[Dec-13] [MPRBA 203C/MPCBA 203C/MPRHR-203B] MBA‚ Twinning MBA (CMU) & MHRM Degree Examination II TRIMESTER ETHICS IN BUSINESS AND CORPORATE GOVERNANCE (Effective from the admitted batch 2013–14) Time: 3 Hours Max.Marks: 60 --------------------------------------------------------------------------------------------------Instructions: All parts of a section must be answered in one place only. Figures in the right hand margin indicate marks allotted. ---------------------------------------------
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SEC Building‚ EDSA‚ Greenhills Mandaluyong City SEC Memorandum Circular No. 6 Series of 2009 REVISED CODE OF CORPORATE GOVERNANCE Pursuant to its mandate under the Securities Regulation Code and the Corporation Code‚ the Securities and Exchange Commission (the “Commission”)‚ in a meeting held on June 18‚ 2009‚ approved the promulgation of this Revised Code of Corporate Governance (the “Code”) which shall apply to registered corporations and to branches or subsidiaries of foreign corporations
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¡§Governance Issues and Banking System Soundness¡¨‚ Banking Soundness and Monetary Policy‚ International Monetary Fund (1997) at 450 Justin O¡¦Brien‚ ¡§Governing the Corporation¡¨‚ Publisher Weliy 2005‚ Chapter 2 Stephen S Cohen and Gavin Boyd ¡§Corporate Governance and Corporate Performance¡¨‚ Corporate Governance and Globalisation: Long Range Planning Issues‚ Edward Elgar Publishing Ltd (2000) at 59 ¡V 94. 1 http://www.gov.cn/ziliao/flfg/2005-10/28/content_85478.htm Jim Collin ¡§Good to
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THE JOURNAL OF FINANCE • VOL. LXVII‚ NO. 1 • FEBRUARY 2012 Information Disclosure and Corporate Governance BENJAMIN E. HERMALIN and MICHAEL S. WEISBACH∗ ABSTRACT Public policy discussions typically favor greater corporate disclosure as a way to reduce firms’ agency problems. This argument is incomplete because it overlooks that better disclosure regimes can also aggravate agency problems and related costs‚ including executive compensation. Consequently‚ a point can exist beyond which additional
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Corporate Governance Blueprint 2011 Towards Excellence in Corporate Governance Suruhanjaya Sekuriti Malaysia 3 Persiaran Bukit Kiara Bukit Kiara 50490 Kuala Lumpur Malaysia Tel: 603-6204 8000 Fax: 603-6201 5078 www.sc.com.my Copyright © July 2011 Securities Commission Malaysia All rights reserved. No part of this publication may be reproduced‚ stored in or introduced into a retrieval system‚ or transmitted in any form or by any means (graphical‚ electronic‚ mechanical‚ photocopying
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used to fudge the data. Ex: Enron The company needs to take inspiration from firms like GSK‚ Infy‚ and tata which serve as examples of good CG. GSK * Chairman of board is independent director along with 5 others in in board. Transparency is valued Infosys * Creating wealth legally and ethically Tata * One of the giants and still fascinating governance * In sync with the values * Very elaborate code of conduct Board composition and structure One of the major flaw ways in the
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Legality and Ethicality of Corporate Governance Robert J. Thompson ETH/376 July 8‚ 2013 Tammie Holland Legality and Ethicality of Corporate Governance Case 3-3 at the end of Chapter Three of Ethical Obligations and Decision Making in Accounting provides an example of how legal and ethical issues affect corporate governance. Examining the legality‚ Sarbanes-Oxley Act‚ and ethicality of the activities of this case will ensure the activities of United Thermostatic Controls are equitable
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affirmation? Explain the given statement. Actually‚ shareholders have limited power during the election process even though they are empowered by the statues to elect directors to oversee management. Even if the majority of shareholders oppose a corporate sponsored nominee‚ the person will still be elected as director. CEOs and the board had controlled the power to the nomination and election process until very recently. The independent directors in the nominating committee has provided some structure
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stake and how we choose or priorities between them. An ethical approach to a problem will enquire about end-results and the route or means we use to achieve these objectives together with the relationship between the two (‘end versus means’). Corporate Governance can be defined as a proper structure of rules and practices‚ a reference point to return to where decision making is influenced which invariably helps a company run smoothly reducing confusion‚ ambiguity and ultimately risk. Shareholders own
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CORPORATE GOVERNANCE & RISK MANAGEMENT July 2012 Agenda 1 What is Corporate Governance? 2 What is Risk Management? 3 How do they intersect ? 4 Why is Risk Governance important - What is consequence of failure? 5 What to do (how do we respond?) 5 Discussion 2 1 WHAT IS CORPORATE GOVERNANCE? Corporate Governance • What is Corporate Governance? • There are many definitions. The CBN Code of Corporate Governance defines it as follows: • Corporate governance refers to the processes and
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