A look at the barriers and facilitators to good corporate governance.
Term Paper # 146408 |
2,050 words (
approx. 8.2 pages ) |
11 sources |
APA | 2010
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$ 38.95
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Abstract
This paper examines the elements that promote and discourage responsible corporate governance. Additionally, the paper cites the need for new banking regulations and corporate governance standards. This is further addressed by looking at several components of the modern business environment, such as the role of corporate governance, the need for transparent internal control and transparent reporting, accounting disasters, the Sarbanes-Oxley Act, the transition from ISO to IFRS or the corporate culture and the internal audit process within economic entities. Each of these issues is dealt with in-depth within the text. The paper also includes a list of the actual processes involved in an internal audit which promotes reliable and transparent reporting and a detail discussion of the Sarbanes-Oxley Act, which regulates the US the securities market . The paper concludes by noting corporate scandals which have resulted in the creation and implementation of the Sarbanes-Oxley Act and the transition to the International Financial Reporting Standards.
Outline:
Introduction
The Role of Corporate Governance in Modern Business
Reliable and Transparent Control and Reporting
Corporate Governance and Accounting Disasters
Effects of the Sarbanes-Oxley Act
The Transition to IFRS
Corporate Culture and the Audit Process
Concluding Remarks
From the Paper
"The twentieth and twenty-first centuries have been filled with cases of corporate fraud, which led to millions of people being negatively affected. Some of the most notorious such situations were encountered at Enron, WorldCom and more recently, Societe Generale. The contemporaneous financial crisis, present at an international level, is increasing the pressure upon corporate players and the temptations to become engaged in illicit actions in order to salvage the company. The means of conducting such operations have become improved throughout the years, and when combined with the still ambiguous legislation, generate a need for more efficient standards to regulate corporate governance..."
Tags:Sarbanes-Oxley Act, corporate scandals, Enron, corporate culture
An assessment of corporate governance of Malawi's commercial banks.
Research Proposal # 105725 |
14,002 words (
approx. 56 pages ) |
20 sources |
APA | 2008
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$ 157.95
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Abstract
The paper discusses the effectiveness of corporate governance in banking and financial systems in Malawi, an African developing economy. The paper begins with a discussion on the history of Malawi combined with a short explanation of its economy and past laws affecting the banking industry. The banking industry in Malawi is then critiqued along with a general discussion of the manner in which banks operate and affect a country's economy. Next, the paper analyzes the larger financial institutions such as the World Bank and the International Monetary Fund in the context of Malawi's economy. In addition, the available literature on the topic is outlined, broken down into different sections. Furthermore, the paper assesses the effectiveness of corporate governance in Malawi's financial sector and proposes a study for future work. Finally, predicted results of the study are outlined, and well as recommendations for implementing and establishing better guidelines for corporate governance in Malawi's financial services and banking industry.
Outline:
Proposal
Introduction:
Corporate Governance in Malawi
Proposal Conclusion
An Overview of the Role of Commercial Banks
Malawi's Financial Services & Banking System
Literature Review
Public Sector Management
Public Policy Formulation
Decentralization
Corporate Governance
Purpose of the Study & Methodology
Proposed Study Methodology
Conclusion
From the Paper
"The effectiveness of corporate governance in Malawi's commercial banks is an important issue given the essential role banks play in the financial systems of developing economies and the widespread banking reforms that these economies have implemented. Although the subject of corporate governance in developing economies has recently received a lot of attention in the literature, the effectiveness of corporate governance of banks in Malawi has been almost ignored by researchers. In developed economies, the corporate governance of banks has only recently been discussed in the literature. In order to address this research deficiency, this paper discusses some of the key concepts and issues for the corporate governance of banks in Malawi that can be applied to other developing economies. In many developing economies, the issue of bank corporate governance is complicated by extensive political intervention in the operation of the banking system. Malawi is a low income country where economic development is a priority for a future stable economy. Economic development consists of capacity building, good governance and economic reform. Acquired skills cannot be utilized fully and institutions cannot operate efficiently without good governance; similarly, economic reform cannot be implemented properly without institutions that are functioning well ."
Tags:corporate, governance, financial, services, banking
Stockholder Stakeholder Approaches to Corporate Social Responsibility
An assessment of the competing claims of the stockholder stakeholder approaches to corporate social responsibility, and a look at similarities and differences of each type of approach to responsibility.
