Governments are bodies formed to exercise authority over the actions of persons who live together in a society and to provide and finance essential services of these persons. Two main views and perspectives have emerged and are held by various eminent and respectable schools of thought. Analyse the political philosophers’ view of government in the context of the world system of governance. Discuss how you can relate Ghana to these viewpoints.

Governments are bodies formed to exercise authority over the actions of persons who live together in a society and to provide and finance essential services of these persons. Two main views and perspectives have emerged and are held by various eminent and respectable schools of thought. Analyse the political philosophers’ view of government in the context of the world system of governance. Discuss how you can relate Ghana to these viewpoints.

Business/Professional Ethics Directors/Executives/Acct

8th Edition

ISBN:9781337485913

Author:BROOKS

Publisher:BROOKS

Chapter5: Corporate Ethical Governance & Accountabililty

Section: Chapter Questions

Problem 5.1EC

See similar textbooks

Similar questions

Every government is expected to perform some key economic roles to ensure sustainable development and improved welfare of the citizenry. Discuss the four key economic functions performed by the government of Ghana indicating how satisfactory or not (with sufficient evidence backing your stand) the current government of Ghana has performed each role.
Presented below are three models for setting GAAP. 1. The purely political approach, where national legislative action decrees GAAP. 2. The private, professional approach, where GAAP is set and enforced by private professional actions only. 3. The public/private mixed approach, where GAAP is basically set by private-sector bodies that behave as though they were public agencies and whose standards to a great extent are enforced through governmental agencies. Instructions a. Which of these three models best describes standard-setting in the United States? Provide justification for your answer. b. Why do companies, financial analysts, labor unions, industry trade associations, and others take such an active interest in standard-setting? c. Cite an example of a group other than the FASB that attempts to establish accounting standards. Speculate as to why another group might wish to set its own standards.
Critically examine the principle of Accountability in public administration For the principle examine a) The meaning and its importance in public administration b) Applicable laws (constitution and FAAA) in Kenya c) Application in judicial decisions/case laws
Discuss whether it would be desirable to have one model of corporate governance applicable to all countries?
Based on the American “constitution,” which internal and external stakeholders, in the policy making process, possess “constitutional legitimacy” for their role in making public policy? Do entities with explicit power have more influence than those entities with implied powers in making public policy? Should they? Why or why not?
Which of these is the system of incentives and monitors that tries to overcome the agency problem? Multiple Choice Security Exchange Commission Checks and Balances Board of Directors Corporate Governance
Which of the following is a remedy for the Agency Problem in the U.S.? Shareholders have the right to elect the board of directors, which can serve as an effective check if the board remains independent of management. Shareholders have the right to overrule any managerial decisions. The U.S. government directly intervenes in company decisions to ensure shareholder interests are protected. The board of directors should always take management roles in the company.
Discuss the importance of good governance in the public sector
What are the advantages and disadvantages of special interest groups within the democratic system of government? Should governments allow professional lobbyists to influence government legislation? Why or why not?
Why is there a need for an organization to consider the opinion of its stakeholders? and summarize the role of stakeholders in the Philippine business entity.
Is there a clear link between the government’s programs and the desired outcomes of the administration in the Financial System of the Philippines?
what are some Recommendations on how government accounting may be improved in Guyana? be indeph and thorough with the response