Corporte Governance ArcelorMittal Internal Corporate Governance 1. Internal Control The management is responsible for internal control in the company and has implemented a risk management and control system, which is designed to ensure the business is focused on achieving its objectives and to mitigate risk to the extent possible. This includes : - Management reviews - Reviews of the design and implementation of the company's risk management approach and business and functional audit committees
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Samstag, 6. September 2014 13:30 Session 9 Prep Topic: CEO compensation Reading • Résumé Pedro Matos, Darden Professor • Chapter 7 in Corporate Governance • Chapter 7 in Boards That Deliver • Bargain Bosses, American chief executives are not overpaid, The Economist • How to get paid like a U.S. CEO, Fortune • Executive Compensation Corporate Governance: Chapter 7 - CEO Compensation • Norms for CEO compensation ○ Proxy statements provide information on executive compensation and are distributed
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Student ID: 082168461 The impact of the Sarbanes-Oxley Act on Corporate Governance and US Companies An examination to determine the impact of the Sarbanes Oxley Act, the costs and benefits of its implementation and how it has affected Corporate Governance and US Companies. Table Of Contents 1. Abstract...................................................................................................................... 4 1.1 Introduction .....................................
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reporting, additional modifications could make SOX more effective. Adjustments could be made that will encourage better composition and performance of corporate boards, improve safeguards for whistleblowers, and enhance management accountability as well as the function of the PCAOB. Although SOX put in significant provisions to improve corporate governance, which included the establishment of audit committees that had independent directors, there is room for improvement. One potential measure is to set
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Director Notes From Enron To Lehman Brothers Lessons for Boards From Recent Corporate Governance Failures by Frederick D. Lipman In order for boards to fulfill their oversight obligations, the organizations they serve must have robust whistleblower and compliance policies and programs to encourage reporting that can help identify risk exposures, fraud, or other illegal activity. This report identifies common pitfalls in many current whistleblower and compliance programs, and it offers recommendations
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This report explores the relationship between system oriented theories, sustainability issues and disclosures made by Orica Limited in their 2013 Sustainability Report (“Orica 2013”). The review is based on the system oriented theories covering Stakeholder Theory, Legitimacy Theory and Institutional Theory. On the basis of this assessment, recommendations are made for future approaches to Orica’s Sustainability Reporting. The 2013 Sustainability Report by Orica provided benefit to stakeholders.
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Why did he think their trust and loyalty were important to the company? The managing director focused on gaining the employees trust and loyalty as he considers these factors were most important to the company. He worked extremely hard on gaining employees/workers trust and loyalty and also expected that they will also remain loyal and trustworthy towards the company. In NCR employees are well educated and also have good knowledge that is related to that particular business. The company encourages
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............ 3 6. Approach................................................................................................................................ 4 PART 2: SHARIAH GOVERNANCE ARRANGEMENTS ................................................... 5 SECTION I: General Requirements of the Shariah Governance Framework ..............5 - 9 SECTION II: Oversight, Accountability & Responsibility............................................. 10 - 14 SECTION III: Independence................
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Industry: Corporate Governance Report GROUP 9 INDIAN OIL Corporation Corporate Governance Philosophy IndianOil believes that good Corporate Governance practices ensure ethical and efficient conduct of the affairs of the Company and also help in maximizing value for all its stakeholders like customers, employees and society at large in order to build an environment of trust and confidence among all the constituent IndianOil recognizes that good Corporate Governance is a continuous
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Topics, Issues, and Controversies in Corporate Governance and Leadership S T A N F O R D C L O S E R L OO K S E R I E S stanford closer look series 1 Tesla Motors: The Evolution of Governance From Inception to IPO Tesla Motors In June 2010, Tesla Motors raised over $225 million in an initial public offering that valued the electric car manufacturer at $2 billion. It was the first time a U.S. automobile company went public since Ford Motor in 1956. The evolution of Tesla—first incorporated
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