implementing the RTI Act* June 2009 f “…democracy requires an informed citizenry and transparency of information which are vital to its functioning and also to contain corruption and to hold Governments and their instrumentalities accountable to the governed” – Source: RTI Act’ 2005 *connectedthinking pwc Contents Executive summary 3 Introduction 12 Progress made so far 26 Key issues and constraints in implementing the RTI Act 36 Learning from international
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“Do Current Corporate Governance Practices Help Protect Investors’ Interests in Canada?” In the year 1720‚ the British parliament passed the Bubble Act. The act was passed to improve corporate governance and provide investor the protection from the companies making extravagant rumours to inflate stock prices. Over the years‚ many laws have been framed worldwide for protecting the shareholders from manipulations by management. The year 2002 witnessed very big corporate scandals such
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given situation would be Frank Abagnale. While others have been handed such opportunities‚ they refuse to follow that lead. Instead they choose to work the hard way to gain what they desire. Frank abagnale was born on April 27 1948. He was the 3rd out of four kids. He resided in Bronxville‚ New York for 16 years of his life. Even in Frank’s younger years it was evident that he was a very special boy. He had an I.Q. over 140 and nearly had a photographic memory. Growing up Frank strictly partook in private
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Nokia (B): Business Interests vs German Pressures Synopsis of the Case Study Nokia is the world’s largest mobile handset maker commanding a 40% share of the global market. The telecom industry of late has seen increased competition and declining margins. The result is that more and more firms are outsourcing and offshoring. Nokia too has been moving its production to low-cost countries and already has manufacturing facilities in China‚ India and Brazil. The company’s 11 th plant is in Romania
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What is ‘Insurable Interest in a Maritime Insurance Policy’ The term “insurable interest” refers to the benefit (or interest) a person has in an insured object (or person – as in a life insurance insurable interest). This benefit can refer to a financial benefit‚ among others. A person has insurable interest in a thing when he or she would experience some kind of loss (financial or otherwise) if the thing were to be damaged or lost. Say that you have piece of jewelry in your home that is also a
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companies’ owners claimed that the success of business depend on its profitability. However‚ many multinational companies embed business ethic into their operations. The truth is a business that makes nothing but money is a poor kind of business‚ since it may lead to bad reputation of the company‚ violation of law and poor employee performance. Good reputation is vital for companies‚ since customers and investors ought to purchase goods and do business with well-known companies. Having a bad reputation
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Choosing the Right Business Entity By Rosa Martinez Professor Smith English 315 February 24‚ 2012 TRANSMITTAL TO: Small Business Owners FROM: Rosa Martinez DATE: February 24‚ 2012 ------------------------------------------------- SUBJECT: Choosing the Right Business Entity ------------------------------------------------- Enclosed is the Justification Report covering information related to different types of entities that could be chosen to establish a business. Furthermore
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Agency Conflict 2: Stockholders versus Creditors Conflict of interest can also arise between stockholders and creditors. Stockholders may take decisions that increase their return on debt which eventually leads to decrease in the value of the debt. Creditors also have a claim on the earnings and assets of the firm for the payment of interest and principal and in case of bankruptcy. Creditors are providers of long term debt of capital. They lend funds at rates that are based on; 1. The risk of
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Section 1 – Know the employment rights and responsibilities of the employee and employer 1. Identify four main points that would be included in a contract of employment. If possible‚ use an example contract to support your answer (feel free to obscure any confidential information). Four main points that would be included in a contract of employment could be‚ the name of employer and the address of the workplace. The job title and the main duties and responsibilities of the employee will also
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Core Competencies for Effective Executive Coaching By Michael R. Green Saint Mary ’s University of Minnesota Schools of Graduate & Professional Programs Cluster III OL633 Economic and Political Contexts Semester: Summer 2010 Gerald H. Ellis (Jerry)‚ Ed. D. July 7‚ 2010 Introduction and Purpose The purpose of this paper is to analyze the field of Executive Coaching to understand the important competencies required for coaching. More specifically‚ with numerous coaching models‚ unlimited
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