THE UNIVERSITY OF ADELAIDE COMMLAW 7011 CORPORATE LAW (M) BUSINESS SCHOOL Week 3‚ Semester 1‚ 2012 TUTORIAL QUESTIONS WEEK 3 (Commencing Monday 12 March) Acknowledgement: These Tutorial Questions were originally devised by Martin Markovic‚ Senior Lecturer‚ Business School‚ University of Adelaide. Question 1 A‚ B and C are long time friends from University days. They share common interests especially with respect to
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characteristics of a typical entrepreneur are irreconcilable with a corporate career. Large organisations are by their nature bureaucratic and as such promote an environment in which the entrepreneur cannot survive. Prepare a discussion paper in essay style in which you survey the arguments for and against the above quotation‚ and then justify your own position. In your answer‚ provide very many examples of entrepreneurs and corporate managers‚ from your reading and your own experience‚ to illustrate
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Corporate Culture (a) What do you think is the dominant corporate culture in your organization? Describe some of the features of this culture‚ what shaped them‚ and comment on their effects (both positive and negative) on organizational performance and staff behaviour and motivation. (b) Could some of the negative cultural features be changed or minimized? If yes‚ describe how you would go about changing them using any change model you like and what resources/support are needed. Suggest the
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Summary Case : “Ethics : A Basic Framework” Business ethics are basic moral principles that guide both people and companies behaviour in business world. Ethics in business are important because it has important implication for company’s function as an organization‚ ability to manage risk‚ and company reputation in marketplace. Ethcis become important in make company reputation because market participants are often make ethcial judgement about the company and some will even be rewarded or punished
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Evolution of Corporate Governance in India and Abroad Introduction Corporate governance issues have attracted considerable attention‚ debate and research world wide in recent decades. Almost invariably‚ such efforts gain momentum in the wake of some major financial scam or corporate failure‚ as these tend to highlight the need for tighter surveillance over corporate behavior. Corporate governance has wide ramifications and extends beyond good corporate performance and financial propriety though
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problems within an organization. Ans: False Response: See page 10. 2. Good character is the main factor determining whether an individual acts ethically within an organization. Ans: False Response: See page 11. 3. Federal laws define what is ethical. Therefore‚ all unethical behavior is considered unlawful. Ans: False Response: See page 17. 4. Both characteristics of the organization and the individual contribute to unethical behavior. Ans: True Response: See page 15.
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CORPORATE GOVERNANCE INTRODUCTION This corporate governance statement describes our corporate governance framework‚ policies and practices as at 4 November 2013. Framework and approach Our approach to corporate governance is based on a set of values and behaviours that underpin day-to-day activities‚ provide transparency and fair dealing‚ and seek to protect stakeholder interests. This approach includes a commitment to excellence in governance standards‚ which Westpac sees as fundamental
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Corporate governance Two definitions: ASX CGC: rules‚ relationship‚ systems and processes help a company to monitor and assess risk‚ optimize performance‚ create value and provide accountability. A narrow definition which consistent with agency theory focuses on relationship between company and shareholders. OECD: a system a company can be directed and controlled‚ specify rights‚ responsibilities and rules; set and achieve objectives and monitor performance. A board definition consider relationship
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Preliminary Draft - Comments Welcome CORPORATE SOCIAL RESPONSIBILITY: DOING WELL BY DOING GOOD?* RAY FISMAN GEOFFREY HEAL VINAY B. NAIR# Abstract We provide a framework for analyzing corporate social responsibility (CSR). Our model of CSR in this paper has two important ingredients – CSR is at least in part a profit motivated decision; and different CSR activities are aimed at different audiences. We examine the implications of our framework using a ‘visible’ CSR index that captures
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Ethics Week 1 Assignment Choice 2 A married couple‚ both addicted to drugs‚ is unable to care for their infant daughter. She is taken from them by court order and placed in a foster home. The years pass. She comes to regard her foster parents as her real parents. They love her as they would their own daughter. When the child is 9 yrs. old‚ the natural parents‚ rehabilitated from drugs‚ begin court action to regain custody. The case is decided in their favor. The child is returned to them‚ against
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