Delegating Authority in a Large Organization Essay -- Business and Man

Delegating Authority in a Large Organization Management 330 Delegating authority in any large organization is required to keep a steady workflow within the organization. Delegation is the process of distributing the workload in a top-down flow within an organization. Managers have a responsibility to delegate for the benefit of themselves and their subordinates but should not abuse the power of delegation by using it to make others take responsibility for their mistakes. Delegation allows managers to relieve some of their workload and allows subordinates a chance to learn the management field through on the job training. There are various ways to delegate within an organization and proper and improper ways to do it. Delegation was accomplished at my previous employer through weekly assignment meetings or direct tasking. Because I stay at home now with the children, who are one and four years old, delegation consists of minor tasking such as making a bed or cleaning toys up. Rules for delegation stay the same at any home or organization, someone is passing work along to a subordinate so they can accomplish their own tasking or teach the subordinate what they need to learn. In a company, delegation generally follows a hierarchy and moves from top-level management to middle level management to lower level management to the workforce. The person delegated should be the appropriate level for the goal that will be accomplished. There is no sense in delegating a task to someone without the skill or knowledge to complete it unless the delegator is willing to teach the procedures to do so. Unfortunately some managers use delegation as a way to pawn responsibility off on subordinates and avoid circumstances involved with not achieving a goal. These are bad management practices and should not be tolerated by upper level management. Not taking responsibility for their actions can lead managers to have a dissatisfied workforce that is not willing to accept delegation of important assignments. There are multiple advantages and uses for management delegating tasks. As managers move from lower to mid to upper level management they take on more responsibility and larger workloads so saving time is a critical factor in delegating, most managers are required to focus on higher-level activities and it frees the manager to devote mor... ...n insightful knowledge, which the subordinate may very well have, this step can help everyone involved to understand the tasking that is to be done. Allotting the resources needed to complete the project can make or break the project. If proper resources are not allowed then the project can either not be done or will only be done to the limit of the resources that were allowed, which in most cases is unsatisfactory. Scheduling checkpoints for review to make sure that goals are being met and following through on those checkpoints to make sure that satisfactory progress is being made are the final steps in the delegation process. Not following the steps of proper delegation can lead to poor or inadequate goals being achieved and dissatisfaction among management and workers alike. Delegation should be used in some stages of management more than others. The planning and organizing stages of management require the most delegation for research into how to accomplish them and put plans into action. The leading stage of management requires some delegation to thin a managers workload. The controlling stage of delegation should require little to no delegation by a manager.

Law and Society Essay

They had virtually no voice. Men were only expected to provide their wife with the necessities of life, and to protect her. This system or way of functioning was called â€Å"covert†. Women were expected to provide a welcoming home and a carefree environment for their husbands, when they returned from a â€Å"long hard day of laboring work. † Laws that were put into place in the early 1 9th century stated that married women were completely under the control of their husbands, much like a slave was under the control of his master.There was a hero that â€Å"If the man killed his wife, it is not really his fault, she must have done something wrong, but if a woman killed her husband, she is punished with an equal fate as it is a capital crime to â€Å"bite the hand that feeds you†. † Although some marriages were fine and worked out to the advantages if both partners, troublesome marriages were the issue. When a wife disagreed with her husband, she did not rea lly have any grounds on which to protect herself.Although assault was a crime under the law, the government barely enforced t when it came to domestic cases. Also, women were not allowed to really have any of their own money. The luxuries that they could enjoy were limited and under the complete control of what their husband would allow and pay for. If the two tried to divorce, she would be left with nothing and him with a fortune. Women's rights were stripped from her when she married. As Elizabeth Caddy Stanton said, â€Å"As a teacher of theology, medicine, or law, she is not known.He has denied her the facilities for obtaining a thorough education, all colleges being closed against her. † This quote represents how women were treated very similarly to inferior beings, much like slaves were, except with less cruelty. They were seen as not worthy of education. Quite frankly, as a feminist, I believe that men were afraid that women would overcome their abilities and surpass t hem in wealth and success. Women began to fight and stand up for themselves by educating themselves in the law and trying to find loopholes in it.One example of this was Harriet Douglas and Henry Kruger. Harriet loved Henry, but only agreed o marry him when she put him under the restrictions that the wife would usually be put under. Although their marriage did not work out, and Harriet still lost half of her property when they separated, she still set a standard and began a revolution for women's rights. Stanton pronounced her â€Å"Declaration of Sentiments† at the first women's rights convention in Seneca Falls, New York. She proposed twelve resolutions to a series of wrongs, and all twelve passed.Also, states began passing the Married Women's Property Act gave omen the ownership of the property they owned before their marriage. Following that act was the Earnings Act, which gave women the right to keep their income and wages from their job. Although women's rights saw many optimistic reforms in the late 1 9th century, there was still much to be done for equality. Women were still restricted in many ways, but they had taken an important step towards their goal. These reforms would take many, many years to come about, but their achievements thus far were phenomenal and had a big impact on the culture of America.

