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Corporate Governance Identify Essay

… As such, investors are giving an increasing weight to the governance practices of business as their own overall wealth is at risk. Because of this increased influence, more American corporations are providing a more profound emphasis on governance in general to help diminish or abate the effects of the governance rating agencies on their stock price. In regards to McBride, they will be forced to reassess their governance issues in order to better align themselves with competition. From the emails, the CEO has a blatant disregard for governance and its implications on his business. Likewise, he seems to not respect the needs of the shareholders of his business. Investors, as a result will pull funding away from McBride which will ultimately lower the companies stock…. [read more]


Corporate Governance Sustainability Essay

… At the same time, they can determine the effectiveness of them in real time. This helps them to quickly fix all issues and make adjustments that are necessary. Once this occurs, is when everyone is more responsive to the needs of stakeholders. (Corporate Responsibility Report 2011)

The problem is the Compliance department could become too aggressive in their tactics. This will cause various programs to face unnecessary amounts of scrutiny. When this takes place, many individuals will become frustrated by bureaucratic efforts to deal with these challenges. This is the point that the program will be ineffective at addressing the issues. (Corporate Responsibility Report 2011)

Fairness

Fairness is when there is an emphasis on ensuring that all programs are taking a balanced approach when dealing…. [read more]


Corporate Governance Two Different Research Paper

… Hernon & Nitecki note the many challenges of writing about quality because everyone has it defined differently (2001). Quality has encompassed everything from quality collections, organizational quality, continuous quality improvement, and total quality improvement.

Customers that share information about their expectations create a unique opportunity for small businesses to provide unique services to them. Some small businesses measure because the parent institutions, such as universities, corporations, government agencies and school boards, have made commitment to be accountable to customers and compete for loyalty (Thomas & Robson, 2004 ). Service quality provides a way to improve their ability to meeting their mission of serving users regardless of external pressures. Attention to service quality enables an organization to develop a partnership with its customers while gaining a…. [read more]


Corporate Governance of Commonwealth Bank Essay

… The Board of Directors carries the main responsibility of ensuring that the officers and directors in the bank act appropriately and effectively. One of the main ways with which the Board handles issues and challenges that arise when directors are carrying out their duties is through education. Actually, the Board of Directors has established an education program to ensure that the bank's officers are kept up-to-date with the local and international developments in the industry. In addition, the corporate governance procedures in the bank are critically reviewed regularly in order to improve effectiveness. As a result of the regular review of the procedures by the Nominations Committee, the bank handles issues or challenges that may arise in daily operations suitably and effectively.

Impact of Global…. [read more]


Corporate Governance: A Review Essay

… , 2003). Increased need of capital resources to be raised from open markets has also led the importance of corporate governance to increase in recent years. Another aspect of corporate governance culture that has increasingly come to be scrutinized is the value-based governance and bottom line governance. Firms in Europe and specifically in the U.S. market have emphasized that their companies should reengage in value-based corporate governance (Du Plessis, et al., 2010; p. 11)In modern corporations, corporate governance arises through the severance of ownership and management control in the organizations.

Principles of Corporate Governance

Researchers have also identified the essential principles on which the conduct of corporate governance rests. These are:

Discipline

Transparency

Independence

Accountability

Responsibility

Fairness

Social responsibility (Du Plessis, et al., 2010).

Du…. [read more]


Corporate Governance in Harris Scarfe Essay

… Some of the firm's senior management such as the executive chairman and Mr. Daniel Francis McLaughlin were charged with allowing these financial irregularities to be carried out in the company. Even though McLaughlin was a respected and hardworking executive, he failed to provide truthful financial information to the board in his monthly reports. Together with other top executives, he failed to act honestly in exercising his powers and carrying out his duties in a manner that exhibited good faith in the best interests of the firm.

Relationship between the Board and Other Corporate Stakeholders:

Before the collapse of Harris Scarfe, its evident that the relationship between the board and other corporate stakeholders was poor. The board basically provided false information that they received from the…. [read more]


Corporate Sustainability Summary Essay

… 111).

