The Negative Effects of the Fashion Industry on Eating...

ENG 150 18 October 2012 The Negative Effects of the Fashion Industry on Eating Disorders While it’s fashion week in London, the size â€Å"zero† models start to prepare for the big show by purging to be as thin as possible. Most models starve themselves in order to achieve the â€Å"waif†, stick-thin figure; it becomes so addictive, almost like second nature that it further leads to serious eating disorders. From recent studies, today’s model weighs about 23% less than the normal woman. Clearly, most models do not depict the average woman. Men and women all over the world follow the influences that the fashion industry provides. They believe that the fashion industry depicts on what society should be acknowledged as, picture-perfect thin.†¦show more content†¦A large contributing factor to this problem is that many people in the fashion world encourage the use of overly thin models in editorials and fashion shows. For example, as Kathryn Shattuck, Whats On Today: [The Arts/Cultural Desk], mentions that Kelly Cutrone, world renowned fa shion publicist, encourages, â€Å"Clothes look better on thin people. The fabric hangs better† (1). The fashion industry’s emphasis on being thin and its use of extremely underweight models in unacceptable. Many people would agree that the fashion industry plays the majority role in eating disorders, but Lisa Hilton, British Vogue writer, disagrees. Hilton argues, â€Å"Its objective is selling clothes, and the consensus remains that in order to achieve this, models need to be thin . . . Fashion is about fantasy, about impossibility, about, dare we say it, art. Most women can’t tell the difference† (1). Hilton condescendingly continues to refute the criticisms that models are too thin and the fashion industry encourages eating disorders. More recently, Sports Illustrated model, Kate Upton whom is a size 4, is now considered a plus size model and deemed to be â€Å"too curvy†. In the United States the â€Å"normal† sized woman is between the size of 6 and 10. Most of us do not understand why some put themselves through so much anguish to satisfy these body image complexes. Back in the 1950’s, models wereShow MoreRelatedAnorexia Nervosa And Binge Eating Disorder1626 Words   |  7 Pagesall over the world are suffering with various eating disorders very commonly due to the thin models they see on billboards, magazine covers, social media, and everywhere else they go. The common eating disorders include anorexia nervosa, bulimia nervosa and binge eating disorder the earliest case of an eating disorder can be traced to prehistoric times, and these disorders can have extremely negative effects on one’s health. Therefore the fashion industry should make an effort to present models thatRead More How American Society And Culture Influence Eating Disorders1193 Words   |  5 Pages Thomas1 Maddie Thomas Hantack 4 English II October 15, 2016 How American Society and Culture Influence Eating Disorders In Women Today in American society, we are all about body image. The media has promoted a certain type of body in which almost everyone feels they must have in order to fit in and be accepted. Unfortunately, this mentality leads to eating disorders. What most people fail to realize is that not everyone is meant to have the specific body type that is constantly beingRead MorePhotoshop should be banned for models1535 Words   |  7 Pagesonly the fashion industry but any industry related to print media nowadays. Retouching pictures has not blossomed due to technology, we can trace it back to 1500’s when the period of high renaissance art was fading away a new form of art was emerging known as Mannerism which applauded the modified physic of the subjects over the regular ones(1). Setting impossible standards, models are made to look like virtual perceptions and nothing like their own selves. Being in the fashion industry, models thatRead MoreThe Effects of Modern Body Image1380 Words   |  6 Pagestheir body and physical appearance† (Serdar, n.d.). According to Nordqvist, it is divided into two perceptions: positive and negative body images. He states that positive body image is â€Å"based on reality – the individual sees himself/herself as they really are; they accept parts of their body that are not ideal, but are generally happy with the way they look and feel.