In corporate governance , a governance board also known as council of delegates are chosen by the stockholders of a company to promote their interests through the governance of the company and to hire and fire the board of directors .
80-593: A societas Europaea ( Classical Latin : [sɔˈkɪ.ɛtaːs eu̯roːˈpae̯.a] , Ecclesiastical Latin : [soˈtʃi.etas eu̯roˈpe.a] ; "European society" or "company"; plural: societates Europaeae ; abbr. SE ) is a public company registered in accordance with the corporate law of the European Union (EU), introduced in 2004 with the Council Regulation on the Statute for
160-594: A European Company . Such a company may more easily transfer to or merge with companies in other member states . As of April 2018, more than 3,000 registrations had been reported. Several of the Euro Stoxx 50 stock market index of leading eurozone companies have been registered as SE: Airbus , Allianz , BASF , E.ON , Fresenius , LVMH Moët Hennessy Louis Vuitton (and its subsidiary Dior ), SAP , Schneider Electric , TotalEnergies , Unibail-Rodamco-Westfield and Vonovia. National law continues to supplement
240-478: A certain sense, therefore, Latin was studied as a dead language, while it was still a living." Also problematic in Teuffel's scheme is its appropriateness to the concept of classical Latin. Cruttwell addresses the issue by altering the concept of the classical. The "best" Latin is defined as "golden" Latin, the second of the three periods. The other two periods (considered "classical") are left hanging. By assigning
320-433: A detailed analysis of style, whereas Teuffel was more concerned with history. Like Teuffel, Cruttwell encountered issues while attempting to condense the voluminous details of time periods in an effort to capture the meaning of phases found in their various writing styles. Like Teuffel, he has trouble finding a name for the first of the three periods (the current Old Latin phase), calling it "from Livius to Sulla ." He says
400-471: A form of Greek that was considered model. Before then, the term classis , in addition to being a naval fleet, was a social class in one of the diachronic divisions of Roman society in accordance with property ownership under the Roman constitution. The word is a transliteration of Greek κλῆσις (clēsis, or "calling") used to rank army draftees by property from first to fifth class. Classicus refers to those in
480-426: A management board called a Vorstand and a supervisory board called an Aufsichtsrat . The supervisory board oversees and appoints the members of the management board and must approve major business decisions. For German companies with more than 2,000 employees, half of the members of the supervisory board are elected by the employees. When a German company has 500–2,000 employees, the workers select one-third of
560-492: A minimum subscribed capital of €120,000 as per article 4(2) of the directive, subject to the provision that where a member state requires a larger capital for companies exercising certain types of activities, the same requirement will also apply to an SE with its registered office in that member state (article 4(3)). The registered office of the SE designated in the statutes must be the place where it has its central administration, that
640-533: A one-tier or a two-tier board system leads to better corporate governance is ongoing in Germany and many other countries. Another example of a two-tier board system: Mainland China In China's corporation law, it stipulates a limited liability company (有限责任公司) to have: a board of directors (董事会) and a board of supervisors (监事会). Regarding the Chinese requirements of a board of supervisors, under Articles 52 to 57 of
720-407: A phase of styles. The ancient authors themselves first defined style by recognizing different kinds of sermo , or "speech". By valuing Classical Latin as "first class", it was better to write with Latinitas selected by authors who were attuned to literary and upper-class languages of the city as a standardized style. All sermo that differed from it was a different style. Thus, in rhetoric, Cicero
800-418: A separate governance board i.e. council of delegates (all executive delegates and all non executive delegates). The council of delegates representing the governance board is the equivalent of the management board i.e. board of directors of a single-tier board, while the chairman of the management board is reckoned as the company's chief executive officer and managing director . These 03 positions are held by
880-534: A slight alteration in approach, making it clear that his terms applied to Latin and not just to the period. He also changed his dating scheme from AUC to modern BC/AD. Though he introduces das silberne Zeitalter der römischen Literatur , (The Silver Age of Roman Literature) from the death of Augustus to the death of Trajan (14–117 AD), he also mentions parts of a work by Seneca the Elder , a wenig Einfluss der silbernen Latinität (a slight influence of silver Latin). It
