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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 Research Proposal

… Corporate Governance

Much has been made of the debate between stewardship theory and agency theory as it relates to corporate government. Many say that agency-style theory is necessary because it's the only true thing that keeps corporations in check in terms of ethics and compliance with the law. However, the opposite side of the argument is that governmental at all agencies both over-regulate businesses in general and they over-react to corporate scandals and thus end up over-correcting with legislation that goes farther that it needs to or should. As with most things, the correct answer is surely in the middle as the proper rules of the game that no one should be strayed from and which also dictates how violators will be punished. However, the…. [read more]


Corporate Governance Has Attracted Attention Research Paper

… Some of these are;

1. Corporate Fraud

This type of conflict of interest occurs when a give corporation deceives someone or the general public in order to gain some kind of advantage to which it is never entitled. This affects the internal and external stakeholders but affect the external ones mostly.

2. Health Care Fraud

This type of fraud takes place when people or corporations steal money or/and services which is never availed to the people who need it.

3. Billing for services that are never rendered

4. Kickbacks

Discussion of whether Dr. DoRight has fulfilled his ethical duty by effectively reporting the illegal procedures.

There are several basic ethical concepts within the healthcare system that are specially designed to make the saving of life…. [read more]


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: 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 on Organizational Performance Essay

… However, we have to note that, best practices of management of the organization will not fully reflect the performance of an organization. One has to understand that human have different strengths and are creators with different mindsets (Adams, Almeida & Ferreira, 2005).

"Best practice" on customers

Customers are consumers of products created in corporations. Their importance is crucial to the performance of the organization. For the Airline Company, the need of customers to travel has led to the growth of the flight companies. Consumers' rights have continually influenced performance of the organization. Consumers have different taste and preferences, which have made organizations, develop strategies to meet the ever-growing demand. These changes in customer preferences have increased competition in almost every field. Therefore, any organization that…. [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]


Corporate Governance in Etisalat UAE Term Paper

… Corp Gov UAE

Corporate Governance at Etisalat and the UAE at Large

Corporate Governance in the UAE: An Overview

Corporate governance as it is understood and practiced in the United Arab Emirates is still very much under development, however is largely in keeping with established guidelines and principles as observed in the Western world (ADCCG, 2012; Hawkamah, 2012). The emphasis is on the practical nature of corporate governance, situation governance plans and issues as a part of the corporate infrastructure and thus the means by which value is created for shareholders and other stakeholders (Hawkamah, 2012). Abu Dhabi, long the economic and political hub of the UAE, also plays a prominent role in the determination of proper corporate governance guidelines and overview, and is a…. [read more]


Corporate Governance in Australia Term Paper

… Corporate Governance in Australia

Australia Corporate Responsibility and Corporate Governance

The proper governance of companies will become as crucial to the world economy as the proper governing of countries... strong corporate governance produces good social progress. The two go together." James Wolfensohn, President of the World Bank (qtd in Detomasi, 2002)

Economic prosperity is a product of a strong collaboration between the investors and the government. Both local and foreign investors need an assurance of their security and protection of interests from the government. A call for a responsible corporate governance in return yields a rewarding economic stability that eventually contributes to the country's progress.

Corporate governance and responsibility of a particular country are measured up by international investors in order to protect their interests,…. [read more]


Governance and Ethics Corporate Research Paper

… This is due to the "war for talent" that exists in today's job market ("The value of," 2011)

The last recommendation for Dr. DoRight would be to implement a reporting mechanism to have employees pass along tips that report people that are doing their jobs wrong or illegally. People should be able to do this anonymously so as to protect themselves from being labeled or ridiculed. That being said, it should be urged that it not be used for inconsequential matters that have no bearing on patient health.

Conclusion

Dr. DoRight is in a sensitive situation. He came across a very severe problem and initiated a course of action to correct it. However, due to either corporate bureaucracy and/or people dragging their feet for whatever…. [read more]


Ethics, Corporate Governance and Company Research Paper

… • Composition of the board: If there is a full-time chairman, 50% of the directors must be nonexecutives and 50% must be executives (Rajagopalan and Zhang, 2008).

• Constitution of audit committee: The committee must contain three independent directors and a chairman with a sound financial background. A finance director and an internal audit head are to be special invitees, and a minimum of three meetings are to be convened. The committee is responsible for review of financial performance on a half-yearly/annual basis, appointment / removal/remuneration of auditors, and review of internal control systems and their adequacy (Rajagopalan and Zhang, 2008).

