EFFECTIVE CORPORATE GOVERNANCE Presented by: Alfesany Ahmed Complience Manager Pret A Manger Ltd. Birmingham‚ UK Contents Introduction Corporate Governance The importance of responsible Corporate governance The regulatory requirements that shapes the effective corporate governance in regulated company The impact of regulatory requirements on pret A manger stakeholders interests Conclusion Reference Pret a Manger was opened in Hampsted‚ London‚ UK in 1984 by Jeffrey Hyman
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Corporate Governance is a concept in which it has been existence for decades; although not in the exact form that it has come to be understood today (Anandarajah‚ 2001). The term corporate governance was introduced in Malaysia in 1997 during the Asian Financial Crisis. It also drew the public’s attention on the weaknesses of the Malaysian corporate governance practice (Nor Azizah Zainal Abidin‚ 2007). Besides that‚ the downfall of Sime Bank‚ the Bumiputera Malaysian Finance (BMF) scandal‚ the irregularities
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LEADERSHIP‚ GOVERNANCE AND ETHICS ASSIGNMENT LEADERSHIP DEVELOPMENT PLAN Table of Contents | Page | 1. Introduction | 3 | 2. Literature Review | 3 | 2.1 The nature of leadership | 3 | 2.2 Leadership theories | 3 | 2.3 Blake and Mouton Managerial Grid Model | 4 | 2.3.1 The Managerial Grid Concept | 4 | 2.3.2 Five different leadership styles | 4 | 2.3.3 Strengths and Weaknesses of the
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Signature: | Date: 18 – 02 -2013 | Title An investigation into governance and compliance challenges facing financial service cooperatives in the Eastern Cape Province. Aim of the study * The aim of the study is to investigate the challenges cooperatives have in maintaining good governance and impact on comply with the legal framework. Objectives * To investigate practices of good governance in terms of defining and upholding the cooperative principles and the legal
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Chapter Title: Corporate Governance in Bangladesh 5.1 Prelude Corporate Governance‚ the most talked about phrase of today around the world‚ is a relatively new concept in South Asia. The extremely impressive growth rates from the mid 1980s to 1996‚ effected by prudent fiscal policies‚ booming export trade‚ high savings and investment and relatively good infrastructure of South-East and East Asian Corporate entities have left little to bother about governance. It was the financial crisis of
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INTRODUCTION Large companies are often complex in themselves‚ however even with the best of circumstances‚ influences both internal and external frequently wreak havoc upon the organization itself. Patchwork fixes‚ quick workarounds and modifications can often leave systems unruly and vulnerable. This more often than not results in unnecessary and cumbersome trials to not only maintain the existing system but also to ensure the add on does not adversely affect the surrounding systems. In addition
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Case Study 1 Ethics and Local Governance Intro To Info Technology 01MAY13 In the London Borough of Bren customer data records were kept in twelve different areas all of which were incomplete. This caused a lot of incorrect assumptions on the part of the workers. It had become a hassle and very time consuming. So they decided to use an American company program to consolidate each of these records into one convenient online record management system. They were really pleased with the outcome they
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VIGILANCE AND E-GOVERNANCE Vigilance means watchfullness or to bring awareness. Vigilance came into existence mainly for the purpose of fighting corruption. Corruption involves misuse of power ‚ money ‚government property etc. Though corruption can’t be brought down to zero level‚ we can try to bring it as low as possible. This can be ensured by watchfulness‚ caution and vigilance. Or in other words it can be achieved by E-Governance. E-Governance is the use of various modern information
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The Royal Bank of Scotland Case Nicole Kraemer (413991) The rise and fall of the Royal Bank of Scotland is characterized by poor corporate governance which allowed for the complete dominance of the executive management over the board of directors and a massive principal-agent problem. Positive social dynamics and the power of weak ties allowed for compliance while intimidation and bullying tactics silenced questions‚ concerns and opposition. The board’s utter compliancy and borderline negligence
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“Poor governance leads to‚ and encourages and breeds‚ corruption in a number of ways‚ for instance through bribery and extortion‚ nepotism and fraud and embezzlement‚ It reduces the efficiency on which an economy depends‚ and by increasing the cost of investment‚ lowers the potential return. It also reduces the government’s resources and hence its capacity for investment. Common to other South Asian countries‚ corruption in Pakistan is unique because it occurs up stream‚ it has wings which
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