Consider the functions of directors,company secretaries, auditors and Essay - 1

Consider the functions of directors,company secretaries, auditors and shareholders. In what ways do they contribute to the operation of both private and public limited companies - Essay Example Therefore the given essay analyses the role of all these four groups of actors (directors, company secretaries, auditors and shareholders) in order to demonstrate the importance of each of them in operation of both private and public companies. Firstly, directors are the key actors for the company’s performance on market. In general, they are important because they create the policy of the company (Osemeke, 2014). In the circumstances of either private or public limited company, this role changes only slightly. In fact, private company may have sole director, while public limited company needs two or more directors (Rosenfalck, 2013). In addition, Directors Board becomes the only significant representative, if there is no existing controlling stakeholder in the company (Davies, 2010). Frequently, this situation appears in private companies (Rosenfalck, 2013). Furthermore, the directors of the company are trained to act their instructions or directions. For example, when there is a serious loss in capital of public company, directors have to gather an extraordinary general meeting not later than 56 days from the day of half or less capital reduction (Rosenfalck, 2013). According to Osemeke, (2014), failures and bankr uptcies of the company are mostly to result an ineffective directors board. In this context, ineffective work of the board has been shown in a recent failures of big companies like Enron and HIH (Convill and Bagaric, 2004). Moreover, Davies (2010) said that directors should care and promote the company’s success and do independent actions. In fact, directors of public companies must be sure that they hire competent company secretary (Rosenfalck, 2013). Among the main flaws of directors that have a direct effect on the company’s performance, according to Osemeke (2014) â€Å"lack of training and induction

Computer Programming Coursework Example | Topics and Well Written Essays - 1000 words

Computer Programming - Coursework Example The â€Å"implements† keyword is used by a concrete class to indicate that it implements the interface and that each method in the interface is declared with the signature specified in the interface declaration. Note that we use an interface class instead of an abstract class since there is no default implementation to inherit as would be in abstract classes. It is also noteworthy that an interface class must be declared in a file with the same name and a .java file-name extension. Should the user fail to select anything in the special features panel that is reinforced or sealable top, the default is, it is assumed that the container is not reinforced or can’t have a sealable top as appropriate. The user will only enter the exact dimensions of the desired container and that these dimensions will be within the range that the company can make. That is there is no way of checking whether the ordered dimensions can actually be