Business 2000 AD style - what sort of company?

Article Abstract:

The Cadbury report describes a corporate administrative system designed exclusively for companies following a financial model. This type of corporation is defined as an independent profit-generating unit that can be purchased and sold at any time by its owners in whole or in part. For these companies, a share is described as an asset that is traded based on basic company profits and that allows holders to gain dividends. The limiting focus of Cadbury on financially defined companies ignores other modelsthat in fact may be more suitable for some businesses. One of these is the traditional model. This framework defines a company as a group of people where moneyed individuals consign their powers to those with the qualification to manage, such that professionals perform the management tasks and report on their performance to the owners. Another emerging model is the community model comprised of people who grouped themselves based on products or premises.

Models, Corporations

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New company opens 1st April

Article Abstract:

Telford College of Edinburgh, Scotland became independent when it was incorporated on Apr 1, 1993. Telford will continue to market its training courses to 19 European countries and will maintain joint projects with64 international institutions. Already, it has an annual turnover of 15 pounds sterling while its subsidiary company has a turnover increase of 15% from 1992 figures. Although its main provider will remain to be the Scottish Office, Telford will be commercially driven. As such, future funding will depend on thenumber of recruited students and the passing rate, putting the college in competition with other learning institutes. Management of Telford College aims to address the specific needs of the industrial sector of Scotland during its 52-week yearly operations by offering vocational courses. Training services offered to six different companies are profiled.

Colleges and universities, Universities and colleges, Schools, College administration, Edinburgh, Scotland

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Isle of Wight sets up contracting company

Article Abstract:

The direct services organization (DSO) of the Isle of Wight, UK, county council has been privatised and launched as Island Group 90 Ltd. Island Group 90 undertakes building, civil engineering, grounds maintenance, catering and vehicle and plant repair work and will generate an annual turnover of millions of pounds sterling. Shares in the new private limited company will be released for purchase by management and workers over a four year period from 1992. The county council's existing majority stake in the DSO will ultimately be reduced to a minority financial holding.

United Kingdom, Planning, Services, Privatization, Privatization (Business), County councils, Island Group 90 Ltd.

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