The Mode Of Financing Higher Education - 929 Words

The mode of financing higher education in the public sector is central to higher education policy making because it reflects how education is provided to society and at what price. It also indicates the policy stance of the government towards higher education. (Chattopadhay 2007).Once the government has initiated economic reform policies and had frozen budgets for higher education, financial reforms were unveiled. In the post economic reforms period, since 1991 till today, different commission and committees have been constituted by the government or its agencies on higher education. The Government of India set up two committees. One committee on UGC funding of institutions of higher education was set up under the chairmanship of Justice K.Punnayya (UGC 1993) and the other high power committee for mobilisation of additional resources for technical education was set up under the chairmanship of D.Swaminadhan (1994) to outline methods of mobilisation of resources for higher education. The recommendation of both the commitees set the direction of the government policy with regard to financing of higher education in the years to come. Both committees submitted their report almost at the same time in 1993-94. Though the both stressed the importance of state financing higher education, and almost argued for a firm commitment on the part of the government to finance higher education. Also both committee suggested several measures to mobilise non-governmental resources forShow MoreRelatedEducation Is Important For The Development Of A Nation Essay1641 Words   |  7 Pa gesEducation is extremely important for the development of a nation. It is the process of instruction aimed at all round development of youth. It is the only wealth that cannot be robbed. Learning includes the moral values and the improvement of character and the methods to increase the strength of mind. Education enables people to cause and to contribute to societal development. Education has the responsibility for transferring human being into human resources (Gopalan, 2001). Development of humanRead MoreThe Growth Of Self Financing Colleges937 Words   |  4 PagesUnprecedented Growth There has been tremendous growth in private higher education from the beginning of the 1990, this growth has been unprecedented; infact, before 1990 there were very few private institutions. By private institutions not mean the private aided colleges that have been in existence before independence, but private, self-financing colleges, which started emerging during the last quarter of century. The growth of self-financing colleges has been phenomenal; the number of private collegesRead MoreExplain what sources of finance are available for small to medium sized companies and explain why they sometimes face difficulties in raising finance2345 Words   |  10 Pagescountrys economy. Therefore, how to financing efficiently and overcoming fund-raising barriers for its ongoing progress becomes a indispensable part and parcel of their operation activities. The aims of this article is to demonstrate what funds-raising techniques could be adapted by SMEs, then examine what obstacles are face d by them in the financing activities, and lastly, giving a conclusion. 2. Funds-raising sources available for SME 2.1 Internal financing At the initial stage, SMEs have toRead MoreIdiot Nation, Michael Moore, Critical Essay Critique1280 Words   |  6 Pagesthe lack of financing that has been caused from the top of the food chain. Politicians as well as American corporations contribute to the decline in education according to Moore. He attempts to give the reader a clear picture of where America places the importance of educational funding. He follows-up with detailed examples on what districts and schools resort to in order to gain financial support for their programs. Moore is quick to point out the irony of politics and education in America whileRead MoreEconomic Growth And Development Of A Economy2265 Words   |  10 Pagesquantum of the human capital which is primarily acquired from formal education systems especially, higher education. Higher education plays an important role in the accumulation of human capital among the labour forces (Lucas 1988). More educated labour force is more skilled, more adaptabl e to the needs of changing economy and mare likely to develop the imaginative ideas, techniques and products. Any Structural change in the higher education sector is likely to affect the process of human capital formationRead MoreGlobalization of Higher Education7759 Words   |  32 PagesJournal of Higher Education Policy and Management Vol. 30, No. 3, August 2008, 215–229 Globalisation and higher education funding policy shifts in Kenya Gerald Wangenge-Ouma* Faculty of Education, University of the Western Cape, Bellville, South Africa This paper identifies, examines and discusses higher education funding policy shifts that have taken place in Kenya. The paper argues that even though Kenya’s higher education funding policy shifts, from free higher education to cost-sharing,Read MoreLimitations of 10th 11th 5 Year Plan1808 Words   |  8 Pagesobjectives: Education ââ€" ª Reduce dropout rates of children from elementary school from 52.2% in 2003-04 to 20% by 2011-12 ââ€" ª Develop minimum standards of educational attainment in elementary school, and by regular testing monitor effectiveness of education to ensure quality ââ€" ª Increase  literacy rate  for persons of age 7 years or above to 85% ââ€" ª Lower gender gap in literacy to 10 percentage point ââ€" ª Increase the percentage of each cohort going to higher education from theRead MoreCompany Profile Of Tesla Motors1364 Words   |  6 PagesTesla in the promotion of positioning as the world s only senior electric car brand has been creating a Tesla brand context. The reality of the market performance is also very of the force. Tesla in the first three-quarters of 2013 sales is much higher than the BMW, Mercedes-Benz, and another luxury car brand. (Charles,  2016)The partner is Tesla s unique operating advantage. Tesla s competitive advantage comes mainly from the integration of the system innovation, from the vehicle engineering,Read MoreInternatioal Management Case Study: Metro Cash Carry1206 Words   |  5 Pagesareas. MCC has benefited from being business unit of Metro Group, the world s third largest retailer, which has provided ample sources of financing to the company. MCC introduced the CC business model to the world, efficiently controlling operational co sts by targeting small and medium-sized enterprises (SMEs). SMEs larger volume purchase habits leads to higher sales, lower cost and larger profit margin per customer for MCC. Second, the MCC’s cash only policy eliminates default risk credit cardRead MoreFlexibility, And Teamwork Guide Our Recent School Design1430 Words   |  6 Pagesgrew over time in the first half of the 19th century across the country. (Baker, 2012). Schools needed to follow different principles, from the need to be open to the air, to the need to be quickly built, and to the need to provide space for multiple modes of instruction. (Baker, 2012). â€Å"[t]he school building should be simple, dignified and plain and should be built of the most enduring materials procurable; first, because this contributes to safety, permanence and endurance, and second, because the

