Corporate governance

1 .Phoenix overview Phoenix It Group is one of the UK’s leading providers of hosting, Cloud, managed IT services and business continuity. The company has been established in 1979 as Phoenix Computers Limited as a designer and manufacturer of computer hardware and through a number of acquisition broadened the scope of services to end us at the point where it is at the moment in 2012 after merge with ICM. The business is split into three business units – Business Continuity, Managed Services and…

The agency theory (Jensen, 1976) is a presumption that explains the relationship between principals and agents in business. The agent represents the principal in a business transaction and is expected to represent the best interests of the principal without regard for self-interest. An agency relationship is fiduciary in nature, and the actions and words of an agent exchanged with a third party bind the principal. Agency theory is concerned with resolving problems that can exist in agency…

Ongoing relations with Politicians and cruise line operators are essentials. Politicians are directly involved on expanding and creating ports, taxes, environmental fees, trade restrictions and tariffs. These projects need the backing from the Politicians. Without agreements with governments, cruise operators would not be able to conduct business in their countries. Governments and Political factors work hand and hand in the cruise industry. Each countries government is in communication with…

I. PARTIES TO THE CASE: IBP, Inc. v. Alvarez, 546 U.S. 21 (2005) the plaintiff of this case is Gabriel Alvarez, Individually and on behalf of all other workers of Packing plant in Pasco, Washington. The employees had a class action lawsuit against the defendant Barber Foods and IBP. II. FORUM: In two separate cases, the employees of the packing plant sued Berber Foods and IBP in the United States Court of Appeals for the Ninth Circuit. III. STATUTE(S) INVOLVED IN THE CASE: the statutory of the…

The Phar Mor situation is something that I feel happens a lot with companies and corporation, but on a much smaller scale. Therefore, I wasn’t surprised that the company was able to pull off such a scam for so long. I was more surprised at the fact that it involved the entire management group and that out of all of the people no one was honest or brave enough to put a stop it or expose it. I feel that more people should have been punished in this case because so many people knew about the…

Stephanie has a duty to lead in the footsteps of Jack Donally following the account of achievements made by the colossal leader. Donally elevated the company from a small entity into a global company. The company grew into multi-billion worth of sales with the manufacture for medical products and artificial limbs. This is a force that Stephanie should reckon with and the new leader must preserve and relive the legacy created by Donally. Consider the leadership style that Donally used and what…

Crimes Against Nature by Robert Fitzgerald Kennedy is an informative book that unearths the atrocities committed by the Bush administration in the early 2000’s and how, due to donations and appeals by corporate cronies, they bought and corrupted the political and scientific spheres of America so that massive energy corporations could rake in larger profits. Kennedy’s narratives take place during the years of George W. Bush’s first term as President from 2000 to 2003. However, Kennedy often…

United States with the financial system to the medical system heavily regulated. Starting off the Sarbanes-Oxley was enacted in 2002, the Sarbanes-Oxley Act is designed to protect investors and the public by increasing the accuracy and reliability of corporate disclosures. It was enacted after the high-profile Enron and WorldCom financial scandals of the early 2000s. It is administered by the Securities and Exchange Commission, which publishes SOX rules and requirements…

Introduction Within a non-profit organization the chief executive officer (CEO) is often referred to as the executive director. The chief executive officer or the executive director retains the highest power in a non-profit. The CEO should be someone who has a strong background in all subjects as it relates to the non-profit. As the CEO of a non-profit it is important that the CEO is fluent in financial leadership to help the organization become and remain a success. In order for the…

he company of Nortel looked invincible and financially stable from the outside. Roth helped the company to changing times through the introduction of internet networking. But, unethical practice led to the eventual doward spiral and liquidation of Nortel. If accurate financial statements showed the true economic situation of Nortel, then investors and others could make bettter decisions. This would provide Nortel a foundation to stand on and continual growth during the economic recession. .…