A COMPARITIVE STUDY OF CORPORATE GOVERNANCE IN INDIA AND COMPANIES AROUND THE WORLD SHAKTI SINGAL-2010A58 DIVYA CHADHA-2010A60 UJJWAL SINGH -2010A62 Under the Guidance of MR.SHREEDHAR BHAT SYMBIOSIS CENTRE FOR MANAGEMENT AND HUMAN RESOURCE DEVELOPMENT‚ SYMBIOSIS INTERNATIONAL UNIVERSITY ACKNOWLEDMENT This project would not have been possible without the help and support of Mr. Shreedhar Bhat‚ our mentor for the project. Our deepest gratitude goes out to him for guiding us at various stages with
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Ethical dimensions of sustainable development and their relevance to Organisations: A case study of Coltan Mining Industry Author Institution Course title Instructor Date Introduction Sustainability and its use in enhancement of a sustainable development has become a major concern in the world economy. Many international documents including Agenda 21 on ethics highlights how governments and corporate bodies may achieve sustainable development. One of the strategies suggested by the document
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Ethical Perspective Paper Introductions Organizations have concerns that are focused on ethical leadership and ethical decision making. Ethical leadership and the importance of education have been highlighted in all most organization (Winston‚ M‚ 2007). The four key core values that have been formed as a basis for ethical decision making are C.O.R.E which is known as the character‚ obligation‚ results and equity which represents the way decisions are made from an ethical perspective. Each person
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According to Harvard University‚ corporate social responsibility (CSR) is a business strategy that encompasses the ways in which an organisation manages its economic‚ social and environmental impact. As such‚ the methods of managing an organisation’s impact can decide whether the organisation is ethical or unethical. There are eight principles stated in the Global Business Standards Codex (GBSC) which assist in the assessment of ethics of an organisation or industry (Paine et al. 2005). These principles
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MURERIWA ON A CALL FOR GOOD CORPORATE GOVERNANCE IN ZIMBABWE. ADV ISIAH MURERIWA LLB (UP) LLM (UP) (Advocate of the High Court of South Africa) The legal realty is that in Zimbabwe‚ as in many other economies‚ those who own companies (shareholders) are different from those who are involved in the day-to-day operations of the companies (managers and directors). This position thus put the managers and directors in a fiduciary relationship vis-a vis the actual owners of companies and
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Reporting Practices and Ethics Michele R. Morris HCS/405 December 18‚ 2010 Todd A. Brown Reporting Practices and Ethics Financial practices and ethical finance are important in the health care industry. Both are important to produce a successful health care organization. Here we will discuss the four elements of financial management‚ generally accepted accounting practices‚ and general financial ethics standards. Financial Management There are four elements of financial management
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Legalizing Marijuana: An Ethical Perspective In today’s society‚ many ethical concerns arise on a daily basis‚ especially when it comes to the topic of legalizing marijuana. Many individuals have relied on the fact that marijuana was illegal‚ when determining whether smoking it should be considered unethical. However‚ many studies have shown that the effects of marijuana are not as detrimental as they were once made out to be. Legalizing marijuana can be an extremely controversial topic because
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Definition of Financial Management According to Dr. S. N. Maheshwari‚ "Financial management is concerned with raising financial resources and their effective utilisation towards achieving the organisational goals." According to Richard A. Brealey‚ "Financial management is the process of putting the available funds to the best advantage from the long term point of view of business objectives." Functions of Financial Management Functions of financial management can be broadly divided into
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Briefly outline what Corporate Social Responsibility (CSR) is and how the initiatives on reporting CSR have developed over the past few decades. Explain what the Global Reporting Initiative is. Social responsibility has been a term used in business since the 1700’s with to focus then being child labour and increasing working conditions. It was only during the 1970’s when social responsibility gathered pace and a definition was given “The social responsibility of business encompasses the economic
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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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