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Société Par Actions Simplifiée
''Société par actions simplifiée'' (SAS; simplified joint-stock company in British English or simplified corporation in American English) is a French type of business entity. It is the first hybrid entity enacted under Law of France, French law and based on common law principles rather than Civil Law (legal system), civil. It is similar to a limited liability company under United States law, as the Delaware General Corporation Law, Delaware LLC was the model used by the French government. The SAS is also similar to the limited company in Law of the United Kingdom, British law, and most other hybrids, though the hybrid in civil-law countries is quite different because there is also a hybrid of common law principles applied. A ''société par actions simplifiée'' has its annual statements audited by an independent body and published. The head of a ''société par actions simplifiée'' is its ''président''. However, unlike the ''société anonyme'', it does not have a board. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Public Action And Accounts
The Ministry of Public Action and Accounts ( French: ''Ministère de l'Action et des Comptes publics'') is a ministry of the Government of France. It was created by President Nicolas Sarkozy in 2007, when he split the Ministry of Finance and the Economy into the Ministry of Budget, Public Accounts and Civil Administration and the Ministry of the Economy, Industry and Employment. Éric Woerth became the first Budget Minister to have a dedicated ministry since Sarkozy himself in 1995. History Woerth was entrusted with several missions and reforms to be led. The main reforms were to modify the statute of civil servants, to reduce the number of civil servants, to merge the taxation direction and the public compatibility services, to lead a general review of public policies, to reduce the budget deficit, to elaborate a new legislation on online bets. Budget Minister Jérôme Cahuzac was reattached to the Ministry of the Economy and Finance in 2012; the ministry took its current na ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Société Anonyme
The abbreviation S.A. or SA designates a type of limited company in certain countries, most of which have a Romance languages, Romance language as their official language and operate a derivative of the 1804, Napoleonic, civil law (legal system), civil law. Originally, shareholders could be anonymous and collect dividends by surrendering coupon (finance), coupons attached to their stock certificate, share certificates. Dividends were paid to whomever held the certificate. Since share certificates could be transferred privately, corporate management would not necessarily know who owned its shares – nor did anyone but the holders. As with bearer bonds, anonymous unregistered share ownership and dividend collection enabled money laundering, tax evasion, and concealed business transactions in general, so governments passed laws to audit the practice. Nowadays, shareholders of S.A.s are not anonymous, though shares can still be held by a holding company to obscure the benefici ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legal Entities
In law, a legal person is any person or legal entity that can do the things a human person is usually able to do in law – such as enter into contracts, sue and be sued, own property, and so on. The reason for the term "''legal'' person" is that some legal persons are not human persons: companies and corporations (i.e., business entities) are ''persons'', legally speaking (they can legally do most of the things an ordinary person can do), but they are not, in a literal sense, human beings. Legal personhood is a prerequisite to legal capacity (the ability of any legal person to amend – i.e. enter into, transfer, etc. – rights and obligations): it is a prerequisite for an international organization being able to sign international treaties in its own name. History The concept of legal personhood for organizations of people is at least as old as Ancient Rome: a variety of collegial institutions enjoyed the benefit under Roman law. The doctrine has been ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Louis Dreyfus Group
Louis Dreyfus Company B.V. (LDC) is a French merchant firm that is involved in agriculture, food processing, international shipping, and finance. The company owns and manages hedge funds, Ship management, ocean vessels, develops and operates telecommunications infrastructures, and it is also involved in real estate development, management and ownership. Along with Archer Daniels Midland, Bunge Limited, Bunge, and Cargill, Louis Dreyfus is one of the four "ABCD" companies that dominate world agricultural commodity trading. The company makes up about 10% of the world's agricultural product trade flows, and is the world's largest cotton and rice trader. It is also regarded by many as the second-largest player in the world's sugar market. LDC Metals expanded to become the world's third biggest trader of copper, zinc and lead concentrate, behind only Glencore and Trafigura. Louis Dreyfus Company has its head office in Rotterdam, Netherlands. The company's parent, Louis Dreyfus Holding ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Family Business
