Corporate Governance refers to the way a corporation is governed. It is the technique by which companies are directed and managed. It means carrying the business as per the stakeholders’ desires. It is actually conducted by the board of Directors and the concerned committees for the company’s stakeholder’s benefit. It is all about balancing individual and societal goals‚ as well as‚ economic and social goals. Corporate Governance is the interaction between various participants (shareholders‚ board
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The relationship of audit techniques‚ audit procedures and assertions Audit technique - are the basic tool or means employed to obtain audit evidences. Audit procedures - are the application of audit techniques. Assertions – are representation of management as to the fairness of the financial statements. Audit Techniques Audit Procedures Assertions Count Counting of inventory‚ cash securities‚ unmatured‚ promissory note (to establish existence and where applicable‚ ownership
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topic following recent corporate scandals‚ which may also be interpreted as the demise of shareholder theory (a manager’s duty is to maximise shareholders’ returns) and the rise of stakeholder theory. The shareholder theory and the stakeholder theory are two patterns that stand out as
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Safai Karamchari: Analysis from health perspectives Introduction As human beings‚ health is very much matter of concern these days at a time when all stakeholders related to this has failed to provide adequate services to people. Of these people‚ Safai karamchari has known to be in the list of vulnerable category that has been deprived from basic amenities at work place for many years even after intervention by government. It is being said at political and social level that there is need to take
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New Era University Vantage Education Management Online University GUIDE AND BASIS TO STUDY (GBS) Course: | Subject and Descriptive Title: Political Science 2 Politics and Governance and the New Constitution | SY:2012-2013 | Term:First Semester | Session Date: | Session Number:Week 15 of 18 | Topic: Article 11‚ 12 & 131. Art. 11 on accountability of public officers2. The underlying principles‚ bases of accountability3. The impeachable public officers
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EXTRACTIVE INSTITUTIONS • Good governance Is directly related to institutional stability and the breakdown in the institutional development is a major cause behind bad governance • The issues like institutional development‚ institutional stability‚ institutional balance and accommodation have affected Pakistan • Institutional imbalance It is the need for all institutions to work within their ambit Inclusive institutions These are the ones 1. Where plurality and greater participation
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business‚ there are 3 levels of ethics: the ethics of the governing body‚ workplace ethics and individual ethics (Trevina & Nelson‚ 2011). A governing body usually is made up of a board of directors‚ whose aim in the company is to make good corporate
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“AN OILY AFFAIR” EXAMINING THE LEGALITY OF THE NIGER DELTA AMNESTY PROGRAMME By Christopher O. Ogundare (ESQ)( [pic] The Niger Delta Region showing Ondo‚ Edo‚ Delta‚ Rivers‚ Bayelsa‚ Cross River and Akwa Ibom States and and contiguous South Eastern Region (Owerri‚ Aba‚ Umuahia‚ and Onitsha) INTRODUCTION The Niger Delta crisis traces its origins to the perceived injustices which its propagators felt was meted out on the Niger Delta region‚ born out of the discovery of
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abysmally at the bottom among South Asian States as it lost 8.3 per cent of its GDP or Rs. 820 billion during last year owing to bad governance.” The report also pointed out that GDP could have been higher by three percent or around Rs. 450 billion‚ had there been no shortage of power and water that has adversely affected the national economy. Today‚ bad governance has emerged as a much bigger challenge for the nation. Maladministration is not just limited to administrative failure but it also promotes
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1.Vision .Most good leaders have great vision. They know where they want to go and they know how to motivate people to believe in this same vision they have for their community‚ country and their lives. They view things as what they could be and not what they are. 2. Wise Being a good leader usually means that they have to make critical calls at assorted points in their organization. Having the knowledge to make the correct call is crucial in making sure the organization is successful. Good leaders
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