scholarly journals Assessing the economic benefit share of Woodsland Joint Stock Company and Forest growers household at Tuyen Quang Province, Viet Nam

2020 ◽  
Vol 4 (1) ◽  
pp. 65-72
Author(s):  
Do Hai Yen ◽  
Keyword(s):  
Economic Benefit ◽  
Viet Nam ◽  
Joint Stock Company ◽  
Stock Company

Laos-Vietnam trade hub prospects are unconvincing

2017 ◽  
Keyword(s):  
Sovereign Debt ◽  
Economic Benefit ◽  
Private Capital ◽  
Joint Stock Company ◽  
Unexploded Ordnance ◽  
Infrastructure Development ◽  
Stock Company ◽  
Content Type

Subject Lao and Vietnamese cooperation in infrastructure development and Laos's prospects as an inland trade hub. Significance Laos's government announced on May 25 that it is considering creating a public-private joint stock company to facilitate links with Vietnamese partners as both countries cooperate to develop the Vung Ang port. Proceeding with the project signals a renewed attempt to make Laos land-linked, rather than landlocked. Impacts Laos's leaders face a challenge encouraging neighbours to use the Vung Ang port. Laos-oriented trade alone will be insufficient to make the port commercially viable. In coming years, no major economic benefit for Laos directly stemming from the Vung Ang project is likely. War-era unexploded ordnance may slow construction of the Vung Ang rail link. Absent adequate private capital, sovereign debt could be required for the Vung Ang project, problematic for debt-burdened Laos.

scholarly journals Corporate Governance in South Korean Laws: Some Suggestions for Vietnam

2020 ◽  
Vol 36 (2) ◽  
Author(s):  
Phan Thuy
Keyword(s):  
Corporate Governance ◽  
Legal Framework ◽  
Asia Pacific ◽  
Independent Directors ◽  
Viet Nam ◽  
Joint Stock Company ◽  
Pacific Region ◽  
Legal Systems ◽  
Asia Pacific Region ◽  
Stock Company

