9. Control of a company

Author(s):  
Derek French

This chapter discusses how control of a company can be identified and how it can change. It considers takeovers, the City Code and compulsory acquisition of remaining shares. There is full discussion of the provisions for disclosure of significant holdings both to warn of potential takeover moves and to disclose in the public interest who has significant control of a company. The statutory definitions of holding company, subsidiary and wholly owned subsidiary are considered.

Author(s):  
Derek French

This chapter discusses how control of a company can be identified and how it can change. It considers takeovers, the City Code and compulsory acquisition of remaining shares. There is full discussion of the provisions for disclosure of significant holdings both to warn of potential takeover moves and to disclose in the public interest who has significant control of a company. The statutory definitions of holding company, subsidiary and wholly owned subsidiary are considered.


2021 ◽  
pp. 222-245
Author(s):  
Derek French

This chapter discusses how control of a company can be identified and how it can change. The chapter considers takeovers, the City Code and compulsory acquisition of remaining shares. There is full discussion of the provisions for disclosure of significant holdings both to warn of potential takeover moves and to disclose in the public interest who has significant control of a company. Shares in public companies may be held by nominee owners and this may disguise the fact that one person is building up a significant holding. The statutory definitions of holding company, subsidiary and wholly owned subsidiary are considered.


Author(s):  
Derek French

This chapter discusses some of the procedures to be followed when transferring some or all of a company member’s shares to another person, for sales on and off the London Stock Exchange, transfers of all or a part of a member’s holding and transfers of certificated and uncertificated shares. After describing share certificates and uncertificated shares, the chapter considers the problem of who should bear the loss when a transfer of shares is forged or fraudulent. It also explores transmission of shares on death or bankruptcy. Transferring shares may result in a change of control of a company. The chapter considers takeovers, the City Code and compulsory acquisition of remaining shares. There is full discussion of the provisions for disclosure of significant holdings both to warn of potential takeover moves and to disclose in the public interest who has significant control of a company.


Author(s):  
Glen Davis

Serious misconduct, or breaches of duty by a company or its directors affecting the company’s relationships with members of the public, may trigger an investigation by the Secretary of State into the manner in which the company’s business has been conducted, or even the appointment of inspectors and publication of a formal report. In an appropriate case, the Secretary of State or a regulatory authority may petition the court to wind the company up on the basis that it is ‘just and equitable’ to do so in the public interest. Such a liquidation need not be predicated on insolvency. A winding-up order terminates the directors’ powers of management and is the logical response to misconduct or mismanagement by directors which is revealed by an inspector’s report.


Author(s):  
Derek French

This chapter focuses on the members or shareholders of a company and the way in which they take decisions on the company’s affairs by written resolution using a statutory procedure. It begins by considering the rules which determine who is a member of a company and the information on the members which a company must record. It then describes the mandatory rules of company law that allow members to participate in decision-making with regards to a company’s affairs; members’ class rights and the alteration of such rights; and the definitions of holding company, subsidiary and wholly owned subsidiary. Relevant provisions of the Companies Act 2006 governing written resolutions of private companies, meetings and annual general meetings, voting, adjournment of meetings and authorisation of political donations by companies are also discussed. The chapter analyses a number of particularly significant cases.


2018 ◽  
Vol 181 ◽  
pp. 10007
Author(s):  
Budi Sugiarto Waloeya ◽  
Imma Widyawati Agustin ◽  
Dadang Meru Utomo

Increasing the number of population every year in the city of Malang makes the increase also the number of private vehicle users who trigger the occurrence of congestion and lack of public interest to ride public transport, especially in terms of operation and service of public transportation. The main purpose of the research is to explore factors causing the decrease of public transport passengers for LDG route. The research used Importance Performance Analysis. The results showed that the main factors causing the decrease of the number of passengers on the LDG route in Malang City based on the public perception such as driver behavior, the condition of the transport (inside and outside), transportation hygiene, the availability of place to put luggage, the availability of seating, the availability of route / route information LDG transport, duration of stop transportation time at the terminal, and length of travel time.


