The approach to disclosure in the Companies Act 2006 is preoccupied Essay

The approach to disclosure in the Companies Act 2006 is preoccupied with one audience, shareholders - Essay Example The obvious way for companies to prove legitimacy to the wider class of stakeholders is through reporting requirements. Unfortunately, the Companies Act 2006, while recognizing the social contract between the company and stakeholders, does not make social and environmental reporting mandatory. A close reading of the relevant sections of the 2006 Act reveals that environmental and social reporting are entirely voluntary. It is therefore reasonable to conclude that the Companies Act 2006 has shifted momentum in favour of stakeholder theory to the principle of shareholder primacy. Clark and Knight argue that the disclosure requirements contained in the Companies Act 2006 appear to meet the needs of shareholder and while they may appear to meet the needs of stakeholders, the disclosure requirements are motivated by the market value of the corporation rather than expanding the concept of corporate social responsibility. In this regard, the disclosure requirements of the Companies Act 2006 speaks to informing the shareholders of the company rather than to all stakeholders. Essentially, companies, may if they wish, inform stakeholders of their social and environmental activities and policies, while they must inform shareholders of their financial activities and policies. This is symptomatic of the ambiguous approach taken by the Companies Act 2006 to stakeholder and shareholder primacy.

Ethics Essay Example | Topics and Well Written Essays - 1250 words - 3

Ethics - Essay Example As with all opinions, just because they are diverse, does not mean that one is right, or one is wrong. Aristotle’s views, while not necessarily congruent with Plato’s views, do show a strong influence as a result of what Plato taught. Plato’s discourses are heavily influenced by the Pre-Socratics and Sophists, and none too little influenced by Socrates himself, however, while they may show those influences, the views are entirely his own. Plato’s primary literary form was the dialogue; he would use two characters of opposing sides arguing each point with the other in order to show both sides of the philosophical question and in doing so, allow his true views to show through. In The Allegory of the Cave, an excerpt from Plato’s Republic, the reader receives some insight into what Plato believes â€Å"the good life† to be. Plato speaks first of the State, and discussing how it can be tailored to be the best that it can be, speaking of how †Å"the State in which the rules are most reluctant to govern is always the best and most quietly governed, and the State in which they are most eager, the worst (The Allegory of the Cave, 4).† This is one of the more influential teachings of Plato’s in relation to Aristotle, something that will be touched upon later. Plato, still in The Allegory of the Cave, discusses Homer’s perspective, â€Å"Better to be a poor servant of a poor master, and to endure anything, rather than think as they do and live after their manner? Yes, he said, I think that he would rather suffer anything than entertain these false notions and live in this miserable manner† (6). Plato refers to the concept discussed regarding those whose eyes are not yet opened to the fact that the shadows are not reality; that anything at all would be better than to remain under the false impression that the shadows dancing on the wall are all that is there, are all that is real. He would rather have enlightenment, knowledge, and suffer, than to remain in the dark forever, thus showing that one characteristic of â€Å"the good life† in his view, is knowledge. A key insight into Plato’s view comes along towards the end of The Allegory of the Cave when he pronounces â€Å"they who are truly rich, not in silver and gold, but in virtue and wisdom, which are the true blessings of life† (10), showing that in order to have it good, one must have virtue and wisdom, before any form of monetary wealth, in order to be considered to have a high quality of life. It is not just Plato’s Republic, however, that shows what his opinions are on what is good and what is right; one must look to Plato’s other works in order to find out more. Plato took it upon himself to write of Socrates, and the trial which took place during his life. Socrates had a habit of not writing down any of his teachings, preferring instead to spending the time teaching others to question the world as he did. Among Plato’s other works were the Euthyphro, the Apology, and the Crito; these works speak of the trial, the sentencing, the imprisonment and the death of Socrates. Based upon the way that Plato has written these discourses, in fact, the way that he wrote all of his works, it is a task of relative ease to pull key phrasing from these dialogues, in order to find out more about what Plato considers to be â€Å"the good life.† In the Euthyphro, Plato makes it clear that distinction is important. It is not enough to know generally of what a thing is,

CASE 4 Electronic and Mobile Commerce Essay Example | Topics and Well Written Essays - 1000 words

