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Author: Jetu Edosa Chewaka
Publisher: Anchor Academic Publishing
ISBN: 3960675097
Category : Business & Economics
Languages : en
Pages : 143
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Book Description
In an increasingly universalizing world, operating business in the form of companies is apparently becoming an indispensable aspect of modern commercial life. The major reason that led to the corporate form as the principal method of organization of commercial activity, among other things, is its advantage of limited liability. Limited liability, in its classical sense, implies the insulation of individual shareholders composing the company from the liability of company debts. Yet, the traditional corporate legal theory has confined the advantage of limited liability within the purview of multimember corporations, making it inaccessible to solo investors. However, quite recently, the historical relic of corporate theory that views corporations as a legally personified body of numerous subscribes of shares has undergone a sharp evolution, as have many other business practices and their legal bases. The purpose of this study is to look into notable literature on major corporate theories and analyze whether it would be applicable to single member companies (SMC). It also seeks to compare major legal frameworks governing SMC’s in comparative jurisdictions to show the legal and theoretical implications of introducing SMC’s into the Ethiopian corporate legal system.
Author: Jetu Edosa Chewaka
Publisher: Anchor Academic Publishing
ISBN: 3960675097
Category : Business & Economics
Languages : en
Pages : 143
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Book Description
In an increasingly universalizing world, operating business in the form of companies is apparently becoming an indispensable aspect of modern commercial life. The major reason that led to the corporate form as the principal method of organization of commercial activity, among other things, is its advantage of limited liability. Limited liability, in its classical sense, implies the insulation of individual shareholders composing the company from the liability of company debts. Yet, the traditional corporate legal theory has confined the advantage of limited liability within the purview of multimember corporations, making it inaccessible to solo investors. However, quite recently, the historical relic of corporate theory that views corporations as a legally personified body of numerous subscribes of shares has undergone a sharp evolution, as have many other business practices and their legal bases. The purpose of this study is to look into notable literature on major corporate theories and analyze whether it would be applicable to single member companies (SMC). It also seeks to compare major legal frameworks governing SMC’s in comparative jurisdictions to show the legal and theoretical implications of introducing SMC’s into the Ethiopian corporate legal system.
Author: Jetu Edosa Chewaka
Publisher: Anchor Academic Publishing
ISBN: 3960670095
Category : Law
Languages : en
Pages : 149
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Book Description
In an increasingly universalizing world, operating business in the form of companies is apparently becoming an indispensable aspect of modern commercial life. The major reason that led to the corporate form as the principal method of organization of commercial activity, among other things, is its advantage of limited liability. Limited liability, in its classical sense, implies the insulation of individual shareholders composing the company from the liability of company debts. Yet, the traditional corporate legal theory has confined the advantage of limited liability within the purview of multimember corporations, making it inaccessible to solo investors. However, quite recently, the historical relic of corporate theory that views corporations as a legally personified body of numerous subscribes of shares has undergone a sharp evolution, as have many other business practices and their legal bases. The purpose of this thesis is to look into notable literature on major corporate theories and analyze whether it would be applicable to single member companies (SMC). It also seeks to compare major legal frameworks governing SMC’s in comparative jurisdictions to show the legal and theoretical implications of introducing SMC’s into the Ethiopian corporate legal system.
Author: Ermias Birhanu Alaro
Publisher: Anchor Academic Publishing
ISBN: 3954894491
Category : Business & Economics
Languages : en
Pages : 57
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Book Description
Since Liechtenstein, as the first country in the world, acknowledged the legal position of Single Member Liability Companies by statute law, this type of company has been legally recognized in an increasing number of countries. But in practice, England is the first country which paved the way to one man company practice with the Solomon case. Single Member Company emerged and developed rapidly in recent years, for the reason of their strong economic, political and legal theoretical basis. As a result, we can dig into their emergence and development from a social and historical point of view. It is helpful to encourage investment, develop economy and facilitate employment, and more freedom to the owner of the company. When compared with ordinary types of companies, Single Member Companies' legal character lies in the singularity of shareholder and the particularity of its corporate governance structure. Thus it increases the possibility for the single shareholder to abuse the rights and damage the interests of companies’ creditors and tax authority. In order to protect the company's creditors, it is necessary to regulate single member company strictly and set up integrated creditors protection rules. Therefore, the legal status for Single Person Companies should be authorized and as well positively standardized in order to seek advantages and avoid disadvantages. Ethiopia has suitable conditions when we analyse the factual situation of a country to introduce and to benefit from the advantage of one man companies.
