impact on the Turkish commercial life. These radical changes introduced by the New Turkish Commercial Code will have significant effects on the accounting, finance, financial reporting and audit functions of companies as well as the responsibilities of Board of Directors and Management within the context of such functions. Keywords: The New Turkish Commercial Code, IFRS, Corporate Governance, Website Requirements 1.1 Introducing New Turkish Commercial Code Background The New Turkish Commercial
Words: 4928 - Pages: 20
Governance, to ensure that no one individual group dominates the board’s decision making, there should be an equal number of executive and non-executive directors (inclusive of independent non-executive directors) in the Board of Directors. However, based on the hierarchy of the Board of Directors in Flat Cargo Berhad, there are more executive directors than non-executive directors. It is unhealthy scenario as non-executive directors’ views might not be taken into consideration in the company’s important
Words: 855 - Pages: 4
MOUNT HEBRON BAPTIST CHURCH OFFICIAL BOARD MEETING SATURDAY June 1, 2013 The meeting was opened with singing “Tis So Sweet”. Scripture was read by Deaconess Connie Taylor who read Psalm 40:1-4 Prayer was given by Deacon Willie Brown. Testimonies were given by Deacon Howard Hinson and Deacon C.V. Wilson. The meeting was called to order by Chairman Howard Hinson. Attendance: Pastor Waller, Deacons: Howard Hinson Chairman, C.V. Wilson, Willie Brown and Chester Nicholes; Deaconesses: Dorothea
Words: 854 - Pages: 4
JPMorgan narrowly escaped a criminal guilty plea and paid more than 20 billion in regulatory fines. The board seemed to think that Mr. Dimon deserves credit for handling all these regulatory matters. The board thought Mr. Dimon deserved credit for navigating the bank through a treacherous regulatory and political environment while continuing to improve the bank’s financial performance. But the board somehow choose to forget he got the company into trouble in the first place. Mr. Raymond, the chairman
Words: 758 - Pages: 4
BBDE is governed by a volunteer board of directors. The board includes a county commissioner, a local certified public accountant (CPA) who acts as the board’s financial expert, and five individuals with backgrounds in behavioral health and mental health advocacy. Board members serve two-year terms and may serve for multiple terms. The members of the board nominate and select new members as needed. Most of the current board has served for more than 10 years. The board meets quarterly and approves BBDE’s
Words: 1898 - Pages: 8
Review the Class Notes for Social Structure Round up six family members for a game of Monopoly. For the first 45 minutes observe as they play Monopoly the regular way. You will need a traditional Monopoly board game rather than the electronic game for this exercise to work. Once you are certain that everyone understands the rules of Monopoly tell them you are changing the way the game is played. Put everything back together as though you were starting the game and then tell them you are giving
Words: 382 - Pages: 2
FROM THE CHAIRMAN’S DESK This is indeed the most befitting time for me to write this message as handing over of all the 5 PCs to BN has just been completed on last 15 Dec 2013 by the grace of the almighty Allah marking another historical milestone for the KSY. This is a moment of great joy not only for KSY but also for BN and the whole shipbuilding industry of our country for KSY is now one of the proud member of the elite club of warship builders. This has been a dream project for KSY
Words: 554 - Pages: 3
Are Two CEOs Better Than One? The case of WIPRO Take an organization with business divisions that overlap, add rapid growth, and flavour with problems arising from an uncertain environment. What you have, potentially, is a recipe for confusion. At Wipro, India's largest software services firm, however, little evidence of confusion has appeared despite the turbulent winds that have buffeted the company for the past few years. When former CEO Vivek Paul left to join Texas Pacific Group, a private
Words: 2935 - Pages: 12
Summer 2004 GREAT Boards Published by Bader & Associates Governance Consultants, Potomac, MD BOARDROOM BRIEFING CEO selection: getting it right By Sharon O’Malley By the time board Chairman Freddie Burton convened a 12-member search committee to recruit a new chief executive officer for St. John Hospital and Medical Center two years ago, the facility had been through six CEOs in as many years. This time, he vowed, the Detroit hospital’s trustees would take their time deciding on a
Words: 4390 - Pages: 18
1 THE VEGA FOOD COMPANY In February 2007, Francisco Valle, Jr., president of Industrias La Vega, organized the first family council meeting in the owning family’s history to address problems he was having with his youngest sister, Mari, a shareholder in the company. He felt that the problems were not of his making and were interfering with his management of the company. Francisco, 45, had worked closely with his father, Francisco Sr., since 1986 and had become president of the company in March
Words: 3461 - Pages: 14
