THE BENEFITS OF SARBANES-OXLEY AND CORPORATE GOVERNANCE MEASURED AGAINST THE COSTS Salim Motala A research project submitted to the Gordon Institute of Business Science‚ University of Pretoria‚ in partial fulfilment of the requirements for the degree of Master of Business Administration. 14 November 2007 ABSTRACT The Sarbanes-Oxley Act of 2002 (SOX) is the only legislated corporate governance structure‚ and is aimed at increasing investor confidence in public companies by forcing them
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moderately high level of income inequality within the economy. The benefits of income inequality may be that it encourages the labour force to increase education and skill levels and it also encourages the labour force to work longer and harder. Some of the economic costs of inequality may be that inequality reduces overall utility and it can reduce economic growth. Subsequently there are mainly economic benefits of inequality‚ but social costs are involved. Whilst theory suggests that greater growth may
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have done above is a “full-cost” analysis. This is in contrast to a “direct-cost” analysis that ignores overhead costs. Is full cost the right metric for job profitability and customer profitability? What assumptions are we making about the variability of overhead costs when we do a “full-cost” analysis? By allocating the overhead costs to jobs and customers there is an implicit assumption that these are variable with the cost driver. In reality‚ some of the overhead costs are fixed‚ at least in the
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The Sydney Olympic Games held in 2000 was perhaps one of Australia’s major investments. The event involved Private‚ Social and External costs and benefits. The NSW government experienced the Private costs. Financially‚ the government spent around $1.7 billion dollars on the event‚ which included the sporting facilities‚ advancing the city’s streets‚ transport organisation and the village. The takings received for the event‚ however‚ was around $6 million. The profits are still being made today‚
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The cost benefit analysis of Plug In hybrid electric vehicles includes a comparison between the lifetime of the vehicle and the ownership cost. Here the cost of ownership includes the cost of consumption of energy as well as the retail cost‚ but excludes the differences in cost of maintenance. A high cost of 5 USD per gallon of gasoline is assumed for the near term scenario. The cost of consumption of electricity is assumed to be 0.09 USD per Kilowatt-hour.[29] 7. GOVERNMENT INCENTIVES Since reduction
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Existentialism: A Theoretical Orientation Jared Smith Nevada State College In the mental health profession‚ there are many theoretical approaches available to therapists to help them in understanding their clients. These theoretical approaches‚ “provide a frame work for conceptualizing client problems and determining a course of action in counseling” (Erford‚ 2010). Existentialism is one of many theoretical orientations of the mental health profession within the human services industry available
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Running Head: DISCRIMINATION HR Management Issue – Sexual Orientation Discrimination Table of Contents Introduction ……………………………………… . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Sexual Orientation Discrimination Definition ……………………………………… . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Explanation of Topic ……………………………………… . . . . . . . . . . . . . . . . . . . . . . . 3 Background of Issue ……………………………………… . . . . . . . .
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Program Objective The objective of the site orientation is to make certain new employees feel welcomed to the company‚ have an opportunity to connect with new colleagues at the site level and understand how hospice holistically works from a team perspective. Program Deliverables By the end of the orientation all participants will be able to: 1. Foster an understanding of the company culture‚ organization values‚ and performance expectations. 2. Understand how strong company culture helps Harbor
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not value its people." (Wexley). When an employee joins the organization‚ the company has the opportunity to make or break the relationship. That is why organizations are starting to realize the importance of implementing a proper new employee orientation. It enables the employee to assimilate more easily to the organization and become a key contributor while giving the corporation a competitive advantage by reducing the turnover and increasing the productivity of their new hires. In a tight labor
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Steinway Strategic Orientation April 14‚ 2013 Steinway Strategic Orientation Steinway & Sons‚ also known as Steinway‚ is an American and German manufacturer of handmade pianos. German immigrant Heinrich Engelhard Steinweg founded it in 1853 in New York City. The company ’s growth led to the opening of a factory and employee village in what is now Astoria‚ Queens in New York City‚ followed by a second factory in Hamburg‚ Germany‚ in 1880. Heinrich Engelhard Steinweg ’s dedication was "To build
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