TERM PAPER: CHALLENGES OF EFFECTIVE CORPORATE GOVERNANCE IN KENYA – A CASE FOR COMPANY XYZ‚ A LISTED MOTOR DEALER EXECUTIVE SUMMARY: This paper explores the challenges of effective corporate governance in the Kenya and how to address the irregularities experienced in the recent years. It examines the crucial role played by the Capital Markets Authority (CMA)‚ as a regulator of the Nairobi Securities Exchange (NSE) in addition to the role of the NSE in ensuring proper compliance to the Regulator’s
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Explain what a corporate treasury is? Explain the interfaces between a firm treasury and its bank. * Credit VS Transactional approaches to bank relationship management. Key areas of focus include: -Relationship bank relations (primary banking) -Bank account analysis -Bank account management -loan covenants -Collateral management Indicate where treasury typically fits in the organizational structure of a firm. Treasury management committee‚ treasury personnel and treasury department
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capital is spent‚ how resources are allocated and what endeavours are undertaken by the company but do not themselves own the capital or resources. Experts in corporate and securities law‚ management consulting and academia have wrestled with reconciling the divergent interests of those who own corporations and those who control them. The corporate scandals - ENRON (2001)‚ WORLDCOM (2002)‚ Vivendi (2002) and Tyco (2002) - have shown that there are unresolved tensions. Whilst at the banquet of statutory
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Initial Corporate Document ------------------------------------------------- Scents for Cents Firm Number: ADV51 Prepared For: Michael Manjuris GMS 850 - Global Management Strategy February 10‚ 2012 Strategy: Low Cost Production Strategy Form of Company: Classical Firm Vision Statement: (1)We wish to achieve an NPV ranking with the top ten advanced firms by Quarter 4‚ 2014. (2) We also want to attain a debt/equity ratio of 1.2 and maintain it until Quarter 4‚ 2014. (3)
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An insight into corporate culture & its role in promoting efficiency in a global economy Liandri Boonzaier Matrikel nr: 2585923 Theory of the Firm Porf. Dr. Christian Cordes 1 INDEX 1. Introduction……………………………………………………………………Page 3 2. Important elements of Edgar Schein’s theory on corporate culture 2.1 Definition of corporate culture………………………………………..Page 3 2.2 Levels of corporate culture…………………………………………....Page 3 2.3 Origins of organizational culture……………………………………..Page 4 2.4 Strength of organizational
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Introduction: The past decade has been witness to some of the worst accounts of corporate fraud ever recorded‚ with multi-billion dollar companies such as Enron‚ Tyco‚ and World-com involved in serious financial scandals. CEOs and senior executives are often the driving force behind such unscrupulous activities by adopting shady accounting practices and other forms of short-termist actions for the purpose of increasing their firm’s stock price and their own personal wealth. The following paper will
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Good governance is an indeterminate term used in international development literature to describe how public institutions conduct public affairs and manage public resources. Governance is "the process of decision-making and the process by which decisions are implemented (or not implemented)".[1] The term governance can apply to corporate‚ international‚ national‚ local governance[1] or to the interactions between other sectors of society. The concept of "good governance" often emerges as a model
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Amway banks on corporate campaign Vinson Kurian THIRUVANANTHAPURAM‚ Oct. 22 THE direct selling company Amway India‚ which has relied mostly on word-of-mouth campaign for publicity‚ has now embraced the corporate advertising paradigm‚ but in a `limited’ manner. "We are well on our way of accelerated growth in the country. Corporate advertising at this stage would be most beneficial to our distributors‚ prospective distributors‚ customers and prospective customers‚" Mr William Pinckney‚ Managing
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If the board of directors have been more involved then I think maybe they would have caught on that there were fraudulent and unethical activities happening. However‚ since they were not proactive they were not able to stop the misbehavior from the company’s employees. The board of directors were to be held with as much fault as the culpants. The tax evasion‚ inflated profits‚ commingling of assets was illegal and the unauthorized bonuses that they were handing out were not authorized‚ but they still
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Module Corporate Governance Business Ethics & CSR H9CGBE: Corporate Governance Business Ethics & CSR Extra Header Data Module Delivered in Programme Code MBA MSCMGMTD MSCMRKD PGDMGT Programme Master of Business Administration Msc in Management MSc in Marketing Postgraduate Diploma in Science in Management Semester 2 1 1 2 Delivery Mandatory Mandatory Elective Mandatory Module Delivered in Programme Code MBA MSCMGMTD MSCMRKD PGDMGT Programme Master of Business Administration Msc in Management
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