ◽  
Principles Of Accounting ◽  
First Time

Abstract Research background: General purpose financial statements constitute a source of financial information used by different groups of stakeholders. However, the frequency of changes concerning the form and content of reports insinuates uncertainty in relation to the credibility and thorough understanding of included information. Purpose: The aim of the article is to verify the suitability and utilisation of financial statements in decision-making processes and evaluation of their reliability as assessed by unit managers and tax advisors. Research methodology: In the first half of 2018 a survey was conducted among 60 tax advisors concerned with legal and tax services of economic entities and an identical survey was conducted among 60 managers of entities recognised as big economic entities functioning in the area of Kuyavian-Pomeranian and Pomeranian Voivodships. Results: The surveys conducted in selected groups of stakeholders make it possible to indicate the areas in which the presented contents are not fully used and do not provide any basis for them to be recognised as compatible with the rules of ethics. Novelty: For the first time, questionnaires were conducted in various groups of users of financial statements, they determined the level of their interest in particular elements of the report and the principles of accounting ethics.

scholarly journals Novel Insight Into the Development and Function of Hypopharyngeal Glands in Honey Bees

2021 ◽  
Vol 11 ◽  
Author(s):  
Saboor Ahmad ◽  
Shahmshad Ahmed Khan ◽  
Khalid Ali Khan ◽  
Jianke Li
Keyword(s):  
Honey Bees ◽  
Future Research ◽  
Factors Affecting ◽  
Hypopharyngeal Glands ◽  
And Function ◽  
First Time ◽  
The Brain ◽  
Insight Into ◽  
Made In

Hypopharyngeal glands (HGs) are the most important organ of hymenopterans which play critical roles for the insect physiology. In honey bees, HGs are paired structures located bilaterally in the head, in front of the brain between compound eyes. Each gland is composed of thousands of secretory units connecting to secretory duct in worker bees. To better understand the recent progress made in understanding the structure and function of these glands, we here review the ontogeny of HGs, and the factors affecting the morphology, physiology, and molecular basis of the functionality of the glands. We also review the morphogenesis of HGs in the pupal and adult stages, and the secretory role of the glands across the ages for the first time. Furthermore, recent transcriptome, proteome, and phosphoproteome analyses have elucidated the potential mechanisms driving the HGs development and functionality. This adds a comprehensive novel knowledge of the development and physiology of HGs in honey bees over time, which may be helpful for future research investigations.

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