Having an advanced legal framework for corporate governance is always one of the most prerequisites for effective business operation of joint stock companies. Being aware of this issue, since the first enactment in 1990, enterprise law in Vietnam has been consecutively improved and newly promulgated to absorb the OECD modern principles of corporate governance and good international practices, particularly from the developed countries which have successful economic cooperation with Vietnam in Asia. This article will focus on exploring and analyzing and making comments on the legal framework and corporate structures of joint stock company regulated in Korean Commercial Code. In term of comparison with those similar elements in Vietnamese Enterprise Law 2014, the article will also make recommendations as suggestions for the improvement of corporate governance law in the country. Keywords: joint stock company, corporate governance, corporate structures, general meeting of shareholders, board of directors, independent directors. References: [1] Park JD, Korea’s Path of Development in Retrospect, trong sách Re-Inventing Africa's Development. Palgrave Macmillan, Cham 2019, (tr.180-201).[2] Jin Oh Seung, Overview of Legal Systems in the Asia-Pacific Region: South Korea, trong Overview of Legal Systems in the Asia- Pacific Region (2004). Paper 6 tại: http://scholarship.law.cornell.edu/lps_lsapr/6. (truy cập 22/2/2019)[3] Black's Law Dictionary (10th Edition), in Co, Bryan A. Garner (Chief Editor), Editor. 2014,, Thomson Reuters, tr. 312.[4] Commercial Act of Korea tại:http://law.go.kr/lsInfoP.do?lsiSeq=176698&urlMode=engLsInfoR&viewCls=engLsInfoR#0000 (truy cập 5/12/2019).[5] Commercial Act of Korea, tlđd. [6] Stock Company tại http://koreanlii.or.kr/w/index.php/Company?ckattempt=1 ( truy cập 23/2/2020).[7] Phan Thị Thanh Thủy, Bàn về tính minh bạch trong quản trị công ty cổ phần ở Việt Nam, Nghiên cứu Lập pháp, kỳ 1 tháng 1/2018, 53-55.[8] Corporate Governance in Korea, International Financial Law Review, tại:https://www.iflr.com/Article/2027067/Corporate-governance-in-Korea.html (truy cập 22/12/2019).[9] LDN 2014 gọi là trách nhiệm của người quản lý công ty cổ phần quy định tại Khoản 1 Điều 160.[10] Lucian a. Bebchuk & Assaf Hamdan, Independent directors and controlling shareholders, University of Pennsylvania Law Review, 2016. Vol. 165,(6): p.1271-1280.[11] Chun, K.H., Korea's Mandatory Independent Directors: Expected and Unexpected Roles, tại https://ssrn.com/abstract=2824303 P9-10 (truy cập 22/1/2020). August 2016,.[12] Block, D.a.G., Anne-Marie, One-Tier vs. Two-Tier Board Structure: A Comparison Between the United States and Germany, Comparative Corporate Governance and Financial Regulation. https://scholarship.law.upenn.edu/fisch_2016/1 2016, p.6 (truy cập 22/2/2020).[13] https://www.tmf-group.com/en/news-insights/articles/2019/february/external-audit-act/.[14] OECD, Nguyên tắc Đối xử bình đẳng giữa các cổ đông trong sách Các nguyên tắc quản trị công ty của OECD tại: https://www.oecd.org/daf/ca/corporategovernanceprinciples/45034702.pdf, tr. 41-47;. 2004.[15] Phan Thị Thanh Thủy, Chương 6, Pháp luật điều chỉnh hành vi kinh doanh ở Việt Nam , tr 251 – 257, trong sách Thể chế pháp luật kinh doanh Việt Nam trong bối cảnh hội nhập cộng đồng kinh tế ASEAN, Phan Thị Thanh Thủy, Chủ biên, NXB Đại học Quốc gia, 2019.[16] Dự thảo Luật Doanh nghiệp (sửa đổi) tháng 3/2020 tại http://duthaoonline.quochoi.vn/DuThao/Lists/DT_DUTHAO_LUAT/View_Detail.aspx?ItemID=1773&LanID=1811&TabIndex=1 (24/3/2020).  

scholarly journals THE ECONOMIC EVALUATION OF FOREST ROAD BUILDING

2010 ◽  
Vol 1 (2) ◽  
pp. 268
Author(s):  
Aina Muška ◽  
Matīss Bičevskis
Keyword(s):  
Economic Evaluation ◽  
Economic Benefit ◽  
Net Present Value ◽  
Joint Stock Company ◽  
Present Value ◽  
Stock Company ◽  
Road Density ◽  
Forest Road ◽  
Road Building ◽  
Over 40 Years

Forest road density in Latvia is insufficient, although the Joint Stock Company ‘‘Latvijas valsts meži” (“Latvian State Forestry”) performs active forest road building. The hypothesis of the research is that the resources invested in a forest road building pay off during its use. The goal of the research is to study the economic benefit from forest road building. The authors’ research showed that the total costs of forest road building and use could result in Ls 246,779 over 40 years or Ls 6,170 per year. The benefit from building a forest road could be Ls 42,661 in cash or 0.89 Ls/m3 . Thus the total net loss is Ls 204,118. The calculation of the net present value with the discount rate of 2% also showed that forest road building is not economically beneficial in the researched period.

Studying Demand for Institutes of Corporate Governance: Legal Aspects

2003 ◽  
pp. 50-61 ◽  
Author(s):  
T. Medvedeva ◽  
A. Timofeev
Keyword(s):  
Corporate Governance ◽  
Legal Aspects ◽  
Joint Stock Company ◽  
Federal Law ◽  
Stock Company ◽  
Open Joint Stock Company ◽  
Open Joint ◽  
Market Relations ◽  
Corporate Legislation

The article analyzes legal aspects of institutes of corporate governance. Different draft laws "On Joint-Stock Companies" are considered which reflected interests of separate groups of participants of market relations. Stages of property redistribution are outlined. The advantages of the model of the open joint-stock company are formulated. Special attention is paid to the demand for legal institutes of corporate governance as well as to the process of accepting the Federal Law "On Entering Amendments to the Federal Law "On Joint-Stock Companies"" which was enacted in 2002. The article contains proposals directed at improvement of corporate legislation.

