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Essay / Research Paper Abstract
This 44 page paper examines corporate legal and governance in the UK and Pakistan. The paper looks at the legislative environment fist. The paper looks at the role of the law and argues that there are commonalities but in Pakistan there is a greater emphasis o the law as establishing and setting the standards for morals rather than reflecting mortals. The paper then looks t how the legal environments have developed and how they differ, with specific attention on the corporate aspects. The paper then looks at issues of corporate governance. The legal framework has an impact, but this is also an issue of personal conscience and morals, the paper looks at the different models and then applies these to both the UK and Pakistan. The bibliography cites 31 sources.
Page Count:
44 pages (~225 words per page)
File: TS14_TEUKpaklawg.rtf
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Unformatted sample text from the term paper:
3.2 The Legal Environment in Pakistan 22 3.2.1 The Impact on Banking 24 4. CORPORATE LEGAL IDENTITIES 26 4.1 The UK 26 4.2 Pakistan compared to the UK 29 5. CORPORATE GOVERNANCE. 31 5.1 The Models 31 5.1.1 The Shareholder Wealth Maximisation Model 32 5.1.2 Corporate Wealth
Maximisation Model 34 5.2 Ethics 37 5.2.1 Kant 37 5.2.2 Mills 40 5.3 Applying the Approaches to the UK and Pakistan 41 6. CONCLUSION 45 REFERENCES 46 1. Introduction International trade and commerce is increasing at an astounding rate. The level
of goods and services provided worldwide has increased steadily, but the movement of these goods has increased exponentially and this has meant increased use of contracts between international partners.
Trading patterns depend on many factors, but one pattern is very discernable, there appear t be many links between former colonial powers and
their colonies. The reasons behind this may be complex, not only due to aspects such as colonial guilt, but also the common background and understanding. The UK had had many
colonies; the remnants of the colonial power remain in part through the Commonwealth. Trade with former colonies has caught the attention of the media and the lawyers in many areas,
for example trade with bananas between the UK and the former Caribbean colonies. This might be an area which has gained attention, but we can also look to the east
where there are trade relationships between the former Asian colonies. Pakistan is a former colony that gained independence in 1947 when the
British split British India into modern India and Pakistan. Trade continues with both of these areas. If we are considering a trading relationship with Pakistan then it is important to
understand both the legal and the corporate governance background to both the UK and Pakistan. The paper will be divided into two parts,
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