Governance

Corporate Governance," you might question how corporate governance can better serve an organization 's commitment to being ethical and acting legal. After all, most of the organizations which were "guilty" of financial and accounting mismanagement had corporate governance. But in some instances, the system of corporate governance was tainted by conflicts of interest, personal greed, and so on. So, in addition to what you learned in the video, what is the future of corporate governance?…

Trust in government and system of governance is one of the major concerns in modern research in social sciences. Trust is defined from different angles in different times. Context is one of the important variable which shapes the conceptualization of trust. A politico-administrative perspective is crucial to see how the interaction occurs between citizens’ trust and structural-functional aspect of the government and system of governance evolved over time. Regarding the correlation between…

and cause a range of issues for a business. PWC utilize a strategy (Fig.2) called “Governance, Risk and Compliance” which helps the company clarify factors which directly influence internal management decisions, employee conformity to those decisions, and compliance with company policies and procedures, as well as external environmental factors which affect the business. Fig.2 (www.iifdc.org,Governance, Risk and Compliance…

2.2 Concepts Synonymous to CSR 2.2.1 Corporate Citizenship (CP) Corporate citizenship a concept which is often used interchangeably with CSR. Irrespective of the way and manner in which concept is being defined it seems to have more or less overlap with the concept of CSR. Carroll (2008) stated in his work that corporate citizenship may be broadly or narrowly conceived in CSR. According to Carroll (2001), the philanthropic responsibility he mentioned in his hierarchical framework refers…

According to Jerzemowska, M., (2006), there is an agent relationship when a person or a group of people, who are the principals, employ a third party as an agent to perform services or tasks on their behalf. The principals delegate their decision making powers to the agents who represent the principals. There are two main types of agency relationships that exist in a firm, namely, between shareholders and mangers, and between shareholders and creditors. Shareholders are the owners of the…

autonomous person unless stated otherwise. Woodhead and Fudge (2011). The Department of Health (1998) (DOH), defines clinical governance as being; ‘A framework through which organisations are accountable for continuously improving the quality of services and safe-guarding high standards of care by creating an environment in which clinical care will flourish’. Clinical governance is centred…

In regards to leadership, the Sony Corporation forms its framework of corporate governance into two sections: Supervision and Management. The Supervision section is comprised of the Board of Directors and the three committees of Nominating, Compensation, and Auditing. The Board and the committees create corporate and business level strategies that the management section enforces among their subordinates. The board and committees also elect the officials within the management section, electing…

2.2 Corporate Reputation Risk Corporate reputation refers to people’s perception and evaluation of a corporation (Dutton et al., 1994). People’s evaluation of a corporate reputation is based on their communication, experiences with the corporation, and also on the symbolism that reflect the corporate behavior and spirit (Gotsi and Wilson, 2001). Corporate stakeholders make investment, career and purchase decision partly depend on a corporate reputation (Dowling, 1986). Reputation implies company…

Is “societas Europaea” a successful organizational model? What might be its future developments, also in the light of EU members states corporate Laws? 1. Background and Introduction of the “societas Europaea” Societas Europaea, European Company, from Latim is an organizational model, created by the European Union to harmonize corporate law within the European Market, on purpose of establishing a unique international statute, instead national laws from the states members of the EU. The…

“Defining the duality of data governance” by Zweli Sikhakhane and “Data quality: Whose job is it?” by Kathleen Hickey will be summarized, compared and evaluated with Anthony Fisher’s “The Data Asset: How smart companies govern their data for business success” to analyze the key similarities and the key differences between issues surrounding data quality management (DQM) and data governance and how they relate to each other. The article “Defining the duality of data governance” by Zweli…