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Corporate Governance and Finance - Essay Example
Author : modestamonahan
Pages 12 (3012 words)
This paper talks about the performance of Apple Inc. with the last 8 months and relate its performance to the effectiveness of its corporate governance. Various researches have revealed that superior corporate governance is greatly correlated with improved operating performance as well as market valuation…
This essay stresses that the subject of corporate governance is associated with the jobs and accountabilities of a business organization’s Board of Directors in handling the business and their associations with the organization’s shareholders as well as other stakeholder. Characteristically, in any corporate organization the full time executive directors possess extensive powers with reference to the dealings and matters of the organization they are paid to manage in support of the shareholders. Nevertheless, the executive directors might not always bear the interests of the shareholders in their mind while carrying out their executive responsibilities. Consequently, this had resulted in endeavors to make the directors more liable for their strategies and actions.
This paper makes a conclusion that Apple Inc. practices strong corporate governance principles and hence the company has not faced any major instances of conflict of interest. The comprehensive assessment of the corporate governance as well as the code of conduct of Apple Inc. revealed that the Company abides by strict guidelines and always attempts to protect the interests of its stakeholders. This strict abidance to the required market practices have resulted in positive fortune for the Company. The assessment of the financial position of the company illustrated that the position of the company had further fortified since the years and the stock price movements revealed that Apple is provided good value for shareholders’ money. ...