CASE 4 Electronic and Mobile Commerce - Essay Example The free access to information across multiple global markets is severely disrupting the market dynamics as consumers are getting more aware and demanding in nature. Today’s global consumers are focusing highly on buying the right products, which provides them with a greater value as well as consumer satisfaction. This tendency of consumers is creating cross geographical demands for products and services. In order to capitalize on the business opportunity, associated with cross cultural demand for products and services, businesses need to make their presence in the online arena, which is managed by electronic and mobile commerce. This assignment intends to focus on the steps that businesses needs to follow to create online presence and the related skills that are needed to manage it. It will also take into account the opportunities and challenges associated with electronic and mobile commerce. The first step is the analysis of potential e-business initiatives. In order to do so, the online businesses need to focus on either value creation for stakeholders or improving cost efficiencies. In order to create value for the stakeholders through e-business, a firm should concentrate on customers as well as the related components of a value chain which comprises of suppliers, distributors and partners. For improving cost efficiency through e-business initiatives, the firm should concentrate on the internal business process and functions as it will benefit them in the long run. The next step is to analyze the functional scope of e-business initiatives. It is important to mention that the proper categorization of the e-business initiatives on the basis of functional scope enhances the ability of the firm to qualitatively identify the estimated business value along with cost savings. The third step is to analyze the scalability of benefits associated with the e-business initiatives. For the purpose of this

The Cell Cycle Essay Example | Topics and Well Written Essays - 500 words - 20

The Cell Cycle - Essay Example Meiosis is a form of cell division that results in the formation of haploid gametes. In meiosis I, the homologous chromosomes are separated. The first phase is prophase I where the chromosome condenses and pairs to recombine. The second is metaphase I that involves attachment of chromosomes to the spindle fibers and aligns with the call center. At anaphase I, the chromosomes migrate to opposite poles while spindle fibers shorten. The last phase is telophase I where there is the formation of the nuclear membrane.However, meiosis II involves separation of the chromosomes to form two chromatids. The phases in meiosis II include prophase II, where there is dissolving of the nuclear membrane, condensing of chromosomes and the formation of spindle fibers. In Metaphase II, chromosomes align at the center of attachment of spindle fibers. Anaphase II follows; chromatids migrate to opposite poles while spindle fibers shorten. The last phase is telophase II where there is the formation of the n uclear membrane. Finally, the cytokinesis occurs resulting in the formation of four haploid cells.In prophase I, anaphase I and anaphase II there is crossing over that lead to the formation of four unique chromatids hence increasing genetic variation. Crossing over is vital in the evolution since it brings emergence of species that are more adapted and resistant in the environment. The two-fold cost of sexual reproduction refers to where members must produce both male and female sexes during reproduction.

Evaluate aspects of inclusive learning Essay Example | Topics and Well Written Essays - 250 words

Evaluate aspects of inclusive learning - Essay Example Nevertheless, when bearing in mind inclusive learning and the need for belonging, there are extra measures a teacher can take (Simpson, 2014: 1). In planning of lessons, it is significant to not only consider what is being taught and where but also how (Melbourne, 2012: 1). In order to aid the feeling of an inclusive group, a teacher can take into consideration the learning physicality of the environment and if possible change it to support inclusivity. Where suitable this could be as modest as moving desks from a theatre style to a horseshoe style or cabaret to boost group communication as well as ascertain that all students can access or perceive their teacher equally. This action is supported by Bandura’s social learning theory. This theory says that learning happens in a social context just as much as what is learned is via observation of others (Bandura, 2014:Â  1). By having seating arrangement in a way that creates clear lines of sight and simple social communication, the teacher will permit students to develop a social bond to aid learning. In conclusion, inclusive teaching is all about accommodating, recognizing, as well as meeting learning needs of all students. In addition, it acknowledges that students have a range of personal learning needs. Melbourne, L. 2012. PTLLS PGCE CTLLS Post 16 Education Preparing to Teach in the Lifelong Learning Sector [online] Available at: [Accessed 2 April

Land Use Effects on Water Quality at Different Sites along the River Literature review

