ASSIGNMENT NO.1 Subject: CORPORATE GOVERNANCE Topic: Business Ethics scenario Case Study Date: 7th March 2011 Submitted by: Miss. Janhavi R Joshi Submitted to: Professor Mrs. Monica Khanna 1. Receiving a Holiday Gift: A supplier sends a basket of expensive foodstuffs to your home at Christmas with a card: "We hope you and your family enjoy the ’goodies.’". What action(s) might you want to take? Answer: Ethical dilemma: There are two reasons for such generosity from the Supplier
Premium Ethics Business ethics
BUSINESS ETHICS AND CORPORATE GOVERNANCE Assignment on RELEVANCE AND IMPORTANCE OF CORPORATE GOVERNANCE IN FAMILY OWNED BUSINESSES BY Abhijith Sudesh Gujaran FSB 2013003061 Family-Owned Businesses Family-owned businesses are the spine of many economies around the globe and their sustainability is crucial to global economic growth. Many of the world’s greatest corporations were started and are still run by family lines. In fact‚ some of the largest publicly listed companies are family-owned‚ including
Premium Corporate governance Corporation Governance
1. The consistent failures of Jamestown‚ up to a decade after its founding‚ left many people in shock. When we look into the detail in the quality of the people that originally settled in Jamestown‚ we see people of specialized craftsmen: blacksmiths‚ carpenters‚ bricklayers‚ jewelers‚ perfumers‚ etc. These people were skilled and trained professionals in their domain‚ and they expected to be paid accordingly and refused to cooperate in the field labor and other labors outside their field of
Premium Native Americans in the United States Agriculture United States
CHAPTER 1 Goals and Governance of the Firm Answers to Problem Sets 1. a. real b. executive airplanes c. brand names d. financial e. bonds f. investment g. capital budgeting h. financing 2. c‚ d‚ e‚ and g are real assets. Others are financial. 3. a. Financial assets‚ such as stocks or bank loans‚ are claims held by investors. Corporations sell financial assets to raise the cash to invest in real assets such as plant and equipment. Some
Premium Investment Stock Finance
interest of all stakeholders be implemented‚ especially in quoted companies as the failings of the companies had far reaching consequences. Definition and Principles While there is no definition of corporate governance which is universally accepted‚ it was defined by OECD (2004) Principles of Corporate
Premium Board of directors Corporate governance Executive director
A Comparison of Corporate Governance Systems in Four Countries Jüergen Schneider Ernst & Young Deutsche Allgemeine Treuhand AG Siu Y. Chan Hong Kong Baptist University A Comparison of Corporate Governance Systems in Four Countries Jüergen Schneider Ernst & Young Deutsche Allgemeine Treuhand AG‚ Heilbronn branch‚ Germany and Siu Y. Chan* Hong Kong Baptist University‚ Hong Kong * Address of Correspondence: Dr. Siu Y. Chan‚ Department of Accountancy and Law‚ Hong Kong Baptist University
Premium Corporate governance Management Corporation
------------------------------------------------- Table of Content I. List of Table 1 II. List of Figures 1 III. List of Appendixes 3 IV. Abstract 4 V. Chapter 1 - Introduction 5 A. Corporate Governance 5 B. Problem Statement 6 C. Research Objectives 7 D. Research Questions 7 E. Significant of Study 7 VI. Chapter 2 – Literature Review 8 A. Board of Director 8 a. Board Size and Audit Fees 8 b. Board Meeting and Audit Fees 9 c. Role of Duality and Audit
Premium Corporate governance Auditing Audit
Copyright © 2004 Information Systems Audit and Control Association. All rights reserved. www.isaca.org. IT Governance Hands-on: Using COBIT to Implement IT Governance By Luc Kordel‚ CISA‚ RE‚ CISSP‚ CIA‚ RFA 1 I n the past‚ running an IT organization as a support function—a function separate and distinct from the business—was a common practice. Now‚ most IT infrastructure investments and new IT applications span business lines and functions. Some organizations even integrate partners
Premium Management Strategic management
Synopsis This case illustrates the downfall of Satyam‚ one of the biggest IT giants in India‚ because of the fraudulent activities carried out by its founder Mr. Ramalinga Raju and his associates. Business world at that point had garnered immense respect for Satyam in terms of risk management and corporate governance practices and Satyam was ranked as the fourth largest IT Company in India. This was the case before December 16‚ 2008‚ when Satyam promoter Mr. Ramalinga Raju proposed his intent to
Premium Corporate governance Corporation Governance
The Satyam Computer Services embarrassment was a corporate shock that happened in India in 2009 where official Ramalinga Raju conceded that the association’s records had been contaminated. The Global corporate gathering was staggered and scandalized when the director of Satyam‚ Ramalinga Raju surrendered on 7 January 2009 and conceded that he had controlled the records by US$1.47-Billion. In February 2009‚ CBI expected control over the examination and recorded three charge sheets (on April 7‚ 2009
Premium 2009 Mahindra Group Mahindra Satyam