This theory mostly concentrates on the fact that organizations have stakeholders who might not be legitimate. Relationships built on illegitimate terms will not only damage the organization but could be a waste of time for the organization that had been attempting to establish a better relationship with the employees and the rest of the stakeholders. An illegitimate stakeholder can turn from a good to a dangerous stakeholder and not only demeans the efforts of the management but could also pose danger to the organization (Santana, 2012, p.257). Legitimacy is a necessity for the establishment of healthy working and personal relationships.

Legitimacy Theory

The legitimacy theory is one of the most popular theories that is largely cited by organizations for a number of reasons. One…. [read more]


Corporate Social Responsibility in Indian Dissertation

… Therefore, those who are provided with more assets have responsibility of sharing them with the deprived ones in the society. Hence, the owners of the assets are actually trustees in nature who are expected to serve the society, take from their assets as per their needs and use their property to the best interest of society. It is important to note that Gandhi was a supporter of neither capitalism nor socialism. However, communism was an unacceptable theoretical model for him. He believed in giving everyone equal rights of continuing their lives; therefore, use of non-violence and unjustified means was not expectable for him at all.

Due to his compliance to socialism and capitalism, he presented an idea of economy which was capable of using its…. [read more]


Corporate Social Responsibility Literature Review Essay

… According to the authors of Milton (2011), it is more worth for the society to learn and know of the realities that face them rather than simply believe in their impossibilities to solve. For instance, Milton (2011) takes an example that when a citizen takes to the stage and demonstrates what is supposed to be done to curb certain problems, people thus find it easy, and they move forward into putting it in practice. The present society is made up of individual people whose focus is to embrace individualistic social norms whose future trends result in tribal alienations, collapse of military units, and sporting systems in the world.

This is not the tale of a real social corporate social responsibility. The reason behind this notion…. [read more]


Corporate Governance, Term Paper

… INFORMATION SECURITY GOVERNANCE

Information Security Governance comprises, Leadership, company structures, procedures and monitoring systems and technologies that ascertain privacy, reliability and availability of company data.

5.1 Corporate Governance and Information Security Governance

Corporate Governance entails set of laws, regulations, and internal controls that manages and regulates organizations. Information security governance is a division of companies' general corporate governance plan. The information maintained by companies is one of the fundamental assets for the success of the business. The boardroom accounts for the success of the company bears the responsibility of safeguarding classified information. The safety of such information is achievable through efficient management and ascertained by efficient oversight of the board members (Whitman, Michael, Mattord & Herbert, 2012).

Companies view Information security governance as a complex…. [read more]


CSR Corporate Social Responsibility Term Paper

… This framework is illustrated by Figure 1. This framework may be able to provide further insights into the debate surrounding CSR and if it has financial ramifications for CFP. It is reasonable to suspect that it could also provide companies that have an organizational dedication to CSR insights into how to leverage this dedication to create a competitive advantage.

It is reasonable to suspect that CSR will not create a competitive advantage in all industries until consumers place higher value on CSR criteria. However CSR initiatives have proven successful in many individual case studies in which the activities received publicity or were properly marketed. Theoretically a company could have the most remarkable dedication to social responsibility internally but never receive consumer recognition for their efforts.…. [read more]


Corporate Compliance Plan Research Paper

… Corporate Compliance Plan for General

Commercial Construction Company

This work examines the 'Corporate Compliance Plan' and specifically in relation to the General Commercial Construction company engaging in business. Corporate compliance includes adherence to external legal requirements which includes environmental, financial, employee and product safety requirements as well as other health and safety regulations. The United States Sentencing Commission in 1991, adopted Organizational Sentencing Guidelines which affect the effect that these criminal sentencing sanctions would likely have on businesses and corporation and findings show that these guidelines offer very convincing incentives for compliance programs to be put into place and for violations, upon their discovery, to be reported.

