If the board of directors have been more involved then I think maybe they would have caught on that there were fraudulent and unethical activities happening. However‚ since they were not proactive they were not able to stop the misbehavior from the company’s employees. The board of directors were to be held with as much fault as the culpants. The tax evasion‚ inflated profits‚ commingling of assets was illegal and the unauthorized bonuses that they were handing out were not authorized‚ but they still
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just something amazing being able to see it the screen. I always envied directors‚ writers‚ and editors because they make all of the stories we love and remember real. I used to make up stories and create movies‚ which I still do to this day. That is why‚ I vision myself as a movie director. When I was younger‚ cameras and computers surround me. I always was filming myself doing practically anything. I want to become a director‚ because I am very passionate about the art form that is film. Whether
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Title: Case 5 Hewlett- Packard’s Secret Surveillance of Directors and Journalist Martha E Richard Aiken Technical College Abstract Obtaining confidential information by posing as another person was unethical. There are other avenues that could have been assessed to get to the person who was responsible for the leakage in the cooperation to the media. Seeking a private investigation team was an extreme measure in my opinion. What is done in the darkness shall always reveal itself in
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Role of independent director in corporate governance Contents INTRODUCTION “Corporate Governance is the system by which companies are directed and controlled.”1 Corporate governance is integral to the existence of a company. It inspires and strengthens investor confidence by ensuring company’s commitment to higher growth and profits. The overall objectives of governance should be to maximize long term value and shareholders’ wealth
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The Role of a Board of Directors By Jean Kelsey At first glance‚ one might think that the role of a Board of Directors (“Board”) would be based upon a standard set of criteria that would ultimately make the formation and function of a Board more straightforward. As I researched into the special role a Board would have within a non-profit‚ I discovered that the role is also determined by the functionality of that same Board. Functionality of a non-profit’s Board is clearly dependent upon several
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CORPORATE GOVERNANCE - ROLE OF BOARD OF DIRECTORS People often question whether corporate boards matter because their day-today impact is difficult to observe. But‚ when things go wrong‚ they can become the center of attention. Certainly this was true of the Enron‚ Worldcom‚ and Parmalat scandals. The directors of Enron and Worldcom‚ in particular‚ were held liable for the fraud that occurred: Enron directors had to pay $168 million to investor plaintiffs‚ of which $13 million was out of pocket
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Directors’ Fiduciary Duties: A New Analytical Framework ___________________________________ Ernest Lim* INTRODUCTION Prior to the enactment of the Companies Act 2006‚ the equitable principles on directors’ fiduciary duties of loyalty comprising the no-conflict and no-profit rules have been characterised in the form of either a strict or flexible approach.1 Simply put‚ under the strict approach2‚ absent the company’s informed consent‚ liability is automatically triggered if a director enters into
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Nature of Board Level decisions and the contribution of the finance director The performance of any organization‚ may it be for profit or not for profit‚ heavily depends on the decisions that are made by the management of the organization. It is worth noting that decisions made in the organization differ greatly‚ depending on the position of those involved in making those decisions. The board is one body that plays a crucial role in determining the future of an organization‚ based on the nature
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mean that the director of the film is the creative intelligence who shapes the entire film in a manner parallel to how we think of literary works being authored. In his essay‚ ‘Notes on The Auteur Theory in 1962‚’ Andrew Sarris‚ one of the key proponents of Auteur theory corroborates the above position as he posits that one of the premises of the Auteur theory is the distinguishable personality of the director as a criterion of value. He argues: Over a group of films‚ a director must exhibit
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By: Thomas Kallergis Film Critique: Analyzing the Star or Director Through Their Films Spike Lee - Modern Star Director - She’s Gotta Have it‚ Crooklyn‚ Inside Man Spike Lee‚ born Shelton Jackson Lee‚ is a modern Black director who was born in Atlanta‚ Georgia but grew up in Brooklyn‚ New York. It can be said that Mr. Lee is not one to shy away from controversy‚ be it in his films or public statements. The production company that Mr. Lee founded is called “40 Acres and a Mule” referring to
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