due to an illness. In June 1981 Peter was invited to join the MCA board of trustees. In 1989 Peter was elected the board chairman. He then devoted more time to managing the MCA with the hope that his business acumen could make MCA a more nationally prominent museum. At the start of 1989 Keith Schmidt was hired as MCA’s executive director. One of the first things he did was to set goals for the museum. He wanted it to be the best museum in the Midwest and among top five across the nation in five years
Words: 2470 - Pages: 10
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
Words: 43055 - Pages: 173
successfully. There has been a spree of corporate frauds worldwide, e.g., Enron in the United States and Satyam Computers in India. The latter had accounting and auditing flaws apart from lack of accountability and oversight by Independent Directors at Board meetings. There was no whistle-blowing in case of Satyam Computers unlike Enron. The Satyam Computers revelation was an outcome of a takeover attempt. It eroded the wealth of shareholders. From this fraud it is evident that we need to review
Words: 4791 - Pages: 20
for Corporate Governance, the International Corporate Governance Network and the Business Roundtable. In addition, we have sought the views of various corporate governance and legal advisors, institutional investors, corporate officers and company directors, and utilized the combined experience of the founding partners.This endeavor has produced a set of hundreds of metrics structured in a manner that can only produce yes, no or not disclosed answers. In this way we have attempted to eliminate a large
Words: 3632 - Pages: 15
Strength. Momentum. Connectivity. 2011 ANNUAL REPORT BUILDING A BANK OF GLOBAL QUALITY WITH A REGIONAL FOCUS WHO WE ARE AND WHERE WE OPERATE OUR PROGRESS ANZ‘s ANZ‘s history of expansion and growth stretches over 175 years. We have a strong franchise in Retail, Commercial and Institutional banking in our home markets of Australia and New Zealand and we have been operating in Asia Pacific for more than 30 years. ANZ ANZ is the only Australian bank with a clearly articulated
Words: 135636 - Pages: 543
Journal of Economic Perspectives—Volume 17, Number 3—Summer 2003—Pages 71–92 Executive Compensation as an Agency Problem Lucian Arye Bebchuk and Jesse M. Fried E xecutive compensation has long attracted a great deal of attention from financial economists. Indeed, the increase in academic papers on the subject of CEO compensation during the 1990s seems to have outpaced even the remarkable increase in CEO pay itself during this period (Murphy, 1999). Much research has focused on how executive
Words: 17317 - Pages: 70
Content Page Directors' report 1 Compliance with Code of Corporate Governance 7 Directors' responsibility and approval 25 Auditors' report 26 Statement of significant accounting policies 28 Profit and loss accounts 36 Balance sheets 37 Cash flow statements 38 Notes to the financial statements 39 Statement of value added 73 Five-year financial summary 74 Financial risk analysis 78 DIAMOND BANK PLC Directors' Report For period ended 31 December 2011 The directors present their
Words: 38866 - Pages: 156
registration statement number, or the form or schedule and the date of its filing. 1) Amount previously paid: 2) 3) 4) Form, Schedule or Registration Statement No.: Filing Party: Date Filed: May 11, 2012 To Our Shareholders: On behalf of the Board of Directors and management of Krispy Kreme
Words: 59365 - Pages: 238
2.4 Business Units ■ 2008 2012 2011 2012 A Brief History of Recruiting Illustrative Requisition Fillers ■ Process Masters ■ Talent Advisors ■ The Future of Recruiting? Recruiting impacted by: ■ Shrinking talent pools; ■ ■ ‘Spraying and praying’ through printed job advertisements Taking orders from hiring managers Using online technology Building pipelines of passive talent Executing processes effectively ■ Building business acumen and labor market expertise
Words: 4681 - Pages: 19
at Accounting Biovail INTRODUCTION Operating within a complex and highly competitive pharmaceutical industry, the challenges confronting Biovail are intensifying as regulatory agencies release formal allegations of misconduct against four corporate executives and as outstanding lawsuits, widespread scrutiny, and a history of questionable accounting practices are unavoidably coming to a head. Responsible for overcoming its damaged reputation and for moving the company forward, it is imperative that
Words: 3538 - Pages: 15