† Negative perceptions on body image, on the other hand, are not based on reality since the individual sees parts of their body in a distortedRead MoreThe Effects Of Media On Eating Disorders1034 Words   |  5 Pagesmeal will be. This being said, an estimated 70 million people worldwide suffer from some sort of eating disorders as of 2015 with 30 million being made up of Americans. Eating Disorders can be defined as any eating habit that negatively affects ones overall health. Media has had a large impact on how both males and females see their bodies. A majority of the people who suffer from eating disorders are young adults and teenagers. This can be linked to the pressure put on them to have what societyRead MoreIssues Of The Modeling Industry1013 Words   |  5 PagesIssues in the Modeling Industry Fashion is everything to society and the media, but everyone wants to look good while feeling beautiful in their own way. Everyone believes that fashion is an easy, fashionable, and sophisticated style. Today, the modeling industry has become negative for older and younger women. The people in the industry do not prefer unhealthy body images such as pictures of overweight women. Women suffer from depression and anxiety. The modeling industry has been very harmfulRead MoreInfluence of the Fashion Industry Essay1451 Words   |  6 PagesSection A: INTRODUCTION Fashion industry is always the topic that draws attention of every people of us at anywhere and anytime. Everyone becomes so familiar with fashion that he or she thinks that fashion is just simply a fashionable and sophisticated style. However, life in a modern community is far more controlled by fashion industry than many people realize; it affects not only clothing, but almost every aspects of our daily life. When many people think of the fashion industry, they often think ofRead MoreWhy Is Unhealthy Perceived As Sexy?1503 Words   |  7 PagesWhy is Unhealthy perceived as sexy? A young teenager sits in her bed watching angels glide across the runway at the Victoria’s Secret Fashion show. These beautiful, skinny, perfect girls dance around the screen as they smile and show off their bodies. The young girl looks at her own body, feeling dread and hatred. She wants to look like the girls on the screen, and she actually believes it is possible. She has been working so hard to get a body that she believes is perfect, and she believes nothingRead MoreMass Media s Influence On Body Image1414 Words   |  6 PagesFrom Disney to magazines like Vogue the mass media bombards audiences with fake beauty that they, as normal people, will never be able to achieve. The mass media is responsible for causing the rise in the number of people with a poor body image, eating disorders, and cosmetic surgeries. From very early childhood young boys and girls are showered with the idea of â€Å"thin is beautiful†. Disney has been a household name for decades, and the company’s animated movies are treasured around the world. HoweverRead MoreThe Biggest Loser : Are They Really?1586 Words   |  7 Pagesâ€Å"graphic t-shirts with the words â€Å"eat less† [are sold]† (Mulliniks) in popular stores marketed for teenagers, where â€Å"children as young as 5 years old have been treated in hospitals for anorexia† (Touhy), and where studies have found â€Å"that the fashion industry is a significant influence on a woman s identity† (Monitor s Editorial Board). It is clear that we live in a society that corresponds it’s definition of beauty to the definitions of weight, body type, and body image. This problem of beauty

Application of Project Management Tools on the City...

Table of Contents Acknowledgement Executive Summary Chapter 01: Introduction 5 1.1 Introduction to the Company 5 1.2 Mission Statement 6 1.3 Organization Chart 6 1.4 Role of Regional Office 7 1.5 Hierarchy of the System 9 1.6 Hierarchy at the Regional Office 9 1.7 Introduction to the Project 9 1.8 Current Financial Status of the Project 10 1.9 Activities 10 1.10 Current Activities 11 1.11 Vendor 11 1.12 Authorization/Personnel Involved 12 1.13 Duration of Tasks 12 1.14 Future Tasks 13 1.15 Challenges 13 1.16 Project Research Methodology 13 Chapter 02: Literature Review 14 2.1 Project 14 2.2 Project Management 14 2.3 Importance of Project Management 15 2.4 Project Management†¦show more content†¦1.2 Mission Statement Our Philosophy: Continuous Human Resource Development Our Goal: Academic Excellence Out Commitment: Total Satisfaction Our Culture: Professionalism 1.3 Organization Chart The City School has been running for well over 30 years and ever since then, it has been adapting to the ever changing environment and striving for perfection. There are a great number of people working in the system, from the Managing Director to the Teachers. We see that at the top most level is the Managing Director, who is the owner of the school and makes all the decisions relating to the schools and how things should be managed. Then we have the Assistant Managing Director, followed by the Executive Director who relays all information to the Regional Directors in the four regions. They in turn, will forward the relevant information to the specific coordinator i.e. if there is some change in policy regarding Information Technology, and then the I.T Coordinator will be informed of the change. And then the coordinator will get in touch with the principal of the campus, who in turn relays the information to the Head’s and Senior Mistress (es). Depending on the information, the parents, teachers and/or domestic staff is informed. 