Comparison Essay # 4108 |
2,515 words (
approx. 10.1 pages ) |
10 sources |
2001
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$ 45.95
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Abstract
This essay will discuss the competing claims of both the stockholder and the stakeholder approaches to corporate social responsibility. An explanation for corporate social responsibility will be provided and arguments will be put forward for similarities and differences in the stockholder and stakeholder approaches to this movement. Evidence to support these arguments will be provided throughout the essay.
From the paper:
"Before discussing the competing claims, it must be understood what is meant by the term corporate social responsibility. Corporate social responsibility is just one aspect of business ethics and has become increasingly important for companies operating in the global economy. It is a fast developing and increasingly competitive field. There is no single, commonly accepted definition of corporate social responsibility but it generally refers to the idea that businesses are accountable for the effects of their actions on the community and should seek socially and economically beneficial results. It involves operating a business in a way that meets ethical and legal standards as well as meeting public expectation. Decisions taken by managers need to satisfy the needs of the community and companies must be accountable for the way in which their results are achieved."
Tags:corporate, drucker, friedman, responsibility, shareholder, social, stakeholder, stockholder
A research proposal on corporate governance in multinational corporations.
Research Proposal # 149840 |
1,549 words (
approx. 6.2 pages ) |
15 sources |
APA | 2012
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$ 30.95
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The paper reviews existing literature vis-a-vis corporate governance, with a focus on corporate governance in Egypt, to highlight the compelling need for corporations to be more responsible and accountable. The paper considers the value of this research, the methodology to be used and the ethical consideration involved.
Outline:
Introduction
Literature Review
Corporate Governance in Egypt
Research Objective
Research Importance
Research Methodology
Ethical Consideration
From the Paper
"A search for "new solutions" in terms of financing of social services in the European Union - partly due to an increasingly "limited role for the state" (Midttun, 2005) - has led the movement for CSR, according to an article in Corporate Governance. The pivotal reasons for emphasis on CSR, Midttun writes (p. 160), are: Organization for Economic Cooperation and Development (OECD) guidelines; the global compact of the UN; recent social and environmental legislation; socially responsible investment; and human rights campaigns launched by NGOs (non-governmental organizations).
"Because governments assets are shrinking during the current economic downturn, and the media is more influential then ever before - presenting human struggles, needs and desires through live television feeds, on the Internet, and elsewhere - those urgent needs that people have in many countries are being met in part by corporate governance (Korner, 2005, p. 151). There are over 37,000 multinational corporations (that employ "over 70 million worldwide") Korner writes in Corporate Governance, and NGOs - that urge companies to show social responsibility - have "developed into a real force often closely linked to the media" (p. 152). These facts help explain the present dynamics of CSR worldwide.
"The Wharton School of Business (University of Pennsylvania) emphasizes that corporate governance is very different in varying places around the world. "...Globalization seems to encourage countries and firms to be different, to look for a distinctive way to make a dent in international competition rather than converge on a best model" (http://knowledge.wharton.upenn.edu)."
Tags:accountability, transparency, corporate, social, responsibility
A look at the similarities between business ethics and corporate social responsibility.
Analytical Essay # 130559 |
1,000 words (
approx. 4 pages ) |
0 sources |
MLA |
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$ 21.95
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This document discusses the similarities between business ethics and corporate social responsibility. The writer maintains that that not only are they similar expressions of corporate and organizational behavior but business ethics are derived from corporate social responsibility. The writer discusses that corporate social responsibility is the basis for organizational values in a company and its business ethics depend upon the sincerity of its value system in order to get any traction among employees.
Tags:business, ethics, corporate
A look at the changes in corporate compliance laws.
Cause and Effect Essay # 105114 |
898 words (
approx. 3.6 pages ) |
4 sources |
APA | 2008
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$ 19.95
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This paper explores the changes in corporate compliance brought about by the enactment of The Comprehensive Environmental Response, Compensation and Liability Act and the Sarbanes-Oxley Act of 2002. The paper relates that both of these comprehensive legislative initiatives were brought about by infamous events in American Corporate history, and were aimed at preventing such corporate transgressions in the future. They brought personal liability for the actions of the corporation to its directors, officers and management.
