The Policy Goals of Regulation It is commonly understood that financial regulation should be designed to achieve certain key policy goals‚ including: (a)safety and soundness of financial institutions‚(b) mitigation of systemic risk‚ (c) fairness and efficiency of markets‚ and (d) the protection of customers and investors. These broad goals‚ while clearly important‚ do not take into account an additional factor that has come to be regarded as critical in any well-functioning regulatory system; namely
Premium Bank Financial services Insurance
Nike: The Sweatshop Debate analyzes the legal‚ cultural and ethical challenges confronted by global business and will also examine the roles that host governments have played while summarizing the strategic and operational challenges facing global managers at Nike. Having standards in place will protect the organization from a major crisis like the one formally faced by Nike. Philip Knight and Bill Bowerman created the world’s largest sportswear company‚ Nike‚ in 1962. Nike now controls more than
Free Minimum wage Employment Third World
S. Carrell‚ Carolyn L. Johnson‚ Len C. Stanley‚ Juliet Thompson‚ and Sandy Tosti INTRODUCTION Public policy is a potentially powerful tool for changing individual and group behaviors (Jason et al.‚ 1991). Through ordinances‚ regulations‚ and other policies‚ local governments can influence a wide variety of behaviors concerning the promotion‚ sale‚ and consumption of tobacco products (Bierer and Rigotti‚ 1992; Thompson et al.‚ 1990-91; U.S. Department of Health and Human Services‚ 1991). Creating
Free Tobacco Nicotine Local government
Political Analysis With the increased monitoring and enforcement of labour practices; Nike being in the public spotlight and subject to negative publicity on their subcontracted factories is forced to readjust the working conditions of their cross ocean factory workers to abide with proper regulations. This has caused Nike to modify their factory standards and employee working conditions by; limiting the maximum hours worked a week‚ implementing proper ventilation systems to filter out toxic fumes
Premium Public relations Public Factory
Advertising Regulation The strength of the self-regulatory system lies in both the independence of the ASA and the support and commitment of the advertising industry‚ through the Committee of Advertising Practice (CAP)‚ to maintaining the high standards laid down in the Advertising Codes‚ which are designed to protect consumers. Today‚ the UK advertising regulatory system is a mixture of * Self-regulation for non-broadcast advertising * Co-regulation for broadcast advertising. The ASA
Premium Advertising Broadband Internet access
HITTING THE WALL: NIKE AND INTERNATIONAL LABOR PRACTICES Jeff Ballinger is a labor activist since high school who believes that any company should have a significant obligation towards even its lowliest workers. While being assigned to run AAFLI (Asian-American Free Labor Association) he was charged to investigate labor conditions in Indonesia plants and study minimum wage compliance by American companies. He chose Nike as his main target in effort to change labor conditions in manufacturing
Premium Minimum wage Wage Politics of Indonesia
The Electricity Wiring Regulations 2007 Issued by: the Regulation and Supervision Bureau for the Water‚ Wastewater and Electricity Sector in the Emirate of Abu Dhabi www.rsb.gov.ae Revision 1 January 2009 Regulation and Supervision Bureau for the Water‚ Wastewater and Electricity Sector in the Emirate of Abu Dhabi Tel: +971 2 642 6777 Fax: +971 2 642 4217 P.O. Box: 32800 Abu Dhabi‚ U.A.E e-mail: bureau@rsb.gov.ae www.rsb.gov.ae Foreword The Regulation and Supervision Bureau (the Bureau)
Premium Electrical engineering Electrical wiring Electricity distribution
Act (OBRA) of 1987; established regulations for nursing homes receiving federal funding that includes reimbursements from Medicare or Medicaid programs. It was signed by President Ronald Reagan‚ and it was the first major revision to the federal standards for nursing home care since the creation of both Medicare and Medicaid in 1965. This legislation changed the legal expectations of nursing homes and their care. If nursing homes do not comply with these regulations they cannot receive federal reimbursement
Premium Nursing home Nursing Medicare and Medicaid
Bank Supervision and Regulation In order for the United States economy to be successful‚ there has to be some kind of regulations in place. If there is a stable and sound financial system in place‚ that will increase the effectiveness of the economy and also increase the effectiveness of monetary policy. The institution that is in charge of supervising and regulating financial institutions is the Federal Reserve. Bank supervision includes things such as monitoring and examining the condition
Premium Federal Reserve System Bank Mortgage loan
sculpture is Nike of Samothrace‚ now located in the Louvre museum in Paris. It is a demonstrative‚ and powerful sculpture which encapsulates everything great about Ancient Greece. The sculpture is made of Rhodian marble‚ stands 2.45 meters tall and 2.35 meters wide including its wings (Burn‚ 2004‚ p. 89). Nike’s sculptor is not well known‚ however it is presumed to have been constructed by the sculptor Pythokritos (Pollitt‚ 1986‚ p. 114) during the early second century BC. Discovering Nike was discovered
Premium Hellenistic civilization Louvre Nike