COLOGNE BUSINESS SCHOOL (CBS) Case Study: Ryanair The future of the leading low fares airline Term paper for Transnational Management Summer Semester 2014/2015 Lecturer: XXX Anton Wischnewski BA12 in International Business / International Trade Student-No. XXX Table of Contents 1 Introduction ....................................................................................................2 2 Overview of Ryanair ..........................................................................
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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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A Study on Effective Implementation of Internal Audit Function to Promote Good Governance in the Public Sector Zeleke Belay (BA‚ BSc‚ ACCA‚ MSc‚) Lecturer at College of Telecommunication and Information Technology Department of Telecommunication Management Email: zelekebly@yahoo.com Mobile: 251 9 11 66 98 61 Office : 251 11 416 99 00 P.o Box: 1413‚ Code 1110 Addis Ababa Presented to the “The Achievements‚ Challenges‚ and Prospects of the Civil Service Reform Program Implementation in Ethiopia”
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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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MTV make use of their global strategy and corporate governance in order to maintain their competitive advantages in the next three till five years?” LG1 What is a global strategy and what types do you have? (Pros/Cons + Cultural and Ethical aspects) Source 1: Hill‚ J. & Jones R. (2010)‚ Theory of Strategic Management‚ Ch. 8‚ South- Western: Cengage Learning Source 2: Johnsen‚ G. Scholes‚ K. & Whittington‚ R. (2008)‚ Prentice Hall Exploring Corporate Strategy 8th edition‚ Ch. 13‚ Pearson Education
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CORPORATE GOVERNANCE OF HONGKONG 1. Overview of recent corporate governance reforms A. Recent initiatives There have been numerous recent changes in Hong Kong in relation to corporate governance matters‚ extending well beyond legislation and nonbinding codes. The roles of relevant regulators have also been examined and proposed changes made. As far as legislation is concerned‚ the most significant change is the introduction of the Securities and Futures Ordinance‚ which came into force on
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Global Transformations: Politics‚ Economics and Culture. Cambridge: Polity. 1-31 R Roulier‚ ¡§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
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CORPORATE GOVERNANCE What is Corporate Governance? It is a set of systems‚ principles and processes by which a company is governed. It provides guidelines as to how the company can be directed or controlled so that it can fulfil its goals and objectives in a manner that adds to the value of the company and is also beneficial to all the stakeholders in the long run. The term was first used by Robert Ian in his book in the year 1984. It addresses the issues facing the Board of Directors such as
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importance of corporate governance in organizations With the recent financial crisis‚ companies’ defaults and crushes‚ the importance of corporate governance has risen significantly. Corporate scandals that have impacted companies all over the world have led to the re-examination of the role of corporate governance in their day to day operations. The Organization of Economic Cooperation and Development (OECD‚ April 1999) defines corporate governance as follows: "Corporate governance is the system
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Definitions of corporate governance B. Theories behind corporate governance 1. Agency problem 2. Stewardship theory 3. Resource dependency theory 4. Stakeholder theory 5. Political theory 6. Transaction cost economics 7. Ethical theory C. Principles of corporate governance D. SOX Act‚ E. Enron Scandal‚ Conclusion I. Introduction: The concept of corporate governance in legal and economic terms is equivalent to “the defense of shareholders”. Corporate governance is the response to
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