8th Annual Corporate Governance Summit Session I: Forum (March 19‚ ’13 @ 9.15am) “Is self-regulation in corporate governance achievable? NOTES 1. Regulating behaviour v self-governance (i) I am against over-regulation I am against complete self-governance I am for self-regulation within the confines of a well thought-out framework‚ where BoDs must be given the responsibility to act responsibly within the reformed system of CG‚ where-on the board will rely on AC‚ NC & RC‚ including RC (if needed)
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Corporate Governance and Accounting Conservatism in China* Donglin Xiaa and Song Zhub‚** b School of Economics and Management‚ Tsinghua University‚ China School of Economics and Business Administration‚ Beijing Normal University‚ China a Abstract A principal-agent relationship exists among creditors‚ shareholders and management‚ and information asymmetry among them leads to asymmetric loss functions‚ which induces conservative accounting. This paper investigates the determinants of accounting
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For many oil companies‚ the Gulf represents some of their most profitable and promising properties. The White House is seemingly making an increased show of pressuring BP‚ but President Obama is facing political heat from within his own party for what some say has been a lackluster response to the oil spill in the Gulf of Mexico. Since the spill began‚ there has been some intense political debate regarding BP’s responsibility‚ the government’s response‚ and the extent of the environmental damage
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ACHARYA INSTITUTE OF GRADUATE STUDIES SOLADEVANHALLI‚ BANGALORE LECTURE NOTES SUBJECT: BUSINESS ETHICS & CORPTORATE GOVERNACE CHAPTER NUMBER-I CHAPTER NAME: - INTRODUCTION PREPARED BY: MR.SHAIKH JUNED SAOUD In brief: - Meaning of Ethics: - Ethics is derived from the latin word ETHICUS and in greek it is called ETHICOS meaning character or manners. In other words ethics is said to be source of morals‚ moral principles and recognized rules of conduct. Definition of Ethics: -
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"Summarazation of Code of Corporate Governance of Bangladesh" Introduction Since the early 1990s‚ Corporate Governance has been receiving increasing attention from regulatory bodies and practitioners worldwide. Corporate sectors are still in its initial stage; nevertheless awareness of the importance of CG is growing. Bangladesh’s small size and lack of natural resources have necessitated an open trade policy. Bangladesh also has a liberal policy towards foreign direct investment (FDI). However
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com/sustainability 2 A letter from our group chief executive / 4 How BP is changing 6 Gulf of Mexico oil spill / 14 How we operate / 22 Energy future 30 Safety / 34 Environment / 38 Society Within hours of the Deepwater Horizon accident‚ BP teams were working to stop the leak. We also acted to minimize the spill’s impact on the environment by containing‚ removing and dispersing oil offshore‚ protecting the shoreline and cleaning up oil that came ashore. And we worked with wildlife groups to develop
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Of Mexico 2010 Biggest Oil Spill in History Jennifer Fuenzalida Jorge Luis Torres Ignacio Muñoz Santiago Duque AGENDA Brief Facts About the Biggest Oil Spill in History BP’ s Communication Strategy Result of BP’s Communication Strategy How Should this Crisis Have Been Managed? Timeline BP History of Disasters 1908 UK: British Petroleum‚ is an energy company‚ dedicated to the production of oil and natural gas. April 6 Texas City: Explosion in Texas City & a spill of 244 tons of chemical
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BP Crises Law/531 October 1‚ 2012 The Deepwater Horizon disaster attributed to BP‚ a multinational oil and gas company‚ occurred in 2010 dumping massive amounts of oil in the waters on the gulf coast. The BP is headquartered in London with operations in 80 countries with the largest being in the United States. Team B participated in a simulation that presented a similar scenario as the oil spill mentioned. The company in the
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Environmental Ethics Issue on Oil Spills Environmental Ethics Issue on Oil Spills The environmental ethics issue that I chose to examine in this paper is the petroleum industry and its long history of oil spills which damage the ocean’s ecology‚ runes beaches‚ kills animals‚ and threatens the fishing and shrimping industries. Even though the United States and many other countries depend on the oil carried by ships or drilled for on off shore drilling rigs‚ the damage done by this industry
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Russia Introduction BP International Oil and Gas Company is one of the world’s leading international oil and gas companies. Provide customers with fuel for transportation‚ energy for heat and light‚ lubricants to keep engines moving‚ and the petrochemicals products used to make everyday items as diverse as paints‚ clothes and packaging. Key facts Around 80 countries of operation Employees 90.000 The Economic value $403.3 billion Operating cash flow $21.1 billion Barrells of oil produced per day 3
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