Define corporate governance
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Q: What is the role of ethics in good corporate governance?
A: Corporate governance is about promoting corporate fairness, transparency, and accountability. It is…
Q: Corporations on an international scale are increasing in size and power, and in turn the effects of…
A: Corporate governance refers to the set of rules, policies, and practices by which companies are…
Q: A foreign corporation engaged in trade or business within the Philippines. Group of answer choices…
A: A foreign corporation engaged in trade or business within the Philippines is called Resident Foreign…
Q: Give at least one non-bank financial institution in the Philippines and explain the following: A.)…
A: Let us define what is non-bank financial institution is, A non-banking financial institution (NBFI)…
Q: By referring to the code of corporate governance, "Director Duties, Remuneration and Performance"…
A: Boards that prioritize corporate culture, watch for red flags, and set clear expectations will…
Q: The concept of ethics deals with O a. the profitability of a business O b. the wrongful act of…
A: Ethics: Ethics can be explained as a branch of philosophy which involves set of moral principals.…
Q: Diplomacy by Expulsion - in May 1996, the British government on a receiving end on a Diplomatic…
A: Russia had got hit back by Britain for the diplomatic issue from the London embassy for spying and…
Q: The above action by President Cyril Ramaphosa is an example of… a) Market participation. b) Public…
A: The chances of deviation is high when nobody is watching. When there's no watchdog over the…
Q: The Foreign Corrupt Practices Act: a) forbids U.S, companies from offering bribes when engaged in…
A: The Foreign Corrupt Practices Act helps in reducing corruption. It is applicable to the following…
Q: extortion, from what are called “facilitating payments,” and from tipping. *Carry out a rule…
A: A modest bribe paid to obtain or accelerate the execution of regular or essential activity to which…
Q: However, when the extent of the alleged malfeasance was made public. Blatter announced his…
A: Corporate Governance is the system in which Board of Directors is responsible to set certain…
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A: CORPORATE GOVERNANCE: Corporate governance refers to the process, system, and mechanism of…
Q: Please discuss how Congressional enumerated powers relate to implied powers and the necessary and…
A: THE ANSWER IS AS BELOW:
Q: In June 2001, in Oman, the Capital Market Authority issued the Corporate Governance Code, applicable…
A: Fourth option is wrong because it is one of the International code of Corporate Governance to…
Q: 1. Explain (8) basic characteristics of Good Governance.
A: Note: We are authorized to answer only one question at a time. Since it is not mentioned which…
Q: Jack is one of 4 directors of Electric Cars Ltd; the company imports green, environmentally friendly…
A: The directors can be agents, employees, officers, and trustees responsible for controlling,…
Q: Corporate governance involves a set of relationship between a company’s management, its board, its…
A: The corporate governance can be effective that needed institutional, regulatory, and legal framework…
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A: The political-legal surroundings could be a combination of a lot of factors like the present…
Q: The ________ bars unfair treatment against women in employment based on childbirth or related…
A: The Pregnancy Discrimination Act of 1978 prohibits discrimination on the basis of childbirth,…
Q: The lack of success in preventing mergers in Canada prior to 1986 was largely due to the O A.…
A: Mergers can be defined as a corporate strategy in which two firms come together and combine their…
Q: 13 - Which of the following does not have legal personality? a) Society B) Foundation NS)…
A: A legal person is a person or a thing who is usually able to do legal things such as contract, own…
Q: Explain the meaning of the following: Business ethics, corporate social responsibility, ethical…
A: Business ethics is the study of appropriate business policies and practices regarding potentially…
Q: Identify and describe how corporate governance of P&G fosters the making of ethical decisions by a…
A: Actual corporate governance at P&G will make sure that there are guidelines & governing…
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A: The structure by which an organization is governed and operated, as well as the processes by which…
Q: Given the principles noted in the case, how can companies comment on their positive actions to…
A: Marketing Marketing is the action of exchanging goods and services to satisfy the customer and gain…
Q: Choose the correct statement that describes freedom of enterprise: a. An individual establishes…
A: freedom of enterprise describe:
Q: A group of health-conscious Buddhists have bought shares in a company that manufactures alcoholic…
A: The shareholders are the real owners of the company, they get the dividend from the profitsof the…
Q: Corporate governance is balancing the interests of a company's various stakeholders, which include…
A: In general terms, corporate governance is all about the various rules and processes based on which…
Q: When a firm resolves an antitrust issue with a consent decree, it a. pleads guilty in exchange for a…
A: The answer is d. agrees to stop the practices that brought about the law suit, but it does not admit…
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A: The integrity initiative movement is one of the boldest moves by the private sector in the…
Q: Explain the significance of risk management in managing transport assets
A: The identification, analysis, and response to risk elements that are inherent in a business's…
Q: Ahmad seeks help from his friend Feras whenever he wants to take an ethical decision. In Ethical…
A: Ethical decision-making is the process of evaluating and choosing the one option among the various…
Q: Thompson & Zakaria (2004) addressed that 209 out of 257 companies in Malaysia have made some form of…
A: Corporate social responsibility (CSR) refers to practices and policies undertaken by corporations…
Q: a Do the fiftcen-year-olds bear some responsibility? Explain b. Does Steve Jobs, the CEO of Apple?…
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Q: Volkswagen’s two-tier board structure Under German company law, it is mandatory for all public…
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Q: tify the key elements in the codes and the strengths and weaknesses.
