1-Management Concept: FPG's value belief of Diligence and Frugality backs its commitment to excellence. As society advances, the will to strive for excellence is an objective that can never be fulfilled so there will always be room for improvement. The sustainability of the group, seek to contribute to society through the business activities. It is their goal to become the world's leading enterprise in which employees have security, investors find confidence, and society places trust FPG believe
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such as gender, ethnicity, age, sexual orientation, disability and education backgrounds. As per our case-study, (Stone 2013, pp. 243-244) [1] highlights that despite women had been in workforce for decades, there is gender bias in recruiting board executives. Organisations have utilised multiple strategies to overcome this phenomenon of which quota has been an integral part. Implementation of quota has affected organisations bilaterally entangling ethical dilemmas which led to generalised perception
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useful and important to pay attention to the four core values of corporate governance, including transparency, accountability, responsibility, and fair and equitable stakeholders, as well as to consider some indicators of the company, such as its Board Structure, Compensation system, Shareholder Rights, and Audit issues. On the other side, the financial information that the company disclosed on its financial statements is also considerable to deal with its corporate governance performance analysis
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IT TAKES A LEADER TO TAKE YOU PLACES. A n n u A l r e p o r t 2 0 1 2 2 0 1 3 Growth is… movinG from strenGth to strenGth Flamingos, known for their undeniable beauty, are also recognised as a species that stays strong by sticking together, no matter how trying the circumstances are. But for a flock to be strong, it needs an equally resilient leader to take them in the right direction. Just like Gati, the leader of the logistics industry in India. Gati Limited is India’s leader in providing
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legal entity, not related to the persons that initially established it, there is a need for human representatives that would manage the company in benefit for the shareholders and stakeholders. The management of the company is on the hands of the board of directors and the general meeting. The problem is thought that the directors have extensive powers and they might use them in their benefit. Therefore rules are constructed by the companies themselves to control a
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Little is known about HDFC Bank and the people behind it. It is a highly successful and profitable new generation bank in the private sector. It came alongside ICICI Bank and at several points in time, the market capitalization of HDFC Bank has been higher than that of ICICI Bank and SBI. Since inception Aditya Puri has been the MD of HDFC Bank and has been steering the bank, through times, good and bad, successfully. The bank has been growing 30% year-on-year for the last 15 years and has one
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The Effect of Board Size and Ownership Structure on the Financial Performance: An Empirical Study on Egypt Nourhan K. Karkoura* Pharos University in Alexandria, Egypt Abstract Corporate governance can be viewed as a mechanism that ensures external investors receive proper returns on their investments. This paper investigates the effect of board size and the effect of ownership structure on firm performance in Egypt. Using a sample non- financial corporation from the most active 50 corporations
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7 Section 1.03: Amendment 7 Section 1.04: Suspension 7 Section 1.05: Summaries 7 Section 1.06: Guidelines 7 2. Article 2: Board of Directors and Executive Council Procedures Policy 7 Section 2.01: Powers of the Chairpersons of the Board of Directors and Executive Council 7 Section 2.02: Authority to Overrule the Chairperson 8 Section 2.03: Appointment of the Board of Directors Chairperson and Vice-Chairperson 8 Section 2.04: Appointment of the Executive Council Chairperson and Vice-Chairperson
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1. Corporate malfeasance is defined as deceptive and/or fraudulent activities carried out by corporate officers. Usually the CEO is held responsible for corporate problems, but a firm’s board is essential to preventing malfeasance and ensuring that management acts with integrity. I would describe some of Messier’s actions as corporate malfeasance. For example, Messier repurchased a significant amount of Vivendi Universal’s stock (i.e., 6.4 billion Euros from 2001-2002) to fund employee stock option
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annual revenues of approximately $6B. Today Cardinal Health boasts $100+B in annual revenue. Board Composition Cardinal Health's Board of Directors has remained mostly the same preceding and after Sarbanes-Oxley legislation. The Board is composed of independent industry experts within Healthcare, Technology, and Academic fields. Some of the organizations represented on Cardinal's Board are The Bing Group, Gardner, Priority Health Group, Bank One, Harvard University, and Akamai Technologies
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