Corporate Governance & Ethics - Case Study Example

Only on StudentShare

Extract of sample
Corporate Governance & Ethics

The drugs manufactured by the company targets diseases such as asthma, viruses, infectious diseases, diabetes and digestion related complications (Mathew, 2011). The drug Industry controls a significant amount of the global revenue with drugs constituting over 10% of medical cost in the United States. It is also considered as one of the fastest growing segment in the world economy with significant research being conducted with pharmaceutical giants like GlaxoSmithKline international. A number of patents and ethical issues that guide the processes of drug discovery, clinical trials and marketing control the pharmaceutical industry. In this paper, ethical issues that guide the pharmaceutical industry will be analysed with emphasis placed on the practices of GSK and how lapses in the ethical practices has affected its ability to market high quality products. The processes of ensuring ethical practices within pharmaceutical discoveries, marketing and post market surveillance will also be evaluated to identify how GSK failed to prevent future ethical dilemmas. Ethical mistakes and conducts have a number of consequences on the reputation of a company as it affects the attitude of the market towards the company. ...Show more

Summary

Corporate Governance and Ethics: GSK Case Study Introduction GlaxoSmithKline is one of the largest pharmaceutical companies in the world, currently ranked at fourth in world based on market capitalization and the number of subsidiaries in the world following Pfizer, Novartis and Sarnoff multinationals…
Author : zkerluke
Save Your Time for More Important Things
Let us write or edit the case study on your topic
"Corporate Governance & Ethics"
with a personal 20% discount.
Grab the best paper

Related Essays

The development of corporate governance code in UK since 1992
In the report, the researcher has discussed about the development of the UK corporate governance code from 1992 to present. For ensuring a good corporate governance structure in the companies, the government has set many committees for suggesting the changes those are required in the companies. The committees suggested changes in the various areas of the company.
16 pages (4000 words) Essay
Corporate governance
The CEO represents a management not a board. However, the board is represented by a chairman, who is authorised to oversight the management and make certain strategic decisions about a company. Corporate governance is defined as how the companies are controlled and directed.
4 pages (1000 words) Coursework
Importance of Corporate Governance on Bank Risk Management
Adherence to these principles is for the purpose of improving the company’s performance in terms of value additions and risk management. The increase in value of a company means the well-being of the entire company since all its beneficiaries for example; company officials, shareholders and all the stakeholders will have a share of the benefits.
6 pages (1500 words) Assignment
Ethics, Corporate Governance and Social Responsible Investemtn
In an enabling environment however, compliance to any system is not mandatory and firms may either to choose to comply or not. No legal notice bind firms in an enabling environment to comply with certain regulations. The United States applies mandatory corporate governance as its mode of regulation, especially with the enactment of the Sarbanes-Oxley act.
12 pages (3000 words) Essay
Corporate Governance and Ethics
It provided the researcher with enough evidence on ethical lapses present within an organization particularly in the pharmaceutical sector. The report has been divided into two tasks. Task 1 is based on the case study, “GlaxoSmithKline experiences high cost of product quality issues” which identifies the ethical lapses that may have affected the product quality at GSK.
14 pages (3500 words) Case Study
Analyse the corporate governance statement of NewsCorp
Additionally, the company has its major revenues from cable networks, the filming industry and Fox News Channel and its shares can also be found on the Australian Securities Exchange and NASDAQ (Mallin & Tricker 1). Corporate governance statement Until June 2013, News Corporation (NewsCorp) company reviewed its policies and principles for effective running of the company.
3 pages (750 words) Essay
Ethics and Corporate Accounting Practices
In the preamble that has been recently published by OECD, they have stated that corporate governance signifies a set of association that lies between the management of the company, its shareholders and its board, which also involves the other stakeholders of the company.
11 pages (2750 words) Research Paper
MNE should stop outsourcing to developing countries 2
This paper will investigate the influence of outsourcing to developing countries by MNEs with special emphasis on Africa. Significant number of job losses is attributed to the existence of outsourcing policies in MNEs. The research will involve analyzing
3 pages (750 words) Assignment
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT