Essays On Corporate Governance

Globalization has had a considerable effect on various aspects of the business sector in India, including psychology, methodology, technology, mindset, and work culture. Consequently, Indian industries are presented with fresh challenges and prospects that can result in both profitability and promise. An essential advantage of India is its vast population that provides an untapped consumer […]

The Public Company Accounting Reform and Investor Protection Act of 2002, also known as SOX or Sarbox, was a federal law enacted on July 30, 2002 in the United States. It was passed as a response to various corporate and accounting scandals, such as those involving Enron, Tyco International, Adelphia, Peregrine Systems, and WorldCom. These […]

What potential hurdles is Vodafone going to face to complete its acquisition of Mannesmann? Vodafone’s bid for Mannesmann could be hindered by a number of parties. First off, corporate governance is arranged differently in Germany from the UK. Mannesmann have a supervisory board which is made up of shareholders (50%) as well as employee representatives […]

Organizations are responsible for all the legal, ethical and social issues that affect each stakeholder within the company. These factors impact the planning process performed at each level of management. When an organization neglects to establish and monitor the plans set forward things can become disorganized and ultimately the organization can lose control of what […]

Introduction Enron was the country’s largest trader and marketer for electric and natural gas energy. Its core business was buying energy at a negotiated price and later, selling the energy when prices increased. As an energy broker, Enron provided a service by allowing producers to negotiate a certain price while Enron took the risk that […]

Corporate Governance Both Ford and GM completely abide by NYSE corporate governance standards, as they are domestic US companies. Ford and GM are required to strictly follow NYSE corporate governance standards. Toyota is permitted to follow certain corporate governance practices complying with Japanese laws and regulations, the NYSE has ruled that Toyota is exempt from […]

Recently, there has been a significant interest in the role of audit committees as an essential component of corporate governance. Many authorities worldwide have highlighted the importance of effective audit committees and require listed companies to establish such a committee (e.g., European Union (EU) 8th Company Law Directive, 2006; Smith Report, 2003; United States (US) […]

Introduction Over the last few decades there have been a number of cases of high profile corporate collapses and fraud scandals. In essence, the unethical behaviour of corporations affects us all, such as shareholders’ lost financial investments, employees who lost their jobs, other companies that provided goods and services to the company, as well as […]

INTRODUCTION “The secret of success is honesty and fair dealing,” Mark Twain, once said. If you can fake these, you’ve got it made. ” Apparently, that strategy worked at Enron. For three years, Enron was named one of the 100 Best Companies to Work for in America. In 2000 Enron received six environmental awards. It […]

The collapse of World affected various parties such as employees, retailers, the government, and bankers. World was a telecommunications company that was founded in 1983 as Long Distance Discount Services (OLDS) and provided long-distance services. The company changed its name to World in 1995 when Bernie Beers became the CEO. Its growth through mergers and […]

Evolution of Corporate Governance in India and Abroad Introduction Corporate governance issues have attracted considerable attention, debate and research world wide in recent decades. Almost invariably, such efforts gain momentum in the wake of some major financial scam or corporate failure, as these tend to highlight the need for tighter surveillance over corporate behavior. Corporate […]

The quality of performance of these firms is of great interest to governments because by them a great amount of the degree of economic development seen in a country is achieved. Governments fund their annual budgets to a great extend by the amount of proceeds that come from internally generated revenues a good part of […]

Hong Kong’s global status as an economic and financial hub can be attributed to its outstanding corporate governance. The binding duties entail the compliance with legal obligations towards the company and shareholders, conducting functions appropriately with respect to business assets, following ethical and best practice standards, and taking ownership of their actions. Alternative Labels Introduction […]

Looking at the performance of the EMAAR in the real estate development, there is no doubt that the company has established its refutation as a very credible and respectable multinational company. However, with its wide range of international clientele, and the success that the company enjoys, there are still issues that are affecting the company. […]

Introduction: The Sarbanes-Oxley Act of 2002 was passed on July 30th, 2002 as a result of several major corporate and accounting scandals. This act is also known as SOX or Sarbox; another name for it is Public Company Accounting Reform and Investor Protection Act of 2002. Corporations such as Enron, Adelphia, WorldCom, Peregrine Systems and […]

William R. Brody was elected to the Board of Directors on the 26th of June 2007. Dr. Brody is the President The Johns Hopkins University, which is world renowned for its research and teaching. Cathleen Black was elected to IBM’s Board of Directors in 1995. She’s the president of Hearst Magazines, a communications company. She […]

Who were the key stakeholders involved in, or affected by, the collapse of Enron? How and to what degree were they hurt or helped by the actions of Enron management? Outline: Key stakeholders involved or affected by the collapse of Enron How were the key stakeholders hurt or helped by the actions of Enron management […]

This is an exploratory paper with the aim of determining the nature and practice of corporate governance in the financial sector in Bangladesh. Corporate Governance Philosophy of a company stems from its belief that the Company’s business strategy, plans and decisions should be consistent with the welfare of all its stakeholders, including Shareholders, viewers etc. […]

Business ethics, which involves the examination of suitable business policies and practices such as corporate governance, discrimination, and bribery (Madsen & Shafritz 1990), is influenced by the law. These ethics serve as a foundation for businesses to gain public approval and aim to establish trust between consumers and various market participants. In order to maintain […]

Strategy, Governance Concepts and Business Terminology: Corporate governance Legal structure Crossholding meeting of shareholders Outstanding share Limited liability companies Long-term financing Supervisory board shareownership Bond and equity market Pension funds Direct and Indirect households Board of directors Management board Inside and Outside directors Strategy, Governance and Business Insights, and Lessons from the Case: The basic […]

1. Review the facts in the case, especially the charges in the complaint, and evaluate the auditors’ compliance with GAAS. Do you think the auditor did all they could to detect the fraud? Evaluate whether auditors exercised due care and the level of professional skepticism to be expected in an audit the size of Parmalat. […]

The paper reviews three important theories in corporate governance, different theories using different terminology, and views corporate governance from different perspective. Some articles are used to support these theories in this paper. From the Cadbury Report in 1992, we can get the information that corporate governance is the system by which companies are directed and […]