A family business is a commercial organization in which decision-making is influenced by multiple generations of a family, related by Consanguinity , blood, marriage or adoption, who has both the ability to influence the vision of the business and the willingness to use this ability to pursue distinctive goals. They are closely identified with the firm through leadership or ownership. Owner-manager entrepreneurial firms are not considered to be family businesses because they lack the multi-generational dimension and family influence that create the unique dynamics and relationships of family businesses. Overview A family business is the oldest and most common model of economic organization. The vast majority of businesses throughout the world—from corner shops to multinational publicly listed organizations with hundreds of thousands of employees—can be considered as family businesses. Based on research of the ''Forbes 400'' richest Americans, 44% of the ''Forbes 400'' member ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Societas Europaea
A (, ; "European society" or "company"; plural: ; abbr. SE) is a public company registered in accordance with the European corporate law, corporate law of the European Union (EU), introduced in 2004 with the Council Regulation on the Statute for a European Company. Such a company may more easily transfer to or merge with companies in other Member state of the European Union, member states. As of April 2018, more than 3,000 registrations had been reported. Several of the Euro Stoxx 50 stock market index of leading eurozone companies have been registered as SE: Airbus, Allianz, BASF, E.ON, Fresenius (company), Fresenius, LVMH, LVMH Moët Hennessy Louis Vuitton (and its subsidiary Dior), SAP SE, SAP, Schneider Electric, TotalEnergies, Unibail-Rodamco-Westfield and Vonovia. National law continues to supplement the basic rules in the Regulation on formation and mergers. The European Company Regulation is complemented by an Employee Involvement Directive which manages the rules for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Airbus
Airbus SE ( ; ; ; ) is a Pan-European aerospace corporation. The company's primary business is the design and manufacturing of commercial aircraft but it also has separate Airbus Defence and Space, defence and space and Airbus Helicopters, helicopter divisions. Airbus has long been the world's leading helicopter manufacturer and, in 2019, also emerged as the world's biggest manufacturer of airliners. The company was incorporated as the European Aeronautic Defence and Space Company (EADS) in the year 2000 through the merger of the French Aérospatiale-Matra, the German DASA and Spanish EADS CASA, CASA. The new entity subsequently acquired full ownership of its subsidiary, ''Airbus Industrie GIE'', a joint venture of European aerospace companies originally incorporated in 1970 to develop and produce Airbus A300, a wide-body aircraft to compete with American-built airliners. EADS rebranded itself as ''Airbus SE'' in 2015. Reflecting its multinational origin, the company operates ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Publicly Traded
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Managing Director
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in various organizations, including public and private corporations, Nonprofit organization, nonprofit organizations, and even some government organizations (notably state-owned enterprises). The governor and CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the profitability, market share, revenue, or another financial metric. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of the main manager of the organization and the highest-ranking officer in the C-suite. Origins The term "chief executi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Annual Statement
An annual report is a comprehensive report on a company's activities throughout the preceding year. Annual reports are intended to give shareholders and other interested people information about the company's activities and financial performance. They may be considered as grey literature. Most jurisdictions require companies to prepare and disclose annual reports, and many require the annual report to be filed at the company's registry. Companies with issued shares publicly listed are also required to report at more frequent intervals (depending upon the rules of the stock exchange involved). Content Typical annual reports may include: * General corporate information * Operating and financial review * Director's Report * Corporate governance information * Chairpersons statement * Auditor's report * Sustainability and ESG information * Green annual report * Contents: non-audited information * Financial statements, including ** Balance sheet also known as Statement of Financial Po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of France
The Government of France (, ), officially the Government of the French Republic (, ), exercises Executive (government), executive power in France. It is composed of the Prime Minister of France, prime minister, who is the head of government, as well as both senior and junior minister (government), ministers. The Council of Ministers, the main executive organ of the government, was established in the Constitution of France, Constitution in 1958. Its members meet weekly at the Élysée Palace in Paris. The meetings are presided over by the president of France, the head of state, although the officeholder is not a member of the government. The Prime Minister may designate ministers to be titled as ministers of state (), who are the most senior, followed in protocol order by ministers (), ministers delegate (), whereas junior ministers are titled as secretaries of state (). All members of the government, who are appointed by the president following the recommendation of the prim ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
