Corporate Governance Scoring In the past few years, the company has done well in corporate governance scoring. Data and statistics can support this claim. For instance, we recorded 97%, 98%, and 99% in 2019, 2020, and 2021 respectively. The score is important as it helps us as the management to...
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Abstract Corporate social performance (CSP) is an industry-dependent concept reflecting a company’s commitment to using its resources to promote ethical practices and achieve social goals. Sustainable business strategies and corporate social responsibility (CSR) initiatives can improve consumer loyalty and stakeholder satisfaction by protecting employee rights and supporting local communities, philanthropic...
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Introduction In the contemporary world, businesses are more than ever involved in the problems affecting communities. Social aspects and environmental outcomes have become particularly important for numerous organizations. As a result, companies do not only strive to gain a competitive advantage and generate profit but also implement responsible and accountable...
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Introduction A company’s remuneration policy for the executives is of crucial importance, as it seeks to find a balance between providing incentives for the personnel and controlling its expenses. According to ASX Corporate Governance Council (2019), a remuneration policy needs to “attract, retain and motivate high-quality senior executives and to...
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Introduction The corporate governance structures differ around the world, but not too much. There are only some details, like the primacy or scope of responsibility and power concentrated in the hands of managers, as well as ways of interacting with the legislation of different countries. For example, in the United...
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Today, many enterprises, organizations, scientists, practitioners, and curious people are interested in corporate social responsibility issues. Social responsibility is a broad concept that covers such problems as ecology, social justice, and equality. Organizations are required to show responsibility in three areas: finance, the impact of their activities on society and...
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Introduction Corporate Governance (CG) is an important aspect that characterizes not only the company’s governance mechanisms but also the relationship between management and stakeholders. In the modern world, most imaginings cannot be limited solely to internal financial goals; they also have a social responsibility to a wide range of stakeholders....
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Introduction Maintaining control over the key processes within a company while also ensuring that its shares remain valuable and that the company’s profit margins continue to grow has become an increasingly complicated task due to the increase in the range of factors to which organizations have been exposed in the...
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The international joint venture (IJV) remains a popular means of voluntary cooperation between organizations of different locations, sizes, and sectors in satisfying strategic purpose and managing complexity in business settings. IJVs are formed from two businesses combined to meet the shared business objectives. McDonald’s Golden Arches Restaurant Limited (McDonald’s) is...
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Corporate governance is a critical process aimed at supporting the business functions of a corporation. The most significant debate “about business management centers on whether a firm should focus on the goals of its shareholders or stakeholders” (Ross, Westerfield, & Jaffe, 2013, p. 28). A shareholder is a person who...
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Introduction On the one hand, fairness in executive compensation is a simple issue, as it boils down to elementary ethical principles. On the other hand, it isn’t straightforward and consists of several aspects. One of the main problems related to executive compensation ambiguity is the “agency problem,” when the CEO...
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Introduction Corporate governance refers to a set of policies, laws, customs and processes which dictates the manner in which a corporation is managed. It also involves the relationship between the various stakeholders that work together towards attainment of the organization goals. The main stakeholders are the board of directors, management...
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Introduction Corporate governance is the process of directing and controlling the corporation activities with an aim of ensuring efficient growth and development. The governance process, therefore, integrates the organizational processes, customs and policies and ensures proper coordination within them. Transparency on the other hand is a process of bringing openness...
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Introduction Corporation is a form of business organization that is chartered by a state and given legal rights as an entity separate from its owners (Edelman 532) This form of business entity is characterized by the limited liability of its owners and the issuance of shares of easily transferable stock....
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Executive summary The takeover of the German engineering and telecommunications multinational, Mannesmann AG, by the British-based Vodafone Air-touch Plc in 2000 was a grievous shock in Germany’s corporate culture. This was the first time in Germany’s corporate history to have a successful hostile foreign takeover bid made in the open...
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The world of business is an environment where no friendly relations can be observed. It is a world of competition and the constant struggle for domination over the market. This struggle involves the development of companies, their product lines, and organizational structures; launching new products and trends to the market...
