1. Explain (8) basic characteristics of Good Governance.
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1. Explain (8) basic characteristics of Good Governance.
2. Give actual cases of unethical practice of a Philippine company.
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- 3. Corporate governance is driven by various factors in the companv. How can the management and directors contribute to promote effective and good governance: Is there aspecific paradigm in implementing corporate guvernance? 4. Do the benefits of practicing corporate governance outweigh its financial costs? Explain. 5. Is compliance to government regulations a sufficient indicator of corporate governance? Explain.What are the corporate governance codes of Jamaica? Identify the key elements in the codes and the strengths and weaknesses.PT. Alakishia has been operating in Jakarta for more than 10 years. Aries is one of the employees who is responsible for recording transactions in the purchasing department when ordering raw materials from suppliers. Once, Wilson as the party who made the payments and received the invoices, resigned from the office, so for the moment everything was in Aries' charge. Jenni as COO of PT. Alakitashia really trusts Aries because by seeing the contribution of Aries for a long time, it is also due to the close friendship between them, thus leaving the work entirely and the internal control to Aries itself. This has caused a lack of segregation of duties, so that since it was fully managed by Aries, the number of purchases has increased and it can be seen how the expenses are higher than before, so it is feared that fraud could occur. In addition, Aries has also collaborated with all suppliers and the production department to harmonize the transaction record in the form of the number of units…
- List and briefly explain the 4 types of profit companies recognized by South African law.How might the ‘independence’ non-executive directors be defined and explain their roles and functions in the framework and structure of good corporate governance in public listed companies.If a company were to combine the roles of chairman and CEO, what concerns would the organization have in relatito effective corporate governance?
- 31. A service cooperative promotes and undertakes savings and lending services among its members. 32. Only primary cooperatives may establish secondary cooperatives. 33. Only secondary cooperatives may establish tertiary cooperatives.ABC is a company that processes food for the local market. Within the company, there have been a number of ethical violations. Some top executives have been accused of insider trading, bribing key regulatory officials, and attempting to conceal the alleged distribution of expired products. The company's ethical standards have completely collapsed. The board of directors is extremely concerned about the current state of affairs in the company. State four (4) reasons why employees of ABC may not have reported the ethical violations of the organization. How would the existence of ethical leadership help curb such a situation from recurring?Conduct Research on King IV. Give a brief overview and list the principles. Provide a definition of what corporate governance is. Provide a comprehensive researched example of a well-known South African organisation that has shown a lack of corporate governance. There should be a clear link to what you have researched on King IV and the example. For example, clearly indicate which principles they did not adhered to. Examples merely copied from a source will not warrant marks.
- Although Z corporation has a comprehensive ethics program, numerous employees were charged with financial fraud. If Z corporation is convicted of the crime and sentenced under the Federal Sentencing Guidelines, it can expect--ii))) Discuss, How are corporate bylaws established, and what should they include?The corporate governance scandal brought to light many issues which have played an important role in determining the enhancement process addressed by the Government of Malaysia. The fact that agency problems occur between shareholders and mangers and/orshareholders and board of directors these problems were major factors why there was a real need to improve the corporate governance mechanism. The agents or mangers have been accused of not acting on the shareholders best interests. Managers are also blamed for their lack of responsibility for business practices since they do not show the concern as if they were owners themselves.(Extracted from: What Has Changed? The Development of Corporate Governance in Malaysia, Sulaiman Alnasser, 2012, Journal of Risk Finance)REQUIRED:(a) Explain TWO (2) reasons why corporate governance received attention by the Government of Malaysia.
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