054VJ CORPORATE ENTREPRENEURSHIP – A FRAMEWORK FOR COMPETITIVENESS Dr. Vinnie Jauhari Associate Dean Institute for International Management & Technology Udyog Vihar Phase IV Gurgaon 122 001 E mail : vinnieverma@hotmail.com Ph. : 98 100 32324 Fax : (0124) 6397784 ________________________________________________________________________ ABSTRACT Corporate Entrepreneurship has of late evoked interest from practitioners of management and academicians. It refers to entrepreneurship in established firms
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CORPORATE GOVERNANCE Corporate governance refers to the system by which corporations are directed and controlled. The governance structure specifies the distribution of rights and responsibilities among different participants in the corporation (such as the board of directors‚ managers‚ shareholders‚ creditors‚ auditors‚ regulators‚ and other stakeholders) and specifies the rules and procedures for making decisions in corporate affairs. Governance provides the structure through which corporations
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Corporate Restructuring: Corporate restructuring is one of the most complex and fundamental phenomena that management confronts. Each company has two opposite strategies from which to choose: to diversify or to refocus on its core business. While diversifying represents the expansion of corporate activities‚ refocus characterizes a concentration on its core business. From this perspective‚ corporate restructuring is reduction in diversification. Corporate restructuring is an episodic exercise‚
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Week 1 Essay Questions (80 Points) 1. Why is corporate governance important? a) good corporate governance produces direct economic benefit to the organization b) To avoid scandal c) To imbibe trust in investors d) The perception of good corporate governance is an important ingredient of the image of an organization‚ whether public‚ private‚ or nonprofit. e) A perception of unethical conduct by an organization can be very costly in legal cases Reference:
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Corporate finance: Corporate finance is an area of finance dealing with the financial decisions corporations make and the tools and analysis used to make these decisions. The primary goal of corporate finance is to maximize corporate value while managing the firm’s financial risks. Although it is in principle different from managerial finance which studies the financial decisions of all firms‚ rather than corporations alone‚ the main concepts in the study of corporate finance
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Corporate governance Two definitions: ASX CGC: rules‚ relationship‚ systems and processes help a company to monitor and assess risk‚ optimize performance‚ create value and provide accountability. A narrow definition which consistent with agency theory focuses on relationship between company and shareholders. OECD: a system a company can be directed and controlled‚ specify rights‚ responsibilities and rules; set and achieve objectives and monitor performance. A board definition consider relationship
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In a commercial organisation‚ the board of directors is typically charged with the key responsibility for corporate governance – protecting the rights of shareholders and creditors‚ ensuring contractual obligations and regulatory compliance. In the public sector‚ the elected government is typically responsible for corporate governance‚ and in semi-government and statutory bodies like State Rail‚ Sydney Water‚ the Australian Broadcasting Authority‚ the University of NSW‚ etc – and in not-
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History Main article: History of Apple See also: Apple Inc. litigation 1976–1980: The early years The Apple I‚ Apple’s first product. Sold as an assembled circuit board‚ it lacked basic features such as a keyboard‚ monitor‚ and case. The owner of this unit added a keyboard and a wooden case. Apple was established on April 1‚ 1976 by Steve Jobs‚ Steve Wozniak‚ and Ronald Wayne‚[10] to sell the Apple I personal computer kit. They were hand-built by Wozniak[11][12] and first shown to the public
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philosophy‚ mission‚ vision‚ values‚ and structure. In 1976‚ Apple Incorporated was formed and operated in Cupertino‚ California. The founders of Apple Inc. were Steven Jobs‚ Steve Wozniak‚ and Ronald Gerald Wayne. Apple Inc. designed Macintosh computers‚ mobile cellular devices such as the iPhone‚ multi media devices such as the iPad‚ iPod music players‚ and sells a host of software such as the Mac OS and iOS operating systems. Apple Inc. operates third party content such as retail stores‚ online
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Corporate Communication and the Corporate Brand Peggy Simcic Brønn (From: Corporate Communication: A Strategic Approach to Building Reputation (2002)‚ Brønn‚ P.S. and R. Wiig (eds.)‚ Oslo: Gyldendal.) The first years of the 21st century have been hard on companies and their brands. It is predicted that Firestone is dead as a brand as a result of its defective tires used on Ford SUVs‚ which tipped over causing loss of lives. Arthur Anderson is feverishly trying to find partners for its many
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