• Board procedures: At least four meetings are to be held each year. A director cannot be a member of more than 10 committees,…. [read more]


Corporate Governance, a Concept Term Paper

… This cooperation is important in creating jobs, wealth, financial stability as well as sustainability (OECD 21).

The fifth basic principle of corporate governance is related to the need of disclosure as well as transparency within organizational ranks. This is important in ensuring that there is a timely as well as accurate disclosure on all matters that relates to the corporation such as performance, finances, ownership as well as the governance of the corporation (OECD 22).

The goals and basic requirements of Sarbanes-Oxley (SOXI?

According to Coates (97), the main goal of SOX is to improve the level of audit quality while reducing fraud incidences on the basis of cost-effectiveness. The SOX requires that there is high quality and minimal fraud within the Public Company Accounting…. [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 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 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 Governance and Accountability Essay

… Corporate Finance

Corporate Governance and Accountability

As with almost every culture, the Vietnamese have experienced some of the less wanted effects of economic liberalization: dishonesty, a proliferation of dangerous products dumped on an innocent public, an increase in the amount of swindlers and scam-merchants, local and imported, malicious degradation of the natural and constructed atmosphere, and so on. Being a Socialist state, many are motivated to accomplish that the behavior of greedy, avaricious, disgraceful people is to be anticipated in a market economy. Several think this to be the essential price paid for financial development. Many rival the worst forms of commercial conduct; as if doing so were a precondition for achievement (Longstaff, 1995).

Two matters that have come to light lately in the country…. [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 Governance Shareholder Wealth Maximization Approach Research Paper

… Corporate Governance

Shareholder Wealth Maximization approach and Stakeholder Capitalism are both models applied to maximize the wealth of shareholders. Managing the wealth of shareholders is the prime goal of management within the American business world while stakeholder capitalism is common across European and Japanese markets. The SWM approach argues that the stock market is universally efficient such that the management's performance is reflected from the rapid movement of stock prices. The SCM approach is not founded on the presumption that the equity markets carry out their duties efficiently. In this model, the efficiency of the stock market does not matter. This is because the financial goals of a firm are not entirely share-focused as other stakeholders (Tricker, 2012) control them.

This article offers all the…. [read more]


Corporate Governance at Citic Pacific Essay

… There is also obviously a lack of proper control and oversight in Citic Pacific's current corporate governance procedures. The transactions that led to the high degree of foreign exchange exposure and the eventual two-billion-dollar loss were not even properly authorized, according to the company's statements, meaning that not only did the company use shareholder money in a reckless way, but it was not even an intentional risk decided on by the pertinent powers. The fact that investors were not told immediately of this development only exacerbated the situation.

Essentially, the problems in this case and in Citic Pacific's corporate governance boil down to two problems, regardless of the state-owned status of the company: first, there is a lack of adequate controls in the company that…. [read more]


Corporate Governance and Social Responsibility Adoption Case Study

… Corporate Governance and Social Responsibility

Adoption of Corporate Governance Principles

Evaluations & Recommendations

Adoption of Corporate Social Responsibility Initiatives

In the United States, corporate governance legislation was initiated mainly directed at listed enterprises requiring executives to confirm financial statements as accurate and requiring increased oversight of boards and auditors. Private unlisted enterprise though, remains free from such regulatory control and protection.

Adoption of Corporate Governance Principles

Evaluations & Recommendations

I would recommend the following Corporate Governance principles; gleaned from the Sarbanes-Oxley Act (2002), OECD (2004), Combined Code (2003) and the Australian Securities Exchange (2007).

Corporate Governance and Managerial Compensation

Being a mining company in today's economic climate, a major responsibility as far as corporate governance goes is for the board of directors is to determine…. [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 and Ethical Responsibility Research Paper

… Corporate Governance and Ethical Responsibility

Whether someone has followed required procedure matters, but being ethical (above and beyond the requirements) is often considered to be far more significant (Fagothey, 2000). In the case of Dr. DoRight, whether he followed proper procedure is not the issue. The case information clearly states that he was told about the patient deaths, and that he told his higher-ups of the issue. The higher-ups then said they would investigate and would let Dr. DoRight know the outcome. Whether they actually investigated - and whether they did it properly - remains to be seen, but after two years there was no resolution of the issue and no actual results of the investigation that could be provided to Dr. DoRight. In the…. [read more]


Irish Corporate Governance Irish Development Essay

… While this publication is not about NGOs directly either, it is still instructive about ties what for-profit corporations are doing to what socially responsible businesses are trying to accomplish because, "Ethical leaders speak to us about our identity, what we are and what we can become, how we live and how we could live better."