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#1732772613471960-729: Is Cruttwell's Augustan Epoch (42 BC – 14 AD). The literary histories list includes all authors from Canonical to the Ciceronian Age—even those whose works are fragmented or missing altogether. With the exception of a few major writers, such as Cicero, Caesar, Virgil and Catullus, ancient accounts of Republican literature praise jurists and orators whose writings, and analyses of various styles of language cannot be verified because there are no surviving records. The reputations of Aquilius Gallus, Quintus Hortensius Hortalus , Lucius Licinius Lucullus , and many others who gained notoriety without readable works, are presumed by their association within
1040-472: Is available only to public limited companies from different member states. Formation of an SE holding company is available to public and private limited companies with their registered offices in different member states or having subsidiaries or branches in member states other than that of their registered office. Formation of a joint subsidiary is available under the same circumstances to any legal entities governed by public or private law. The SE must have
1120-443: Is clear that his mindset had shifted from Golden and Silver Ages to Golden and Silver Latin, also to include Latinitas , which at this point must be interpreted as Classical Latin. He may have been influenced in that regard by one of his sources E. Opitz, who in 1852 had published specimen lexilogiae argenteae latinitatis , which includes Silver Latinity. Though Teuffel's First Period was equivalent to Old Latin and his Second Period
1200-504: Is essentially a representative of the general assembly between general assembly meetings. The control body does not interfere in the day-to-day running of the company, meets less frequently, but is able, depending on the legislation in question, to intervene in the proceedings of the governing body or even dissolve it. German corporation law, the Aktiengesetz , requires all public companies ( Aktiengesellschaften ) to have two boards:
1280-607: Is known as "classical" Latin literature . The term refers to the canonical relevance of literary works written in Latin in the late Roman Republic , and early to middle Roman Empire . "[T]hat is to say, that of belonging to an exclusive group of authors (or works) that were considered to be emblematic of a certain genre." The term classicus (masculine plural classici ) was devised by the Romans to translate Greek ἐγκριθέντες (encrithentes), and "select" which refers to authors who wrote in
1360-473: Is not that of the golden age... Evidently, Teuffel received ideas about golden and silver Latin from an existing tradition and embedded them in a new system, transforming them as he thought best. In Cruttwell's introduction, the Golden Age is dated 80 BC – AD 14 (from Cicero to Ovid ), which corresponds to Teuffel's findings. Of the "Second Period", Cruttwell paraphrases Teuffel by saying it "represents
1440-601: Is that period in which the climax was reached in the perfection of form, and in most respects also in the methodical treatment of the subject-matters. It may be subdivided between the generations, in the first of which (the Ciceronian Age) prose culminated, while poetry was principally developed in the Augustan Age. The Ciceronian Age was dated 671–711 AUC (83–43 BC), ending just after the death of Marcus Tullius Cicero. The Augustan 711–67 AUC (43 BC – 14 AD) ends with
1520-587: Is the first known reference (possibly innovated during this time) to Classical Latin applied by authors, evidenced in the authentic language of their works. Imitating Greek grammarians, Romans such as Quintilian drew up lists termed indices or ordines modeled after the ones created by the Greeks, which were called pinakes . The Greek lists were considered classical, or recepti scriptores ("select writers"). Aulus Gellius includes authors like Plautus , who are considered writers of Old Latin and not strictly in
1600-629: Is to be distinguished by: until 75 BC Old Latin 75 BC – 200 AD Classical Latin 200–700 Late Latin 700–1500 Medieval Latin 1300–1500 Renaissance Latin 1300– present Neo-Latin 1900– present Contemporary Latin Supervisory board In civil service , a supervisory board or regulatory board is often a legislatively independent body with authority over other non-governmental boards (i.e. boards embedded within and run by industry bodies), such as found in some systems of regulated marketing , especially in
1680-474: Is to say its true centre of operations. The SE may transfer its registered office within the European Economic Area without dissolving the company in one member state in order to form a new one in another member state; however, such a transfer is subject to the provisions of 8 which require, inter alia, the drawing up of a transfer proposal, a report justifying the legal and economic aspects of
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#17327726134711760-619: The Antonines ), and the 3rd through 6th centuries. Of the Silver Age proper, Teuffel points out that anything like freedom of speech had vanished with Tiberius : ...the continual apprehension in which men lived caused a restless versatility... Simple or natural composition was considered insipid; the aim of language was to be brilliant... Hence it was dressed up with abundant tinsel of epigrams, rhetorical figures and poetical terms... Mannerism supplanted style, and bombastic pathos took
1840-483: The classici scriptores declined in the medieval period as the best form of the language yielded to medieval Latin , inferior to classical standards. The Renaissance saw a revival in Roman culture, and with it, the return of Classic ("the best") Latin. Thomas Sébillet 's Art Poétique (1548), "les bons et classiques poètes françois", refers to Jean de Meun and Alain Chartier , who the first modern application of
1920-466: The prima classis ("first class"), such as the authors of polished works of Latinitas , or sermo urbanus . It contains nuances of the certified and the authentic, or testis classicus ("reliable witness"). It was under this construct that Marcus Cornelius Fronto (an African - Roman lawyer and language teacher) used scriptores classici ("first-class" or "reliable authors") in the second century AD. Their works were viewed as models of good Latin. This
2000-506: The 3rd century AD into Late Latin . In some later periods, the former was regarded as good or proper Latin; the latter as debased, degenerate, or corrupted. The word Latin is now understood by default to mean "Classical Latin"; for example, modern Latin textbooks almost exclusively teach Classical Latin. Cicero and his contemporaries of the late republic referred to the Latin language, in contrast to other languages such as Greek, as lingua latina or sermo latinus . They distinguished
2080-664: The Classical Latin period formed the model for the language taught and used in later periods across Europe and beyond. While the Latin used in different periods deviated from "Classical" Latin, efforts were periodically made to relearn and reapply the models of the Classical period, for instance by Alcuin during the reign of Charlemagne , and later during the Renaissance , producing the highly classicising form of Latin now known as Neo-Latin . "Good Latin" in philology
2160-669: The Community, or in any other manner no longer complies with requirements of article 7, the member state must take appropriate measures to ensure compliance or take necessary measures to ensure that the SE is liquidated. See also: Europa's collection of press releases, regulations, directives and FAQs on the European Company Statute. Following the withdrawal of the UK from the European Union , any SE registered in
2240-458: The EU-wide system would be palatable to the traditions of their national companies, so that they will not be put at a disadvantage compared to the other member states. The European Company Statute represents a step in this direction, albeit a limited one. While it establishes some common EU rules on the SE, these rules are incomplete, and the holes in the rules are to be filled in using the law of
2320-463: The English translation of A History of Roman Literature gained immediate success. In 1877, Charles Thomas Cruttwell produced a similar work in English. In his preface, Cruttwell notes "Teuffel's admirable history, without which many chapters in the present work could not have attained completeness." He also credits Wagner. Cruttwell adopts the time periods found in Teuffel's work, but he presents
2400-421: The Golden Age. A list of canonical authors of the period whose works survived in whole or in part is shown here: The Golden Age is divided by the assassination of Julius Caesar . In the wars that followed, a generation of Republican literary figures was lost. Cicero and his contemporaries were replaced by a new generation who spent their formative years under the old constructs, and forced to make their mark under
2480-602: The Imperial Period, and is divided into die Zeit der julischen Dynastie ( 14–68); die Zeit der flavischen Dynastie (69–96), and die Zeit des Nerva und Trajan (96–117). Subsequently, Teuffel goes over to a century scheme: 2nd, 3rd, etc., through 6th. His later editions (which came about towards the end of the 19th century) divide the Imperial Age into parts: 1st century (Silver Age), 2nd century (the Hadrian and
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2560-492: The Roman Empire . Once again, Cruttwell evidences some unease with his stock pronouncements: "The Natural History of Pliny shows how much remained to be done in fields of great interest." The idea of Pliny as a model is not consistent with any sort of decline. Moreover, Pliny did his best work under emperors who were as tolerant as Augustus had been. To include some of the best writings of the Silver Age, Cruttwell extended
2640-514: The SE is covered by the provisions laid down in the proposal for a directive on institutions for occupational schemes, presented by the Commission in October 2000, in particular in connection with the possibility of introducing a single pension scheme for all their employees in the European Union. Two approaches have been attempted to solve the problems cited above. One approach is to harmonize
2720-445: The SE is treated the same as any other multinational, i.e., it is subject to the tax regime of the national legislation applicable to the company and its subsidiaries. SEs are subject to taxes and charges in all member states where their administrative centres are situated. Winding-up, liquidation, insolvency, and suspension of payments are in large measure to be governed by national law. When an SE transfers its registered office outside
