...Corpporate Governance & Accountability Get Tutorial by Clicking on the link below or Copy Paste Link in Your Browser https://hwguiders.com/downloads/acc-511-corpporate-governance-accountability-amaterial/ For More Courses and Exams use this form ( http://hwguiders.com/contact-us/ ) Feel Free to Search your Class through Our Product Categories or From Our Search Bar (http://hwguiders.com/ ) Table of content 1. Question 1 1. Introduce to Corporate Governance 2. Governance makes a Difference 3. Failures of Corporate Governance 4. Failures in Major companies 5. Reform of Corporate Governance 6. Conclusions 2. Question 2 1. Introduce to Cadbury Report 2. Conclusions 3.0 References Question 1 Based on the above it has been stated that “the problem is not a failure to comply with rules but a failure in governance practice”. Do you agree and why? (10 Marks) Introduce to Corporate Governance Corporate governance looks at issues pertaining to transparency, integrity, effectiveness and accountability in the management of the affairs, and all other activities of an organization. Management is concerned with the company’s operations, functions and financial performance; hence, corporate governance aims to involve the quality assurance of the operation of the board itself. The concern is for the welfare, good performance, corporate ethics and morality, as well as social and public responsibility for the good corporate citizenship. Corporate governance also involves...
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... FINDINGS, RECOMMENDATIONS AND CONCLUSION 5.1 INTRODUCTION The previous chapter dealt with analysis and interpretation of data obtained by way of focus group interviews. In this chapter, a brief summary on the research project will be presented. The findings from both the literature review and the empirical investigation on co-operative governance in schools in Gauteng District 11 and schools in general, will also be presented. The recommendations that will serve as guidelines to assist school governors to maintain co-operation in schools in Gauteng District 11, will be made. 5.2 SUMMARY The purpose of this research project was to probe the essence of co-operative governance in schools in Gauteng District 11. The empirical investigation has been triggered by changes in school governance brought about by the Constitution (RSA, 1996a) and the South African Schools Act 84 (RSA, 1996b) and the need for school governing body members to understand their roles and functions in schools. Co-operative governance is vested in the school governing body. The principle underlying this approach is that education is a shared responsibility of the principal, parents, educators, non-educators, learners, the immediate school community and residents of the school catchment area. The empirical research was limited to the schools in Gauteng District 11. To collect qualitative data, focus group interviews with: three principals as ex-officio members, three parents representatives...
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...PROJECT GOVERNANCE SURVEY 2015 Dear Survey Participant, Thank you for your willingness to participating in this research project on Project Management Success versus Project Governance. Below is more information regarding this project: Why are we doing this? The aim of the project is to examine the correlation between Project Management Success and Project Governance used ensuring control, accountability and responsibility over project management activities. Since 2003, the department of AIS, University of Johannesburg has been conducting regular surveys to identify issues that pertain to the management of level in South Africa. Who are the researchers? The study is presently being carried out by Mr. Kwete Nyandongo from the University of Johannesburg. Other academics and senior students will also be involved. What do we request of you in the study? Participation in this survey is voluntary and anonymous. By completing and returning this questionnaire, you agreed to participate in this research and to the publication of the results with the understanding that anonymity will be preserved. Although this is an anonymous survey, space is provided at the end of the questionnaire for contact details of people who would be prepared to make themselves available for short follow-up interviews. The questionnaire will take you, at most, 30 minutes to complete. The majority of questions are in multiple choice format and we ask that you select the most appropriate answer...