According to the Institute, there are ten character points that apply to every good governance organization, including effective NGOs. These points include making sure that the sense of direction comes from the top down (individual managers and the governing board) and that when these efforts are institutionalized they operate daily and across the layers of authority. Openness, honesty, integrity and allowing for dissent and discussion are particularly important. It is…. [read more]


Corporate Governance in Russia Accountability Term Paper

… There is a hope that Russian companies will finally 'turn the page on their past corporate supremacy abuses' and the need for external capital will 'open critical opportunities for the development of corporate governance.'

The first legislative attempt to give enterprises more autonomy was embodied in the 1988 Law on State Enterprises. By 1990 several statutes had been passed, both on the Soviet Union and on the Russian Federation levels, which recognized private organizations of different types, however they 'were superficial and provided little if any guidance on organizational structure, fiduciary duty or shareholders' rights'.

The statute on joint stock companies confirmed by Council of Ministers of RSFSR (Decree 601) adopted in 1990 contained some improvements, such as 'guidelines on the rights and duties of…. [read more]


Corporate Governance and Ethical Responsibility Essay

… DoRight should have taken measures to oversee that the illegal practices and negligence on the part of the medical practitioners did not continue.

Utilitarianism Principle and its Application to the Ethical Dilemma of Dr. Do Right

Utilitarianism is constituted on the power to anticipate the outcomes of an action. Ridley A., 1998.

To a Utilitarian the option that bears the greatest welfare to the most people is the ethically correct choice. The benefit emanating from this theory is that a proponent can evaluate similar solutions predicated and use that which, in his/her evaluation, yields the most benefits to the most people.

Utilitarianism is based on rationality and logic to arrive at a solution that yields most benefits to the most people Ridley A., 1998.

In…. [read more]


Corporate Governance and Ethical Responsibility Research Paper

… Corporate Governance and Ethical Responsibility

Professionals constantly face ethical dilemmas in their day-to-day undertakings. This text highlights a scenario in which a newly hired President of a hospital, Dr. DoRight, faces a significant ethical dilemma. In so doing, the text more specifically determines the various stakeholders Dr. DoRight might find himself dealing with at the facility and the duty of royalty owed to each stakeholder. Amongst other things, the text also analyzes Dr. DoRight's actions in a bid to determine whether he has fulfilled his ethical duty. Further, both the deontology and utilitarianism principles are applied to the ethical dilemma the doctor faces in this particular scenario.

Discussion

'Stakeholder' as a term does not have an assigned definition. This means that various definitions of the…. [read more]


Ford Motor Company Business Research Paper

… The investors of the sector would like to ensure that their long-term economic interests are served through investment in the sector. Therefore a requirement for the appropriate corporate governance is increased. The business should develop a plan to increase investor confidence through establishing a sustainable growth strategy. Following key principles are identified and explained in detail to address issues of corporate governance.

Ethical business Approach:

The organizational business area should be in line with the ethical business practices including the culture, society, and organization's perusal for its goals. Ford Motor Company requires highlighting the importance of value for the society, its organizational culture, and markets in which the business operates. The business should develop and work towards ethical business objectives. The possible goals for the…. [read more]


Forms of Industrial Finance and Corporate Governance Strengths and Drawbacks Term Paper

… ¶ … Industrial Finance and Corporate Governance: strengths and drawbacks

Forms of Industrial Finance and Corporate Governance

When discussing the subject of industrial finance and corporate governance, one must focus the discussion around the core of the subject, which is related to the protection of shareholders and creditors by the legal system. Each country's financial system follows a different approach to the subject, approach that has its advantages and its disadvantages. Corporate governance, in general, has become more and more important, becoming an actual part of a company's management process. The importance of this matter is conferred by the fact that, if used in a suitable manner, corporate governance is able to solve problems regarding the financial, legal, and administrative systems (Sapovadia, 2003).

There are…. [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]


Improving Corporate Governance in Small- to Medium-Sized Research Proposal

… ¶ … Improving Corporate Governance in Small- to Medium-Sized Enterprises

When some people hear the term, "corporate governance," they likely associate it with major publicly traded domestic corporations and multinationals. The need for good corporate governance, though, also applies to companies of all types and sizes, including small- to medium-sized enterprises (SMEs) as well. For example, O'Sullivan reports that, "Corporate governance is concerned with the institutions that influence how business corporations allocate resources and returns. Specifically, a system of corporate governance shapes who makes investment decisions in corporations, what types of investments they make, and how returns from investments are distributed" (2001, p. 1). With respect to how it is practiced in individual corporations, corporate governance "is normally directed toward the internal workings of the…. [read more]

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