author or book on the subject offers a different view of what the phrase means. In the broadest sense, it means the question of who should own and control the company and in its narrowest; it purely means the relationship between the shareholders and Directors. The importance o Corporate Governance (CG) can best be understood in the context of how large modern companies operate. Owing to the separation of ownership and management, there is a need to establish appropriate control monitoring procedures
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section 13; (b) "Appellate Authority" means the authority specified in , or under, sub-section (1) of section 15; (c) "conveyance" means any vehicle, vessel, aircraft or any other means of transport including any animal; (d) "Director General" means the Director General of Foreign Trade appointed under section 6; (e) "import" and "export" means respectively bringing into, or taking out of, India any goods by land. sea or air; (f) "Importer-exporter Code Number" means the Code Number granted
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volume sales in a calendar year. Hero MotoCorp Ltd. continues to maintain this position till date. The Board of Directors of Hero Motocorp are Mr. Brijmohan lall Munjal (Chairman), Mr. Pawan Munjal (Managing Director and C.E.O), Mr. Sunil Kant Munjal (Jt. Managing director), Mr. Sumankant Munjal (Non-Executive director) and Mr. Pradeep Dinodia (Non-Executive and Independent Director). * HUL (Hindustan Unilever Limited): In 1931, Unilever set up its first Indian subsidiary, Hindustan Vanaspati
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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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your own morals and values. This paper will discuss the ethical dilemmas in these organizations and my decisions of The Case of the Mysterious Roses and The Case of the Cold Feet. The Case of the Mysterious Roses In this simulation I was the Director of Sales in the organization. I received an email from my administrative assistant and a work colleague in the organization telling me of an employee Gayle Dornier, receiving flowers from an anonymous person. The person that sends me the email
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Mysterious Roses and Cold Feet, I was presented with a case of harassment. I am the Director of Sales who sale representative was being harassed by another employee from research. He was sending flowers anonymously and even reached out about her performance, asking for leniency. Other employees noticed the female employees’ distress over the flowers and also express concern and she also reached out. Being the director of sales HR required a harassment course to be held. For this exercise I am using
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When do the majority commit fraud on the minority in common law? ("An abuse of power whereby the majority secures an unfair gain at the expense of the minority") |Expropriation of company's property |Ratification of breach of directors' duty |Expropriation of members' property | | | | | |1. Wrong against the company [LH 554-555] |1. Wrong against
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Difference between non executive director and executive Executive directors are concerned with the actual management. Non- executive do not have executive management responsibilities but are concerned with general management policy and monitoring of executive director. Both owe the same duties to the company (s170- s177) Non- executive director According the Code, the board should include an appropriate combination of executive and non- executive directors, so that not any individual or small
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possibility of generating extraordinary gain with the help of nonpublic information (information not yet made public). It gives the trader an unfair advantage over other traders in the same security. insiders are defined as a company's officers, directors and any beneficial owners of more than ten percent of a class of the company's equity securities ------------------------------------------------------------2--------------------------------------------------------------------------- It is important
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School of Business Assignment Cover Sheet School of Business Assignment Cover Sheet STUDENT INFORMATION STUDENT ID | 30106245 | SURNAME | BANDRADDI | PHONE NO. | 0414985393 | GIVEN NAMES | VINOD KUMAR | E-MAIL | Vinod887@hotmail.com | Instructions for submission are found in the unit description. Assignments with Cover Sheets not signed at the bottom will be returned unmarked and may then incur a penalty for late submission. ASSESSMENT INFORMATION UNIT NAME | Corporate
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