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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: 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 Compliance Plan: Riordan Manufacturing Essay

… These codes, and other examples of corporate self-governance such as internal corporate investigations, are becoming a regular staple among the conditions on which favorable settlements can be based in negotiations with government agencies. Corporate codes of conduct are a product of the pressures created by the current regulatory environment.

The current state of the law deprives society of the benefits that would accrue from widespread state-of-the-art compliance programs. Despite cynicism that is sometimes well grounded, corporate self-regulation provides a valuable check against antisocial behavior. The corporation is in the best position to predict sources of potential misconduct and to develop the most appropriate controls. The controls that the corporation develops are likely to be more efficient than a system imposed by the government. While no…. [read more]


Social Responsibilty Strategy for Community Research Paper

… For outside governments, it should make good connections with the community by producing actions to support or help society for instance giving money into communication methods or refining society in order for people to have a much more comfortable life.

Corporate Compliance Program

Alexandria Hospital plans on developing and then implementing a Corporate Compliance in the near future. These compliance efforts will be designed to enable the detection, prevention, and resolve of instances of conduct that are previously not conforming to state and federal law and federal, state, and private payer healthcare necessities, in addition to the Hospital's business and ethical policies (Rohini & Mahadevappa, 2010). The components of the Alexandria Hospital compliance program will comprise of things such as development of policies, oversight, and…. [read more]


Social Accounting Socio-Economic Essay

… 1995a: 62-3, Monbiot 2001). Business increasingly has seen social accounting as a public relations opportunity in an age where increased emphasis has been placed on business image. As global communication in cyberspace has taken off, social accountings have manifested increasingly on the World Wide Web. From the 1980s onwards, business has reflected the increasing concerns about the ecological environment in their social accounting, displacing other social accounting concerns to some extent (Owen et al. 2005, Gray 1999:9). If environmental accountings have in some cases intermeshed with wider social concerns - a tendency that is marked in some forms of sustainability reporting (Elkington 1998) - such social accounting in practice has continued to be disappointing. Environmental and sustainability accountings may have become increasingly evident in practice…. [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 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 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]


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 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]


International Developments in Corporate Governance Thesis

… International Developments in 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, 2002

The epigraph above is a reflection of the increased amount of attention being directed at corporate governance and the part it plays in promoting international trade and stakeholder confidence. In a day and age characterized by high-profile corporate bailouts in the United States and a shaky global economy, identifying opportunities to improve investor confidence and corporate governance represent timely and valuable enterprises. Today, in Anglo-American contexts, the term "corporate governance" is typically used to describe the means by which a firm's…. [read more]


CSR in Saudi Firms Corporate Literature Review

… Considering that the case study firms are typical examples of Chinese businesses, our conclusion is that CSR engagement is low in all

of China. Zhang (2008)

For cultural and historical reasons, Chinese private businesses have been given low

status in all industrial sectors in China. Socialist China has traditionally been opposed

to Capitalism, which in practice is represented by private business. During the Great

Leap Forward and the Cultural Revolution, all individuals were required to work for the commune and the state: having a small private business was considered as pursuing capitalism, and hence was considered to be anti-socialist. With such a strong political position, many private businessmen were brutally purged, and many of their families suffered as well. So historically, Chinese governmental policies have…. [read more]


Global Corporate Strategy: Continental AG Case Study

… The official website for Continental AG reports that the company has realized sales of over $25.5 billion (Continental Corporation, 2010). The gain in profit in itself, not to mention the fact that the changes worked to bring Continental out of the red in the first place, speak volumes as to what can happen when strategic innovation is nurtured and fostered in a company. When employees realize their potential and the impact it may have on the company, as well as their own livelihood, they are more likely to come up with those new, profitable, ideas.

Using relevant data/information from the literature and company websites, compare and contrast the 'corporate governance' and 'corporate social responsibility' practices of Continental AG (www.conti-online.com/) with those of Goodyear Tyre &…. [read more]


Accounting Standards and IFRS Adoption Multiple Chapters

… There are certain issues that are brought about by having globally accepted standards. Some of these patterns may be applicable to the newly established markets but do not go along with developed and well established markets. These key factors and specifications may influence the accepted patterns and standards and make them difficult to be accepted in the newly formed markets or may in turn lead to varied results which are not required by those who set up the standards. It can still be questioned however whether those who set these standards considered and revised all the issues that may arise in accordance with the newly formed markets and whether all the key points apply to them or not (Ball, 2009).

