Corporate governance involves a set of relationship between a company’s management, its board, its shareholders and other stakeholders. Corporate governance also provides the structure through which the objectives of the company are set, and the means of attaining those objectives and monitoring performance are determined (OECD, 2004). Using any of the defunct banks as a case study, justify how this definition is in line or deviates from good corporate governance as exhibited by the leadership of the bank.

Corporate governance involves a set of relationship between a company’s management, its board, its shareholders and other stakeholders. Corporate governance also provides the structure through which the objectives of the company are set, and the means of attaining those objectives and monitoring performance are determined (OECD, 2004). Using any of the defunct banks as a case study, justify how this definition is in line or deviates from good corporate governance as exhibited by the leadership of the bank.

Principles of Management

OER 2019th Edition

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax

Chapter5: Ethics, Corporate Responsibility, And Sustainability

Section: Chapter Questions

Problem 8CTQ: How would a stakeholder approach, if taken by the companys top leaders and board of directors, have...

See similar textbooks

Similar questions

Why does a CISO need to be able to differentiate the drivers of corporate governance and IT governance? Compare and contrast corporate and IT governance from the standpoint of someone trying to explain the difference to IT personnel who may not know the corporate drivers.
Which one of the following reflects a rules-based approach to corporate governance?A. Hong Kong Corporate Governance CodeB. OECD Principles of Corporate GovernanceC. UK Corporate Governance CodeD. Sarbanes-Oxley Act
Conduct Research on King IV. Give a brief overview and list the principles. Provide a definition of what corporate governance is. Provide a comprehensive researched example of a well-known South African organisation that has shown a lack of corporate governance. There should be a clear link to what you have researched on King IV and the example. For example, clearly indicate which principles they did not adhered to. Examples merely copied from a source will not warrant marks.
DQ3: Corporate Ethics: Discuss the situations in which the corporate entity should be disregarded. Describe any situations they know of in which the behavior of a company was so socially repugnant that the owners should have been held personally liable. Is it easier to start a business in “virtual” space than in “real” space? Is it less (or more) expensive? What are the applicable laws? Perhaps most important from a business person’s perspective, is it possible to turn a profit? How? Are there different considerations for choosing an organizational form for doing business on the Net than there are for doing business elsewhere? If so, what are they? What legal principles and laws apply to online sexual harassment in the workplace? How might employee cyberstalking be prevented, both from a legal and a practical point of view?
A company or organization that lost its ' moral compass', such as Wells Fargo, WorldCom, Hollinger Inc, or Tyco, and discuss the consequences to the organization including internal and external stakeholders
what is environmental,social and corporate governance? what does esg do? illustrate some examples.
What would be the benefits to the company if it moved towards higher levels of corporate governance
Select a real case situation. Use one which you either know about already or have identified through research. Select a case(s) of weak regulatory framework which resulted in the demise of a credit institution and do the following: i. Outline and discuss two (2) ways the regulatory bodies’ timely intervention could have prevented such a situation? ii. How effective do you think the response was to such a crisis? ii. Outline and discuss two ways/actions that could have been pursued to further strengthen the regulatory environment?
What is Corporate Governance? What is its primary objective? Why has there been a recent global emphasise on corporate governance?
Critically consider any TWO (2) theories of corporate governance which you believe have greatly impacted on the development of corporate governance principles and practice in your country.
With reference to the various international Codes in Corporate Governance and best practices that have emerged following the collapse of Enron, critically discuss on the extent to which the Codes and best practices could be applied if you were to save the Company.
Describe how effective corporate governance in Procter and Gamble (P&G) seeks to ensure ethical decision making by a firm’s top-level managers.