1.4 Role of Regional Office The upper-management has been focused on shiftingShow MoreRelatedApplication of Project Management Tools on the City Schools Erp Project12955 Words   |  52 Pagesto the Project 9 1.8 Current Financial Status of the Project 10 1.9 Activities 10 1.10 Current Activities 11 1.11 Vendor 11 1.12 Authorization/Personnel Involved 12 1.13 Duration of Tasks 12 1.14 Future Tasks 13 1.15 Challenges 13 1.16 Project Research Methodology 13 Chapter 02: Literature Review 14 2.1 Project 14 2.2 Project Management 14 2.3 Importance of Project Management 15 2.4 Project Management Process 19 2.5 Project Management Life Cycle 21 2.5 Projects and OperationsRead MoreAccounting Information System Chapter 1137115 Words   |  549 Pageswhich trade-offs are warranted in a given situation. 1-1 Ch. 1: Accounting Information Systems: An Overview 1.3 You and a few of your classmates decided to become entrepreneurs. You came up with a great idea for a new mobile phone application that you think will make lots of money. Your business plan won second place in a local competition, and you are using the $10,000 prize to support yourselves as you start your company. a. Identify the key decisions you need to make to be successfulRead MoreStephen P. Robbins Timothy A. Judge (2011) Organizational Behaviour 15th Edition New Jersey: Prentice Hall393164 Words   |  1573 PagesMilan Munich Paris Montreal Toronto Delhi Mexico City Sao Paulo Sydney Hong Kong Seoul Singapore Taipei Tokyo Editorial Director: Sally Yagan Director of Editorial Services: Ashley Santora Acquisitions Editor: Brian Mickelson Editorial Project Manager: Sarah Holle Editorial Assistant: Ashlee Bradbury VP Director of Marketing: Patrice Lumumba Jones Senior Marketing Manager: Nikki Ayana Jones Senior Managing Editor: Judy Leale Production Project Manager: Becca Groves Senior Operations Supervisor:Read MoreMarketing Management 14th Edition Test Bank Kotler Test Bank173911 Words   |  696 PagesMarketing Management, 14e (Kotler/Keller) Chapter 1 Defining Marketing for the 21st Century 1) Which of the following statements about marketing is true? A) It is of little importance when products are standardized. B) It can help create jobs in the economy by increasing demand for goods and services. C) It helps to build a loyal customer base but has no impact on a firms intangible assets. D) It is more important for bigger organizations than smaller ones. E) It is seldom used by nonprofit

Strategic Management Journal Shareholders and Stakeholders

Question: Discuss about the Strategic Management Journal for Shareholders and Stakeholders? Answer: Section 172 of the Company Act, 2006: Critically Discussed The Company Act, 2006, governs the Company Law in The United Kingdom. The Company law in The United Kingdom can be divided into two parts namely the Corporate Governance and the Corporate Finance. Corporate Governance codifies all the rules and regulation that decide the rights and liabilities of the Companys directors, employees, shareholders, etc. Since the Company Law in The United Kingdom entrusts a lot of power and responsibilities on the director or the board of directors of the Company, setting rules for directors accountability is very vital. [1] Corporate Finance sets two different methods to raise funds for a limited company. Equity Finance refers to the traditional method of collecting funds by the way of issuing shares and Debt Finance refers to obtaining loans using annual interest for repayment.[2] Before the Company Act, 2006, Company Act, 1985, governed the company law in The United Kingdom. This Act did not contain any provisions, which clearly defined the duties of a director in a Company. Few duties were mentioned to be important directors duties, which required compliance like filing an annual return, maintaining annual accounts, etc. However, a complete provision explicitly mentioning directors role in a company was missing. Therefore, a need was felt to codify the duties of the director under one provision, which would increase corporate governance in The United Kingdom, and at the same time be beneficial for the Company.