ELEMENTS of a SUCCESSFUL COMPLIANCE PROGRAM

The work entitled: "Fighting Global Corruption: Business Risk Management" published by the…. [read more]


Corporate Governance and Social Responsibility the Pyramid Research Paper

… Corporate Governance and Social Responsibility

The pyramid of corporate social responsibility

The three-domain model of corporate social responsibility

Factors determining the importance of corporate governance and corporate social responsibility

Strategic issues with corporate governance and corporate social responsibility..5

The case of Wal-Mart

Importance of corporate social responsibility

Strategic issues

Concluding remarks

The contemporaneous society is changing at a rapid pace and organizations need to change along in order to remain competitive and able to attain their financial goals. Corporate governance and social responsibility represent modern day tools through which economic agents strive to improve their relationship with the stakeholders. In this light of events, a question is being posed relative to the roots of the organizational interest in the tools of corporate governance and social…. [read more]


Corporate Governance as Some Queries Term Paper

… These bodies render the structure for setting-up 'stakeholder council' as stated by Guthrie & Turnbull and Turnbull. Hill & Jones have made on the effort of Jensen & Meckling to identify the inherent as well as the overt contractual associations in an organization to build up 'Stakeholder-Agency Theory'. The interdependence among an organization and its strategic shareholders is identified by the American Law Institute that states: The present corporation by its character makes interdependences with various groups with whom the corporation possess a legal apprehension like employee, suppliers, customers, and the associations of the communities within which the corporation functions.' (Cadbury, 1998)

Shareholder opinion as well as ownership as proposed by Porter and Blair can be offered by're-inventing' the notion of an organization as suggested…. [read more]


Corporate Governance Under Globalization in the U.S Research Proposal

… Corporate Governance Under Globalization in the U.S. And the U.K.

The failure of governments both domestic and international to provide effective oversight of corporate activities over a period of significant economic growth would precipitate a pattern of misappropriation, corruption and willful mismanagement. This would help to produce our current fiscal crisis as a global community and within powerful economies such as the U.S. And the U.K., with a clear need for stronger and more carefully conceived corporate governance emerging from the dust of countless corporate collapses. And though both the United States and the United Kingdom have responded by adopting stricter controls, the distinction in their respective approaches to addressing issues of corruption may well be in their differing definitions of corporate governance. The research…. [read more]


Corporate Governance Term Paper

… In order to compensate for this, the system of claw back was initiated, whereby an executive had to pay back his share of the unprecedented profits. (Monks; Minow, 1995, p.94)

Another method was to expense stock options so that all costs would be more transparent, and the result would be that excesses could be controlled to a large extent, and the pay packages would be adequate. The issue of unauthorized groups or cartels that benefit from corporate control is another one that has to be tackled by corporations. (Williamson, 1979, p.81) These groups are more interested in investing in resources that are controlled, rather than in resources that would benefit others by either creating new wealth, or by making use of resources to make new…. [read more]


Corporate Governance and Environmental Performance Hypothesis

… ¶ … Corporate Governance and Environmental Performance

In corporate governance literature, there is no generally accepted definition of the corporate governance concept. However, companies, organizations, investors and other users define the concept according to their perception. In addition, there exists various definitions of corporate governance, and some of the definitions present corporate governance as a system, which is core to the control and directing of a company. On the other hand, there are definitions that stress the activism of investors, presenting their significance in corporate governance. From such a view, the corporate governance refers to the relationship between the firm and shareholders. In this case, the shareholders advocate for best practices, and include the efforts of the shareholders in achieving the company's goals. Other definitions…. [read more]


Corporate Gov Social Key Motives and Disincentives Case Study

… Corporate Gov Social

Key Motives and Disincentives for Corporate Governance and Social Responsibility

Globalization is the preeminent force defining the economic climate for business leaders, nations and even individuals. The internationalization of the world economy is predicated on the theory of trade liberalization, which predicts that by reducing the barriers to the flow of commerce between nations, it is possible to promote a collective advance of living standards while simultaneously promoting a greater harmony of interests on a global scale. These ambitions, however, have more often than not been countered by negative patterns such as labor abuses in developing nations, exploitation of environment and resources by multinational companies and a general descent into corrupt and unethical practice. This denotes the state of Corporate Social Responsibility…. [read more]