From the Paper
"The corporate veil was a thick impenetrable barrier that protected Officers, Directors, Management and shareholders from personal liability from the acts of the corporation. The immunity granted by the legislative progenitors of these modern day immortals are now chipping away at the corporate shield, and have created large holes where the long arms of personal liability can now reach. As with all things political, seminal events brought about these fundamental changes in corporate law. The pollution scandal of Love Canal brought about The Comprehensive Environmental Response, Compensation and Liability Act (CERCLA), among other provisions brought about criminal liability to Officers and Management for willful violations (Darragh, 1997, n.p.). The corporate financial scandals associated with the "Dot Bomb" era of the late 1990's resulted in the Sarbanes-Oxley Act of 2002, establishing personal liability to the corporate officers in the reporting of financial data to the Security and Exchange Commission (SEC) (Hein, Neimeth, Rosner & Watts, 2002, n.p.). The spectacular misdeeds of a very few in the corporate world brought about increase personal liability and risk to those that run corporations in America."
Tags:political, fundamental, corporate, depression
This paper examines the issue of corporate citizenship and responsibility as related directly to the management of environmental issues.
Essay # 83856 |
900 words (
approx. 3.6 pages ) |
4 sources |
2005
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$ 19.95
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This paper explains that the idea of corporate citizenship and responsibility is beginning to play an increasingly large role in business and corporate theory. The author examines some of the issues, concepts and solutions raised by contemporary journal analysis of the issue of corporate environmental responsibility. The paper outlines the major problems faced, some of the ways that businesses can respond and the possibility for long-term change.
From the Paper
"As the twentieth century came to a close and the corporate excesses of the 1980s were beginning to slip into popular culture memory, the idea of corporate citizenship and responsibility began to play an increasingly large role in business and corporate theory. The environment has been one of those hot issues in business that has become tightly connected to the idea of corporate citizenship. Many people - and especially environmental groups - believe that large corporations and businesses are extremely responsible for the environmental damage that has been wreaked on the world. For this reason, critical literature into the subject of corporate citizenship has often focused on the role that businesses should play in regard to the environment, and whether or not it is possible for a business to be economically viable as well as ecologically conscious."
Tags:corporate, citizenship, environment
This paper discusses corporate crime in Canada.
Essay # 83794 |
1,575 words (
approx. 6.3 pages ) |
5 sources |
2005
|
$ 30.95
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This paper evaluates the significance of corporate criminal activities, which are identified within organizations. The author points out that there are a number of actions, which are taken against companies, when corporate executives take advantage of their substantial power within the company. The paper relates that corporate corruption eventually causes irreversible damage to the organization as a whole.
Tags:corporate, crime, canada
Identification and analysis of corporate governance issues at Alltel corporation.
Essay # 69279 |
1,380 words (
approx. 5.5 pages ) |
4 sources |
APA | 2004
|
$ 27.95
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This paper presents the identification and analysis of corporate governance issues at Alltel corporation. It describes the company and defines elements of corporate governance. The paper concludes that the company is guilty of the appearance of inproprieties. It recommends the company should adopt a policy of not funding unregulated business operations from the earnings of regulated business operations, and eliminate the requirement for a mandatory equity position for the Board of Directors.
From the Paper
"The purpose of this research is to analyze relevant corporate governance issues at Alltel Corporation. This executive summary provides description of the company as well as providing a ..."
Tags:Corporate, Governance, Disclosure
This paper examines the role of internal corporate communications in organizations and how problems can be solved internally.
Essay # 73963 |
900 words (
approx. 3.6 pages ) |
4 sources |
MLA | 2004
|
$ 19.95
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The paper discusses the role of internal corporate communications in organizations and how problems can be solved internally. The paper explains corporate communications as one-sided communication and describes the problems that may arise from this process.
From the Paper
"Many companies consider internal corporate communications to be one-sided communications from management to employees. Companies may be creative in the way that they formulate those communications using newsletters, staff meetings and even Internets as the medium of communication but the process is rarely considered strategic or quantitative. Increasingly, however, analysts are coming to realize that corporate communications occur regardless of whether companies plan those communications or not and even a lack of communication is itself a type of communication."
Tags:corporate communications, internal corporate communications