The term industrial relation refers to industry and relations. Industrial relations deal with the relationship between labour and management and their organisation. The concept is very much broad and it is not only limited to the relationship between management and employees but also covers aspects like empowerment of the work, collective bargaining, conflict resolution etc.…
INTRODUCTION Corporation means a company and governance means the procedure by which any organization is operated and controlled. Therefore, corporate governance deals with how the corporations are controlled, operated, directed, and rules and regulations relating to the same. IMPLICATIONS OF GOOD AND BAD CORPORATE GOVERNANCE Good corporate governance helps the organization to help achieve its…
White-collar crime is a broad term that refers to any criminal act perpetrated by commercial and government employees in the course of their jobs. White-collar crime encompasses a wide range of misdeeds, from antitrust infractions to environmental violations to health-care fraud. Individuals, communities, and society all suffer huge financial, physical, and social consequences as a…
INTRODUCTION Limited liability partnership is a combination of both partnership and corporation. It has the feature of both these forms. As the name suggests partners have limited liability in the company which means that personal assets of the partners are not used for paying off the debts of the company. Nowadays it has become very popular…
Venture capital funds are pooled investment funds that manage the money of investors who seek private equity stakes in startups and small- to medium-sized enterprises with strong growth potential. These investments are generally characterized as very high-risk/high-return opportunities. In the past, venture capital (VC) investments were only accessible to professional venture capitalists, but now accredited…
Introduction Nowadays, the deals of Merger and Amalgamation in India are increasing rapidly due to continuous change of dynamics, increased competition, technology adaption, business expansion and globalization. Therefore, every company opts for the process of merger to reap the benefits of associating with a large company. Further, merger and amalgamation are often known as a…
Before talking about a foreign company, let’s first understand what actually a company is , by which section it is defined, and other features of a company. A company is a business organization that makes, buys, or sells goods or provides services in exchange for money. In precedent-based law, a company is a “legitimate individual”…
Introduction As companies look to expand their reach globally to enter new markets or find savings, a common strategy is to find a local partner in another country and form an international joint venture. When done well, international joint ventures can dramatically shorten the timeline and expense in developing an international market or supplier base.…
A multinational company (MNC) has offices and different resources in something like one country other than its nation of origin. A worldwide organization, by and large, has workplaces or potentially plants in various nations and a unified administrative center where they facilitate worldwide administration. A portion of these organizations, otherwise called worldwide, stateless, or transnational…
In commercial and business sense the word “Franchise” means permission granted by a manufacturer to a distributor or retailer to sell its products within a specified territory. A franchise can be equated with a license. A franchise may include a contract whereby the owner of a business grants to another person permission to carry on…
