Outsourced workers are less likely to be on a fixed-term contract

Good faith has been defined as justice, fairness, reasonableness, decency, taking no chances, and so on. The concept of good faith has long been rooted in contract law under the jurisdiction of Civil law, although the definition of it is still debated until today. However, the view of the Common Law tradition does not recognize the concept of good faith as long as the contract is entered into with the freedom of contract and both parties abide by the terms of the contract. Given that a franchise contract involves a long-term contract and always been developed, it is impossible to define both rights and responsibilities base on express terms only. As such, the franchise contract gives the franchisor the right to exercise its discretion in executing the contract. It is in this context that the element of good faith is very important to ensure that the franchisor does not take advantage of the franchisee and that the business continues to prosper. Therefore, the objective of this article is to discuss the concept of good faith in a franchise contract. The findings show that the common law system that initially rejected the application of the concept of good faith also changed its approach and began to recognize the concept of good faith as it is very important for relational contracts such as franchise contracts.

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Analisis Penerapan Pengakuan Pendapatan Kontrak Konstruksi Berdasarkan PSAK 34

Jurnal Ilmiah Akuntansi Kesatuan ◽

10.37641/jiakes.v7i3.298 ◽

2019 ◽

Vol 7 (3) ◽

pp. 391-396

Author(s):

Riki Subagja ◽

Didit Pradipto

Keyword(s):

Accounting Standards ◽

Financial Statements ◽

Revenue Recognition ◽

Short Term ◽

Construction Contracts ◽

Term Contract ◽

Short Term Contract ◽

The One ◽

Construction Services

This study aims to analyze the implementation of contract revenue recognition based on PSAK 34. The problem that is often faced by companies that are particularly engaged in the field of construction services in the recognition of income is the method of revenue recognition what should be used or applied, because there are differences in recognition between the one method with others. Especially if a project is done is more than a year or the so-called Long-term project. In addition, the presentation of financial statements of income recognition in each accounting period must be reported in accordance with generally accepted Accounting Standards (PSAK No. 34 concerning Construction Contracts). There is only one method used or applied that is the percentage completion method. The percentage method recognizes income with two approaches, based on physical progress and cost-to-cost. PT X as a construction service company uses the percentage of completion method with a physical progress approach (Physical progress) in the recognition of his opinion for both long-term contract and short-term contract. The results of this study conclude that the accounting treatment of the application of revenue recognition of construction services by using the percentage of completion method with physical progress approach on PT X is in conformity with the accounting standards set in PSAK No. 34. However, when compared to revenue recognition using the percentage of completion method with a cost-to-cost approach the firm can recognize the revenue and expenses more to illustrate or show a more proportional calculation because it corresponds to the costs incurred or poured out. Keywords: revenue recognition, expense recognition, PSAK no. 34

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Notice to terminate a fixed-term contract of employment

Studia Iuridica Toruniensia ◽

10.12775/sit.2018.038 ◽

2019 ◽

Vol 23 ◽

pp. 253

Author(s):

Beata Rutkowska

Keyword(s):

Term Contract ◽

Contract Of Employment

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Prominent challenges of fixed-term contracts for administrative and professional employees in higher learning institutions of Gauteng Province, South Africa

Problems and Perspectives in Management ◽

10.21511/ppm.14(3-3).2016.08 ◽

2016 ◽

Vol 14 (3) ◽

pp. 650-656

Author(s):

Elsie Skeni Monkwe ◽

Solly Matshonisa Seeletse

Keyword(s):

South Africa ◽

Jel Classification ◽

Higher Learning ◽

Primary Data ◽

Temporary Workers ◽

Gauteng Province ◽

Term Contract ◽

Professional Employees ◽

Precautionary Measures ◽

Learning Institutions

The use of temporary workers by organizations is growing, and has extensively extended to higher learning institutions (HLIs). This paper discusses the challenges of fixed term contract administrative and professional employees (FTC A/Ps) in Gauteng Provinces’ HLIs in South Africa. The research methodology used was exploratory. Surveys were used to collect data. The study sample consisted of 107 FTC A/Ps. Primary data were collected using a questionnaire. Text data were analyzed using the thematic content analysis of qualitative design. The study revealed that the HLIs did not provide training to the FTC A/Ps, but required them to perform as if they were trained. The FTC A/Ps were not getting employee benefits, were abused, underpaid, lacked privileges, lacked morale, could be dismissed any time, were driven to lose trust on managers and to be disloyal to their HLIs. They sometimes caused unscheduled turnover. Their commitment to work diminished. Still, they were bound to increase their productivity under punitive working conditions. The study recommends involving of FTC A/Ps when necessary, and not to abuse them. This also includes possibilities of integrating them in the HLI workforce, but to put proper precautionary measures when empowering them. Keywords: abuse, fixed term contract, higher learning institutions, roll over. JEL Classification: J71, J81, J82

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From Flexicurity to Flexsecquality?: The Impact of the Fixed-Term Contract Provisions on Employment in Science Research

International Studies of Management and Organization ◽

10.2753/imo0020-8825370103 ◽

2007 ◽

Vol 37 (1) ◽

pp. 53-79 ◽

Cited By ~ 21

Author(s):

Louise Ackers ◽

Liz Oliver

Keyword(s):

Science Research ◽

Term Contract ◽

The Impact

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From Long-term Contract to Market: An RBC Perspective on International Negotiations of Iron Ore Prices in the Asia-Pacific Region, 2009–2010

International Negotiation ◽

10.1163/15718069-25131243 ◽

2020 ◽

Vol 25 (2) ◽

pp. 345-371

Author(s):

Yue Wang ◽

Akira Tanaka ◽

Xiaochun Huang

Keyword(s):

Iron Ore ◽

Negotiation Process ◽

Point Of View ◽

International Negotiations ◽

Asia Pacific ◽

Pacific Region ◽

Asia Pacific Region ◽

Systematic Analysis ◽

Term Contract

Abstract The collapse of a long-term contract-based (LTC) benchmark system and the rise of a market-based index system in international negotiations of iron ore prices in the Asia-Pacific region has attracted much media attention. However, a systematic analysis of why and how such a change occurred from a negotiation point of view is absent. Drawing upon a relationship-behavior-conditions (RBC) perspective from the international business (IB) negotiation literature, this article investigates how negotiations between parties unfolded during the 2009–2010 period. Specifically, the article contributes to a deeper understanding of the subject by evaluating the relationships between various negotiating parties, investigating some intriguing behaviors by negotiating parties, and identifying important conditions surrounding the negotiation process. The case of iron ore price negotiation also offers a vehicle to advance the RBC perspective in untangling complex IB negotiation problems and generate some broad implications for IB negotiation research and practices.

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