The phrase “Corporate Social Responsibility” originates with H. Bowen‚ who wrote “Social Responsibility of Businessmen” in 1953. Corporate Social Responsibility (CSR) is broadly used to describe businesses’ integration of social and environmental issues into decisions‚ goals‚ and operations. According to World Business Council for Sustainable Development “Corporate Social Responsibility is the continuing commitment by business to behave ethically and contribute to economic development while improving
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Interests in corporate governance‚ specifically in business accountability‚ emerged in 2001-2002 in response to the financial collapses that large companies faced such as Enron in the United States‚ Parmalat in Italy‚ Ahold in Netherlands etc... . Governments and agencies‚ tried to prevent these scandals by issuing laws and regulations such as the Sarbanes–Oxley Act of 2002‚ United States federal law‚ however‚ shortly the interests in good corporate governance was renewed and emphasized after the
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and its related parties. 3. The reporting entity and its related parties provide more than half of the total of the equity‚ subordinated debt‚ and other forms of subordinated financial support to the legal entity based on an analysis of the fair values of the interests in the legal entity. 4. The activities of the legal entity are primarily related to securitizations or other forms of asset-backed financings or single-lessee leasing arrangements. 2.) Even though the investment risk is greater
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CORPORATE FINANCE Master in Banking and Finance 2012 FINAL EXAM A. PROBLEMS (20 points each problem) 1. FAGE Manufacturing is currently an all-equity firm with 20 million shares outstanding and a stock price of $7.50 per share. Although investors currently expect FAGE to remain an all-equity firm‚ the company plans to announce that it will borrow $50 million and use the funds to repurchase shares. FAGE will pay interest only on this debt‚ and it has no further plans to increase or decrease
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Guadalupe Lopez 1/22/18 A.) Corporate Policies 1. Techfite offers generous benefit packages to its employees that include; medical‚ dental‚ vision‚ and retirement. 2. All FT Techfite employees are to be assigned PTO. 3. Techfite will implement a placement program for the adolescence in our neighborhoods. 4. Unjustified excessive bonuses shall be decreased. Rationale for Policies 1. Techfite offers generous benefit packages to its employees that include; medical‚ dental‚ vision‚ and retirement
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The key corporate view of finance is to ensure that the shareholders’ wealth is maximized. This at times is not realized because the shareholders‚ who are the owners of the firm‚ do assign duties of control to the managers of the firm. The managers therefore‚ act as agents to their principals (shareholders). The shareholders delegate all the duties to the management and directors of the firms due to a number of reasons for instance; they may be distant from the company location and might be involved
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IT Value in Business Trident University ITM524 – Foundations of Information Technology Management Module 4 Case Dr. Julian Achim Introduction More and more these days companies are realizing that Information Technology (IT) plays a crucial role in their day to day business. One such way is by using business intelligence (BI) tools to process immense amounts of data quickly which allows company leaders to make better informed decisions on company business. With new technology and software applications
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1. What would be an argument in support of sin taxes on fast-food meals?Considering that fast-food meals are usually less expensive than healthier options and provide food quickly for underpaid and overworked Americans‚ how might sin taxes unintentionally reproduce class difference? A good argument on the issue of taxing fast food is that it could help the health of our society. Most people tend to buy fast food because of time or just not wanting to cook and because most of the healthier food
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of economic crimes in the region were detected by risk-management systems. In fact‚ the vast majority of incidences of economic crime were detected by accident‚ tip-off‚ and internal and external audit (PriceWaterhouse Coopers 2003). Here in the case study of Informatics Group (Singapore) Private Limited was the 84 per cent where the conspiracy was exposed. The company reported that its business entity owned‚ Computer Assisted Learning (CAL)‚ had submitted false National IT Literacy Programme (NITLP)
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What is Corporate Governance? Corporate Governance is a generic concept‚ and in most cases it is defined by its objectives. Corporate Governance can be defined and analyzed by two terms. The first was introduced by the Organization of economic Corporation and Development (OECD 1999). OECD defined “Corporate Governance as a system in which business corporations are directed and controlled. The Corporate Governance structure specifies the distribution of rights and responsibilities among the
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