2800-474: The Second Period in his major work, das goldene Zeitalter der römischen Literatur ( Golden Age of Roman Literature ), dated 671–767 AUC (83 BC – AD 14), according to his own recollection. The timeframe is marked by the dictatorship of Lucius Cornelius Sulla Felix and the death of the emperor Augustus . Wagner's translation of Teuffel's writing is as follows: The golden age of the Roman literature
2880-479: The U.S.) and there are others that have a two-tier board system like Germany and the majority of the European countries. In a one-tier board, all the directors (both executive directors as well as non-executive directors ) form one board, called the board of directors. In a two-tier board there is a separate management board i.e., board of directors (all executive directors and all non-executive directors) and
2960-680: The United Kingdom converted to a United Kingdom Societas and UK Societas replaced SE in its name. UK Societas retain many of the elements from the SE framework but importantly without the ability to transfer their registered office outside of the UK. The regulation is complemented by the Council Directive supplementing the Statute for a European Company with regard to the involvement of employees (informally "Council Directive on Employee Participation"), adopted 8 October 2001. The directive establishes rules on worker involvement in
3040-496: The administrative board may delegate the power of management to one or more of its members. The following operations require the authorization of the supervisory board or the deliberation of the administrative board: The SE must draw up annual accounts comprising the balance sheet, the profit and loss account, and the notes to the accounts, and an annual report giving a fair view of the company's business and of its position; consolidated accounts may also be required. In tax matters,
3120-475: The adoption of the statute for over a decade. States without worker involvement provisions were afraid that the SE might lead to having such provisions being imposed on their companies; and states with those provisions were afraid they might lead to those provisions being circumvented. A compromise, contained in the directive, was worked out as follows: worker involvement provisions in the SE will be decided upon by negotiations between employees and management before
3200-430: The advance would be perceptible by us." In time, some of Cruttwell's ideas become established in Latin philology. While praising the application of rules to classical Latin (most intensely in the Golden Age, he says "In gaining accuracy, however, classical Latin suffered a grievous loss. It became cultivated as distinct from a natural language... Spontaneity, therefore, became impossible and soon invention also ceased... In
3280-423: The agricultural sector. The scope of supervision is to supervise other supervisory bodies. Industry boards are typically oriented toward their own stakeholders, while the second-instance supervision takes a broader view of all stakeholders, including the public interest . Corporate governance varies between countries, especially regarding the board system. There are countries that have a one-tier board system (like
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3360-399: The ancient definition, and some of the very best writing of any period in world history was deemed stilted, degenerate, unnatural language. The Silver Age furnishes the only two extant Latin novels: Apuleius's The Golden Ass and Petronius's Satyricon . Writers of the Silver Age include: Of the additional century granted by Cruttwell to Silver Latin, Teuffel says: "The second century
3440-462: The basic rules in the Regulation on formation and mergers. The European Company Regulation is complemented by an Employee Involvement Directive which manages the rules for participation by employees on the company's board of directors . There is also a statute allowing European Cooperative Societies . The statute provides five ways of forming a European limited company: Formation by merger
3520-402: The common vernacular , however, as Vulgar Latin ( sermo vulgaris and sermo vulgi ), in contrast to the higher register that they called latinitas , sometimes translated as "Latinity". Latinitas was also called sermo familiaris ("speech of the good families"), sermo urbanus ("speech of the city"), and in rare cases sermo nobilis ("noble speech"). Besides the noun Latinitas , it
3600-425: The company law of the member states. This approach has had some successes, but after thirty years only limited progress has been made. It is difficult to harmonize widely different regulatory systems, especially when they reflect different national attitudes to issues such as worker involvement in the management of the company. The other approach is to construct a whole new system of EU company law, that co-exists with
3680-463: The creation of the SE. If agreement cannot be reached, provisions contained in the directive will apply. The directive provides for worker involvement in the SE if a minimum percentage of employees from the entities coming together to form the SE enjoyed worker involvement provisions. The directive permits member states to not implement these default worker involvement provisions in their national law, but then an SE cannot be created in that member state if