Great Expectations by Charles Dickens Essay - 2751 Words

Great Expectations by Charles Dickens Throughout the Victorian era humanity was obsessed with social status and took every opportunity to search for meaningful existence within society. ‘Great Expectations’ follows Pip’s journey from childhood to adulthood, acquainting with both the true and false qualities of a ‘gentleman’. All through the novel, social class provides an arbitrary, external standard of value by which the characters judge one another. During Pip’s progression of becoming a ‘gentleman’ he realizes appearance is not the main quality a gentleman should posses. Dickens provides Pip, the protagonist, with extreme challenges involving his genteel qualities to expose the obvious need of†¦show more content†¦Pip - â€Å"I was haunted by the fear that she would, sooner or later, find me out, with a black face and hands, doing the coarsest part of my work, and would exult over me and despise me.† Pip’s desire for becoming a gentleman an d reaching up to Estella’s wishes largely surpassed his childhood. With Estella’s negative thoughts about Pip, he began to feel discontent with the existing life he had, â€Å"Biddy, I am not at all happy as I am. I am disgusted with my calling and with my life. I have never taken to either, since I was bound.† – Pip. As a character, Pip’s idealism often leads him to identify the world rather narrowly, and his tendency to generalize situations based on exterior values leads him to behave badly toward the people who care about him. When Pip receives his mysterious fortune, he immediately begins to act as he thinks a gentleman is supposed to act, which leads him to treat Joe and Biddy snobbishly and coldly. â€Å"Well, Joe is a dear good fellow- in fact, I think he is the dearest fellow that ever lived- but he is rather backward in some things, for instance, Biddy, in his learning and his manners.† Pips arrogance towards Biddy grows as he speaks; he often captured her words and twisted themShow MoreRelatedGreat Expectations By Charles Dickens1113 Words   |  5 Pagesadventures that the male characters go on. This seems to be relevant in a lot of movies and books like the story Great Expectations by Charles Dickens. In Great Expectations there are multiple female characters like Es tella, Biddy, and Miss Havisham who all play a large part in the main character, Pip’s life. One of the first that we meet the character Estella in Charles Dickens’ Great Expectations is when Pip goes to Miss Havisham’s to play with her. The two kids play the game beggar my neighbor when EstellaRead MoreGreat Expectations By Charles Dickens1347 Words   |  6 Pagespoor status of the economy, social mobility does not seem to be occurring at high rates, with the poor getting poorer and rich getting richer. Despite this, social mobility is alive and well, and has been for centuries. In his novel, Great Expectations, Charles Dickens voices the concerns of many that lived in Victorian England during the 19th century by promoting such a desire to live life in a more prosperous social class. One of the most fundamental and reoccurring themes in the novel is that ofRead MoreGreat Expectations By Charles Dickens1426 Words   |  6 Pages Twelve-year-old Charles dickens gets ready for bed after a long day at the blacking house. These Victorian-aged memories will provide him with many ideas for his highly acclaimed novel Great Expectations. Set in 1830 England, Great Expectations is a coming-of-age story about a common innocent boy named Pip and his road to becoming a gentleman through the influence of others. Pip is influenced both positively and negatively by Estella, Herbert, and Magwitch. Estella left a huge impression on PipRead MoreGreat Expectations by Charles Dickens984 Words   |  4 PagesCharles Dickens utilizes his life for