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...CORPORATE GOVERNANCE QUESTION: RELEVANCE OF CORPORATE GOVERNANCE TO A MODERN COMPANY SUBMITTED TO: DR. ONGORO LIST OF ACRONYMS: OECD: Organization for Economic Co-operation and Development QUESTION: DISCUSS THE RELEVANCE OF CORPORATE GOVERNANCE TO THE MODERN COMPANY INTRODUCTION Corporate governance has reached centre-stage in the global agenda. The principles and codes evolved in several countries have furthered the cause of efficiency, transparency and equity particularly in the interest of the shareholders. Sustainable shareholder value has become the mantra for corporate immortality translating eventually into welfare of the society. Corporate governance is based on the relationship between agents and principals (agency theory). Agency theory explains how best the relationship between agents and principals can be tapped for purposes of governing a corporation to realize its goals. The owners of capital (shareholders) are the principals while the agents are the managers. The principals select and put in place both governors (directors) and auditors and ensure effective governance system is implemented whereas the managers are responsible for the day to day operations. Therefore corporate governance involves the way in which the boards oversee the running of a company by its managers and how board members are in turn accountable to shareholders and the company. DEFINITIONS OF CORPORATE GOVERNANCE Corporate...
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...Running head: DOES SHARED GOVERNANCE IMPROVE NURSING RETENTION? Does Shared Governance Improve Nursing Retention? La Quinta Roberts Kaplan University NU499 Bachelor’s Capstone in Nursing Natasha Zurcher, MSN/ED, RN, CPN April 6, 2014 Abstract The global nursing shortage has prompted health care systems to seek new strategies to attract and retain nurses. The growing evidence points to the shared governance model of management are as a possible strategy to improve productivity, nurse job satisfaction and nurse retention. There are different models of shared governance, but a clear relationship exists between nurse practice environment and higher retention rates. Research found long hours, and unsupportive practice environments contribute to high turnover rates. Here is a look at the evidence which promote the creation of a shared governance model for a positive practice environment and better retention rates. Shared Governance and Nurse Retention Introduction Shared governance models are being promoted as a plan to decrease nurse turnover, but there are many variable elements to the Shared governance model. True shared governance characteristics are a practice environment that has a process by which nurses take an active participatory role in the decisions of the hospital nursing practice. Most shared governance models are associated with Magnet status hospitals, but more and more hospitals are adopting this style of management without the designation...
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...document without written consent from Microsoft. Microsoft Corp. • One Microsoft Way • Redmond, WA 98052-6399 • USA All rights reserved. Contents The Evolution of Privacy Models in Computing .................................................................................... 1 The Principles of Accountability ......................................................................................................... 2 The Use–and-Obligations Model ........................................................................................................ 3 A Privacy Governance Framework ...................................................................................................... 4 Conclusion....................................................................................................................................... 5 1 The Role and Importance of Organizational Accountability in Managing and Protecting Users’ Data The Evolution of Privacy Models in Computing Since the early 1970s, fair information principles have provided consumers, organizations, and governments with a framework for the collection, use, and protection of individuals’ personal information. These principles have primarily centered on two foundational approaches to privacy: “notice-and-consent” policies that give individuals control over their own...
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...Term Project – IT Governance Overall Scope: You are required to study of IT Governance in a business organization of your choice as per the Weill-Ross framework, develop of the Governance Arrangement Matrix (GAM) of the organization, and comment on the effectiveness of the Governance Mechanisms. Deliverables: Write-up and presentation Specific deliverables/guidelines: In line with the above, the following may be the specific contents of your findings/write-ups as well as the presentation. But then, these are indicative. You are free to decide to add any more relevant information. 1. Intro to the Company and Business Principles (Vision statement, broad enterprise level functions and unit level functions of the organization etc) 2. Role of IT in the organization & the IT Principles 3. The IT Governance Arrangements Matrix (sample shown below) 4. Various governance mechanisms implemented (enterprise wide and in the units) along with the advantages and disadvantages 5. Suggested IT Governance improvement needs IT Decision | IT Principles | IT Arch | IT Infra | Business Need | IT Investment | Archetype | Input | Decision | Input | Decision | Input | Decision | Input | Decision | Input | Decision | Biz Monarchy | | | | | | | | | | √ | IT Monarchy | | | | √ | | | | | | | Feudal | | | | | | | | | | | Federal | √ | | | | √ | | √ | | √ | | IT Duopoly | | √ | √ | | | √ | | √ | |...
