Subsidiary is a company that was born due to the transfer or participation of majority shares by another it called parent company. There are no regulations related subsidiaries in laws and companies regarding Regional Owned Enterprises. This has resulted confusion position regional-owned subsidiaries, especially unclear state finances subsidiary companies. The problem this research what legal s...

Numerous principal-agent situations of interest to accounting involve limited liability by the agent. We explore this issue when the outcome is mutually observable (MOC) and when it is not and the contract is based instead on the agent’s report (NCC). We find that when outcome is not observable, the effect of limited lia bility depends on the level of limited liability: when low – no effect; wh...

There are numerous ventures that existed in the business world one of example is Limited Liability Companies. The establishment a Company has own terms set forth law number 40 2007 concerning Companies articles association goals company. companies must consider special budget accordance with UUPT 40/2007 so as not to cause problems for interested parties.Limited organs make up General Meeting S...

Legal Entity Administration System or SABH (formerly known as Sisminbakum) is a type of legal service provided to the business community in process ratifying PT entities, granting approval for changes articles association PT, receiving notification and data, well information others electronically (via computer networks internet), organized by Directorate General (Ditjen AHU) at Ministry Law Hum...

On July 21, 1992, six outside directors on the board of Westar Mining Ltd. resigned abruptly from the company's board of directors. Westar was a troubled mining company operating in British Columbia. In 1991, the company had lost $62.2 million, mainly as the result of a poorly performing export coal mine. While resigning from the board, the directors assured the public that there had been no wr...

AbstractThe existence of a new type Limited Liability Company (PT) in the Job Creation Law, namely Individual Legal Entity, aims to facilitate Micro and Small Business (UMK) actors. An individual company has character limited liability like Capital Partnership PT, difference is that establishment an founded by one person, who only party filling position company's organs. However, two entities h...