inspiration for the protagonist Pip in his novel Great Expectations. They both struggle with their social standing. Dickens loved plays and theatre and therefore incorporated them into Pip’s life. Dickens died happy in the middle class and Pip died happy in the middle class. The connection Dickens makes with his life to Pip’s life is undeniable. If readers understand Dickens and his upbringing then readers can understand how and why he created Pip’s upbringingRead MoreCharles Dickens Great Expectations943 Words   |  4 Pages This is true in many cases but none as much as in Great Expectations. In many ways the narrator/protagonist Pip is Charles Dickens in body and mind. While there are many differences between the story and Charles Dickens life there remains one constant. This constant is the way Pip as the narra tor feels, because these feelings are Dickens s own feelings about the life he lead. Since Great Expectations was written towards end of Charles Dickens life, he was wiser and able to make out the mistakesRead MoreGreat Expectations By Charles Dickens1375 Words   |  6 PagesGreat Expectations by Charles Dickens and The Talented Mr Ripley by Anthony Minghella present similar criticisms of society to a large extent. Both of these texts consider the criticisms of rich social contexts (wealth and status), societal morality (whether a society is good or not. Status [can lead to the wrong people being in a high position i.e. making bad decisions affecting the community/society] Appearance [society appears to be moral/good (if you’re from a higher status) {dickens criticisesRead MoreCharles Dickens Great Expectations1223 Words   |  5 PagesBeloved author Charles Dickens was born on February 7, 1812 in Portsmouth, England. Growing up in a life of poverty, his childhood hardshi ps provided the inspiration to write a myriad of classic novels including his 1861 seminole masterpiece, Great Expectations (â€Å"BBC History - Charles Dickens†). Great Expectations follows the life of an orphan named Pip, who’s perspective of the world is altered when he is attacked by an escaped convict in his parents’ graveyard in the town of Kent. Throughout hisRead MoreGreat Expectations By Charles Dickens924 Words   |  4 Pagesa character driven novel, or a mix of the two. In order for a novel to be character driven, it must revolve more around the characters’ individual thoughts, feelings, and inner struggles, rather than around the quest of the story. Great Expectations, by Charles Dickens, is a character driven novel. While the story does have a plot, it is not contingent upon that plot, but rather is reliant upon its characters and their natures. This is evident from the beginning of the novel. From the opening ofRead MoreCharles Dickens Great Expectations1669 Words   |  7 PagesCharles Dickens He was one of England s greatest authors of the 1800 s, better known as the Victorian era. The various themes and ideas of that time are perfectly showcased in his many novels and short stories, such as Nicholas Nickelby, Great Expectations, Oliver Twist, A Tale of Two Cities, and A Christmas Carol. Much of the inspiration for these works came from the trials and conflicts that he dealt with in his own life. His volumes of fictional writing show the greatRead MoreCharles Dickens Great Expectations1017 Words   |  5 Pagesexperiencer is somewhere else absorbing knowledge of a different setting.This abstract adventure is seized by author Charles Dickens in Great Expectations. Great Expectations is historical fiction giving readers comprehension of the Victorian Era.Upon the reading, readers begin to catch on the intended purpose and its significance. A person who lived during the Victorian Era was Charles Dickens himself.He grew up during a time where differences in social class were to an extreme degree.Dickens went through

