In recent years, as the value of an ombudsman program has become apparent, many governmental, private sector, and academic organizations have chosen to design and implement a program. Simply stated, almost any organization can benefit from the informal dispute prevention and resolution processes offered by Ombudsmen. (Coalition of Federal Ombudsmen, 2006) Every level in an organization benefits from the neutral and unbiased guidance provided by the Ombudsman, whether it is effective and efficient
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2. Explain several dimensions of the shareholder-principal conflict with manager-agents known as the principal-agent problem. To mitigate agency problems between senior executives and shareholders, should the compensation committee of the board devote more to executive salary and bonus (cash compensation) or more to long-term incentives? Why? What role does each type of pay play in motivating managers? There are several dimensions to the principal-agent conflict. Principal-Agent Relationships
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Analysis of Shareholdings as at 31 March 2010 | | Authorised Share Capital | : RM100,000,000.00 | Issued and Paid-up Share Capital | : RM69,739,750.00 | Class of Shares | : Ordinary Shares of RM0.50 each | Voting Rights | : One vote per ordinary share | | | Shareholdings Distribution Size of Holdings | No. of Shareholders/ Depositors | (%) of Shareholders/ Depositors | No. of Share | (%) of Issued Capital | | | | | | 1 - 99 | 100 | 4.54 | 3,560 | 0.00 | 100
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Pamela is faced with the dilemma of deciding between potentially saving the company $300,000 per year or saving people’s jobs. Specifically, Pamela must decide whether or not she should correct mistakes in a report prepared by her assistant controller. The purpose of the report is to help key stakeholders decide between two alternatives for supplying the company’s telecommunications needs. The assistant controller overlooked some avoidable fixed costs of operating the company’s telecom division
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Table of Contents Introduction of the Case of Foss v. Harbottle…………………………………………………………………….Pg. 2 Describe and explain the rule set out in Foss v Harbottle and identify the exceptions to the rule …………………………………………………………………………………..……Pg 3,4,5 & 6 Describe the remedies, if any, which are available for ‘minority’ shareholders who feel that they have been the victim of wrongdoing by those in a ‘majority’……….…………………...Pg 7 & 8 References………………………………………………………………………………………………………………….Pg 9 &
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Part 2 Explain the reason and justification for Section 254M (1). In explaining the reason and justification for Section 254M (1), one need to understand the justification on requesting the shareholders to pay for their shares. In doing so we will be examining three important theory that governing this justifications which is the fraud theory, trust fund theory and the contract theory. The ‘holding out theory’ which also referred as the fraud theory. The fraud theory was first derived from the
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Question 1 a. 4 b. 1 c. 2 d. 3 e. 3 f. 1 g. 3 h. 2 i. 1 j. 1 Question 2 Memorandum To: Edward Sloane, Senior Audit Partner From: David Mynarski, CGA Date: March 24, 2015 Subject: Vehicle for Hope Limited I have been the auditor for Vehicle for Hope Limited for the last 5 years and I just had a meeting with the company’s accountant to plan for the audit for the fiscal year that just ended. He told me about some issues that he has and I need
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REVISION 1 September 23, 2014 Board Meeting Agenda and Notice Thursday, September 25, 2014 at 6:00 p.m. Board Room or the Ada L. Williams Auditorium 3700 Ross Avenue, Dallas, TX 75204 The Board shall govern and oversee the management of the public schools of the District. Education Code 11.151(b) Vision: Dallas ISD seeks to be a premier urban school district Mission: Educating All Students for Success Accomplishments • The Dallas Independent School District is home to two of the top 10
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Martha Stewart’s lost reputation 1. The basis of Martha Stewart’s reputation? Her reputation is faith, trust, and goodwill that shareholders, friends, and business community have for her and her company, a homemaking-product & TV show industry. If the company’s performance is unchanged for over the time, the gain of the company’s share would be reasoned by its reputation or brand. 2. MSO’s stock price decline Because the public lost the trust or confidence on Martha and her company’s business
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In the case of Lavie vs. Procter & Gamble Co., Zion Lavie the plaintiff in this case developed a stomach ulcer after using Aleve, an over-the-counter drug distributed by Procter & Gamble Company the defendants in this case. This issue would lead to Lavie suing P&G for false advertisement under the California’s Unfair Competition Law, which was interpreted in accordance to the Federal Trade Commission Act (Bagley, 2016, p. 545). P&G would claim that their advertising campaign for Aleve was gentler
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