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...DECLINE OF SHARED GOVERNANCE | | SYLVIA COLE 4/16/2013 | The Decline of Shared Governance Shared governance is a commitment to freedom of ideas, the professionalization of faculty, and the importance of deliberative decision-making. It is the process of soliciting broad input from individuals affected by decisions. The compromise approach to shared governance is epitomized by comprehensive efforts supporting cooperation and collaboration without domination. The objective of shared governance is to discover agreeable purposes of interest that advance the objectives of the education. Shared governance has been a crucial part of higher education educations and stretches back for over 75 years. An ideal shared governance model is reciprocal in nature. It will recognize the contributions and requirements of all participants in a cluster consensus process. This process will enhance and nurture a partnership, empowerment and successful outcomes of educational policy and implementation decisions. Shared governance can build inclined strategies that connect positions of authority, share resources, and facilitate programs. Shared governance in higher education is on the decline. Faculty and administrators on all levels have grown gravely concerned with this issue. The concern has stemmed from the deterioration of tenure-track positions, the exclusion from participation of higher education governance as well as the growth of contingent faculty. Governance is a focal...
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...DEFINITIONS Mission A mission is a statement of the reason or reasons for the existence of the organization, the ultimate purpose the organization serves in society, and the boundaries within which it operates. A mission is one of the four key building blocks of an organizational plan. The other three are vision, goals, and strategy. A mission sets direction and defines the boundaries, both of which are critical to the organization's effectiveness and success. Vision Outlines what the organization wants to be, or how it wants the world in which it operates to be (an "idealized" view of the world). It is a long-term view and concentrates on the future. It can be emotive and is a source of inspiration Values Beliefs that are shared among the stakeholders of an organization. Values drive an organization's culture and priorities and provide a framework in which decisions are made Values include beliefs and attitudes that guide behavior and relationships with others. They are often unspoken as well as difficult to universally define. BEXIMCO Pharmaceuticals Mission: “We are committed to enhancing human health and well being by providing contemporary and affordable medicines, manufactured in full compliance with global quality standards. We continually strive to improve our core capabilities to address the unmet medical needs of patients and to deliver outstanding results for our shareholders.” Vision: “We will be one of the most trusted, admired and successful...
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...politics, sports, entertainment, banking, and the legal system. Healthcare professionals working in clinical practice, education, research, and administration are not immune to these unethical behaviors. They face ethical dilemmas on a regular basis. Shortages in the numbers of clinicians to deliver patient care, inadequate staffing levels, cost containment measures, consolidation of healthcare organizations and ineffective leadership have resulted in the escalation of ethical dilemmas nurses face today in healthcare environments. How individuals respond to these ethical dilemmas depends on their previous experiences with unethical behavior, their individual personality traits, their ethical values as well as their knowledge of ethical principles. Moral courage is needed to confront unethical behaviors. The following exemplar demonstrates moral courage in clinical practice. Emily was a novice nurse employed at an academic medical center. Her peers respected her and described her as an attentive and meticulous nurse with strong work values. Over time Emily noted a behavior in the work setting that concerned her and...
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...The World Summit on the Information Society (WSIS, 2005) defined Internet governance as “The development and application by governments, the private sector and civil society, in their respective roles, of shared principles, norms, rules, decision-making procedures, and programs that shape the evolution and use of the Internet.” The definition clearly refers to the coordination among the Internet community, known as the Internet stakeholders. Internet stakeholders typically include those who provide Internet capabilities and those who use it. Bodies like ICANN, IANA and the RIRs carry out internet governance, in terms of technical standardization and allocation of resources. However, regulating human conduct, or setting global policies that...
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...Accenture IT governance Model has the primary objective of helping companies understand how their business environment influences the focus of their IT environment. The IT governance program is designed in accordance to the distinctive organizational attributes. The model requires executives to first evaluate the effectiveness of current IT governance policies and then formulate a new governance program that addresses the identified priorities required to cultivate an IT enterprise and guarantee sustained realization of measurable business value. According to Accenture IT governance model, the right model should offer a precise road map for IT governance decision-making and a framework for allocating responsibility and accountability among top-level executives, CIO and business unit executives. This IT governance model adds value by reviewing the organizational business environment basing on the rate of change and basis of competitive advantage, which creates four quadrants including efficient, predicable operators; information integrators; responsive situation providers, and new capability enablers. A new review of Accenture IT Governance Model reveals that Alcan falls under the efficient, predictable operator’s quadrant. This quadrant suits companies that have low rates of change and focus on attaining operational efficiency, which entails meeting business requirements while closely controlling operating costs. Alcan’s IT management is characterized by centralization with the...