The Ice Man, Haruki Marukami - 969 Words

Dr Icelove: Or I Learned to Stop Worrying and Love Male Dominated Cultures â€Å"The Ice Man† by Haruki Murakami is a woman’s conflictive narrative incurred when facing a new identity spurred by the marriage of a man that does not fit her societal norms. She develops a relationship with a person dubbed the Ice Man even after a friend acknowledges he was different from them. The man’s unusual characteristics do not fit any niche she has come across in Japan. As their courtship turns into marriage, family protest and friends are unaccepting of the union. Marked the black sheep of family and ostracized by friends, she is left alone as he takes a job in a meat warehouse. Lonely, she†¦show more content†¦Why a woman would find herself in such a lonely state as a result, the reader must understand some of the traditional social hierarchy in Murakami’s choice of setting. Japan sociologically holds strong ties to their ancestry where families are so lely represented by the husband or father. Author and philosophy professor Miura Atsushi describes Japanese women as â€Å"non-holders of class status, who reach their social position only vicariously by means of marriage† (Schad-Seifert 149). When the wife selects the Ice Man as her husband, she has taken on a lesser identity than she previously held. The lower social status is the reason for the ostracizing from her former class. Sociologist Hara Junsuke and Sayama Kazou note that the interior of â€Å"Japan has always been a socially and economically divided society in which polarization is not a recent phenomenon† (Schad-Seifert 139). Differing classes of people do not intermingle with one and another. The South Pole is a metaphor representing the Ice Man’s class that she hasn’t been able to adopt. The wife is still seen as an outsider even though she married out of her family and friend’s social standing. A woman without her own group is left alienated and lonely. Murakami is using his knowledge of Japan’s culture to portray the internal conflict a person has trying to leave their roots and groups not allowing assimilation into their differing

Social Networking Is Bad for Teens Free Essays

Imagine this: A utopian society that doesn’t have the dangers of cyber bullies or cyber bullying. No more headlines or news articles talking about the girl who killed herself because she was cyber bullied on a social networking site. In a society where you can relax and relinquish those thoughts at the back of your mind about what people think about you over that social networking site. We will write a custom essay sample on Social Networking Is Bad for Teens or any similar topic only for you Order Now Unfortunately, that’s fantasy, because teens are always using these sites, which can lead to a danger little by little every day. For those teens that abundantly use social networking sites, you may think it gives you jubilance and entertainment, but social networking sites are much worse than you think. Social networking is terrible for teenagers because it is distracting, it often leads to miscommunications and misunderstandings, and it is dangerous. To begin with, social networking is terrible because it is distracting to teenagers. Some teens that have homework to do are sometimes hoarding the computer, social networking instead of doing their homework. When their parents would tell them to do their homework, they’ll say they’ll get to it. Do you think they were actually listening while commenting on their friend’s picture on Facebook? They were probably not. This distracting â€Å"obsession† can also have an effect on their English grammar. Some English teachers are disappointed to see some students use the â€Å"chat language†, which is commonly used in social networking sites. This includes: lol, btw, brb, ttyl, l8r, etc. Social networking can also lead to the loss of focus in school. According to News Today News, â€Å"[N]early half of the five hundred teachers surveyed believe that this [obsession] affects children’s ability to concentrate in class and follow the lessons. † Students can be distracted during a lesson, thinking about that person they sent a friend request to, or if anyone commented on their newly uploaded picture. This â€Å"obsession† about social networking is distracting to teens, and is preventing them to from getting back on track in school. Not only is social networking terrible because it is distracting, but it can also cause miscommunications and misunderstandings. Now imagine you have your birthday party coming up and you invite your new friend. The problem is that your new friend doesn’t know where your house is. Through Twitter, you give directions to your house. Your big day is here, and an hour later, your friend still didn’t show up. Eventually, you find out that she ended up somewhere else from the directions that were written in a kind of â€Å"chat language† that she couldn’t understand. The next thing you know is that you’re in a fight with your friend over a miscommunication through a social networking site. Fights commonly occur between teens through a miscommunication or a misunderstanding from a social networking site. Another conflict that could result in a fight is if you post a comment or upload a picture on a social networking site, and your friend takes it for something else and finds it offending. Maybe you were just trying to be sardonic, but that’s not how your friend saw it. One of the most common results for this misunderstanding is a fight between the two. There are so many miscommunications and misunderstandings that happen every day because of social networking sites. Besides social networking being terrible because of the many miscommunications and misunderstandings it causes, it can be terrible because it is very dangerous. The dangers of a social networking site can start with sending a friend request to someone that you don’t know. All you know is what’s written on their profile, but could all of that be true? Maybe they say they’re around your age and live near you, and you think they could be fun to hang out with. The reality is that they could be an ominous serial killer who’s three times your age, lives on the other side of the country, and is trying to track you down. That person can do this if you put too much information on your profile and make it public for everyone to see. On a social networking site, anyone can find you, if it’s either a family member or a complete stranger. Another danger is the dangers of cyber bullying. Very easily, someone at your school can post a comment about something embarrassing that happened to you for everyone to see. Once you know that everyone knows about that embarrassing incident, you don’t want to show your face anywhere anymore, and you just can’t go on. This can lead to suicidal thoughts, which is the dangerous part. Just because someone said something about you, it doesn’t mean that you should end everything right there. Still, many teens do try to end their life because of what people are saying about them through a social networking site, and they just can’t take in all of the bullying and cyber bullying from that. Social networking sites come in a package deal: either you get it with accepting all the dangers, or you don’t get it at all. Social networking is a big problem in our modern-day society, but there can be a solution to that. The problem is that many teens don’t try. That’s why social networking is terrible for teenagers; it is a distraction that they can’t get away from, it can cause miscommunications and misunderstandings that can’t be fixed because some teens don’t know how to deal with their feelings, and it has so many dangers that teens don’t know how to react to. There could be many ways to end the negative side of social networking, but many people don’t try. To those who abundantly use social networking sites, now is the time to face the facts. Try to put an end to the distractions, the miscommunications and misunderstandings, and the dangers. How to cite Social Networking Is Bad for Teens, Papers

