...28 May 2012 TERM PAPER Subject: Corporate Governance Istanbul Aydin Univeristy Modern Approaches in Management And Organization ISM503 Shahla Gafarova MBA Class Y1112.130010 Plan of Corporate Governance 1. Introduction………………………………………………..………………………………...........3 2. The UK Approach to Corporate Governance… …..………………………………………....4-7 3. Example topic of Corporate Governance: Starbucks….………………………………….. 8-11 4. Summary………………………………………………… ……….…………………………….12 5. References………………………………………………………………………………………..13 Introduction “Corporate Governance denotes direction and control of the affairs of a company and it is the relationship between the owners ,directors and managers.” Scope of CG - IT provides the structure for setting objectives and providing means to attain them. Main features of Corporate Governance - It is a set of system and processes which embraces organization structure. Ensures best interest of the stakeholders Denotes direction leadership explains relationship between directors , owners and managers. Attempts to put a check on working of an organization. Activity time - “Corporate Governance is explain the importance of Corporate Governance. Corporate governance specifies the distribution of rights And responsibililities among different participants in corporations. Corporate governance means a system by which corporate entities are under control and are directed Corporate governance attempts to put a check on the working...
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