[3] This lead to enactment of Section 172 of the new amended Company Law in The United Kingdom. This Section contained rules relating to duties of a director, which was needed to be followed in the routine dealings of the directors on behalf of the Company. However, one of the most controversial Section, which sets the responsibility for every activity within a Company on a Directors is the Section 172 of the Company Act, 2006. This section had attracted a lot of criticism on the Bill Stage for making Directors liability too high in case the Company undergoes any losses. Section 172 of the Company Act, 2006 in The United Kingdom states the duty of the director of a Company to promote the success of the Company.[4] The said Section states that the Director needs to act in a particular way keeping the success of the company along with the interest of its member as a whole in mind having utmost good faith in his actions and regards with the following: Consequences of every business decision in a long run Interest of the employees of the company The importance of developing companys relation with its vendors, suppliers, etc. The effect of companys operation on environment and community The necessity for the company to maintain business conduct of high standard and reputation The need to be fair in dealing with the members of the company The Section also includes doing every other act not mentioned about which would bring about the success of the company along with its members.[5] This section further goes ahead to cover the interest of companys creditors under certain circumstances and subject to enactment of regulation requiring the directors to do so. The Section 172 of the Company Act, 2006 empowers the Board of Directors of the Company with a lot of duties and responsibilities, which in return makes them more prone to liabilities arising out of infringement of such duties responsibilities. The scope of Section 172 of the Company Act, 2006 is very comprehensive to include almost all the activities within a company to be carried under the supervision and control of the directors. This has made the role of directors in the Company very crucial and attracted much disapproval along with a lot of criticism. The section implies that the directors are required to act in good faith, promote the success of the Company by avoiding misjudgements, and avoid any negligence claim against them.[6] The section also implies that as long as the director of the Company have good faith and are conducting activities honestly in the management of the company with honest decisions about the same, the directors have the right to use their discretion in any judgements about the company. Thus, the first part of the section states the director to be honest in all dealings and then have the power to decide about any activity of the company. The main reason for making amendments to the duties of the directors role in a company was that the previous law relating to the duty of the directors did not provide guiding the interest of the members of the company while deciding the operations of the company.[7] The sub-section (2) of the said Section relates to protecting the non-commercial activities and objectives of the company and the third sub-section protects the rights the creditors of the Company. The primary duty of the director according to this Section is to safeguard the interest of the Company, which refers to shareholders of the company. However, once this section was codified what was important is to define the limits of the duties of the directors not to make the director liability for every small activity within the Company. For example, failure to follow a tax structure that would increase the funds of the shareholder make director liable under Section 172 of the Company Act, 2006 on the grounds that the director failed to act for the interest of the company. [8] The main purpose behind this section is to ensure that the directors of the company manage and work towards the success of the company having a long-term goal. In a recent case, Item Software (U.K) Limited v Fassihi [2004] EWCA Civ 1244 the judgement stated that the primary reason for granting such wide powers on the directors, was to educate them by granting the directors certainty about what law demands from them and bring changes in the duties of the directors making them more accountable which would in return help the company to progress, treating it to be their ultimate goal. However, what the company law in The United Kingdom fails to do is provide safeguards to the Directors.