implementing effective corporate governance Mayanja MK and Van der Poll HM Department of Management Accounting, Unisa, Pretoria, 0003 South Africa. Accepted 28 September, 2011 Management accounting is not given sufficient emphasis, at the board level, as a provider of timely and relevant information to facilitate the execution of good corporate governance. Without management accounting information corporations in Botswana may find it difficult to create sustainable corporate governance. A qualitative
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Dr. Ridwanul Hoque: ridwancu@yahoo.com Regulation of business What is regulation?: t o say what to do and what not to do; to draw a periphery of corporate powers. And, is regulation anti-thesis to financial regulation thought to be generative of economic progression?: It is in no way a hindrance to economic performance by corporate entities. Absence of regulation leads to non-environment for business and the dilution of shareholders’ interests. Importance of regulation can be understood
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During his reign as CEO, Dennis Kozlowski, who was reported as one of the top 25 corporate managers by BusinessWeek, siphoned hordes of money from Tyco, in the form of unapproved loans and fraudulent stock sales. In early 2002, the scandal slowly began to unravel and Tyco's share price plummeted nearly 80% in a six-week period. Kozlowski was convicted of crimes related to his receipt of $81 million in unauthorized bonuses, the purchase of art for $14.725 million and the payment by Tyco of a $20 million
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Legality and Ethicality of Corporate Governance Nicolle Pack ETH376 / University of Pheonix Abstract The publicly traded company, United Thermostatic Controls, is currently in the middle of an internal audit. The different divisions of the company are regionalized according to their area. The southern division has had struggled with decreasing sales and is having a hard time reaching the target set for their sales. The company pushes the different divisions to be aggressive with increasing revenue
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Corporate Governance and Ethical Responsibility LeKesha Rideaux Professor Christina JG Williams, Esq. LEG 500 Law, Ethics, and Corporate Governance 02/17/2013 In this research paper I will give the different stake holders Dr. DoRight has to deal with on a day-to-day basis as the President of the “Universal Human Care Hospital.” I will also give comparisons and contrasts concerning conflicts of interest that could arise among both the internal as well external stakeholders. I will attempt
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that the organization should be responsible to the environment and society in which they operate the business, and therefore it needs to be good for the community. This has caused that many laws and regulations such as environmental and social laws, employment laws, anti-corruption laws and good governance laws developed by the states to protect the environment and social issues icons. The concept of social responsibility has been raised in the context of this because the organization must be committed
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Business Ethics Reform Heidi Hamilton MGT320-3 – The Legal Environment of Business Colorado State University-Global Campus Dr. Jason Lum April 26, 2013 Business Ethics Reform There have been many, increasingly significant business scandals and failures over the past forty years. There were the bribery scandals of the 1970s, the defense industry scandals of the 1980s, and the Savings & Loan scandals of the 1908s and 1990s. After that came the dot-com collapse, the accounting scandals
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1. Strategy, Governance Concepts and Business Terminology: |1. Business continuity |7. Ownership structure | |2. Balance sheet |8. Acquisition | |3. Capital funds |9. Operating margins | |4. Corporate governance |10
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Question | ONE Accountants owe the duty to act in a professional and ethical manner concerning clients, as well an obligation to respect the laws that are involved with the profession. This is where a crossroads of ethics and legalities are formed and potentially the defining point of crucial decision-making. Stephen Richards and his actions under employment with Computer Associates (CA) are then examined in light of this concept. Accusations against Stephen Richards permitting the backdating
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Introduction Good corporate governance (GCG) in a corporate set up leads to maximize the value of the shareholders legally, ethically and on a sustainable basis, while ensuring equity and transparency to every stakeholder - the company's customers, employees, investors, vendors-partners, the government of the land and the community (Murthy, 2006). GCG is a must for ensuring the required values to different stakeholder groups. It enhances the performance of corporations, by creating an environment
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