Corporate Governance and Social Responsibility Essay

… Corporate Governance and Social Responsibility

When used in the same sentence the concepts of corporate fiscal responsibility and social responsibility create an oxymoron. The expectations of corporate management, stockholders, and government oversight do not equate to a social moral expectation or consciousness. To suggest that a corporation has a moral obligation to the community, demonstrates a lack of understanding of capitalism and business. Capitalism demands that businesses compete for consumer loyalty, which is the basis of their profit. The very nature of business is to realize profit by marketing goods and services for a cost that is above the cost of production and operation of any given business. America is a consumer society, and much of the rest of the world is quickly following along…. [read more]


Corporate Environmental Responsibility in the 21st Century Thesis

… Corporate Environmental Responsibility in the 21st Century

Presently, the financial world is recoiling from a collapse of the public's faith. The global population has been made intimately aware of the ecological consequences of unrestrained human economic expansion. Corporations play a massive role in the creation of carbon emissions and greenhouse gases. Furthermore, these organizations are morally responsible for the tremendous negative ecological effects that their daily operations have upon both local communities and the global ecosystem (e.g. destruction of rivers, aquifers, oceans etc.) This paper intends elicit an understanding that an urgent and operative synthesis of green accounting methods and scientifically sound sustainability practices are an absolute necessity for the survival of the global economy and our global civilization as a whole. This paper will…. [read more]


Corporate Governance Term Paper

… Time Warner had gotten big slowly, and by trading on things people had known and loved since the beginning of time, news and entertainment.

AOL, on the other hand, had gotten big when those who built Time Warner were dead or dying, and when the upper echelons in management were too old to have had computers when they were in college. Literally, Steve Case was almost that old, but had managed to keep his boyish outlook and adopt the new technology like a Gen Xer. His company was divorced from the necessity of building on past successes; its motto became, by 1996, Get Big Fast.

No one, apparently, mentioned that big is not always better. Executives roamed the halls talking on cell phones at AOL…. [read more]


Corporate Leadership an Analysis of Successful Term Paper

… Corporate Leadership

An Analysis of Successful Leadership in the 21st Century

Because it is so important to the success of a group, an organization, or even a country, effective leadership has been the focus of an increasing amount of attention in recent years. In the past, leadership was believed to be something that was associated with particular qualities of certain individuals. Today, though, it is becoming increasingly apparent that not all successful leaders are not necessarily born that way, but somehow overcome the obstacles and challenges in their lives to assume the mantle of leadership. In a globalized marketplace, it is reasonable to assume that successful corporate leadership requires more than a "seat-of-the-pants" management style, but many successful corporate leaders appear to do just that;…. [read more]


Corporate Social Responsibility Ethics and Morality Term Paper

… Corporate Social Responsibility

ETHICS AND MORALITY

In each society, corporations and companies have to answer to two aspects of operations; the quality of their management, this being in terms of people and processes and the nature of and quantity of their impact on society in the various areas. Corporate Social Responsibility has been defined much more in terms of philanthropic model whereby in the United States, on making profit and fulfilling their duties to pay taxes, a company contribute a certain portion of this profit to charitable causes. The definition of corporate social responsibility according to the World Business Council for Sustainable Development in its publication "Making Good Business Senses" by Lord Holme and Richard Watts, is a business's continuing commitment to its behaving ethically…. [read more]


Corporate Ethics as One Analyst Notes Term Paper

… Corporate Ethics

As one analyst notes, the debacles of Enron, WorldCom, and Arthur Andersen have created significant challenges for management for the foreseeable future (Isaza, 2005). It is clear that business leaders need a stronger ethical orientation and must set the tone for subordinates and for the business world as a whole. One of the unfortunate aspects of the recent scandals, including Enron, Worldcom, and Adelphia, is that the ethical lapses occurred from the top, setting a tone that might cause others in the companies to act similarly and that also brings the business world into disrepute, contributing to a loss of public confidence and so having far-reaching ramifications. A more ethical orientation is good for business, for as a report from Australia notes, "Poor…. [read more]


Corporate Strategy for British Airways Essay

… Another issue for any carrier foreign to the rich U.S. market is that the U.S. government blocks many carriers from routes that they reserve for their own national carriers. There was also the increased cost of integrating electronic methods of ticket taking, maintenance and other functions, but this has been mitigated by the savings the industry receives from increased technology.

