Figures 2 and 3 depict the different stakeholder categories and how the various stakeholders should be treated. This separation which is also referred to as the veil of incorporation results in different liabilities for the corporation and the members. A PLC limits the liability of their shareholders, which means that in case of insolvency or liquidation of the cooperation, they are only liable with the amount of money they have already invested respectively the amount for that they obliged themselves before guarantee.
In the case of bankruptcy, the remaining values are given primarily to the shareholders and in second instance to the remaining creditors like suppliers etc. Handley et al, , p. A distinguishing feature of PLCs is the division of the basic capital into shares which are sold to shareholders and therefrom the PLC obtains money.
Dine, , p. Before a PLC either begins with business activities or is allowed to take out a loan etc. Shareholders receive several rights as listed in 3.
The central authority responsible for the formation of a company in England and Wales is the Company Registration Office in the Companies House in Cardiff. PLCs must have at least two shareholders, two directors and a qualified secretary one of the directors may be the secretary. A Business Deconstructed. Company Analysis of GlaxoSmithKline plc. Term Paper, 29 Pages, Grade: 1,3. A V Andrea Verhohlen Author. Add to cart. Introduction 1.
The mission of GSK is expressed in its long-term strategy for growth, based on the following objectives: - To build the best product pipeline in the industry and achieve operational and commercial excellence - To improve access to medicines for those who cannot afford them - To ensure that business decisions take into consideration ethical, social, safety and environmental concerns - To persist in being a recognised leader in protecting and enhancing the health of its employees globally, enabling sustainable business success 2.
Stakeholders 2. Ward specified the term stakeholders and divided them into different groups with the power to influence the overall business strategy: illustration not visible in this excerp Figure 1: stakeholders, adopted from Ward, 2.
Sign in to write a comment. Read the ebook. Assignment in Business Deconstructed Business Deconstructed - Apple Inc. Business Deconstructed BT. Business Deconstructed - Games Workshop. ABB Ltd. Nat Rev Drug Discov 7, — Download citation. Issue Date : November Anyone you share the following link with will be able to read this content:. Sorry, a shareable link is not currently available for this article. Provided by the Springer Nature SharedIt content-sharing initiative.
Advanced search. Sign up for the Nature Briefing newsletter — what matters in science, free to your inbox daily. Skip to main content Thank you for visiting nature. Access through your institution.
Buy or subscribe. This is a preview of subscription content. Change institution. Buy article Get time limited or full article access on ReadCube. Rights and permissions Reprints and Permissions.
Copy to clipboard.
0コメント