Enron‚ board governance and moral failings Gerald Zandstra Gerald Zandstra is Director of Programs at the Acton Institute for the Study of Religion and Liberty‚ Michigan‚ USA. Keywords Directors‚ Ethics‚ Responsibility‚ Corporate governance Abstract The failure of the Enron Corporation has brought attention to the roles played by the chief executive officer and other executives of the modern corporation. Its failure has also produced discussion of further regulations that will‚ it is hoped‚
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1. Which one of the following is a means by which shareholders can replace company management? A. stock options B. promotion C. Sarbanes-Oxley Act D. agency play E. proxy fight 2. Decisions made by financial managers should primarily focus on increasing which one of the following? A. size of the firm B. growth rate of the firm C. gross profit per unit produced D. market value per share of outstanding stock E. total sales 3. Which one of the following is the financial statement that
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Clinical governance is defined as “A framework through which NHS organisations are accountable for continuously improving the quality of their services and safe-guarding high standards of care by creating an environment in which excellence in clinical care will flourish.” Clinical governance incorporates quality assurance‚ quality improvement and risk and incident management. It also monitors and helps to ensure that the standards of care are maintained and‚ if necessary‚ improved. Clinical governance
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October 28‚ 2010 Message from the President Management Emphasis on CSR Yamaha Corporation Group CSR Policy Group-wide Quality Management System Corporate Governan Compliance Group-wide Quality Assurance Structure Quality Management System Quality Risk Management Quality Improvement Measures Stronger Customer Support System Improving Convenience by Standardizing Customer Helpdesks Policies for Retained Earnings and Returns to Shareholders Proactive Investor Relations Efforts to Promote
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RECENT CORPORATE SCANDALS IN MALAYSIA Air-freight firm Transmile Group Berhad hit the business news headline for the wrong reason in 2007. The share price suffered turbulence when it was revealed that auditors of Deloitte & Touche were unable to substantiate the accounts of year 2006. The fraud was discovered after a special audit conducted by Moores Rowland Risk Management Sdn. Bhd.‚ stating that the company has been overstating its revenue between the periods of 2005-2007 to reduce the net loss
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Corporate Governance Review at least one article in the University’s online library dealing with corporate governance. Determine the relationship of the firm’s governance and the firm’s strategic plan. How does governance manage the plan‚ inform the plan‚ amend the plan‚ and/or direct future action of the firm using the plan. Support your position with other peer-reviewed articles from the Ashford University Library. Submit your findings in a three to four page APA style paper. Introduction
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Running head: MCBRIDE FINANCIAL SERVICES GOVERNANCE EVALUATION McBride Financial Services Governance Evaluation McBride Financial Services Governance Evaluation This paper will introduce possible corporate governance problems that led up to the scandals in the early 21st century. McBride‚ an online mortgage financial services organization‚ might be allured by tempting‚ unethical practices if they choose not to accept a previously proposed solution to their organizations’
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objectives. Henceforth‚ corporate social responsibility commits a significant role towards the sustainability of corporations. Both corporate social responsibilities and sustainability‚ and its related concepts influence all aspects of business. Chandler and Werther (2010) acknowledge the understanding of corporate social responsibilities as an aim to define the future of our society. However‚ the apprehension of corporate social responsibility determines the corporate governances. As the question arises
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DMC COLLEGE FOUNDATION Sta. Filomena‚ Dipolog City GOOD GOVERNANCE & SOCIAL RESPONSIBILITY ( Mgt. 6) Instructor: Mr. R. T. Nocete Semester: Summer E-mail: viper@yahoo.com School year: 2011 Consultation hours: 8:00-10:00AM M-F Time / Day / Rm.: 10-12M-F/NB210 Course Pre-requisite: None No. of Units: Three (3) Course Description: This course is designed to inform and stimulate thinking on issues of ethics and social responsibility encountered in
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to manage the company. At the same time‚ they also believe that the managers are good stewards of the company and they work hard to achieve high level of profits and shareholders’ returns. B) Development of Corporate Governance in Singapore After the Financial crisis in 1997‚ Singapore Government‚ mainly the Ministry of Finance (MOF)‚ the Monetary Authority of
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