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In the United States, an SR-22 (sometimes referred to as a certificate of insurance or a financial responsibility filing) is a vehicle liability insurance document required by most state departments of motor vehicles (DMV) offices for "high-risk" insurance policies.
Certificate of Financial Responsibility. The Certificate of Financial Responsibility (COFR) program was created to ensure that tankers, barges, and other vessels used to transport oil and chemical-based products on U.S. should bear any ensuing cleanup costs from spills or leaks. This is based on the Oil Pollution Act of 1990 and other ...
Filial responsibility laws (filial support laws, filial piety laws) are laws in the United States that impose a duty, usually upon adult children, for the support of their impoverished parents or other relatives. In some cases the duty is extended to other relatives.
An SR-22 is a form filed by your insurance company that states you hold the minimum required amount of car insurance in your state. It is also referred to as...
The relationship between corporate social responsibility and a firm's corporate financial performance is a phenomenon that is being explored in a variety of research studies that are being conducted across the world.
Governance. Environmental, social, and governance ( ESG ), is a set of aspects, including environmental issues, social issues and corporate governance that can be considered in investing. Investing with ESG considerations is sometimes referred to as responsible investing or, in more proactive cases, impact investing.
The Friedman doctrine, also called shareholder theory, is a normative theory of business ethics advanced by economist Milton Friedman which holds that the social responsibility of business is to increase its profits.
Most financial lenders in the United States require the financed vehicle to have collision coverage, and not just liability coverage, in order for the financial institution to cover their losses in case of an accident. Insurance requirements vary between financial institutions and each state.
The Financial Accounting Standards Board (FASB) is a private standard-setting body whose primary purpose is to establish and improve Generally Accepted Accounting Principles (GAAP) within the United States in the public's interest.
Socially responsible investing (SRI) is any investment strategy which seeks to consider financial return alongside ethical, social or environmental goals. The areas of concern recognized by SRI practitioners are often linked to environmental, social and governance (ESG) topics.