[9] This section applies to the whole board of directors, which include non-active members in the board making them liable for the wrongful actions or misjudgements in the decisions of the company even when they have very little role in the management of the Company. The Company law did not give ant safeguards or exception that helps the director to perform his duties under this Section without any fear. However, the truth is that the interpretation of this section was judged only on its wordings ignoring its essence. In reality, it was not as strict on directors liability as it was feared to be. This section was also criticised for the fact that it influenced the outcome directors judgement because it required the director always to decide in support to promote the interest of the company and its members. Another hardship that the Section was considered to contained during its enfo rcement was that the necessity of the board to take every decision on behalf of the company after judging its effects on the shareholders, employees, environment, etc. will make the decision-making process very complicated and inefficient.[10] The most severe hardship that the directors would face is the numerous litigation against them by the environmental activists, shareholders, employees, etc. that the director has acted negligently in making decisions on behalf of the company not complying with Section 172 of the Companys Act, 2006. The outcome of this could be that the directors would try to keep away from all such litigation by discussing business risks and take this more seriously than the main business itself. The risk of attached liabilities that will be connected to the prestigious role of a director of a company will discourage potential directors from taking up the job of a director in a company. The above states the disadvantages or the fear, which the legal practition ers in The United Kingdom explained this Section would carry when, implemented.[11] However, the scope of this Section was misinterpreted by the wordings of the Section. The supporters of this Section stated that codification of the duties of the director with the powers given to the directors of the overall management of the company with the ultimate goal of success will make the directors work and be more dedicated in performing their duties. Every decision of the director under this Section will be well analysed and after consultation with the professional experts that will benefit the company. The issue of increased litigation also seems over-exaggerated. The Section explicitly states the principle of good faith in the directors decisions. Therefore, as long as the director is honest in his dealings on behalf of the company with reasonable care, diligence and expertise they are in good position to avoid any claim of negligence in their action, which would breach Section 172 of the Company Act, 2006. This section, therefore, will increase corporate governance in The United Kingdom, as directors will be complied to follow the guidelines in Section 172 to in carrying their general duties towards the company and avoid litigation. It would make the board of directors of the company more disciplined in their dealings instead making the board weak as discussed above. One of the most significant reforms that Section 172 of the Company Act, 2006 brought in The United Kingdom was the enlightened shareholder value. The Company Law Review Steering Group (CLRSG) had introduced the concept of enlightened shareholder value in The United Kingdoms company law. The main reason for the CLRSG was to introduce a principle into the corporate governance of the country, which would make the dealings of a company more transparent and fair.[12] The enlightened shareholder value proposes that the shareholders interest shall prevail to be the most important in a company. The enlightened shareholder value is a principle or an approach, which states that maximizing the profits of the shareholders is the best method to of obtaining overall prosperity and success in a company.[13] The entire principle is based on the idea that long-term profit goal will be achieved only the shareholders interest is primary in a company along with the co-operation of other stakeholders li ke employees, creditors, etc. and the environment and the community together. Therefore, this approach makes it the duty of a director to promote the success of the company keeping in mind the shareholders interest to be primary not ignoring the interests of the other stakeholders in the company. Certain critics stated that giving importance to the benefits of stakeholders would not be of much significance because in a conflict of interest between the shareholders interest with that of a stakeholders, the interest of shareholder shall prevail. However in sub-section (1) of Section 172 of the Company Act, 2006 the interest of stakeholders like employees, suppliers, customers along with the effect on environment and community of the companys business operation is included to be given regards by a director while making decisions on behalf of the company. This makes it clear that the law requires the director to simultaneously take care of the interest of the companys members and promot e the success of the company. In the case, Hutton v West Cork Railway Co (1883) 23 Ch D 654 a company based in The United Kingdom concerns the limit of directors decision in spending companys funds for privileges of the non-shareholder in the company. It was a judgement passed in the companys insolvency proceedings concerning the companys employees. [14] The judgement stated that the payments made to employees were invalid as the company was going through an insolvency proceeding therefore, following the rules enforced in Section 172 of the Company Act, 2006 the court came to a conclusion that during the life of a company, the company can make payments for benefits of the stakeholders but only to an extend that in the end its of the shareholders interest.