3760-474: The death of Augustus. The Ciceronian Age is further divided by the consulship of Cicero in 691 AUC (63 BC) into a first and second half. Authors are assigned to these periods by years of principal achievements. The Golden Age had already made an appearance in German philology, but in a less systematic way. In a translation of Bielfeld's Elements of universal erudition (1770): The Second Age of Latin began about
3840-407: The event of absence through holidays. During such a period the function of the person concerned as a member of the supervisory board shall be suspended. Under the single-tier system, the SE is managed by an administrative board . The member or members of the administrative board have the power to represent the company in dealings with third parties and in legal proceedings. Under the single-tier system
3920-443: The extinction of freedom... Hence arose a declamatory tone, which strove by frigid and almost hysterical exaggeration to make up for the healthy stimulus afforded by daily contact with affairs. The vein of artificial rhetoric, antithesis and epigram... owes its origin to this forced contentment with an uncongenial sphere. With the decay of freedom, taste sank... In Cruttwell's view (which had not been expressed by Teuffel), Silver Latin
4000-422: The fundamental characteristics of a language. The latter provides unity, allowing it to be referred to by a single name. Thus Old Latin, Classical Latin, Vulgar Latin , etc., are not considered different languages, but are all referred to by the term, Latin . This is an ancient practice continued by moderns rather than a philological innovation of recent times. That Latin had case endings is a fundamental feature of
4080-579: The highest excellence in prose and poetry." The Ciceronian Age (known today as the "Republican Period") is dated 80–42 BC, marked by the Battle of Philippi . Cruttwell omits the first half of Teuffel's Ciceronian, and starts the Golden Age at Cicero's consulship in 63 BC—an error perpetuated in Cruttwell's second edition. He likely meant 80 BC, as he includes Varro in Golden Latin. Teuffel's Augustan Age
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#17327726134714160-451: The individual company laws of the member states. Companies would have the choice of operating either under national regulations or under the EU-wide system. However, this approach has been only somewhat more effective than the harmonization approach: while states are not as concerned about having foreign traditions of corporate governance imposed on their companies, which the harmonization approach could well entail; they also wish to ensure that
4240-457: The language "is marked by immaturity of art and language, by a vigorous but ill-disciplined imitation of Greek poetical models, and in prose by a dry sententiousness of style, gradually giving way to a clear and fluent strength..." These abstracts have little meaning to those not well-versed in Latin literature. In fact, Cruttwell admits "The ancients, indeed, saw a difference between Ennius , Pacuvius , and Accius , but it may be questioned whether
4320-511: The language. Whether a given form of speech prefers to use prepositions such as ad , ex , de, for "to", "from" and "of" rather than simple case endings is a matter of style. Latin has a large number of styles. Each and every author has a style, which typically allows his prose or poetry to be identified by experienced Latinists. Problems in comparative literature have risen out of group styles finding similarity by period, in which case one may speak of Old Latin, Silver Latin, Late Latin as styles or
4400-417: The management board have the power to represent the company in dealings with third parties and in legal proceedings. They are appointed and removed by the supervisory board . No person may be a member of both the management board and the supervisory board of the same company at the same time. But the supervisory board may appoint one of its members to exercise the functions of a member of the management board in
4480-477: The management of the SE. EU member states differ in the degree of worker involvement in corporate management. In Germany, most large corporations are required to allow employees to elect a certain percentage of seats on the supervisory board. Other member states have no such requirement, and furthermore in these states such practices are largely unknown and considered a threat to the rights of management. These differing traditions of worker involvement have held back
4560-609: The member state in which the SE is registered. This has been due to the difficulties of agreeing on common European rules on these issues. As of 11 April 2018, 3,015 registrations have been made. In terms of registrations, the Czech Republic is vastly overrepresented, accounting for 79% of all Societates Europaeae as of December 2015. 9 of the 50 constituents of the Euro Stoxx 50 stock market index of leading eurozone companies were Societates Europaeae in 2015. On 8 October 2004, Dutch company MPIT Structured Financial Services
