B Corporations Benefit Corporations‚ also known as B corps‚ are a new way to do business in a socially responsible way. Curtis Lum’s article‚ “Legislation would allow for creation of ‘B corps’” published on March 18‚ 2011 in the Pacific Business News‚ talks about the ongoing legislative battle to legally recognize B corps in Hawai’i. An additional article from the PBN‚ published the same day by John Webster‚ “Social responsibility is beginning to take root‚” provides further background to Lum’s
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12-14-cent-an-hour for your hard work‚ imagine you work with toxic chemical glues‚ paints and solvents everyday. Multinational Corporation is a company that make and sells a product in more than one country. Sometime we called a ¡°transnational corporation ¡±. Multinational Corporation are harmful because of bad working condition‚ low wage and long hours‚ bad future and life. Multinational corporations are harmful because they have bad working conditions. According to Sweatshop Fact sheet‚ workers who work for
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Literature Review Corporate Identity What is corporate identity? The task of defining corporate identity is challenging. Different views and definitions were introduced to the concept. The first time the “corporate identity” term was used was in 1957 by Lippincott and Margulies (Cornelissen & Elving‚ 2003). It was constrained by the visual representation of the organization by which means it identify itself. The understanding of the concept has expanded later to include all the characteristics
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Case 06-65 The Minnetonka Corporation The Minnetonka Corporation‚ which produces and sells to wholesalers a highly successful line of water skis‚ has decided to diversify to stabilize sales throughout the year. The company is considering the production of cross-country skis. After considerable research‚ the cross-country ski line has been developed. Because of the conservative nature of the company management‚ however‚ Minnetonka’s president has decided to introduce only one type of the new
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Corporate finance: Corporate finance is an area of finance dealing with the financial decisions corporations make and the tools and analysis used to make these decisions. The primary goal of corporate finance is to maximize corporate value while managing the firm’s financial risks. Although it is in principle different from managerial finance which studies the financial decisions of all firms‚ rather than corporations alone‚ the main concepts in the study of corporate finance
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The case in discussion is about the Kikkoman Corporation of Japan. They are the oldest and most recognized producers of soy sauce in Japan. The company’s vision statement is that of contributing to the exchange of cultures through similar tastes and flavors. This case deals with the issues of the soy sauce industry and the challenges that the Kikkoman corporation faced keeping up with the globalization of the market for soy sauce. Their market share has always been strong in the industry‚ yet
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PAGE 1. INTRODUCTION……………………………………………………………… 1 1.1 Defining Corporate Governance………………………………………… 2 1.2 Principles of Corporate Governance……………………………………. 3 1.3 Importance of Corporate Governance………………………………….. 4 1.4 Objective…………………………………………………………………… 5 1. DIRECTORS & CORPORATE GOVERNANCE in INDIA……………….. 6 2.5 Need for Directors- Who is a Director…………………………………... 7 2.6 Statutory Definition
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CASE #4: 3M Canada: Industrial Business Division PROBLEM RECOGNITION * The target is to increase growth rate from 3-5% to 12-15% in 18 months * OEM market is mature with limited prospects of expansion * Ultimately shifting overall focus from OEM market to MRO market * High unfamiliarity and low exposure to the MRO market * IBD’s share of distributor sales was 2% of distributors’ revenue * Transitioning focus from Special and Niche accounts to Large National accounts
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Corporate Governance Corporate Governance is the relationship between the shareholders‚ directors‚ and management of a company‚ as defined by the corporate character‚ bylaws‚ formal policies and rule laws. The corporate governance system was designed to help oversee the decisions and best interest of the shareholders. The system should works accordingly: The shareholders elect directors‚ who in turn hire management to make the daily executive decisions on the owner ’s behalf. The company ’s
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CORPORATE GOVERNANCE: Corporate Governance is essentially all about how corporations are directed‚ managed‚ controlled and held accountable to their shareholders. In India‚ the question of Corporate Governance has come up mainly in the wake of economic liberalization and de-regularization of industry and business. The objective of any corporate governance system is to simultaneously improve corporate performance and accountability as a means of attracting financial and human resources on the best
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