proper corporate governance structures are inevitable. There is need for improvement on the issues of corporate governance in all corners of the economy if real economic growth is to be realized. The research is also of the opinion that many companies collapsed over the past decade owing to partly serious corporate governance deficiencies‚ among other challenges. As a result‚ the research serves to highlight‚ hint and encourage all the relevant stakeholders to establish proper corporate governance
Premium Audit Corporate governance Auditing
3 Case Studies: Corporate Universities in China Corporate University in China Written by Dr. Clare Sham July 2007 The concept of corporate university (CU) in China is a recent phenomenon although it existed more than eight decades in the western world. Literature reviews indicate that CU is an independent professional-managed entity proactively providing learning intervention in the workplace. With the ownership of the corporation‚ CU embedded culture and optimized learning through
Premium People's Republic of China Corporation Foreign direct investment
Cultures and Co-Cultures By: Anna Skidmore Delta College A Culture is the language‚ values‚ beliefs‚ traditions‚ and customs people share and learn according to Larry Samovar and his colleagues (2007). Culture includes two different groups called in-groups which are groups that you identify yourself with and out-groups which is a group of people we view as different (Frings & Abram‚ 2010; Quist & Jorgensen‚ 2010). Examples of culture is the foods we eat‚ holidays we celebrate‚ the
Premium Culture The Culture Cross-cultural communication
Corporate social responsibility is becoming a key initiative and an essential tool in the growth of multinational corporations and the development of third world countries throughout the globe. The two concepts can work hand in hand to provide benefits for all; however difficulties in regulating and implementing corporate social responsibility need to be overcome before effective changes can be made. Definitions of corporate social responsibility can be somewhat varied depending on the perception
Premium Corporate social responsibility Corporation Multinational corporation
1. Statement of Purpose: Corporate Strategy & Policy Any meaningful organization has certain mission‚ objective(s) and goal(s) and a strategy to achieve them. Business environment consists of all those factors that have a bearing on the business‚ such as the strengths‚ weaknesses‚ internal power relationships and orientations of the organization‚ government policies and regulations‚ nature of economy and economic conditions‚ socio-cultural factors‚ demographic trends‚ natural factors‚ global
Premium Corporation Limited company Limited liability company
competitor’s‚ General Motors‚ position as the world’s largest carmaker‚ selling 8.9 million cars to GM’s 8.35 million (Welch‚ 2009). Toyota was the bright star of the Japanese economic miracle and synonym for concepts like “Lean manufacturing”‚ business culture and production quality. All this changed as Toyota faced problems with unintended acceleration of its cars‚ which has throw the company into an even worse situation then the one caused by the global Financial Crisis. In February 2010 Toyota reported
Premium Stock Corporation Stock market
A Rogue Trader at Societe Generale Roils the World Financial System. 1. What concepts in this chapter are illustrated in this case? System vulnerabilities Computer crime: using computers as instruments of crime to defraud the bank‚ customers‚ and other financial institutions Internal threats from employees: Jerome Kerviel has access to privileged information; he was able to run through the organizations system without leaving a trace Business value of security and control: Organizations can
Premium Access control Computer Computer security
WHAT IS CORPORATE STRATEGY? Although strategy has different definitions by various authors‚ to understand Corporate Strategy we begin by defining strategy. "Strategy is the direction and scope of an organization over the long-term: which achieves advantage for the organization through its configuration of resources within a challenging environment‚ to meet the needs of markets and to fulfil stakeholder expectations” (Johnson‚ Scholes & Whittington‚ 2008). From the definition given by Johnson
Premium Strategic management Management Strategic planning
Corporate Governance What were the failures in the Madoff’s affair ? Minor : Management‚ Technology and Entrepreneurship Students : ..................................... Rémi Caroff Ha-Phong Nguyen Hamza Sehaqui Professor :............................... Matthias Finger Lausanne‚ Spring 2013 Corporate governance | Bernard Madoff case Table of content 1. Introduction and problem statement ................................................................................................. 1
Premium Bernard Madoff Hedge fund Ponzi scheme
every stakeholder. * Commitment to quality‚ innovation and growth in every endeavor: HCLT is committed to supporting quality processes and employee productivity through a working environment and culture in which they feel appreciated and allow innovation to thrive. * To be responsible corporate citizens: They believe in encouraging a sense of social responsibility and to give back to society. They take pride in being a company with a strong social conscience. They firmly believe that every
Premium Culture Employment Sociology