Governance

However, in empirical research, there is no consensus on the effect of corporate governance on firm performance. For instance, Gompers, Ishii, and Metrick (2003) studied the impact of corporate governance on firm performance during the 1990s. They found that stock returns of firms with strong shareholder rights outperform the returns of firms with weak shareholder rights. In contrast, Core,…

Wyatt’s rebellion posed a threat to Tudor governance but it was not aimed at deposing Mary and thus posed Mary’s hold on the throne less of a threat. Richards suggests that Wyatt 's rebellion posed a serious threat to Mary. She argues that by virtue of the numbers involved, Wyatt was set to march on and challenge London, the hub of Tudor power. However, Guy has a different view. He points out that Wyatt was isolated with the other uprisings failing to materialise and also was stopped by the…

and electric utilities, rail roads, wholesale distribution, manufactured housing and many other specialty finance companies. Looking at the number of acquisitions made by Buffett, this indicates something remarkable about Buffett’s management and governance approach. Unlike what has been typically adopted in the corporate world, Berkshire Hathaway takes on a non-traditional laissez-faire and trust approach – a hands-off management style that requires minimal guidance from leaders and provides…

Arts organizations often operate in a not-for-profit environment. In brief, not-for-profit organization is an organization that does not seek profit. It is obvious that not-for-profit organizations cannot be operated without “profit” and most of the not-for-profit organizations do commercial activities. However, any profit must return to the organization to support their mission in a not-for-profit organization. The goal of a not-for-profit organization may be its mission, not just money. The…

Kong GEM Corporate Governance codes, the impact of ownership structure on company’s performance and the effectiveness of communication with shareholders. BACKGROUND INFORMATION China Primary Energy Holding Limited (China Primary) is an investment holding company, engaging in the manufacture and sale of polyethylene (PE) pipes as well as trading of composite materials. It is listed on Growth Enterprise Market of the…

1. There were several corporate governance issues in this case, including the lack of protection of investors, an ineffective, non-independent board of directors who lacked an inquisitive nature and the creation of CEO duality which enabled Eisner to accumulate unfettered powers. Under Eisner’s direction, revenues grew from $1.5 billion to over $30 billion and ‘share price rose from approximately $57.00 per share to $71.00 per share during Ovitz's tenure’ (Stephen and Haupert, 2011), however…

Hence, each of the board members must follow the governance procedures for nominations and selection of board members, as well as conduct annual affirmation of service and complete member self-assessment, peer evaluations, and an annual conflict of interest questionnaire (American, 2015). What is the…

the US and UK rules/codes of Corporate Governance relating to the roles of CEO and Chairman. (10%) In the U.S., corporate governance is determined predominantly by legislation in the form of the Sarbanes-Oxley Act of 2002 ("SOX") and detailed regulations which SOX required the Securities and Exchange Commission ("SEC"), New York Stock Exchange ("NYSE") and NASDAQ to draw up. In UK there is the combined code followed and named as The UK Corporate Governance Code (Weil, Gotshal & Manges LLP, 2014)…

The relationship between management monitoring and firm performance Introduction From previous years, corporate governance (CG) reforms provided a significant important function comply with regulations. The reforms does play an important role in improving transparency and accountability that appear in three key areas which are benefits in the provision of quality financial reporting, reduction in management overconsumption and improved management monitoring (Psaros 2009, p25). There are numerous…

well-established IT company when it was listed in the CSE in 2010 but suddenly after two years from listing, the whole company was collapsed due to failures/frauds occurred within the company. The focus of this section is to discuss about the corporate governance failures/weaknesses of PCH PLC which affected to arise such failures/frauds within PCH PLC. Throughout this discussion it is expected evaluate the board structure & board balance, Chairman’s role as the CEO, board committees, external…