[15] This case law makes it evident that the shareholders interest under Section 172 of the Companys Act will be primary prevailing above the interest of any stakeholder in the company. This principle was a of enlightened shareholder value that increased the efficiency of the director in The United Kingdom by making the directors take long-term profit goals with the principle of shareholders interest in mind. This is an approach, which is most suitable for the modern corporate structure, as it believes in the success of the company along with its shareholders not ignoring the interest of the companys stakeholders.[16] The sub-section 172 of the Company law suggests that if the director is acting in good faith, he has an in exhaustive list of members whose interest the director can protest which ultimately promotes the success of the company. The director here can decide to protect whose interest that will further the success of the Company and according determine the interest of shareholder or stakeholder should be given consideration according to each situation. The benefit in the implication of this principle in The United Kingdom is that the Section 172 of the Company Act, 2006 has made the list of stakeholders very broad to cover every member along with the environment and community under its blanket.[17] The board of director are given the ultimate power to make decisions regarding the company such as how to utilize the companys resources, and deciding on dispute resolution, etc. Therefore, no team or a particular group in the company enjoys the right to exploit or control another. This helps the directors to not just mere agents of the shareholder in the corporate system and considers just the shareholders interest at the cost of the other stakeholders like employees, creditors, etc.[18] Instead, they play an significant role in balancing the conflicting interest between the shareholders and the non-shareholder groups and coming up with a solution that favours the success of the Company. Therefore, Section 172 of the Company Act, 2006 needs to be given a wider interpretation. The interpretation of the term interest in relation to the Company should be looked at broadly to include a collective welfare of all the members who are included in the operations of the company instead limiti ng its scope just ton mean profit maximization for shareholders.[19] The incorporation of this system will only increase the flexibility of the directors decision making the director act more efficiently and with adequate professional help. Therefore, giving the directors the required discretion to judge supporting whose interest in the company will benefit the company is a very revolutionary way to develop and amend the corporate governance in a country. Many countries like Hong-Kong after the implementation of enlightened shareholder value in The United Kingdom went ahead to enforce the same in their country as the principle inevitably contains more advantages than harms. Giving the directors of a company flexibility in decision making process on behalf of the company keeping in mind long-term profit goals depending on the business type, structure and the economic conditions present at each situation is the best possible method to promote success and re-built the definition of corporate governance in the modern era where technology and innovations a re at its peak.[20]. Reference List Adams, R.B., Licht, A.N. and Sagiv, L., 2011. Shareholders and stakeholders: How do directors decide?.Strategic Management Journal,32(12), pp.1331-1355. Chapman, R.J., 2011.Simple tools and techniques for enterprise risk management. John Wiley Sons. Chohan, A., 2012. Is Section 172 of the Companies Act 2006 Capable of Delivering for All Stakeholders?.Available at SSRN 2139528. Collison, D., Cross, S., Ferguson, J., Power, D. and Stevenson, L., 2014. Financialization and company law: A study of the UK Company Law Review.Critical Perspectives on Accounting,25(1), pp.5-16. Council, F.R., 2010. The UK corporate governance code.London: Financial Reporting Council. De Lacy, J. ed., 2013.Reform of UK Company Law. Routledge. Ho, J., 