Internet governance

Organization Chart Shaik Jameel President, CEO Deepak Verma CFO Piyush Modi Director of Product Dev. Ashutosh Purohit Director of Operations Management Team The Green Hills Energy management team consists of the President and CEO, the CFO, and two directors: Shaik Jameel, President and Chief Executive Officer Shaik Jameel has been working in the biofuel industry for over seven years. He…

"Multinational corporations do control. They control the politicians. They control the media. They control the pattern of consumption, entertainment, thinking. They're destroying the planet and laying the foundation for violent outbursts and racial division." (Quotes on MNC, Brainy quotes) But, what is a multinational Corporation? A multinational Corporation, also called an MNC, is a corporation that has its facilities and assets in at least one country other than its home country(Multinational…

Agency or principal-agent problem arises because:  Different interest and principal-agent  Unequal or asymmetric information Principal-agent problem occurs in a number of different business relationships, but is a common problem in large joint-stock companies, because of the separation of ownership from control. Owner-managers to engage shareholders in their name make decisions and manage the company. The owners-shareholders are the principals and managers are agents. Managers are better…

Current Situation Current Performance Bankers Life and Casualty, Washington National, and Colonial Penn insurance companies are the main branches operating beneath the umbrella company of CNO Financial. CNO Financial displays a superior performance in sales in 2015 as compared to 2014 per a CNO Financial Group press release. Furthermore, company reported revenue of $3.8 billion was an improvement from the previous year growth while having an 11% operating earnings increase (CNO Financial…

Introduction I have chosen an experience to study for my personal application analysis that involves a board position on which I currently serve. The action involved a search process for the organization that I was asked to lead. I failed to fully understand the context and readiness of the employees as I tried to instill a cultural change. The communication methods I used were not sufficient as well. I will use Leigh Thompson’s text to breakdown this situation including Kotter’s 8 steps of…

effectiveness of corporate governance. One such barrier has been identified as dysfunctional organizational politics, which have evolved from self-interest and a focus, among others, on rewards and influence, and need attention for its dissolution (Vredenburgh & Shea-VanFossen, 2009). Self-interest and focus of the two separate audit teams should be resolved by management and the Board of Directors if the organization is committed to pursue customer satisfaction and good corporate governance.…

significant role of corporate governance in ensuring sound financial policies and fraud prevention. This research aims to identify the relationship between internal audit and senior management, and specifically focuses on the gap of perceptions and expectations of the value of internal audit function in monitoring of fraud prevention with respect to each other in New Zealand context. 1.0 Literature / Past Research Review As Norwani et al (2011) mentioned, corporate governance is one of the…

Corporate Governance The main bedrock of any successful economic unit( individual, firm ) be it private or public is to have an effective and efficient corporate governance system in place. There should be proper separation of power between the chairman, the managing director, the board of directors etc. Corporate governance can be defined as the process by which business organizations are managed and controlled. It can also be…

Implementations Citic Pacific should acknowledge the need to change its internal controls, primarily the delegation of authorities among the executives. There should always be a check and balance in the performance of duties, and a separation of authorities between the maker and an approver to keep an efficient control. Furthermore, there must be a change with the way the firm pays bonuses. The management should consider revising its remuneration policy because the performance-based of giving…

This essay will discuss the responsibility of the corporate executive and where it lies. We will see if he is accountable to the shareholders, as well as the community. The responsibility of the corporate executive general lies in maintaining the company standards. He’s primarily accountable to the community, well also being accountable to his shareholders and the company. It’s his job as the corporate executive to place policies and practices in motion to keep the company strong and honest. By…