signature may indicate a lack of personal commitment on the part of Sister Doris‚ however‚ does not discredit her organization’s concerns for the practices of our company. Her stance on the representation of all sexes‚ races‚ and ethnic groups on a board of directors may be held by many other individuals as well. There is a need to address the Sisters’ concern as their standpoint is made without full knowledge of what is behind candidate evaluation and selection. RESPONSE TO SISTER GORMLEY While reading
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23 July 2009 Sony Corporation names Keki B. Dadiseth Chairman of the Board‚ Sony India Move aimed to enhance Sony Group’s presence in India New Delhi‚ July 23‚ 2009: Sony Corporation today announced the appointment of Keki B. Dadiseth‚ former Director on the Board of Unilever plc in London and Chairman of Hindustan Lever Limited in India‚ to the position of Chairman of the Board of Sony India Pvt Ltd.‚ and Senior Advisor to Sony Group in India‚ effective immediately. In this role‚ Mr. Dadiseth
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dues for Liga Filipina will be decided by the Executive Board. Article IV: Organization A. General Assembly: 1. The General Assembly shall be made up of the members of Liga Filipina. 2. The General Assembly will meet at least twice a semester. 3. Quorum shall consist of four-sixths of the E-board and two-fifths of the General Assembly. B. Executive Board: 1. The Executive Board consists of six offices: President‚ Vice President‚ Secretary
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sections and sub-sections that apply under the Corporations Act 2001 (Cth). DO NOT use ILAC method to answer. (a) On 1 February 2012‚ Mr Lawson was appointed as an administrator of Gogo Pty Ltd by the passing of a resolution by a majority of the directors of the company. Upon appointment‚ Mr Lawson convened the creditors’ first meeting on 4 February 2012. Is this a valid meeting? (b) The creditors of RedHot Pty Ltd (Redhot) appointed Mrs Sherman as the receiver to take possession of the secured
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be given. Then the cause of HIH collapse is going to be discuss in the following part‚ mainly focused on the failure of financial risk management‚ the failure of auditor‚ the failure of regulation and the lack of independence for non-executive director. Thirdly‚ according to the analysis of the problem‚ the paper offers suggestions as to deal with those problems，followed by a brief conclusion at the end of this paper. 2.0 Introduction and background Prior to its collapse in 2011‚ HIH insurance
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on-----------------------------------------------------------------------------9Reference-----------------------------------------------------------------------------10SummaryIn this case of "Greenhill Community Center"‚ described as a executive director - Leslie was dealing with several issues within this non-profit organization‚ she had learned MBA and thought having experiences to fit her position‚ but after one year of managing the center‚ she felt frustration and anger. Background of the Greenhill
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The term fiduciary does not have a precise definition. Fiduciary is a term that may cover a wide range of situations where a person is expected to act‚ not in their own self interest but having regards to another’s interest. Fruity as the managing director of Freshness Always Sdn Bhd (FA) has no fiduciary in relation with FA by telling Cellar that FA would not be interested because it only sells fruits and vegestables. She care for her own self interest and has not bring a new product opportunity to
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Sandesh ltd About the company: Sandesh is a Gujarat-based publishing house. The company’s daily Sandesh is published from Ahmedabad‚ Surat ‚ Baroda and Rajkot. It is also publishing a weekly magazine for women called ’STREE’ and also launched monthly publicaiton on Astrology viz ’JYOTISH-DEEP’. The company is also engaged in leasing activities. During 1996-97‚ it undertook a new project in the form of a new printing press at Vastrapur‚ Ahmedabad with an outlay of Rs 13 crores‚ which commenced
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resigned from the SATYAM board after admitting that he had cheated six million share holders. He was charged with cheating‚ embezzlement and insider trading. Raju had appointed a task force to address the MAYTAS situation in the last few days before revealing the news of the accounting fraud. MAYTAS ("SATYAM" read backwards) refers to a group of companies founded by B. Ramalinga Raju. It includes MAYTAS Properties and MAYTAS Infra Limited. After the scandal broke‚ the then-board members elected Ram Mynampati
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independent directors to total number of directors on the board‚ the existence of a voluntary audit committee‚ the existence of dominant personalities (CEO/Chairman duality)‚ and the percentage of family members on the board. Using a weighted relative disclosure index for measuring voluntary disclosure‚ the results indicate that the existence of an audit committee is significantly and positively related to the extent of voluntary disclosure‚ while the percentage of family members on the board is negatively
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