4640-460: The nation in which their corporate seats are located. worker-participation.eu does however maintain a database of current and planned registrations. Examples of companies include: Classical Latin language Classical Latin is the form of Literary Latin recognized as a literary standard by writers of the late Roman Republic and early Roman Empire . It formed parallel to Vulgar Latin around 75 BC out of Old Latin , and developed by
4720-448: The other, would savour of artificial restriction rather than that of a natural classification." The contradiction remains—Terence is, and is not a classical author, depending on the context. Teuffel's definition of the "First Period" of Latin was based on inscriptions, fragments, and the literary works of the earliest known authors. Though he does use the term "Old Roman" at one point, most of these findings remain unnamed. Teuffel presents
4800-562: The period of classical Latin. The classical Romans distinguished Old Latin as prisca Latinitas and not sermo vulgaris . Each author's work in the Roman lists was considered equivalent to one in the Greek. In example, Ennius was the Latin Homer , Aeneid was the equivalent of Iliad , etc. The lists of classical authors were as far as the Roman grammarians went in developing a philology . The topic remained at that point while interest in
4880-410: The period through the death of Marcus Aurelius (180 AD). The philosophic prose of a good emperor was in no way compatible with either Teuffel's view of unnatural language, or Cruttwell's depiction of a decline. Having created these constructs, the two philologists found they could not entirely justify them. Apparently, in the worst implication of their views, there was no such thing as Classical Latin by
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#17327726134714960-583: The philological notion of classical Latin through a typology similar to the Ages of Man , setting out the Golden and Silver Ages of classical Latin. Wilhem Wagner, who published Teuffel's work in German, also produced an English translation which he published in 1873. Teuffel's classification, still in use today (with modifications), groups classical Latin authors into periods defined by political events rather than by style. Teuffel went on to publish other editions, but
5040-419: The place of quiet power. The content of new literary works was continually proscribed by the emperor, who exiled or executed existing authors and played the role of literary man, himself (typically badly). Artists therefore went into a repertory of new and dazzling mannerisms, which Teuffel calls "utter unreality." Cruttwell picks up this theme: The foremost of these [characteristics] is unreality, arising from
5120-438: The provisions in the directive would apply and negotiations between workers and management are unsuccessful. Definition of employee participation: it does not mean participation in day-to-day decisions, which are a matter for the management, but participation in the supervision and strategic development of the company. Employment contracts and pensions are not covered by the directive. With regard to occupational pension schemes,
5200-415: The rules of politus (polished) texts may give the appearance of an artificial language. However, Latinitas was a form of sermo (spoken language), and as such, retains spontaneity. No texts by Classical Latin authors are noted for the type of rigidity evidenced by stylized art, with the exception of repetitious abbreviations and stock phrases found on inscriptions. The standards, authors and manuals from
5280-536: The same individual. In the U.S., within one body, the board of directors, there are people from both inside and outside the company. The board of directors can also easily bring in other members from outside. In Europe, the governing body is overwhelmingly made up of directors of the company or the controlling holding company. The controlling body, by contrast, is usually made up of the largest shareholders , representatives of ordinary employees (often elected by unions ), outside experts or politicians. The control body
5360-414: The state where it has its registered office, in a register designated by the law of that state. The statutes of the SE must provide as governing bodies the annual general meeting of shareholders and either a management board and a supervisory board (two-tier system) or an administrative board (single-tier system). Under the two-tier system the SE is managed by a management board . The member or members of
5440-560: The supervisory board. When it comes to internal elections the chairman of the supervisory board, the Aufsichtsratsvorsitzender , has two votes in case of a draw. The supervisory board, in theory, is intended to provide a monitoring role. However, the appointment of supervisory board members has not been a transparent process and has therefore led to inefficient monitoring and poor corporate governance in some cases (Monks and Minow, 2001). The discussion about whether