2010. Is section 172 of the Companies Act 2006 the guidance for CSR.Company Lawyer,31(7), pp.207-213. Ho, J.K.S., 2010. Director's Duty to Promote the Success of the Company: Should Hong Kong Implement a Similar Provision?.Journal of Corporate Law Studies,10(1), pp.17-33. Hopt, K.J., 2011. Comparative corporate governance: The state of the art and international regulation.The American journal of comparative law, pp.1-73. Keay, A.R., 2010. The duty to promote the success of the company: is it fit for purpose?.University of Leeds School of Law, Centre for Business Law and Practice Working Paper. Kershaw, D., 2012.Company law in context: Text and materials. Oxford University Press. Macve, R. and Chen, X., 2010. The equator principles: a success for voluntary codes?.Accounting, Auditing Accountability Journal,23(7), pp.890-919. Mordi, C., Opeyemi, I.S., Tonbara, M. and Ojo, I.S., 2012. Corporate Social Responsibility and the Legal Regulation in Nigeria.Economic InsightsTrends and Challenges,64(1), pp.1-8. Okoye, N., 2012. The BIS review and section 172 of the Companies Act 2006: what manner of clarity is needed?.The Company Lawyer,33(1), pp.15-16. Sealy, L. and Worthington, S., 2013.Sealy Worthington's Cases and Materials in Company Law. Oxford University Press. Segarajasingham, S., 2012. Who is Responsible for the Downfall of Companies: A Critical Study of Sri Lankan Law. InAnnual Research Symposium. Slapper, G. and Kelly, D., 2013.The English Legal System: 2012-2013. Routledge. Tate, R.C., 2012. Section 172 CA 2006: The Ticket to Stakeholder Value of Simply Tokenism.Aberdeen Student L. Rev.,3, p.112. Villiers, C., 2010. Directors' Duties and the Companys Internal Structures Under the UK Companies Act 2006: Obstacles for Sustainable Development.International and Comparative Corporate Law Journal, Forthcoming. Wolf, K.D., Flohr, A., Rieth, L. and Schwindenhammer, S., 2010.The role of business in global governance: Corporations as norm-entrepreneurs. Palgrave Macmillan [1] Council, F.R., 2010. The UK corporate governance code.London: Financial Reporting Council. [2] Ho, J., 2010. Is section 172 of the Companies Act 2006 the guidance for CSR.Company Lawyer,31(7), pp.207-213. [3] Kershaw, D., 2012.Company law in context: Text and materials. Oxford University Press. [4] Chohan, A., 2012. Is Section 172 of the Companies Act 2006 Capable of Delivering for All Stakeholders?.Available at SSRN 2139528. [5] Tate, R.C., 2012. Section 172 CA 2006: The Ticket to Stakeholder Value of Simply Tokenism.Aberdeen Student L. Rev.,3, p.112. [6] Slapper, G. and Kelly, D., 2013.The English Legal System: 2012-2013. Routledge. [7] Okoye, N., 2012. The BIS review and section 172 of the Companies Act 2006: what manner of clarity is needed?.The Company Lawyer,33(1), pp.15-16. [8] Sealy, L. and Worthington, S., 2013.Sealy Worthington's Cases and Materials in Company Law. Oxford University Press. [9] Segarajasingham, S., 2012. Who is Responsible for the Downfall of Companies: A Critical Study of Sri Lankan Law. InAnnual Research Symposium. [10] Mordi, C., Opeyemi, I.S., Tonbara, M. and Ojo, I.S., 2012. Corporate Social Responsibility and the Legal Regulation in Nigeria.Economic InsightsTrends and Challenges,64(1), pp.1-8. [11] De Lacy, J. ed., 2013.Reform of UK Company Law. Routledge. [12] Villiers, C., 2010. Directors' Duties and the Companys Internal Structures Under the UK Companies Act 2006: Obstacles for Sustainable Development.International and Comparative Corporate Law Journal, Forthcoming. [13] Macve, R. and Chen, X., 2010. The equator principles: a success for voluntary codes?.Accounting, Auditing Accountability Journal,23(7), pp.890-919. [14] Keay, A.R., 2010. The duty to promote the success of the company: is it fit for purpose?.University of Leeds School of Law, Centre for Business Law and Practice Working Paper. [15] Hopt, K.J., 2011. Comparative corporate governance: The state of the art and international regulation.The American journal of comparative law, pp.1-73. [16] Collison, D., Cross, S., Ferguson, J., Power, D. and Stevenson, L., 2014. Financialization and company law: A study of the UK Company Law Review.Critical Perspectives on Accounting,25(1), pp.5-16. [17] Ho, J.K.S., 2010. Director's Duty to Promote the Success of the Company: Should Hong Kong Implement a Similar Provision?.Journal of Corporate Law Studies,10(1), pp.17-33. [18] Adams, R.B., Licht, A.N. and Sagiv, L., 2011. Shareholders and stakeholders: How do directors decide?.Strategic Management Journal,32(12), pp.1331-1355. [19] Wolf, K.D., Flohr, A., Rieth, L. and Schwindenhammer, S., 2010.The role of business in global governance: Corporations as norm-entrepreneurs. Palgrave Macmillan. [20] Chapman, R.J., 2011.Simple tools and techniques for enterprise risk management. John Wiley Sons