Assessment of professional risk of health of workers of the enterprise for repair of railway carriage

2020 ◽  
pp. 9-19
Author(s):  
O. Klepikov ◽  
A. Boreyko ◽  
G. Kurenkova
Keyword(s):  
Relative Risk ◽  
Working Conditions ◽  
Light Level ◽  
Occupational Risk ◽  
Rolling Stock ◽  
Joint Stock Company ◽  
Stock Company ◽  
Production Factors ◽  
Object Of Study ◽  
High Level

The aim of the study was to assess the professional risk of developing diseases in workers of the railway car repair enterprise. The Voronezh Car Repair Plant, a branch of Vagonremmash Joint-Stock Company, was chosen as the object of study. Methods: «The methodology for calculating individual occupational risk depending on the working conditions and the health status of the employee», developed by the Klin Institute for Protection and Working Conditions in conjunction with the Research Institute of Occupational Medicine (2013), the main professions; cohort study with the calculation of the relative risk of morbidity with temporary disability, the odds ratio, the etiological share of factors in the formation of morbidity (group size: 250 people, experimental group — workers of the main specialties, 95 people — comparison group). Results. According to the research results, the priority factors of occupational health risk include: chemical, noise, heating microclimate, low light level. For certain professions, the share of the contribution of priority factors to the risk profile (PV) reaches 40 %. The indicator of individual occupational risk is 0.12 to 0.26 units. The high level of professional risk (0.22 ÷ 0.26) is characterized by the working conditions of the mechanics for the repair of rolling stock, machine tools (woodworking), casters (metal), thermists, plastic casters. In professional groups with medium and high risk, the indicator of the relative risk of morbidity with temporary disability is higher than 1 (RR = 1.75 and 1.39, respectively), and the etiological share of production factors in the formation of diseases is from 27.95 (subgroup with secondary professional risk) up to 42.88 % (a subgroup with high professional risk), which indicates the professional condition of the disease. Discussion. In general, our data are consistent with the results of similar studies conducted earlier at the car building and car repair enterprises. In order to ensure hygienically safe working conditions and preserve the health of workers, it is necessary to reduce the level of exposure to production factors, including through the introduction of modern equipment and improvement of technological processes.

EVALUATION OF THE FINANCIAL STABILITY OF THE INSURANCE ORGANIZATION

2020 ◽  
pp. 68-78
Author(s):  
Oleg Georgievich Blazhevich
Keyword(s):  
Capital Structure ◽  
Financial Stability ◽  
Load Level ◽  
Joint Stock Company ◽  
Insurance Company ◽  
Working Capital ◽  
Stock Company ◽  
Ability To Pay ◽  
Essential Component ◽  
Equity Ratio

The article studies the financial stability of a particular insurance organization. The financial stability of the insurance company is an essential component of its activities and characterizes the ability to pay off its obligations on time and in full. The analysis of financial stability is defined as an independent object of evaluation, which explores the structure of the formation and use of capital. To assess the financial stability of the insurance company, a set of indicators was formed, including the following ratios: level of equity, ratio of equity to liabilities, ratio of insurance premiums and insurance reserves, ratio of working capital and non-current capital, level of permanent capital, ratio of equity and insurance reserves, level of debt load, level of insurance reserves. The insurance public joint-stock company RESO-Garantia was chosen as the object of analysis. The analysis showed that the capital structure in the insurance company under consideration is not optimal. The company has a shortage of insurance reserves, which is offset by equity.

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