Forex Trading, a difference it makes.

DISPOSAL OF SHARES IN SUBSIDIARY

There are consolidated issue when dispose shares in subsidiary.

• the resultant relationship between the investor and the investee
• the parent ceases to hold any shares in the investee
• remain parent but minority interest increases
• investee becomes associate
• investee become simple investment
• less monitoring and involvement
• goodwill on consolidation, amortised or not?
• may writen off against reserves or
• amortized through pnl or
• carried in the books as non-depreciable assets- to be eliminated when corresponding shares are disposed of
• determination of gain or loss on disposal of the shares in the investee
• difference between proceeds received(or receivables)  -  carrying value of the assets.
• for consolidated purposes: - proceeds are offset with the proportionate net assets of the subsidiary at the date of disposal.
• the net net impact on the disposal of shares in investor's books is that, the gain on disposal in Board/Company level is higher that Group Level. This is due to proceeds -  net assets on the disposal date and not based on date of acquiring

* resultant = occuring  or produced as a result 

CHARISMATIC LEADERSHIP

Max Weber define charisma as "gift", as a certain quality of an individual personality. One of the characteristics is they have a vision, willing to take personal risk to achieve that vision, sensitive to follower needs and exhibit behaviour that are out of ordinary.

Charismatic leader are likely to be :

• extravert's
• self-confident
• achievement oriented

The issue to discuss, are charismatic leader born or made?

Few research found that charisma attitude are inherited and laid in their blood vessels. However, some research have concluded that these character are build in exchange to surroundings and changing environments.