African situation‚ South Africa is known as a developing post-colonised country. Corporate governance is “a particularly salient issue in emerging markets attempting to compete for investors and capital with established markets where investors are less concerned about the quality of corporate governance practices” (Andreasson‚ 2002: 2).This statement rules out the possibility of a “comply or else” approach to corporate governance‚ and as a result “comply or explain” approach is the most suitable approach
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Corporate restructuring MENTION the name Schefenacker to the London bankers‚ lawyers and advisers who specialise in turning around insolvent companies‚ and you are likely to be greeted with knowing smiles. Schefenacker‚ which makes mirrors for carmakers such as BMW and Mercedes‚ almost went bust late last year. In April it emerged from a tortuous restructuring‚ during which it moved its headquarters from Germany to Britain to take advantage of the flexible insolvency laws there. Along the way
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Corporate Culture The culture of an organization is the set of values‚ beliefs‚ behaviors‚ customs‚ and attitudes that helps its members understand what the organization stands for‚ how it does things‚ and what it considers important"(Griffin‚ 49). In other words‚ "the way things work around here" (Dr. Williams). In order for any small business or large corporation to be successful‚ the employees must understand what is expected of them. While things might be slightly different in a large corporation
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Case 1 – New Heritage Doll Company 1. Set forth and compare the business cases for each of the two projections under consideration by Emily Harris. Which do you regard as more compelling? Productions was New Heritage´s largest division as measured by total assets‚ and easily its most asset-Intensive. Approximately 75 % of the division´s sales were made to the company´s retailing division‚ with the remaining 25% comprising private label goods manufactured for other firms. The division revenue figures
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approach to Crime and Deviance Durkheim Functionalism sees society as based on value consensus. Functionalists argue that in order to achieve this solidarity‚ society has two key mechanisms: socialisation and social control (mechanisms include rewards positive sanctions for conformity‚ and punishments negative sanctions for deviance) The inevitability of crime Durkheim believes that crime is normal‚ and argues there are at least two reasons why crime and deviance are found in all societies:
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create a sustainable environment in order to achieve long-term profits. While all of the above relationships are valuable‚ none should be dominant over the others. The CEO should be accountable to set up a holistic strategy that captures the needs of corporate governance‚ which “emphasized a manager’s accountability to multiple constituencies besides the shareholders” (1). This will allow the organization to maximize its value in the long term. Companies are networks of parties and people working together
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Corporate level strategy Coca-Cola Company is now the largest soft drink company in the world. Moreover‚ the company has become the largest manufacturer‚ distributor‚ and marketer of non-alcoholic beverage concentrates and syrups which operate in more than 200 countries. After years of globalization and brand building‚ Coca-Cola proudly pronounces its Mission Statement “At The Coca Cola Company we strive to refresh the world‚ inspire moments of optimism and happiness‚ create value and make
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Youth‚ Sociology‚ and Deviance When the word deviance has crossed the path of society‚ it seems to have a postulation attached to the meaning. This postulation usually refers to behaviour that purveys a negative insight often resulting in acts of violence‚ crime and anti social behaviour within a society and community; it is also often associated with the social entity of youth. Thinking about deviance in a sociologist concept‚ what does this term really mean within a sociological framework ‘such
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Theory of Deviance Dahlia Magdy Abdal-Hakim This paper is an application of Merton’s Anomie Theory of Deviance (1957) on August Wilson’s play Fences. The present research is a sociological approach aims to analyze how the structural and the cultural factors of a society forces people to be under strain to accomplish goals. These factors play a crucial role shaping each character in the play along with their differences. In accordance with Merton’s Anomie Theory of Deviance‚ choosing
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terms of education‚ 25% is not parity‚ but 25% is a good place to start. This is not a figure plucked from the air. It was arrived at following close analysis of board trends over recent years: we recognised that FTSE 250 companies would‚ in many cases‚ find it more difficult to achieve than those in the FTSE 100 and explicitly stated that for our top companies 25% should be seen as a minimum goal. In the three years prior to my report the number of women on boards had effectively plateaued‚
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