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...to Corporate Governance 2. Governance makes a Difference 3. Failures of Corporate Governance 4. Failures in Major companies 5. Reform of Corporate Governance 6. Conclusions 2. Question 2 1. Introduce to Cadbury Report 2. Conclusions 3.0 References Question 1 Based on the above it has been stated that “the problem is not a failure to comply with rules but a failure in governance practice”. Do you agree and why? (10 Marks) Introduce to Corporate Governance Corporate governance looks at issues pertaining to transparency, integrity, effectiveness and accountability in the management of the affairs, and all other activities of an organization. Management is concerned with the company’s operations, functions and financial performance; hence, corporate governance aims to involve the quality assurance of the operation of the board itself. The concern is for the welfare, good performance, corporate ethics and morality, as well as social and public responsibility for the good corporate citizenship. Corporate governance also involves in system to ensure that the organization’s obligations to its major stakeholders. The relationship among the many stakeholders and the way of corporation is directed and governed is therefore created. Stakeholders might include customers, employees, creditors, suppliers and distributors, the community and the owners at large. The principle stakeholders...
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...Corporate Governance * Corporate governance broadly refers to the mechanisms, processes and relations by which corporations are controlled and directed. * Corporate governance is the system of principles, policies, procedures, and clearly defined responsibilities and accountabilities used by stakeholders to overcome the conflicts of interest inherent in the corporate form. * Corporate governance is concerned primarily with protecting weak and widely dispersed shareholders against self-interested Directors and Managers. Shareholders and Stakeholders: Shareholders are stakeholders in a corporation, but stakeholders are not always shareholders. A shareholder owns part of a company through stock ownership, while a stakeholder is interested in the performance of a company for reasons other than just stock appreciation. Stakeholder for example employees, suppliers, customers… Directors: Guardians of the company’s assets for the shareholders. The boards of directors are an intermediary between the shareholders and management, and represent shareholders’ interests by: monitoring managers, approving strategies and policies. Managers: who use the company’s asset. Managers may be more interested in expanding the size of the business, bonuses based on earnings, taking on excessive risks, or job security. The objectives of a corporate governance system are (1) to eliminate or mitigate conflicts of interest among stakeholders, particularly between managers and shareholders...
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...Managing Corporate Integrity Yiyang Zheng BUSA 552 Dr. Kerlin May 7th, 2015 INTRODUCTION This paper will review the ethical business practices of Duke Energy in the light of the recent Coal-Ash spill. It will review ethical principles, business considerations, stakeholder impact, and the company’s internal policies related to preventing environmental damage. The thesis of this research essay is that Duke Energy did not only suffer financial loss due to being made to pay a fine for environmental damage, but also the company’s actions negatively affected its reputation and share price. Therefore, companies should carry out ethical practices and risk assessments to best serve the needs of all stakeholders. BACKGROUND INFORMATION In February, 2014, Duke Energy released a high amount of coal ash into the Dan River, Rockingham County, N.C., which violates the Clean Water Act (CWA) (1972). The CWA is a waste-water and pollution reduction programs, setting guidelines and regulatory standards for different industries (EPA). Specifically, The CWA of 1972, amended in 2002, states that “it is the national policy that the discharge of toxic pollutants in toxic amounts be prohibited” (Clean Water Act, SEC. 101.3). Duke Energy was found guilty on nine misdemeanor violations (Smith) and was ordered to pay compensation. As a result, Duke Energy’s leadership agreed to pay $102.2 million for the damages caused, and the CEO confirmed that the company took responsibility...
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