Extracting Profit

Extracting profit explains why Africa, in the first decade and a half of the twenty-first century, has undergone an economic boom. This period of “Africa rising” did not lead to the creation of jobs but has instead fueled the growth of the extraction of natural resources and an increasingly-wealthy African ruling class.

Now in its 21st edition, Salary versus Dividends is essential reading for ALL company owners and directors.

A history of how corporate innovation has shaped society, from ancient Rome to Silicon Valley From legacy manufacturers to emerging tech giants, corporations wield significant power over our lives, our economy, and our politics. Some celebrate them as engines of progress and prosperity. Others argue that they recklessly pursue profit at the expense of us all. In For Profit, law professor William Magnuson reveals that both visions contain an element of truth. The story of the corporation is a human story, about a diverse group of merchants, bankers, and investors that have over time come to shape the landscape of our modern economy. Its central characters include both the brave, powerful, and ingenious and the conniving, fraudulent, and vicious. At times, these characters have been one and the same. Yet as Magnuson shows, while corporations haven’t always behaved admirably, their purpose is a noble one. From their beginnings in the Roman Republic, corporations have been designed to promote the common good. By recapturing this spirit of civic virtue, For Profit argues, corporations can help craft a society in which all of us—not just shareholders—benefit from the profits of enterprise.

How engineers in the mining and oil and gas industries attempt to reconcile competing domains of public accountability. The growing movement toward corporate social responsibility (CSR) urges corporations to promote the well-being of people and the planet rather than the sole pursuit of profit. In Extracting Accountability, Jessica Smith investigates how the public accountability of corporations emerges from the everyday practices of the engineers who work for them. Focusing on engineers who view social responsibility as central to their profession, she finds the corporate context of their work prompts them to attempt to reconcile competing domains of accountability—to formal guidelines, standards, and policies; to professional ideals; to the public; and to themselves. Their efforts are complicated by the distributed agency they experience as corporate actors: they are not always authors of their actions and frequently act through others. Drawing on extensive interviews, archival research, and fieldwork, Smith traces the ways that engineers in the mining and oil and gas industries accounted for their actions to multiple publics—from critics of their industry to their own friends and families. She shows how the social license to operate and an underlying pragmatism lead engineers to ask how resource production can be done responsibly rather than whether it should be done at all. She analyzes the liminality of engineering consultants, who experienced greater professional autonomy but often felt hamstrung when positioned as outsiders. Finally, she explores how critical participation in engineering education can nurture new accountabilities and chart more sustainable resource futures.

Publication date: June 2021 - Plain English guide with dozens of examples and tax planning tips. Now in its 22nd edition, Salary versus Dividends is essential reading for ALL company owners and directors. It tells you everything you need to know about paying yourself the most tax efficient mix of salary and dividends. This year's edition contains full details of the corporation tax increase and the new company tax rules announced in the March 2021 Budget. We explain how these new rules will affect your tax planning. The guide also contains fully updated information on the best alternative profit extraction techniques: Directors loans - how they can be used to defer tax for an extra two years and sometimes to avoid tax altogether. Pension contributions - Why company pension contributions are better than dividends. And why you should consider postponing them. Rental income - Why rent is now better than dividends in many cases. Interest income - How company owners can pay themselves up to £6,000 tax-free. Cars and motoring costs - a Plain English guide to the tax rules. Charity - Who should donate: you or the company? Capital Gains - How to pay 10% tax when you sell or wind up your company; How to pay 0% tax when you sell your company to an employee ownership trust. These alternative techniques will become a lot more attractive when corporation tax increases. There's also information on splitting income with your spouse and children and other tax saving strategies.

Human ecology, the study of the interrelationships between man and his environment, is necessarily in interdisciplinary study. An aim of this series is to demonstrate the importance of appreciating the viewpoints of different disciplines on problems of the human environment when attempting solutions to those problems. It also aims to emphasise the cru

A thoroughly revised and updated edition of the leading textbook on government and business policy, presenting the key principles underlying sound regulatory and antitrust policy. Regulation and antitrust are key elements of government policy. This new edition of the leading textbook on government and business policy explains how the latest theoretical and empirical economic tools can be employed to analyze pressing regulatory and antitrust issues. The book departs from the common emphasis on institutions, focusing instead on the relevant underlying economic issues, using state-of-the-art analysis to assess the appropriate design of regulatory and antitrust policy. Extensive case studies illustrate fundamental principles and provide insight on key issues in regulation and antitrust policy. This fifth edition has been thoroughly revised and updated, reflecting both the latest developments in economic analysis and recent economic events. The text examines regulatory practices through the end of the Obama and beginning of the Trump administrations. New material includes coverage of global competition and the activities of the European Commission; recent mergers, including Comcast-NBC Universal; antitrust in the new economy, including investigations into Microsoft and Google; the financial crisis of 2007–2008 and the Dodd-Frank Act; the FDA approval process; climate change policies; and behavioral economics as a tool for designing regulatory strategies.