Legal framework of corporate governance (Laws and regulations affecting corporations) Companies Act 1965 All types of incorporated companies‚ whether private or public‚ foreign or otherwise‚ unless formed in pursuance of some other written laws are governed under CA 1965. The Act governs matters regarding powers of the Registrar of Companies‚ filing of documents with the Registrar of Companies‚ incorporation of companies‚ constitution of companies‚ powers of companies‚ shares and membership
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22 (1998) 371±403 Corporate governance and board eectiveness Kose John a‚ Lemma W. Senbet a b 1 b‚* Stern School of Business‚ New York University‚ New York‚ NY 10012‚ USA Department of Finance‚ College of Business‚ University of Maryland‚ Tydings Hall‚ College Park‚ MD 20742‚ USA Abstract This paper surveys the empirical and theoretical literature on the mechanisms of corporate governance. We focus on the internal mechanisms of corporate governance (e.g.‚ corporate board of directors)
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1.1 Introduction Corporate governance has been the subject of numerous theoretical and empirical studies especially after the fraudulent reporting scandals such as Enron‚ World.com‚ Adelphia‚ and Parmalat.it has come to mean many things. Traditionally and at fundamental level the concept refers to corporate decision making and control‚ particularly the structure of the board and its working procedures‚ Hermes (1994). Jenifer (2002) defines corporate governance as a set of interlocking riles by which
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Our government has not always been as successful as it is today. America’s government began with the Articles of Confederation and separate state constitutions. This was difficult. The country was not united. Each state took care of everything on their own and the national government could not do anything. Our country had no national money or militia. Traveling was almost impossible. There were very few positive concepts with the Articles of Confederation. Our present government is a federalism.
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Akuntansi Sektor Publik dan Good Governance Pengertian governance dapat diartikan sebagai cara mengelola urusan-urusan publik. World Bank memberikan definisi governance sebagai ”the way state power is used in managing economic and social resources for development of society”. Sementara itu‚ United Nation Development Program (UNDP) mendefinisikan governance sebagai “the exercise of political‚ economic‚ and administrative authority to manage a nation’s affair at all levels”. Dalam hal ini‚ World
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What is "Politics" Author(s): Giovanni Sartori Source: Political Theory‚ Vol. 1‚ No. 1 (Feb.‚ 1973)‚ pp. 5-26 Published by: Sage Publications‚ Inc. Stable URL: http://www.jstor.org/stable/191073 Accessed: 13/10/2009 12:35 Your use of the JSTOR archive indicates your acceptance of JSTOR ’s Terms and Conditions of Use‚ available at http://www.jstor.org/page/info/about/policies/terms.jsp. JSTOR ’s Terms and Conditions of Use provides‚ in part‚ that unless you have obtained prior permission‚
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INTRODUCTION Many countries in Africa have governments that do not perform up to the required standards resulting in economic crises. Neo-liberals and International Financial Institutions maintain that this consequently arises from state intervention . Personally I believe state intervention is necessary for sustainable development‚ equitable distribution of scarce resources and eventually peace and stability. To procure all these‚ the state has to shoulder various developmental roles. The World
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Ethics in Public Administration Stefanie Zwack POLS501 – Public Administration 11/26/13 Literature Review “The aim of every political constitution is‚ or ought to be‚ first to obtain for rulers men who possess most wisdom to discern‚ and most virtue to pursue‚ the common good of the society; and in the next place‚ to take the most effectual precautions for keeping them virtuous whilst they continue to hold their public trust. The elective mode of obtaining rulers is the
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public administration Being text of the 41st inaugural lecture of Lagos State University (LASU) delivered by Prof. Iyabo Olojede‚ professor of Public Administration on Tuesday‚ May 5‚ 2009 at the MBA Auditorium. INTRODUCTORY REMARKS THIS inaugural lecture is the second from the Faculty of Management Sciences and the first from the Public Administration Unit of the Department of Industrial Relations and Public Administration. My area of specialization is “Women and Public Administration” This
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TITLE : CORPORATE GOVERNANCE COMPANY NAME : AIR ASIA GROUP MEMBER AIRASIA BERHAD COMPANY PROFILE Established in 1993 and commence operations on 18 November 1996. Established with the dream of making flying possible for everyone Originally founded by a government-owned conglomerate‚ DRB-COM. Bought by former Time Warner executive‚ Tony Fernandes ’s company Tune Air Sdn Bhd on 02 Dec 2001 COMPANY PROFILE –Cont‘ Malaysian Low- cost airline Largest
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