Case Summary:
FSI is an industry in which lots of discrimination prevails. Women and minorities are side-tracked in the industry when it comes to equality. There are various reasons behind it which prevail in the industry. People are usually less likely to value advice from females regarding stock-market, a career in FSI is not considered by women and minorities as an option, many women and minorities perceive an unfair climate in their organization, evidence has been seen that there is a systematic bias against women and minorities in FSI. The major financial institution does not release their diversity ratio which further increases the practice of discrimination. FSI professionals pay Hazard premiums to reinforce systematic silence in the industry.
Interpretation:
Role of government to solve the diversity problem.

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Chapter 11 Solutions
MANAGEMENT: A PRACTICAL INTRO - ACCESS
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- Case Study The composition and role of boards. The board of directors is the corporation's governing body. By law, the board is vested with the authority to manage the corporation's business and affairs, and the board's members have a fiduciary responsibility to act in the best interests of the corporation and its shareholders. Boards are thus collegial bodies in the traditional sense that their members share authority and responsibility, and have both individual and collective accountability. Boards typically delegate much of their authority to an executive team that carries out the day-to- day operations of the corporation's business. However, some board duties cannot be delegated, and boards vary widely in the extent of their involvement in the business. The board's core functions typically include selecting, monitoring, advising, and compensating the chief executive; monitoring the company's financial structure and declaring dividends; deciding on major transactions and changes in…arrow_forward6. Describe the need for financial reports for the following stakeholders. a. The Community b. Creditorsarrow_forward5. Explain four differences between the shareholder theory and stakeholder theory with respect to corporate governance. (8 marks)arrow_forward
- 2. Outline the functions of the following board committees. a. Nomination Committee b. Remuneration Committee C. Audit Committeearrow_forward1. Explain any four pillars of corporate governance.arrow_forwardplease use screenshots to answer question. Give a brief analysis of the data found in the pie chart as well as those found in the two column charts created (in your MS Excel assignment), considering the recent move to conducting government transactions online. please put the analysis in a paragraph format.arrow_forward
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