Lack of Involvement by Developing…. [read more]


Lufthansa Structure and Governance Essay

… "

No commercial banks would lend Lufthansa the money, and only one state-owned bank stepped up, allowing the airline to hobble along for a little bit longer. Because for all of its history to that point Lufthansa had been a state-owned company, observers both inside and out the organization had never truly considered the possibility that it might go under, and as a result serious, systemic problems were allowed to go unchecked. Without the threat of failure posed to private companies, Lufthansa essentially "got soft," and acted as if it need not worry about the political and economic factors influencing its competitors.

However, all was not lost, and the newly elected Weber recognized the severity of the situation. Together with Lufthansa's Executive and Supervisory boards,…. [read more]


Boards of Directors, Corporate Governance and Market Term Paper

… Boards of Directors, Corporate Governance and Market Value of the Firm. Do Shareholder profit from Board Reforms driven by Regulators? Evidence from Switzerland

The concept of firm

The agency problem

Definition of corporate governance

Mechanisms of corporate governance

Literture review - Part II

Board of directors - introduction

Models of boards

One-tier vs. two-tier board model

The case of Switzerland

CEO duality

Outsider directors / board independence

Board size

Board committees

Interlocking directorates

Multiple board appointments

Frequency of board meeting

Board diversity

Regulatory development

The case of Switzerland

Board index

Board impact on firm valuation

Performance measure

Long-term equity return

Current board structure

Potential research problem

Ethical issues of the proposed research

Expected research outcomes

Abstract

The proposed research focuses on a fundamental element of…. [read more]


Shareholder Protection Companies Act 2006 Essay

… Shareholder Protection

Companies Act 2006 and shareholder protection

What constitutes unfair prejudice?

The tests of unfairness

Creditor protection

Ashfords (2010). Guide to Unfair Prejudice Against Shareholders

Minority Shareholder Solutions (2012).Test of Unfairness.

http://www.minorityshareholdersolutions.co.uk/16/test-of-unfairness

The corporate constitution in the UK has seen several changes as a result of the adoption of the Companies Act 2006 (Manfield, 2006).The changes affects all forms of corporate engagements within the UK corporate sector. In this paper, we critically evaluate the changes introduced to the corporate constitution by the Companies Act 2006 with particular reference to the balance between shareholder and creditor protection.

The corporate constitution in the UK has seen several changes as a result of the adoption of the Companies Act 2006 (Manfield, 2006).The changes affects all forms of…. [read more]


Alcan's Continued Revenue Growth Capstone Project

… It is inferred in the case analysis that the level of reporting has continually been late or is not occurring at all as more countries become attuned to the need for sustainability and the impact of industries on their natural environments, Alcan will be forced to be more sensitive to these requirements of doing business. During the timeframe of the case analysis, the company is performing to a level that satisfied the nations they are operating in. In the future this will have to increase in terms of CSR initiatives and effort.

Technical Challenges

There are a myriad of technical challenges that Alcan is dealing with due to their lack of clear and consistent governance in the areas of IT management and governance. Foremost among…. [read more]


Computer Security People, Process Capstone Project

… It also emphasizes that country law should have strict policies for the confidentiality of organizations' data. These principles also include procedures as well as technological requirements to deal with the entities' security needs.

First principle speaks about the security organization and infrastructure. It also defines responsibilities with respect to executive protection, while, the second principle necessitate that the policies and the standards given by management should be developed and executed. The security related controls that are developed in an organization should not be made in isolation rather it should be linked with the ongoing activities of the organization, thus incorporating the risks faced by organization. The third principle continues on with the risk assessment procedures that should be performed across all the stages of application,…. [read more]


Economic Social Ethical and Environmental Sustainability Thesis

… ¶ … Chocolate Value Chain

Analyzing the Chocolate Industry Value Chain

The chocolate industry value chain is one of the most global in scope, encompassing the growing and harvesting of cocoa beans throughout Africa, Asia, South and North America, with processing centers in over 100 different countries of the world (Delfosse, 2009). To the extent that industry's value chain is tightly synchronized across all suppliers and there is a minimum acceptable level of quality, the entire industry can continue growth. It appears from the results this industry has been able to accomplish in terms of growth over the last twenty four months that the industry appears to be recession-resistant (Delfosse, 2009). According to DataMonitor global market research estimates, the global chocolate industry grew at an…. [read more]


Best Buy CO. Inc Case Study

… This has increase the threat of legal complications in case the company fails to meet legal or social expectations. On the contrary, the task environment improvement has made it possible for the firm to use information technology to gain a competitive advantage over its rivals as well as better manage its internal resources.

