monitoring progress towards the timely and effective achievement and implementation of the objectives, policies and strategies set by the Board and of other decisions taken by or on behalf of the Board;
facilitating the effective contribution of non- executive directors and…
Separating the roles of chairman and CEO mainly helps in distributing the balance of power and responsibilities. Board is the primary internal control mechanism for aligning the different interests of shareholders and top management. When an individual serves simultaneously as chairman and CEO, the Board’s control over him will be weakened. This does not happen when the roles are separated.
The role of Chairman includes managing the business of the Board and monitoring its progress. Non-segregation of duties of Chairman and CEO would reduce the monitoring effectiveness over the management of the company.
Opportunistic executives may take advantage of their combined role as Chairman and CEO in order to personally benefit at the expense of the shareholders. The chances of such injustice would reduce to an extent if the roles are separated.
Having a single leader instead of two helps promote effective action by the CEO speeding up response to external events faced by the company. Separation of roles could lead to delays in such response.
(iv) The main reason for any company to issue its rights shares at a discount is to make the offer relatively attractive to shareholders and encourage them either to take up their rights or sell them so the share issue is “fully subscribed”. The price discount also acts as a safeguard should the market price of the companys shares fall before the issue is completed. The existing shareholders or purchaser of rights would still be interested in subscribing for the shares so far as the subscription price remains lower than the market price of the shares.
A company would prefer to use rights issue as a source of finance because the chances of the shares being fully subscribed under rights issue is higher when compared to shares being freshly issued in the market.
A firm can grow in two ways: either by merging with or ...
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But from a scholarly point of view, it can be explained as “the raising of the Earth’s temperature” (Dispensa & Brule, 2003, p.87) due to the increasing entrapment of solar-heat, in the atmosphere, by the greenhouse gasses such as “the introduction of Carbon dioxide, Methane, and other gases” (Dispensa & Brule, 2003, p.87) etc.
The organization employs a large number of workers; currently there are 32k individuals working for the airlines and the organization has earned a total of $10m during one year while $8.7 billion have only been earned by the sales department. The organization has experienced various recessionary periods but has always been able to operate in a profitable manner.
Although the company has been in the market for a long time with great enjoyments of big shares, its privacy has been disclosed to intruders who has caused it harm of losing customers confidence. The company’s strategies and its functional information have been intruded up by some of its core competitors.
Li, 2006). China's prevention program provides important lessons to individuals, community providers, health insurance, and research as one company has provided health management services for its employees since 1987 and, through controlling factors like hypertension, fat intake, and smoking, has saved nearly $ 40 million every year.
Because not only the faculties have to shape individuals into pupils who can cope with the demands of academics but the faculties have to make them realize the persons they are. Many times it is often observed that students by the time they complete their Bachelors or schooling have a feeling they have learnt everything and they have a reason to believe so.
Variables being assessed in the evaluation questions are addressed in the present time, such that the present observed scenario is evaluated and reported.
The first choice that would need to be made in planning to collect observation data is the type of observation to
These two factors are important part of innovation. The role of incentives must be supported by the higher level management of organization. The efforts towards the promotion of innovation in organization can be stronger by application organization
“Content marketing is a marketing technique of creating and distributing valuable, relevant and consistent content to attract and acquire a clearly defined audience – with the objective of driving
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