Tag Archives: Corporate Governance

by | May 17, 2013

A Study on Responsible Investment

A Study about Responsible Investment

The Responsible Investment (RI) industry is a continually growing and changing field that encompasses institutional investors, asset managers and financial service providers. Since the launch of the UN Principles for Responsible Investment (PRI) in 2006, a number of innovations, initiatives and events have moved the industry significantly forward. The Principles now represent more than 800 signatories and over $20 trillion in assets under management.

Case Study on Responsible Investment

The RI field has made progress on many fronts: tools for accessing information about environmental, social and corporate governance (ESG) issues are increasingly available, and publicly available data around corporate social responsibility (CSR) and sustainability practices is continually expanding; institutional investment strategies focusing on ESG-themed investments or integrating ESG factors into the investment decision-making process are common across many traditional and alternative asset lasses; and, finally, research into the relationship between financial performance and ESG factors, both academic and applied, continues to improve in quantity and quality. Keep reading…

Comments

Filed under Concepts, Corporate Social Responsibility, Finance

Tagged as , , , , , , , , , , , , , , , , , , , , ,

by | May 17, 2013

A Case Study of Destructive Corporate Leadership and Board Loyalty Bias

A Study about Destructive Corporate Leadership and Board Loyalty Bias

Introduction: In this paper we argue that the widely-held public corporation, characterised by “strong managers and weak owners” (Roe, 1994) is exposed to what Padilla, et al (2007) identify as “destructive leadership” risks which, due to board loyalty biases, current corporate governance codes appear to do little to mitigate. As Padilla et al argue for destructive leadership to take hold and to generate extreme negative outcomes there typically needs to be a “toxic triangle” consisting of “destructive leaders, susceptible followers and conducive environments”. All three of these elements are present in the widely-held corporation and hence it ought not to be too surprising therefore to regularly observe negative corporate outcomes such as value destroying takeovers, financial fraud and delusional business strategies initiated and driven by over-mighty and hubristic CEOs. We illustrate these issues via an examination of Michael Eisner´s long tenure as Disney Corporation´s CEO.

Case Study on Destructive Corporate Leadership

In contrast, we believe that the Disney case, whilst not involving any explicitly fraudulent behaviour, does illustrate the potential for massive destruction of shareholder value stemming from behaviour that is far more common and widespread amongst corporate elites and board members. The position of CEO in a widely-held firm bestows on the holder immense authority, control over resources and over the careers of his/her subordinates; in short, the CEO has immense power. Unfortunately, power corrupts; that is, it produces psychological and behavioural changes that greatly reinforce the high degree of managerial entrenchment characteristic of many widely held firms. These features encourage narcissistic and charismatic CEOs to turn into “destructive leaders” through their ability to subvert and corrupt subordinates and to override other organisational and external safeguards. We argue that such individuals frequently abuse their incumbency to cultivate susceptible followers and to create the necessary conducive environment via their exploitation of a pronounced and inappropriate “loyalty bias”. Keep reading…

Comments

Filed under HR

Tagged as , , , , , , , , , , , , , , , , , , , , , ,

by | May 17, 2013

Case Studies on System Leadership

Studies on System Leadership

The OECD is a unique forum where the governments of 30 democracies work together to address the economic, social and environmental challenges of globalisation. The OECD is also at the forefront of efforts to understand and to help governments respond to new developments and concerns, such as corporate governance, the information economy and the challenges of an ageing population. The Organisation provides a setting where governments can compare policy experiences, seek answers to common problems, identify good practice and work to co-ordinate domestic and international policies.

Case Study on System Leadership

The OECD member countries are: Australia, Austria, Belgium, Canada, the Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, the Slovak Republic, Spain, Sweden, Switzerland, Turkey, the United Kingdom and the United States. The Commission of the European Communities takes part in the work of the OECD. OECD  Publishing disseminates widely the results of the Organisation’s statistics gathering and research on economic, social and environmental issues, as well as the conventions, guidelines and standards agreed by its members. Keep reading….

Comments

Filed under Free Cases

Tagged as , , , , , , , , , , , , , , , , , , , , , ,

by | May 11, 2013

A Case Study in Improving School Leadership: System Leadership

A Case Study about Improving School Leadership: System Leadership

The OECD is a unique forum where the governments of 30 democracies work together to address the economic, social and environmental challenges of globalisation. The OECD is also at the forefront of efforts to understand and to help governments respond to new developments and concerns, such as corporate governance, the information economy and the challenges of an ageing population. The Organisation provides a setting where governments can compare policy experiences, seek answers to common problems, identify good practice and work to co-ordinate domestic and international policies. The OECD member countries are: Australia, Austria, Belgium, Canada, the Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, the Slovak Republic, Spain, Sweden, Switzerland, Turkey, the United Kingdom and the United States.

Case Study on Improving School Leadership

Executive summary: The 21st century is still in its first decade, yet many countries have already seen dramatic shifts in the way schools and education systems are managed compared with those of the end of the last century. A prime stimulus for these changes is a combination of shifts in society, including greater migration, changes in social and family structures, and the use (and misuse) of information and communications technologies. Also influential is a greater emphasis on relative performance of different schools and education systems, between schools, school systems and countries. The strong focus on education by governments and society is entirely appropriate. Only through education can we develop the knowledge and skills that are vital for our countries’ economic growth, social development and political vitality. And most importantly, for the success of the children who will be our future generations. keep reading..

Comments

Filed under HR

Tagged as , , , , , , , , , , , , , , , , , , , , ,

by | May 3, 2013

A Case Study for Organization for Economic Co-Operation and Development

Study about Organization for Economic Co-Operation and Development

The OECD is a unique forum where the governments of 30 democracies work together to address the economic, social and environmental challenges of globalisation. The OECD is also at the forefront of efforts to understand and to help governments respond to new developments and concerns, such as corporate governance, the information economy and the challenges of an ageing population.

Case Study on Organization for Economic Co-Operation and Development

The OECD member countries are: Australia, Austria, Belgium, Canada, the Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, the Slovak Republic, Spain, Sweden, Switzerland, Turkey, the United Kingdom and the United States. The Commission of the European Communities takes part in the work of the OECD. keep reading…

Comments

Filed under Concepts

Tagged as , , , , , , , , , , , , , , , , , , , , , ,

by | May 3, 2013

Study on Economic Impact of Counterfeiting and Piracy

Study for Economic Impact of Counterfeiting and Piracy

The OECD is a unique forum where the governments of 30 democracies work together to address the economic, social and environmental challenges of globalisation. The OECD is also at the forefront of efforts to understand and to help governments respond to new developments and concerns, such as corporate governance, the information economy and the challenges of an ageing population. The Organisation provides a setting where governments can compare policy experiences, seek answers to common problems, identify good practice and work to co-ordinate domestic and international policies.

Case Study on Economic Impact

The OECD member countries are: Australia, Austria, Belgium, Canada, the Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxembourg, Mexico, the Netherlands, New Zealand, Norway, Poland, Portugal, the Slovak Republic, Spain, Sweden, Switzerland, Turkey, the United Kingdom and the United States. The Commission of the European Communities takes part in the work of the OECD. keep reading…

Comments

Filed under Assorted, Economics

Tagged as , , , , , , , , , , , , , , , , , , , , , ,

by | April 25, 2013

Case Study on Interaction between internal auditors and the audit committee

Case Study about Interaction between internal auditors and the audit committee

Abstract: This study, based on six case studies within a Belgian context, provides a qualitative assessment of the interaction between internal auditors (IA) and audit committees (AC), by analysing their expectations and perceptions. It became clear that both groups have high expectations vis-à-vis each other, although perceptions of IA-AC interactions are not universally positive. Our empirical data indicate that audit committee members want internal auditors to be an important information provider. Therefore they expect internal auditors to demonstrate and communicate, as much as possible, their contribution to the monitoring and functioning of the organisation, and to play both an active and proactive role in risk management.