5520-437: The term "pre-classical" to Old Latin and implicating it to post-classical (or post-Augustan) and silver Latin, Cruttwell realized that his construct was not accordance with ancient usage and assertions: "[T]he epithet classical is by many restricted to the authors who wrote in it [golden Latin]. It is best, however, not to narrow unnecessarily the sphere of classicity; to exclude Terence on the one hand or Tacitus and Pliny on
5600-421: The time of Caesar [his ages are different from Teuffel's], and ended with Tiberius. This is what is called the Augustan Age, which was perhaps of all others the most brilliant, a period at which it should seem as if the greatest men, and the immortal authors, had met together upon the earth, in order to write the Latin language in its utmost purity and perfection... and of Tacitus, his conceits and sententious style
5680-591: The transfer and the issuing, by the competent authority in the member state in which the SE is registered, of a certificate attesting to the completion of the required acts and formalities. The order of precedence of the laws applicable to the SE is clarified. The registration and completion of the liquidation of an SE must be disclosed for information purposes in the Official Journal of the European Communities. Every SE must be registered in
5760-556: The watchful eye of a new emperor. The demand for great orators had ceased, shifting to an emphasis on poetry. Other than the historian Livy , the most remarkable writers of the period were the poets Virgil , Horace , and Ovid . Although Augustus evidenced some toleration to republican sympathizers, he exiled Ovid, and imperial tolerance ended with the continuance of the Julio-Claudian dynasty . Augustan writers include: In his second volume, Imperial Period , Teuffel initiated
5840-489: The words. According to Merriam Webster's Collegiate Dictionary , the term classical (from classicus) entered modern English in 1599, some 50 years after its re-introduction to the continent. In Governor William Bradford 's Dialogue (1648), he referred to synods of a separatist church as "classical meetings", defined by meetings between "young men" from New England and "ancient men" from Holland and England. In 1715, Laurence Echard 's Classical Geographical Dictionary
5920-442: Was a "rank, weed-grown garden," a "decline." Cruttwell had already decried what he saw as a loss of spontaneity in Golden Latin. Teuffel regarded the Silver Age as a loss of natural language, and therefore of spontaneity, implying that it was last seen in the Golden Age. Instead, Tiberius brought about a "sudden collapse of letters." The idea of a decline had been dominant in English society since Edward Gibbon 's Decline and Fall of
6000-484: Was a happy period for the Roman State, the happiest indeed during the whole Empire... But in the world of letters the lassitude and enervation, which told of Rome's decline, became unmistakeable... its forte is in imitation." Teuffel, however, excepts the jurists; others find other "exceptions", recasting Teuffels's view. Style of language refers to repeatable features of speech that are somewhat less general than
6080-459: Was able to define sublime, intermediate, and low styles within Classical Latin. St. Augustine recommended low style for sermons. Style was to be defined by deviation in speech from a standard. Teuffel termed this standard "Golden Latin". John Edwin Sandys , who was an authority in Latin style for several decades, summarizes the differences between Golden and Silver Latin as follows: Silver Latin
6160-400: Was equal to the Golden Age, his Third Period die römische Kaiserheit encompasses both the Silver Age and the centuries now termed Late Latin , in which the forms seemed to break loose from their foundation and float freely. That is, men of literature were confounded about the meaning of "good Latin." The last iteration of Classical Latin is known as Silver Latin. The Silver Age is the first of
6240-737: Was published. In 1736, Robert Ainsworth 's Thesaurus Linguae Latinae Compendarius turned English words and expressions into "proper and classical Latin." In 1768, David Ruhnken 's Critical History of the Greek Orators recast the molded view of the classical by applying the word "canon" to the pinakes of orators after the Biblical canon , or list of authentic books of the Bible. In doing so, Ruhnken had secular catechism in mind. In 1870, Wilhelm Sigismund Teuffel 's Geschichte der Römischen Literatur ( A History of Roman Literature ) defined
6320-472: Was referred to with the adverb latine ("in (good) Latin", literally "Latinly") or its comparative latinius ("in better Latin", literally "more Latinly"). Latinitas was spoken and written. It was the language taught in schools. Prescriptive rules therefore applied to it, and when special subjects like poetry or rhetoric were taken into consideration, additional rules applied. Since spoken Latinitas has become extinct (in favor of subsequent registers),
6400-467: Was registered as Europe's first SE company. Annual registrations by member state are presented in the following chart: Sectors in which societates with more than five employees have been registered (2014) Registrations of new societates are to be published in the Official Journal of the European Union . There is no official union-wide register of societates , as they are registered in
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