StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Corporate governance - Essay Example

Cite this document
Summary
P&G has been very effectively implemented the various ingredients of corporate governance which are very much in accordance with the recommendations of the combined code on best practice. The governance factor begins from the top level i.e., the board. The Procter & Gamble…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.3% of users find it useful
Corporate governance
Read Text Preview

Extract of sample "Corporate governance"

Download file to see previous pages

ehalf of all shareholders of the Company and hence is responsible for every matter related to the firm that is the establishment of the firm itself and then providing every possible help so that it can achieve every business and organizational objectives and that too under continuous guidance with proper review and timely counseling. The set of purposes for which the board has been established are: To approve and monitor various critical business and the corresponding financial strategies of the company thereby assessing every major risks which the Company might face and the ways through which it can be mitigated.

To oversee processes that have been designed to ensure that the Company; its employees etc are very much functioning under the law of the land as well as the applicable laws and regulations and the Companys conduct manual that is applicable equally at all places. The company’s power structure has been clearly defined along with the responsibilities of the head of the company is in between the functioning of the board and the executives withholding the responsibilities of the various businesses, departments and projects of the company.

The decision making is a joint work with none of the individual having superior powers of decision. The appointment of new directors to the board is being done after a formal, rigorous and transparent procedure. The appointment is being achieved while depending on the information that board are being supplied on periodic basis that too in form of skills and qualification which is most suitable as well as appropriate so that the complete board including the new individual will get enabled to form a unit while discharging its duties.

All directors over here receive induction on joining the board and are regularly updated to refresh their skills and knowledge. Corporate governance and the associated system is quite necessary for ensuring better performance of the whole corporate entity so that shareholders interest

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Corporate governance Essay Example | Topics and Well Written Essays - 3750 words”, n.d.)
Corporate governance Essay Example | Topics and Well Written Essays - 3750 words. Retrieved from https://studentshare.org/miscellaneous/1540682-corporate-governance
(Corporate Governance Essay Example | Topics and Well Written Essays - 3750 Words)
Corporate Governance Essay Example | Topics and Well Written Essays - 3750 Words. https://studentshare.org/miscellaneous/1540682-corporate-governance.
“Corporate Governance Essay Example | Topics and Well Written Essays - 3750 Words”, n.d. https://studentshare.org/miscellaneous/1540682-corporate-governance.
  • Cited: 0 times

CHECK THESE SAMPLES OF Corporate governance

UK Corporate Governance Law

Harris Kamran Corporate Law Analysis 9 April UK corporate governance Law The UK corporate governance Law is instituted to enhance the understanding and level of cooperation between the business board members and the shareholders, so that each may deliver their duties to the best interest of the company, and can openly and honestly share ideas and opinions (FRC 2010).... The UK corporate governance Code.... The UK Corporate governance Law is instituted to enhance the understanding and level of cooperation between the business board members and the shareholders, so that each may deliver their duties to the best interest of the company, and can openly and honestly share ideas and opinions....
3 Pages (750 words) Essay

Corporate Governance Dilemma

corporate governance Dilemma and the IKEA case In the business world, several moral and ethical decisions have a detrimental effect on the leadership of a corporation before embarking in any decision-making principles.... This issue, widely known as corporate governance, is widely discussed and involved in various scandals that emerged in the last two decades, such as fraud, abuse of management power and executive overpay among others.... By analyzing and discussing various theories, experts conceptualized the idea behind corporate governance in two paradigms....
4 Pages (1000 words) Essay

Corporate Governance in Germany

An author of the following essay "corporate governance in Germany" intends to concern the main principles of the corporate governance in Germany related to other countries.... hellip; The ideals of corporate governance have been in place since the early 20th century, but only in recent years has it become a central issue amongst businesses and economies the world through.... America is slowly reforming the ideals of corporate governance, but probably one country with the most work done with the idea has been Germany....
3 Pages (750 words) Essay

Corporate Governance Issues

This is a critical discussion of the following statement attributed to Sir Adrian Cadbury in the context of socially responsible investment (SRI): “The continued existence of companies is based on an implied agreement between business and society”.... hellip; A society is a group of people who get together and share a common goal, whilst a business is an artificial (something created or put together, as opposed to a natural, or existing in nature, society) form of social organisation that fulfils three main goals: it keeps the person who created it busy, it provides the same person some income, and it provides society with a product or service that meets a need....
9 Pages (2250 words) Essay

Comparative Corporate Governance

The other major corporate governance model – Rhineland Model, on the other hand, is known as the stakeholder model because it is less susceptible to the kind of financial crisis that afflicted Enron due to the financial manipulation that was taking place.... The Anglo Saxon system of corporate governance places its emphasis upon “free market operation”, where the ultimate objective of organizational function is the achievement of shareholder value.... Attention is also directed to other stakeholders in the corporation in terms of objectives, criteria for performance as well as the corporate governance structure and processes....
9 Pages (2250 words) Essay

Corporate Governance Models

This essay presents the comparison of the two models of corporate governance: Shareholder value and Stakeholder, as companies have now begun to realize that employees constitute an important part of the corporate community in addition to the shareholders.... SHAREHOLDER VALUE MODEL & STAKEHOLDER MODEL Below is a comparison of the two models of corporate governance: Shareholder value and Stakeholder.... As the time passed and new developments came about in corporate governance, the theory underlying the shareholder value model changed to a certain extent but the theory is still followed as the new theory ‘The Stakeholder Model' are yet fully developed....
2 Pages (500 words) Essay

Corporate Governance Approaches

From the essay "corporate governance Approaches" it is clear that state ownership would make sense if the organization is offering a good that would be useful for everyone, for instance, electricity and government should own such organizations in order to have control over these strategic assets.... hellip; Shareholder capitalism, Stakeholder Capitalism, and State Ownership are the three main approaches of corporate governance and this report discusses these three approaches and compares one with another....
2 Pages (500 words) Essay

Corporate Governance Coursework

As such, effective corporate governance is necessary to ensure that those charged with running a public corporation engage in good practices (Shleifer & Robert 1997, p.... Further, other constituents, for example, the media and regulators have an important role to play in terms of enhancing corporate governance in larger organizations that serves the risk bearing constituents (Harris & Ravis 2010, p.... Where the CEO and the board of directors work on behalf of the public shareholders, good corporate governance is critical....
8 Pages (2000 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us