Diss. (sammanfattning) Uppsala : Uppsala universitet, 2004. / Härtill 5 uppsatser.

Thesis (M.A.)--Michigan State University. Dept. of Theatre, 2008. / "The objective of this study is to discuss the history and origin of the Plowshares Theatre Company based upon an interview with the current artistic director, Gary Anderson, and his assistant, Dr. Addell [Austin] Anderson"-- vFrom the abstract. Title from PDF t.p. (viewed on Aug. 4, 2009) Also issued in print.

Thesis (M.B.A.)--University of Hong Kong, 1998. / Includes bibliographical references (leaf 52-55).

Thesis (doctoral)--Universität Hamburg, 1982. / Vita. Includes bibliographical references.

Inaug.-diss.--Erlangen.

M.Com. (Business Management) / After years of international isolation, South Africa has been re-admitted to the international fold. For the country's business community this entails new opportunities, as well as threats. International markets and finance opened up during the past year. It also led to South Africa signing the latest GAIT agreement. This will, enable foreign exporters to have access to the local market in the future, it will also encourage competition amongst local companies that previously mainly produced for domestic consumption. New markets will have to be exploited. These new opportunities and threats create new risks for companies entering these new markets. An important component of these new risks is the volatility in the foreign exchange market. Import and export companies receive and make payments in foreign. currencies. Unexpected movements in exchange rates can influence a company's profitability and competitiveness. Due to the size of the foreign exchange market, it is the most liquid and volatile market in the world. To minimise the risk and seize opportunities in adverse foreign exchange movements, currency exposure must be managed properly. Although integrated treasury management proves to be a successful approach in most industrial countries, it is a relatively new science, in South Africa. A large number of financial instruments exist for the hedging of foreign currency exposure. In South Africa' these options are limited, due to exchange. control regulations and this also hampers the number of hedging possibilities. Under different market conditions different hedging strategies and instruments can provide different results. There is one guarantee that a given instrument or strategy will result in the optimal hedge. It might even result in more inherent risks. Risk management is a dynamic activity within an organisation and calls for educated decisions to minimise risk and utilise opportunities.

No description available.

No / The authors present findings from the initial phase of an ongoing externally funded research project into senior executive perceptions of the impact of capital taxation upon unquoted companies incorporated in the United Kingdom. Open-ended interviews were conducted with the senior executives of six unquoted companies which are also multigenerational family businesses. The interviews guided the executives to explore the history of their company; the values and aspirations of the founding or owning family(ies); the impact of capital taxation regimes, previous and current, both on ownership and on management succession; and strategies being pursued. Using content analysis to identify key themes, the authors suggest that their findings indicate that capital taxation may have a major impact both on ownership and on management succession as well as on succession planning. However, the current capital tax regime in the United Kingdom is perceived to be more favourable than that of previous regimes and vis-aé-vis the regimes currently operating in most European countries. Capital taxation is not thought to influence strategic or operational decisions either positively or negatively. Companies use taxation-planning devices, frequently involving trusts, in order to reduce the actual burden of capital taxation falling upon individual shareholders at ownership succession. The present capital taxation regime, which includes gift relief and business asset taper relief within capital gains tax, and 100% business property relief within inheritance tax, eases succession planning. Business asset taper relief also facilitates shareholder exit strategies.

The capital maintenance doctrine presupposes that a company’s capital must not be returned to its shareholders. The doctrine was anchored on three rules, one of which was that a company cannot acquire its own shares as this amounted to a diversion of capital to the shareholders whose shares were acquired. This rule was partly rationalized as protecting the interests of shareholders. In South Africa the rule was embodied in s 85 of the Companies Act 61 of 1973. However, it was amended by s 9 of the subsequent Companies Amendment Act 37 of 1999 to provide that a company can acquire its own shares if certain substantive and procedural requirements were satisfied. Upon the enactment of Companies Act 71 of 2008, the requirements have not been substantially altered. They are partly geared towards protecting shareholders by ensuring that shareholders are treated equally and fairly. Moreover, the Johannesburg Securities Exchange Limited (hence the JSE Limited) was empowered by the Companies Act 61 of 1973 to promulgate requirements to be met when a company wishes to acquire its own shares. The Companies Act 71 of 2008 does not in express terms empower the JSE Limited to develop requirements to be met when a company wishes to acquire its own shares. However, the Act expressly requires that a listed company wishing to acquire its own shares must also comply with the requirements of the relevant exchange. Such requirements can therefore be deemed to subsist even amidst the new Act as an internal regulation of the JSE Limited. The said requirements are also partly aimed at protecting shareholders, largely by ensuring that adequate information is availed to shareholders to empower them to make informed decisions. / Private Law / (LL.M. (Company Law))

No description available.