Corporate Governance Assignment Essay

Assignment 2 Question 1 1. The maintenance of capital doctrine is developed to prohibit a company from reducing its share capital because a reduction in capital would reduce the pool of funds available to the company to pay its creditors. Section 254T provides that dividends are only payable out of profits. This provision ensures that capital is not return to shareholders in the form of dividend. The term “profit” is not defined in the Corporation Act. In Re Spanish Prospecting Co Ltd (1911), it

Assignment 3 Introduction The Chief Executive Officer (CEO) is the highest-level of management within an organization. The CEO oversees all the lower-level employees and the other senior executives such as the Chief Financial Officer (CFO). Therefore, the CEO provides leadership to the CFO and all the other top-level executives in order, to build and implement an effective financial and strategic plan for the organization. As a result, the strategic and financial plans must be aligned with the

The focus of this week’s assignment is the Sarbanes-Oxley (SOX) Act of 2002. A brief historical summary of SOX will be presented, including the events leading up to its passage. The key ethical components of SOX will be identified and explained. The social responsibility implications of the mandatory publication of corporate ethics will be assessed. One of the main criticisms of SOX has been its implementation costs, and this specific criticism will be addressed in regards to smaller organizations

FCFC Assignment Questions 1. Will the BSC program at First Commonwealth provide Board members with the information they need to fulfill their governance responsibilities? Does a board really need information beyond the results reported in a company’s monthly, quarterly and annual financial reports? To engage board member’s expertise much more around the strategic direction that the company is taking would require giving different types of information to board and having different discussions

Assignment QUESTION 1: Critically examine the view that the law determining who is a de facto director is unclear. Introduction Directors may be of three kinds: de jure directors, that is to say, those who have been validly appointed to the office; de facto directors, that is to say, directors who assume to act as directors without having been appointed validly or at all; and shadow directors who are persons with whose directions of instructions the directors of the company are accustomed to

Student Name : Anjana Sherchan Student Id : 11600528 Subject : Introduction to Management Lecturer : Ian Jin Submitted date : 09/09/2016 Assignment Type : Individual Analysis Report Topic : Strategic Development within an Organisation Case : National Australia Bank Word count : 2116  Table of Contents: 1. Background 4 2. National Australia Bank – Growth and Development trend (Past and Present time

BOARD PERFORMANCE by Clarke Murphy, The Corporate Board - July/August 2010 Item number one on any description of corporate board duties is hiring and firing of a chief executive. However, success in CEO selection depends in large part on shaping a sound succession process from the board level. Shareholder advocates now see good CEO succession planning as a reflection of the quality of the board itself. Public debate regarding corporate governance issues tends to focus on one primary topic

Board of Directors: Structure, Mission, and Functions For Profit and Non-Profit Organizations I chose to write my paper about the Board of Directors. It’s a vital component in an organizations structure that I know very little about. By researching this topic, I will gain a better understanding about the structure, mission, and functions of an organization’s Board of Directors. The Board of Directors is defined as “a group of elected individuals who serve as representatives of an organizations’

Corporate Finance AIG Accounting Scandal Explained December 8th, 2012 ________________________________________________________________________________ On February 9th, 2006, the SEC and the Justice Department settled with AIG for an amount in excess of $1.6B related to alleged improper accounting, bid rigging (defined by Investopedia as a scheme in which businesses collude so that a competing business can secure a contract for goods or services at a pre-determined price), and practices involving

styles, communication channels, decision-making process and managing teams and value system followed in the two different nations where different cultures are followed (Kittler, et. al., 2011). This assignment discusses the different business culture present in Bangladesh and Canada. This assignment covers the similarities and differences which exist between two different cultures followed in Bangladesh and Canada. According to Mihaela (2014), the culture of a country contributes to the development