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The issue of impacts of merger and acquisition, in the context of cost and benefits of cross border takeover, is an organization is found to be in a state of the financial crisis with other aspects in a comparatively better shape it would be a logical conclusion for the acquiring...
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Introduction Scandals that have arose in the US business circles leading to the collapse of companies like Enron have proved how non-adherence to corporate governance can cause harm and at the same time raised eyebrows over the independence of the auditors to perform their duties. Corporate governance will ensure proper...
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Introduction Corporate responsibility always goes with the practice of corporate governance. The practice of the latter is a representation of the former. Corporate governance normally serves as the core basis in the achievement of a “stable and productive business environment” (Economic Perspective, 2006 p2). Knowing what corporate governance and responsibility...
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Conclusion of Article Karen Jimenez’s success in Wichita was a classic case of being at the right place at the right time. A confluence of factors contributed to her successful experiment in Lubbock and a number of these factors were not present in Lubbock and this resulted in her lack...
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Corporate governance is an aggregate of processes, norms, canons, policies, guidelines, laws, and institutions directing the method by which a corporation is regulated, managed, or controlled. Corporate governance also includes the relationships among several stakeholders and the ends for which the corporation is affected. It is a subject with many...
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For any investor to gain any trust in a company there calls the need of an assurance that the company top be invested in is been run or will be run in a way that should not only be seen to be honest and diligently, but it should operate as...
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Introduction In the present economic crisis scenario, institutional investors across the globe have become increasing active and have been seen in taking active participation in various aspects of corporate governance. For instance, Legal & General and Aviva who have a stake of 5 percent and 1 percent respectively in Barkley’s...
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Budgeting Purpose for budgets A business budget is a key asset that makes it possible for business goals to be attained. There are many goals that any established business plans to achieve when a business budget is created and executed. The main purposes for the creation of a budget in...
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Introduction Several factors determine the level of effectiveness within an organization. The nature of leadership within an organization represents an important aspect that is given priority in the process of analyzing organization performances. Strategic leadership has got a great influence on the overall effectiveness of any organization. This is because...
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Introduction Corporate governance is identified as a set of rules, laws, and regulations that are interwoven with the common law and help govern a company’s day-to-day business practices (Mitchell 13). Typically, corporate governance revolves around several parameters, which include the relationships between different stakeholders and shareholders, the community, the government,...
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Introduction Corporate governance stands for a system of internal laws, rules, and practices, which are used to control and govern the decisions made by the company’s employees and managers in the scope of day-to-day activity. Various forms of corporate governance existed long before the appearance of the definition and various...
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Introduction In the wake of recent scandals associated with large and influential corporations on both sides of the globe, the issue of corporate governance is becoming more and more prevalent. Full transparency and disclosure of financial operations are necessary for the long-term survivability of large companies, as these practices prevent...
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Introduction Modern-day business environments are incredibly challenging both in the physical and intellectual manner. Companies engaged in the process of fierce completion need to be able to adapt to a plethora of outside factors very quickly in order to maintain their competitive edge and remain ahead of the others (Tricker,...
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Rather than profit-making, the general performance of a company is, to some extent, determined by the corporate social responsibility (CSR) activities. This means that there is a trade-off between the CSR activities and the financial performance of a company since this intangible factor determines the perception of stakeholders (Poelloe, 2013)....
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Introduction In 2011, Dubai SME changed the world of corporate governance. A Corporate Governance Code developed specifically for small and medium enterprises (SMEs) was introduced to be the first in its kind. The Code includes the Nine Pillars of governance based on the best governance models of corporate giants. From...
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Introduction The running of a company determines its success, and therefore the topic of corporate governance is important to the parties involved in running of the company. Corporate governance is not only important for the running of the company, but it is also should be considered by the stakeholders of...
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Introduction Sustainable development is vital in business environment. Reflectively, this concept defines feasibility of a company and its solvency within a specified period of time, as part of the pillars of the organizational corporate governance. In the business environment, sustainability is affected by forces in the market, decision science, corporate...
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