Land Use Effects on Water Quality at Different Sites along the River Ribble - Literature review Example Several scholars have released many notable works regarding river preservation. This literature review will explore the important points stated by some of them and discover how various methods suggested by them will be useful to protect the unique nature of the river Ribble in England. River Ribble situated on the North Western part of England is an important river in the UK. River Ribble originates in the Yorkshire Dales region and flows east draining into the Irish Sea. River Ribble covers nearly 110 Km from its starting point to the joint where it merges with the Irish Sea. Five rivers - Darwen, Douglas, Calder, Hodder and Ribble - drain into the Ribble estuary. The Ribble River is home to thousands of different birds and fishes. The Ribble estuary is one of the biggest in the UK. The 7 km stretch of the River Ribble starting from Settle and lasting till Cow Bridge is considered as a 'Site of Special Scientific Interest (SSSI)’. The area is home to nearly 34,000 birds and n umerous fishes like Atlantic salmon, crayfish and unique organisms like Eurasian otter. River Ribble is considered as one of the important wetland sites in the UK, as it is teeming with high biodiversity. The latest research conducted in 2011 suggests a large part of this 7 km stretch is rendered ‘unfavourable’ because of constant flooding and high pollution levels. As a result a fully fledged Long Preston Deeps SSSI River Restoration Plan was launched in 2010 (Natural England, 2011). Several organizations, like the EU Water Framework Directive, work with the aim of restoring the natural features of the Ribble basin as it is being polluted severely in the recent years owing to various reasons. All over the world, there are four main reasons for river basins getting polluted drastically. 1. The first major reason is sewage discharge. Human faecal discharges are a major form of water pollutant even in developed Western countries. Sewage disposal is usually released into t he river in from of outfall pipes, by dumping the sewage sludge in the rivers or through the wash water which brings with it an enormous amount of animal waste and fertilizers used in the adjoining lands. Converting the marshlands close to the river into agricultural lands will increase this problem by many folds. Domestic waste, organic wastes, industrial wastes everything forms a part of this sewage. The same water is purified using chlorine in the drinking water treatment plants. Excess chlorine addition to water increases the rate of bladder and colon cancer in people drinking them for many years (Perera & Boffetta, 1988). 2. Water discharges released from cooling plants in power stations and fertilizer producing companies can alter the natural temperature of the river disturbing its habitat enormously. 3. Industrial and toxic wastes like organocholrines and radioactive wastes are dumped into the river. They make the river water poisonous reducing its quantity and aqua life seve rely. 4. Agriculture and horticulture use fertilizers extensively. When they are washed into the river, the natural nutrient content in the river is increased leading to the growth of harmful plants like phytoplanktons. Algal blooms also occur. They will absorb too much water for their growth killing the river eventually. Controlling intensive farming in areas very close to the river is a must to save it (Falconer et al, 2005). It is a well known fact that the effluent from the

Algebra Essay Example | Topics and Well Written Essays - 750 words - 1

Algebra - Essay Example After writing the augmented matrix for this system, use elementary row operations to reduce this to reduced row-echelon form. If the entries in the last column do not affect the values in the entries in the first n columns and if we take the same set of elementary row operations and apply them to A we will get In and so A is row equivalent to In since we can get to In by applying a finite set of row operations to A.   6) A is expressible as a product of elementary matrices, because every elementary matrices are invertible and its inverse is also an elementary matrices. A square matrix is only invertible if it can be written as a product of an elementary matrix. 7) A family of vectors is linearly independent if none of them can be written as a linear combination of finitely many other vectors in the collection. An alternative method uses the fact that n vectors in Rn are linearly dependent if and only if the determinant of the matrix formed by the vectors is zero. 8) To prove that columns span Rn, finding the basis of the column-space is essential. Then you must reduce the matrix and see if the rank = n; there has to be n linearly independent. columns, which is very easy to see if the matrix is reduced. The basis is the columns of the original matrix, not the columns of the reduced form. An invertible matrix A, determinant (A) != 0 (not equal to zero). 10) Rank A = n because in linear algebra, the column rank (row rank respectively) of a matrix A with entries in some field is defined to be the maximal number of columns (rows respectively) of A which are linearly