Disadvantages of using a one size fit all corporate governance code globally
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Disadvantages of using a one size fit all corporate governance code globally
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- Enumeration 1 to 4: The four (4) key players in the Japanese model of corporate governance 5 to 8: Key players in the Japanese model of corporate governance that are not key players under the Anglo-US model of governance.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.In its narrowest sense, corporate governance refers to the formal system of accountability of the Board of Directors of an organisation to its shareholders. In its broadest sense, corporate governance refers to the formal and informal relationships between the corporate sector and its stakeholders, and the impact of the corporate sector on society in general.With reference to this: 3.1 Explain how corporate governance is related to the strategy of an organisation.3.2 Evaluate the benefits of effective corporate governance. The points below must be developed for question 3.2 The benefits of business governance can be tabulated as follows:- Increases the value of the organisation- Nurtures a spirit of enterprise- Gives confidence to the market- Enhances the reputation of the organisation - Enhances empowerment of all stakeholders - Improves efficiency- Encourages innovation- Enhances competitive advantages- Meets financial, legal and statutory obligations.
- 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.Discuss the general lessons in terms of corporate governance that can be drawn from this case.0The UK Corporate Governance Code (2018) gives guidance on Division of Responsibilities. Which TWO of the following are principles which apply in this area? A. The board should include an appropriate combination of executive and non-executive (and, in particular, independent non-executive) directors, such that no one individual or small group of individuals dominates the board’s decision-making. There should be a clear division of responsibilities between the leadership of the board and the executive leadership of the company’s business. B. The roles of chief executive and company secretary should be done by the same person where possible. C. Full time executive directors are actively encouraged to take on additional non-executive directorships in other companies. D. The chair leads the board and is responsible for its overall effectiveness in directing the company. They should demonstrate objective judgement throughout their tenure and promote a culture of…
- The company is Nestle (Malaysia) Berhad: a) What are the major credentials do you think that the company (Nestle Malaysia Berhad) have in order to sustain in the market? b) What is your opinion about the company’ corporate governance system? NOTE: you have to construct an appropriate paragraph with introduction and definition is necessary in order to answers the questions. (Not directly write the content like examination).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 ActCorporate governance is the process through which a business is managed efficiently andeffectively.The goal of corporate governance is to make sure that businesses are operated in the best interestsof their shareholders, workers, and other critical stakeholders such as the community at large. Requirement:You are required to write a report which should consist of the following:I. An introduction on the five parts of UK Corporate Governance Code.
- a. Enterprise governance is an emerging term that describes a framework covering both the corporate governance and the business governance aspects of an organization. Control Objectives for Information and Related Technology (COBIT), Committee of Sponsoring Organizations of the Treadway Commission (COSO), Factor Analysis of Information Risk (FAIR), and Information Technology Infrastructure Library (ITIL) are considered some of the governance framework that are being used, explain your understanding on them and provide the function of each framework. b. It is considered that Organizational Structure is also one of the key components of governance because it identifies the key decision-making entities in an enterprise. For that being said, enumerate at least three (3) organizational structures and discuss its role and function to the organization. c. Business Continuity Planning (BCP) is the process of creating a system of prevention and recovery from potential threats to a company. The…1. Explain (8) basic characteristics of Good Governance. 2. Give actual cases of unethical practice of a Philippine company.In relation to Corporate Governance, select the most accurate statement: Corporate Governance refers to... Select one: 1.the need for companies to be managed in a way that is transparent, and ensure accountability for wrongdoings 2.All of the above 3.the need to shift the focus of corporate behaviour, from being purely focused on protecting the interests of company shareholders, to ensuring protective measures are taken to benefit all stakeholders of the company 4.None of the above 5.the way companies are directed and managed to ensure that companies are controlled in a manner that most efficiently protects and promotes the interests of their participants