Case Study on internal auditors

Introduction: Corporate collapses of the past few years, in the U.S. as well as Europe, have focused global attention on the need for strong corporate governance. This has generated significant discussion about the role of both audit committees and internal auditors in strengthening corporate governance (e.g. McElveen, 2002). Moreover, interactions between internal auditors and the audit committee are considered to be an important element of sound corporate governance In academic research, a large percentage of the empirical work related to audit committee (AC) oversight has focused on audit committee effectiveness. Keep reading…

Comments

Filed under Free Cases

Tagged as , , , , , , , , , , , , , , , , , , , , ,

by | March 29, 2013

Employee Ownership and Corporate Governance in Post-Privatization Russia

This paper brings into focus the impact of employee buyouts on corporate governance in transition ten years after the large-scale privatization took place in Russia. The analysis shows that although privatization employee buyouts have helped to reduce unemployment and prevent major social conflicts, it otherwise had a negative effect on corporate governance and firms’ productivity. An excessively large labor force and the management’s tendency to preserve the old Soviet-style corporate governance hampered the long-term growth of privatized enterprises in Russia. Unlike in many other transition countries employees in Russia were obedient to the directors who ruled the enterprises in the absence of any meaningful system of checks and balances. Employee ownership still remains a popular idea in Russia, but subsequent attempts of the Russian government to isolate enterprises from outside investors in the form of people’s enterprises have proved to be a failure … click here to read ahead

Register to mark your comments

Comments

Filed under Concepts, Corporate Governance, White Papers

Tagged as , , , , , , , , , , , , , , , , , , ,

by | March 1, 2013

Case studies Enterprise Risk Management Implementation

You know that enterprise risk management is vital to your organisation’s stability and growth, but you may not be certain about the best ways to build an effective programme. Case Studies on Enterprise Risk Management Implementation provides practical guidance on creating an enterprise risk management structure tailored to your organisation’s concerns through step-by-step action plans.

This central case study takes you directly into the experience of an organisation that is initiating and implementing an ERM programme. Walk through their process, working with the board, senior management, and the management team to identify and rate significant risk categories.

Fourteen tables, charts, and templates, a memorandum to the management team, and pointers for running productive and efficient meetings will enhance your process. The guide also includes two shorter case studies to augment your understanding of enterprise risk management implementation.

Case Studies on Enterprise Risk Management Implementation was written by faculty who lead North Carolina State University’s Enterprise Risk Management Initiative. This Initiative provides thought leadership about enterprise risk management practices and their integration with strategy and corporate governance. Click here to Learn More..

Register to mark your Comments

Comments

Filed under Concepts, Enterprise Risk Management

Tagged as , , , , , , , , , , , , , , , , , , , ,

by | February 27, 2013

A Study on Corporate Governance and Business Ethics at Nokia

Corporate Governance and Business Ethics at Nokia

Introduction: For this assignment I have picked Nokia organisation. Reason for selecting this particular organisation to furnish my assignment on is that the Nokia organisation and the product has been my favourite. Having influenced and experience about the product and to go through some research for its organisation going to be even more interesting factor for this assignment to go through, and further knowledge about the corporate social approach and activities.



Corporate Governance and Business Ethics at Nokia

For Nokia there are many principals to follow for their sustainability of the organisation, like understanding the customer need, using technology, keeping ahead of competition and co-ordinating marketing activities. Apart from that, there are several factors like corporate social approach, business ethics and proper managing them are equally important.Nokia is committed to providing attributes of the product can consume energy, material use, packaging and disassembling and recycling practices. The distribution of declaration should be user friendly for its stakeholder and supportive ethical issues. The organisation mission statement suggests that one small step at a time can contribute care for environment in global concept…
Click here to read more on Corporate Governance and Business Ethics at Nokia..



Comments

Filed under Business, Business Ethics, Concepts, Corporate Governance

Tagged as , , , , , , , , , , , , , , , , , , ,