The airline industry has been forced, because of external forces such as fewer people flying and increased costs, to find ways to cut costs. One of the methods that has become popular is to partner with others in the industry to give both parties a strategic advantage. British Airways was not a member of a consortium until 2008 when it renewed its partnership with American…. [read more]


Risk Management in Corporate Governance Essay

… One of the major objectives of an effective risk management plan is to lessen the amount of expenses to the lowest possible level while capitalizing the minimizing level of risks simultaneously. The allocation of the resources should be done in consideration of the identified risks as the corporation makes plan if the risks were to occur.

Conclusion:

As corporate governance is an important aspect of the profitability and success of many organizations, risk management has become a critical component of corporate governance. Risk management has become important in today's corporate environment because identification of risk exposure, creation of value to stakeholders, and uncertainties about the future.

References:

Adamson, R. (2011, March 22). Corporate Governance, Risk Management and Corporate Social

Responsibility in Emerging Markets: A Symbiotic…. [read more]


IT Governance Lays Special Emphasis Term Paper

… This is important to ensure that the corporate governance takes into due account all the procedures and all the effective tools to cater those issues. Effective corporate governance enables the managerial expertise to duly handle the managerial activities the employee relationship and the major milestones of the organization. Whereas IT Governance is a discipline of corporate governance that enables the core decision makers and the stakeholders to track the progress of organization and business success by means of IT tools. This objective is attained by adequate maintenance and implementation of an organizational configuration with properly allocated role of information technology governance. IT Governance is scrutinized in relation to how the IT model generates value that goes hands on with the overall corporate governance strategies in…. [read more]


Ethics, Corporate Governance and Company Research Paper

… This law comprises of the main stock exchanges. Securities houses and securities clearing houses and their monitoring and also focuses on generating the regular reports for auditing with State Statistics Bureau. However, any and all acts are forbidden that instigate the trading within the market and also end up exploiting the market (Hwang and Orr, 2007).

The corporate scandals and capital flight cases came forward in the mid of 2001. This could primarily be observed by the situation of the Caijing Magazine which was uncovered with the fraud of RMB745-million in a public listed company named YingGuangXia. It was considered to be the biggest economic scandal in the history of China. It encouraged the representatives of China Securities Regulatory Commission (CSRC) to come forward as…. [read more]


IT Governance R. Peterson Essay

… He explains that most organizations cannot look at just a centralized view or a decentralized view any longer. Most organizations need a combination of both, he calls a federal view. Peterson claims the federal IT governance challenges managers to surrender control of certain business specific IT domains for the well-being of the enterprise as a whole and to develop business to corporate and business to IT partnerships.

Peterson's view coincides with Robinson's article, "The Many Faces of IT Governance: Crafting an IT Governance Architecture" (Robinson, 2007). Robinson claims IT Governance permeates the organization at all levels of management and across all functional boundaries encompassing the decision framework, rights, responsibilities, and accountability to ensure the desired responsibility. Peterson and Robinson, both claim IT is made up…. [read more]


Nhs Corporate Social Responsibility Practice Essay

… The report provides evaluation of the NHS CRS practice to examine the extent NHS has implement Carroll Model.

Evaluation

Burton, Farh, & Hegarty ( 2000) argue that it is not possible for an organization to satisfy all the CRS responsibilities demonstrated by Carroll model. Within an organizational setting, there are issues that occur which makes organization to face challenges in implementing Carroll CSR model. The normative theory reveals what is desirable or undesirable and what is right or wrong. What is morally desirable within an organization may be undesirable in another organizational setting. For example, major objectives of for-profit organizations are to maximize profits. These organizations may demonstrate ethical egoism to maximize profits. However, non-profit organizations exist to provide values for the society. Their main…. [read more]

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