“A limited company is more than a mere judicial entity, with a personality in law of its own： Behind it, or amongst it, there are individuals, with rights, expectations and obligations inter se”. The competitive at...“A limited company is more than a mere judicial entity, with a personality in law of its own： Behind it, or amongst it, there are individuals, with rights, expectations and obligations inter se”. The competitive attitude of the member states of the EU （European Union）, to become the most attractive for companies results in law reforms aiming at more flexible conflict between shareholders. Besides, the economic objective of avoiding a company＇s dissolution, the English, Dutch, and Belgian exit proceedings for the settlement of disputes between shareholders set up a social objective： protecting the interests of the minority shareholder of a private limited company. The paper consists of four chapters. The introduction lays out the necessity of buy-outs for shareholders of a private limited company. The first chapter describes the different facts justifying the buy-out of a shareholder on the basis of serious grounds. The second chapter presents the findings of a comparative research of the valuation of the shares transferred in an English, Dutch, and Belgian procedure. Finally, the conclusion summarises in which way the English, Dutch, and Belgian legal system protect the interests of the minority shareholder of a private limited company.展开更多
The golden period of the development of China＇s overseas trades is most significant in the Song Dynasty, which established the legal mechanisms of the overseas trades with the perfect systems. These legal regulations...The golden period of the development of China＇s overseas trades is most significant in the Song Dynasty, which established the legal mechanisms of the overseas trades with the perfect systems. These legal regulations made clear the subjects of the overseas trade to a large extent, stipulated the procedures for the overseas trade, and at the same time, established the related legal liabilities and regulation means and methods of the governments. Although it met the huge demands of the development of the foreign trade, and had brought the economic income for the governments, yet because the governments had adopted the strict control measures, to a certain extent, it also restricted the rapid development of the foreign trade. This paper starts from the analysis of the legal subjects of the overseas trade in the Song Dynasty, and conducted the specific analysis of the trade procedures and other related contents of the legal systems of the overseas trade in the Song Dynasty.展开更多
Nigeria ranks among the countries with the highest fiscal indiscipline in the globe regardless of the parameters used. The country has also a weak tax collection system which results in tax evasion, and there is insig...Nigeria ranks among the countries with the highest fiscal indiscipline in the globe regardless of the parameters used. The country has also a weak tax collection system which results in tax evasion, and there is insignificant revenue, thus making the state and the municipalities dependent on federal allocations. The current study objectifies to propose the enactment of the Fiscal Responsibility Act （FRA） for the Nigerian Public Administration based on the frameworks implemented in Brazil. As a glance, the basic arithmetic that guides the Act is spending must equal revenue. The study is anchored on the premise that the FRA brings innumerable benefits to the populace by stabilizing public spending and paving way for a consistent budgetary forecast and its compliance thereby contributing to uphold transparency. Methodologically wise, the study adopts a case study approach and also used the interpretative style in order to strive on the action needed, which tends to be interventionist. Upon analysis of the secondary documents at our disposal, we conclude that control tools such as the SIAFEM system which is the backbone of FRA will be an essential artifact to institutionalize surveillance and also assist the Nigerian government in curtailing spending and also orientate accountability at all levels be it federal, state or municipal.展开更多
文摘“A limited company is more than a mere judicial entity, with a personality in law of its own： Behind it, or amongst it, there are individuals, with rights, expectations and obligations inter se”. The competitive attitude of the member states of the EU （European Union）, to become the most attractive for companies results in law reforms aiming at more flexible conflict between shareholders. Besides, the economic objective of avoiding a company＇s dissolution, the English, Dutch, and Belgian exit proceedings for the settlement of disputes between shareholders set up a social objective： protecting the interests of the minority shareholder of a private limited company. The paper consists of four chapters. The introduction lays out the necessity of buy-outs for shareholders of a private limited company. The first chapter describes the different facts justifying the buy-out of a shareholder on the basis of serious grounds. The second chapter presents the findings of a comparative research of the valuation of the shares transferred in an English, Dutch, and Belgian procedure. Finally, the conclusion summarises in which way the English, Dutch, and Belgian legal system protect the interests of the minority shareholder of a private limited company.
文摘The golden period of the development of China＇s overseas trades is most significant in the Song Dynasty, which established the legal mechanisms of the overseas trades with the perfect systems. These legal regulations made clear the subjects of the overseas trade to a large extent, stipulated the procedures for the overseas trade, and at the same time, established the related legal liabilities and regulation means and methods of the governments. Although it met the huge demands of the development of the foreign trade, and had brought the economic income for the governments, yet because the governments had adopted the strict control measures, to a certain extent, it also restricted the rapid development of the foreign trade. This paper starts from the analysis of the legal subjects of the overseas trade in the Song Dynasty, and conducted the specific analysis of the trade procedures and other related contents of the legal systems of the overseas trade in the Song Dynasty.
文摘Nigeria ranks among the countries with the highest fiscal indiscipline in the globe regardless of the parameters used. The country has also a weak tax collection system which results in tax evasion, and there is insignificant revenue, thus making the state and the municipalities dependent on federal allocations. The current study objectifies to propose the enactment of the Fiscal Responsibility Act （FRA） for the Nigerian Public Administration based on the frameworks implemented in Brazil. As a glance, the basic arithmetic that guides the Act is spending must equal revenue. The study is anchored on the premise that the FRA brings innumerable benefits to the populace by stabilizing public spending and paving way for a consistent budgetary forecast and its compliance thereby contributing to uphold transparency. Methodologically wise, the study adopts a case study approach and also used the interpretative style in order to strive on the action needed, which tends to be interventionist. Upon analysis of the secondary documents at our disposal, we conclude that control tools such as the SIAFEM system which is the backbone of FRA will be an essential artifact to institutionalize surveillance and also assist the Nigerian government in curtailing spending and also orientate accountability at all levels be it federal, state or municipal.
