Business Law International Essay Example | Topics and Well Written Essays - 1000 words

Business Law International - Essay Example These measures were very useful in helping these economies to recover from the disastrous effects of the crisis. In dealing with the legal aspects associated with taking tough action against weak and insolvent banks based upon the precedents established during the Asian Financial Crisis, Head (1998) suggests a legal regime four specific measures. Firstly, there should be clear guidelines set out by the central bank in a particular country to identify when a bank is insolvent, for instance when it is unable to maintain adequate liquidity to meet the needs of depositors in a timely manner and/or when its liabilities exceed its assets. Head suggests that setting out rigorous tests for determining potential insolvency is a vial first step. Secondly, there should be a legal provision in existence which clearly sets out that if a bank is found to be insolvent or approaching insolvency, the central bank will appoint an administrator or conservator, that could also be the central bank itself, to take over the control of the bank and carry out an assessment to determine the bank’s prospects.(Head 1998). On the basis of the assessment, the conservator would offer recommendations to (a) restore the bank to health (b) merge it with a stronger bank or (c) liquidate its assets and distribute proceeds among depositors. Thirdly, if the bank is to be restored to a healthy form, the Conservator should be provided the powers under the law to carry out necessary procedures necessary to affect such a restoration. This could include measures such as powers to hire and fire bank staff, since inefficiency in bank operations is often the result of irresponsible or incompetent executives, as well as the power to change or modify the bank’s policies, close branches, change the bank’s charter or other operational measures that may be necessary to restore the financial health of the bank. Fourthly, the law

Revised Annotated bibliography Example | Topics and Well Written Essays - 500 words

Revised - Annotated Bibliography Example This article talks about mechanisms of employing the Internet as a tool in addressing critical issues affecting SMEs in Saudi Arabia. The article mentions issues such as rapidly changing market environment, increased consumer demand for quality, increased global competition, increased partnerships between small and large/intermediate businesses, and growing need for instant access to business information from multiple sources. This article primarily assesses the current level of Internet usage as a tool of business by SMEs forming the basis for earlier studies. This article addresses the usable and accessible websites in SMEs despite the advancing competitive environment where a prominent place has been occupied by the internet. The article talks about transferring a brand to the online environment from an offline environment as an issue to companies. The article also talks about how to ensure websites are accessible and usable in order to enhance web navigation and enable brand communication as well as improve the image of the company. This article presents the findings of a study that measured the degree to which medium and small enterprises employ accessibility and usability as a pillar that supports brand to communicate with other audience online. This article addresses the factors that affect internet based sales adoption by SMEs. The article asserts that the internet doubles every year and spans the globe in which the exchange of digital data is carried out. The article also talks about the coverage which is relatively understood concerning the effect of the internet in the popular press. This article also reports investigation of an exploratory study examining crucial concerns around internet usage in emerging SMEs. It describes how SMEs develop and use internet, explores factors motivating companies to invest in e-commerce, and assesses the significance of the benefits of electronic commerce. The