IV- Internal Environment: Strengths and Weakness

A- Corporate Structure

The corporate structure of Best Buy is hierarchical as well as cross-functional. Having viewed the composition of executive management and board of directors, it becomes evident the company lacks talent that can anticipate the future trends in retail sector, specifically the impact of online retailing upon the traditional bricks and mortar retailing. Most of the members of board of directors have rich experience…. [read more]


Ethics of Headhunting Structure Business Ethics Corporate Term Paper

… Ethics of Headhunting

Structure

Business Ethics

Corporate Social Responsibility

Social responsibility frameworks

Personal recruitment

External recruitment

Executive search

What are the choices facing organizations? What are the consequences?

Inductive and deductive approach

Conduct of research

Pilot test

Findings of the primary research

Further research suggestions

Is Headhunting Ethical? An Evaluation of Ethical Recruitment of Top Executives

Today, executive recruiting is a healthy profession - profit margins are high, the industry is growing, salaries are climbing and the hours aren't too tough (Fitzwilliam, 1998). The phenomenal growth in the executive search service worldwide (Jenn, 1994; Jones, 1995) has generated strong interests regarding the ethical conduct of search consultants (Nash, 1989). On the one hand, Nash (1989) has argued that executive search service may be an unethical…. [read more]


SOX Impact on Financing Term Paper

… This is the longest-term challenge many of the companies working to streamline SOX reporting face today, and is the most difficult as it requires a change in behavior and beliefs of the people working with the systems that provide audit data (Hagerty, 2006).

Section 404: Management Assessment of Internal Controls. This section specifically calls out the need for internal controls over the financial reporting systems of a company, ensuring they are auditable by a third party. Section 404 also defines the requirement of reporting a material event by the corporation and its officers (Sarbanes-Oxley Act, 2002). These two factors of auditabil8ty and definition of material event is far outside the boundaries of process and system definition for many companies (Hagerty, 2006). As a result, it…. [read more]


CSR Companies Talk Essay

… They get caught up in bubbles and crashes, they are risk averse, they invest in companies that are more familiar, and investors also invest on the basis of things besides investment return. For example, there exists ethical mutual funds, and that illustrates that some people do input ethics into their investing decisions. If this is the case, that casts doubt onto Friedman's theory. Or does it? If there are investors who utilize non-economic criteria in their investment decision, then companies may choose to attract those people with ethical policies. The same situation applies to customers. Firms may benefit from attracting customers on the basis of their CSR credibility, if the firm decides that this market is going to be profitable.

Further contributions over the next…. [read more]


Market Analysis of Entercard SWOT

… ¶ … Swot

EnterCard is a finance company operating in Norway, Sweden and Denmark. The core product are credit cards, with consumer loans being offered in Norway, retail instalment payment plans in Sweden, and check the credit in Denmark (EnterCard, 2016). To examine the company, a SWOT analysis will be performed, as well as consideration of the company's corporate citizenship, brand position, and reputation score.

Strengths

Founded in 1999, the company, with its head office in Stockholm, Sweden has been adept at growing quickly. The company is already the largest credit card supply in Norway, with in excess of 800,000 credit card holders, and a total of 1.6 million credit card holders across the entire Nordic market (EnterCard, 2016).

The company is now owned by…. [read more]


Managing All Stakeholders Term Paper

… "The absorption of one company by another," Black's adds, "[with] the former losing its legal identity, and latter retaining its own name and identity and acquiring assets, liabilities, franchises, and powers of former, and absorbed company ceasing to exist as separate business entity" (p. 988).

In other cases, mergers and takeovers have appeared to be the result of opportunists looking for the quick profit; however, the consolidation of the highly complementary assets and resources of both of these giants will create some clear advantages for everyone concerned. Nevertheless, just as bigger may not mean better, merger may not mean advantage. In his chapter, "Technology Strategy: Collaborative Mode, V.K. Narayanan says that from a strategic viewpoint, collaborative mode is undertaken by firms when the economics of…. [read more]


Applied Management and Decision Sciences Thesis

… ¶ … management and decision sciences from various theorists; and, analyzes the evolution of managerial decision making from scientific management to the complicated forecasting models used today. The objectives of the Breadth component were four-fold: (a) to examine the theories of applied management and decision sciences as interpreted by the research of Ducker (1974), Harrison (1975), and others as listed in the reference section; (b) to analyze the historic evolution of decision making from scientific management to modern applications of operations research; (c) to examine the decision making process, with a particular emphasis on the importance of values and management judgment; and (d) to describe, assess, and evaluate various decision evaluation tools including matrix analysis, influence diagrams, payoff matrices, sensitivity analysis, decision tree, probabilistic forecasting,…. [read more]

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