Company Law for Flitcrofts Case - MyAssignmenthelp.com

Question: Discuss about theCompany Law for Flitcrofts Case. Answer: The Doctrine of Capital Maintenance In corporate law, one of the most important regulations is the capital maintenance doctrine. It states that any organisation has the right to receive the necessary compensation for its issued shares, and the affiliates will be paid the received capital only under certain conditions. The capital is accumulated by the organisation for the security of the companys beneficiaries. In order to ensure lawful dispersion of the capital, the proceedings are managed by the Court (Tomasic 2015). The case Trevor v Whitworth (1887) saw the establishment of this doctrine. A company owned by the House of Lords could not procure its own shares to prevent a decrease in their capital. Moreover, there was an implication that no capital would be given to the affiliates without the Court imposing a decrement. Jessel M.R. cited the key features of this doctrine in the context of the Flitcrofts Case. The following are the key features: firstly, shares cannot be bought by an organisation itself. Secondly, the reimbursements from the proceeds are the rights of the stakeholders. Thirdly, no monetary aid is to be issued by any organisation for buying its own shares. The legal rules regarding write-offs in the reserves of a company are also charted out by this doctrine. Initially, the doctrine had been established over the Company Act 2006 in England (Arnold 2017). In Australia, monetary aid to free and re-buy shares, problems related to the payments from the proceeds and the reduction in the share values of a company all are taken care of by this Act. Under sections 256A and 256C of corporate law, the Corporations Act 2001 of Australia introduced this Capital Maintenance Doctrine. It intends to safeguard the interests of the beneficiaries and the stakeholders, and makes sure that the negotiations between them are fair and just (Knapp 2013). If the stakeholders agree, the organisations share capital can be decreased, provided it does not bring about a compromise in the organisations ability to give them the funds, as mentioned in Section 256 C (Islam 2015). Section 256 B and 257 A enable an organisation to reduce their share capital and buy its own shares back, respectively. This provides improved security to the beneficiaries. To conclude, the doctrine was unsuccessful in providing legal immunity to the beneficiaries despite the many changes. The theories outlined by the doctrine can, however, be achieved by profitable and compliant methods. The Australian corporate law needs to implement a more efficient system to reconstitute any organisations limitations, thereby warranting an efficient strategy of growth. References Arnold, A.J., 2017. Capital reduction case law decisions and the development of the capital maintenance doctrine in late-nineteenth-century England.Accounting and Business Research,47(2), pp.172-190. Islam, M.S., 2015. The Doctrine of Capital Maintenance and its Statutory Developments: An Analysis.Northern University Journal of Law,4, pp.47-55. Knapp, J., 2013. A Reconsideration of Consolidation Accounting Requirements and Pre?acquisition Dividends.Australian Accounting Review,23(3), pp.190-207. Tomasic, R., 2015. The Rise and Fall of the Capital Maintenance Doctrine in Australian Corporate Law.