Author: Gilad James, PhD
Publisher: Gilad James Mystery School
ISBN: 7199314566
Category : Travel
Languages : en
Pages : 72
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Book Description
Ethiopia is an African country situated in the Horn of Africa. It is bordered by Eritrea to the north, Somalia to the east, Kenya to the south, Sudan to the west, and South Sudan to the southwest. The country covers an area of approximately 1.1 million square kilometres, making it the 27th largest country in the world. Ethiopia has a total population of around 114 million people, making it the second-most populous country in Africa after Nigeria. Ethiopia is known for its rich history and cultural diversity. The country has a long history dating back to ancient times, with evidence of early human settlement dating back over 3 million years. Ethiopia has over 80 ethnic groups, each with its own unique culture and traditions. The country also has a diverse ecosystem, with highlands, lowlands, and deserts all present within its borders. Despite its challenges, including widespread poverty and political instability, Ethiopia is a country full of potential, with a young and rapidly growing population and abundant natural resources.
Author: ʼAbarā Ǧambaré
Publisher:
ISBN:
Category : History
Languages : en
Pages : 344
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Book Description
This is the first English-language overview of the history of Ethiopian law. It describes the main features of its unique development on the basis of indigenous customary law and Roman-Byzantine legal traditions. The study also pays attention to the codification of laws and modernization of the judicial system undertaken in the reign of Emperor Haile Sellassie (1930-1974), and to matters of procedural and court justice. Throughout, topics and areas for further research are identified.
Author: Samuel Maireg Biresaw
Publisher: GRIN Verlag
ISBN: 9783668702455
Category :
Languages : en
Pages : 110
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Book Description
Academic Paper from the year 2018 in the subject Business economics - Law, grade: 95, course: Business Law, language: English, abstract: This paper briefly enumerates and digests all the elements and legal principles constituting the Ethiopian Laws of Business. It is an educational module that is written as an immediate class packet reference to the School of Business students all over the universities in Ethiopia.
Author: John Sutton
Publisher:
ISBN: 9781907994005
Category : Business & Economics
Languages : en
Pages : 185
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Book Description
This title describes the history and current capabilities of Ethiopia's leading industrial companies, focusing on 50 key large and mid-size firms.
Author: World Bank
Publisher: World Bank Publications
ISBN: 1464814414
Category : Business & Economics
Languages : en
Pages : 254
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Book Description
Doing Business 2020 is the 17th in a series of annual studies investigating the regulations that enhance business activity and those that constrain it. It provides quantitative indicators covering 12 areas of the business environment in 190 economies. The goal of the Doing Business series is to provide objective data for use by governments in designing sound business regulatory policies and to encourage research on the important dimensions of the regulatory environment for firms.
Author: Bacha Kebede Debela
Publisher: Leuven University Press
ISBN: 946270256X
Category : Political Science
Languages : en
Pages : 703
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Book Description
Building an effective, inclusive, and accountable public administration has become a major point of attention for policymakers and academics in Ethiopia who want to realise sustainable development. This first handbook on Ethiopian Public Administration is written by Ethiopian academics and practitioner-academics and builds on PhD studies and conference papers, including studies presented at the meetings of the Ethiopian Public Administration Association (EPAA), established in 2016. Public Administration in Ethiopia presents a wide range of timely issues in four thematic parts: Governance, Human Resources, Performance and Quality, and Governance of Policies. Each of the individual chapters in this volume contributes in a different way to the overarching research questions: How can we describe and explain the contexts, the processes and the results of the post-1990 politico-administrative reforms in Ethiopia? And what are the implications for sustainable development? This book is essential for students, practitioners, and theorists interested in public administration, public policy, and sustainable development. Moreover, the volume is a valuable stepping stone for PA teaching and PA research in Ethiopia.
Author: Simeon Djankov
Publisher: World Bank Publications
ISBN: 9780821353417
Category : Juvenile Nonfiction
Languages : en
Pages : 222
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Book Description
A co-publication of the World Bank, International Finance Corporation and Oxford University Press