2020 ◽  
Vol 3 (2) ◽  
pp. 66
Author(s):  
Benyamin Haritz ◽  
Amran Amran ◽  
Lia Muliawaty

The main problem in this research is the performance of organizations in infrastructure development for the public interest in Bekasi City has not increased which is assumed by Collaborative Governance and coordination that has not been implemented effectively. The research method used was an explanatory survey method with a quantitative approach . Research shows that collaborative governance and coordination to simultaneously deliver a huge influence (86 , 2 %) and significant impact on the performance of the organization in the development of infrastructure in the public interest in Bekasi. organizations on the development of infrastructure in the public interest in Bekasi was not only influenced by collaborative governance and coordination alone but there are other variables that come to influence the amount of (13 , 8 %). Partially Collaborative governance in the process of infrastructure development provides the smallest and most significant influence on the performance of organizations in infrastructure development for the public interest in the City of Bekasi compared to coordination of 34 , 3 %. The dimensions of the Collaborative governance that provide the most impact to the smallest of the performance of the organization in order are the dimensions of the system contexs (13 , 7 %) , drivers (9.3%) and dimensional dynamics collaboration (4.0%). Partially the coordination in the process of infrastructure development has the most significant and significant influence on the performance of organizations in infrastructure development for the public interest in Bekasi City compared to collaborative governance of 51 , 9 . The dimension of coordination that has the biggest to the smallest influence on organizational performance in sequence is the dimension of effective communication facilities (11.5%), the dimension provides clarity of authority and responsibility (8.1%), the dimensions of supervision, observation and assessing the habits of the elements which is contradictory (7.6%) and the dimension of coordination as one of the leadership abilities (0.8%).


Author(s):  
Muhamad Dhanutirto F. Tuwow ◽  
Bambang Hariadi ◽  
Ali Djamhuri

This study aims to construct the assets accountability of the Sultan Mudaffar Sjah II era of the Ternate’s Sultanate (1975-2015). The focus of the study was to uncover various forms of embodiment and values contained in accountability during the Sultan Mudaffar Sjah II Ternate’s Sultanate. This research uses ethnographic methods developed by River and Boas. The analysis used to answer research questions uses Foucoult's historical thought analysis of Power-Knowledge. Questions were given to several informants who explained that they were competent to support this research. In carrying out asset accountability, the values inherent in the Accountability of Sultan Mudaffar Sjah are based on the philosophy of Jou se Ngofangare which is closely held by the Ternate’s Sultanate. Accountability of Jou se Ngofangare is what gave birth to a trilogy of dimensions that instills the values of a harmonious relationship between humans and God, humans and humans, and the relationship between humans and nature. The construction of accountability for Sultan Mudaffar's assets takes several forms: His view is that all property is intended for the people. Much has been done by Sultan Mudaffar Sjah during his leadership in the contemporary era, from protecting all forms of the Sultanate's assets. Starting from accountability for power, accountability for trust and responsibility for customary land, until he also donated land for the public interest in this case to the City Government of Ternate, namely for the construction of Khairun University as well as the construction of an airport.


2018 ◽  
Vol 2 (2) ◽  
pp. 264 ◽  
Author(s):  
Minhee Choi ◽  
Holly Overton ◽  
Robert McKeever

CSR partnerships have evolved and taken various forms as companies and nonprofit organizations work toward creating societal change for the public good. This study examined public relations advocacy in the context of CSR communication through a 2 x 2 online experiment with a sample of 240 participants. Specifically, this study examined interactions between CSR fit, stage of partnership, and individuals’ activism levels on individuals’ attitude toward a company, a nonprofit, and skepticism levels toward the CSR partnership. High fit and philanthropic stage of partnership became significant factors on attitude toward the company. Individuals’ activism levels had a positive interaction with stage of partnership in predicting skepticism toward the partnership. Theoretical implications and practical applications for public interest communications are discussed. 


Sign in / Sign up

Export Citation Format

Share Document