A: Corporate governance has been defined as the framework of rules and procedures by which the…
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A: Every organization have to face different types of risks and uncertainties irrespective of its size…
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Define corporate governance with reference to the various international
Codes on governance that have marked the development in governance
over the past years.
2. Distinguish between the stakeholder theory and the agency theory in Corporate Governance.
3. Critically elaborate on the role and the balance of power of the Board of
Directors and the Chairman in a Public Company with reference to two
major international Codes of Corporate Governance of your own choice.
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- Corporations on an international scale are increasing in size and power, and in turn the effects of their operations are becoming more significant. For this reason, the study of corporate governance is gaining importance. Corporate governance can be defined as the set of rules governing the way the directors interact both with each other in the effective management of the company, and with the shareholders in their accounting for their stewardship of the company. Critically discuss key corporate governance issues.Corporate governance is balancing the interests of a company's various stakeholders, which include shareholders, management, consumers, suppliers, financiers, the government, and the general public. what are the three types of corporate governance and explain eachCritically consider any TWO (2) theories of corporate governance which you believe have greatly impacted on the development of corporate governance principles and practice in your country.
- Why does a CISO need to be able to differentiate the drivers of corporate governance and IT governance? Compare and contrast corporate and IT governance from the standpoint of someone trying to explain the difference to IT personnel who may not know the corporate drivers.Corporate governance plays a pivotal role in shaping the direction and performance c organizations. It encompasses the systems and processes by which companies are directed, controlled, and held accountable to their stakeholders. Effective corporate governance involves a balance between the interests of various stakeholders, including shareholders, management, customers, employees, and the broader community. It often includes mechanisms such as a board of directors, ethical guidelines, and transparency in financial reporting. Strong corporate governance not only mitigates risks and ensures compliance with regulations but also fosters investor confidence and long-term sustainability. As businesses face increasing scrutiny and demands for transparency, sound corporate governance practices are integral to maintaining trust and achieving sustainable success. Question: How can companies strike a balance between the interests of different stakeholders in their corporate governance…Which one of the following reflects a rules-based approach to corporate governance?A. Hong Kong Corporate Governance CodeB. OECD Principles of Corporate GovernanceC. UK Corporate Governance CodeD. Sarbanes-Oxley Act
- Situation 2 A company- Company ABC has decided to use an opaque management and holding structure to run its risky business of operating chemical production plants. The employees of the Company ABC are unaware of the true identity of the shareholders and board members of the Company ABC. These employees are also under tremendous pressure to perform and in the recent pandemic were forced to attend office mandatorily so that ethanol which is used in the manufacture of hand sanitisers is continuously produced. Unfortunately, a few days ago there was a major accident in one of the plants of Company ABC which was operating at more than full capacity due to instructions from the board of Company ABC. This was followed a few days later by an outbreak of Covid-19 in one of the manufacturing plants. Question 4: Discuss the management style and holding structure of Company ABC from a corporate governance perspective. Identify the improvements which could be made and how the Company ABC would…Corporate governance involves a set of relationship between a company's management, it's board it's shareholders and other stakeholders. Corporate gorvenance also provides the structure through which objectives of the company are set, and the means of attaining objectives and monitoring performance are determined (OECD 2004) using any of the defunct bank as a case , justifies how this definition is in line or deviates from good corporate gorvenance as exhibited by the leadership of the bank.Clear Field Cheese Company Case Andy Reisinger, CIO, and Sandy Knight, CSCO, of the Clearfield Cheese Company in central Pennsylvania had just returned from a meeting with Tom Powers, who was the CEO of the company. Andy and Sandy were both feeling the pressure of the competitive problems that Tom had presented in their weekly senior staff meeting. It was clear that Clearfield Cheese Company faced challenging market conditions. Background Clearfield Cheese Company was established in 1931 by two brothers, Ted and Terry Edwards, in Clearfield, which is located in an agricultural area in central Pennsylvania. At the time, the U.S. economy was in the throes of a severe economic depression. The local dairy farmers were experiencing financial duress because they could not sell their milk at a price which would cover their costs. Part of the problem was transporting the milk to Pittsburgh and other larger cities at a landed cost that was competitive with farmers in Ohio. The Edwards brothers…
- How might the ‘independence’ non-executive directors be defined and explain their roles and functions in the framework and structure of good corporate governance in public listed companies.Describe the difference if any, in approach of the Companies Act 2017 from CompaniesOrdinance 1984 towards directors' duties in Companies and legally analyse how beneficial thisnew approach is for the companies in Pakistan?What are the corporate governance codes of Jamaica? Identify the key elements in the codes and the strengths and weaknesses.