Biology and Society Essay Example | Topics and Well Written Essays - 750 words

Biology and Society - Essay Example When the population of a less developed country increases, government faces the pressure of increased demand while the supply of services and facilities is limited owing to the limited budget of the country. In less developed countries, the infrastructure is poor and weak. The population of poor people with a substandard lifestyle is high. People are not much educated. Still, there is abundance of talent while the job opportunities are limited. All these factors encourage people to adopt unique ways of surviving through the hard times. Many people start informal small businesses of their own. A substantial population of people in the less developed countries renders services to foreign countries. Although the population is high, yet the pressure on the government is alleviated as hundreds of thousands of people from these less developed countries migrate to the advanced countries in search of better opportunities of education and employment and have a high standard of living in gener al. Many people from such less developed countries as India, Pakistan, and China migrate to the US, the UK, and such other developed countries every year. So the pressure of increased population is essentially shared by the advanced countries. ... Even though they are advanced economies, and have abundance of means and resources, yet there is not a substantial difference between how things are done in the less developed countries and how they are done in the advanced countries. Although there is considerable expenditure on research and development in the advanced countries, yet most of the projects are in their initial stages and are not developed enough to replace the old ways of doing things. Let’s take the hydrogen cars for example. Hydrogen car operates differently from the fuel-operated cars in that it does not use gasoline and accordingly does not cause air pollution like the fuel-operated cars do. Hydrogen cars produce steam while fuel-operated cars produce exhaust. Clearly, hydrogen cars are more environment friendly as compared to the fuel-operated cars. However, a vast majority of people even in the advanced countries drive the fuel-operated cars. Hydrogen cars are used by a minority of people since they are v ery expensive and are not produced in large numbers. As it is said, â€Å"The car of the future [the hydrogen car] is here today. Of course, you can't buy one yet† (Lampton). The bigger contributor to the reduction of environmental health and safety is growing consumption of natural resources by the advanced countries. The more the resources are consumed, the more the pollution is created. Whether it is air pollution, water pollution, noise pollution, or any kind of pollution, it is more where there is more development. In fact, the very development with the use of the natural resources is what makes the advanced economies advanced. â€Å"Even the availability of grain is affected more by rising livestock numbers and the use of biofuels – driven, again by consumption – than by human

Company Law - Capital Dividend Essay Example | Topics and Well Written Essays - 2500 words

Company Law - Capital Dividend - Essay Example In this regard, directors should be considering the issue of shareholders as well as their interest should also be considered carefully1. Furthermore, apart from framing strategies for the obtainment of greater value, they should also consider how this value is to be distributed among the investors and other stakeholders possessing a certain degree of interests in the company profits. Consequently, while a company intends to generate profits and share it partially among the shareholders, one of the important issues that need to be considered by the directors is whether the distribution of dividends or payments to shareholders are made in accordance to Companies Act practiced within the region2. In recent times, there has been a strict line established in the UK in relation to compliance with legal requirements for distributions. In this regard, directors may find themselves at risk of liability if they grant dividends in breach of the rules; even if the breach tends to be technical o ther than substantive. The laws governing distributions of dividends in the UK are particularly incorporated in the Part 23 of Companies Act 2006. The law is applicable in both the contexts where accounts are prepared according to Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS)3. The Companies Act 2006 makes it mandatory for all the companies to follow the rules and regulations prescribed in the Act owing to which, any sort of non-compliance tends to generate legal actions against the company. With this concern, the paper intends to provide a clear understanding of dividend sharing laws, governing in the context of UK Companies and further makes analysis of issues that need to be considered by both private and public companies in the course of making payments to shareholders. Understanding the Laws Relating To Dividends in UK According to Part 23 of Companies Act 2006, distribution to shareholders means â€Å"every description o f a company assets to its members, whether in cash or otherwise, subject to certain exceptions†4. The key aspects that Companies Act 2006 states affirms any company in the UK to be eligible to make distributions only out of their profits earned. Accordingly, the profits available for the distribution is determined as total accumulated realised profits less total accumulated realised losses5. It is worth mentioning on this ground that not everything documented as profits is realised in certain circumstances, where the accounts are prepared under the standards of IFRS. For instance, a gain on revaluation of companies’ investment property can be documented as profit under the rules prescribed by IFRS; but it cannot be referred as a realised profit6. In addition to this, public companies are required to decipher extra cautious attitude and check that their available net assets, after making distribution, do not fall less than the aggregate called-up share capital as well as reserves which are not assigned for distribution, such as share premium accounts, revaluation reserves and capital redemption reserves. Furthermore, the Act also prescribes those directors of the companies to consider their fiduciary duties prior to