To start up we should understand that the purpose of the gatekeeper, the main role of the gatekeeper is to adjust the interests of the management with long-term interests of the stakeholders. Also the gatekeepers are responsible for protecting investors from decisive financials. To be an effective gatekeeper the gatekeeper should be competent in a sense the gatekeeper promotes strong corporate governance. A very important element for a gatekeeper to have is, transparency and another important element should include excellent reputation. Gatekeeper should be responsible to bring the best quality of assurance for the reliability and the quality of the financial report of the Capital Market Authority. By having the previous mentioned elements the gatekeeper will contribute in providing a valid economic purpose for the Authority.
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The main areas that needs to be investigated as a potential investor in one of the emerging markets is to see wither the investment is profiting the community it should serve the community as a whole, without the concept of corporation we wont have the ci...
The specific obligations in this case would include monitor corporate governance activities and compliance with organization policies, and assess audit committee effectiveness and compliance with regulations
In chapter one we are introduced to our narrator, Ponyboy. Ponyboy is raised by his two older brothers Darry and Soda. They’re all apart of a gang called the “greasers” which is joined by Dally, Johnny, Two-bit, and Steve. There is another group called “ socs” which stands for socials, and everyone in that group is very wealthy. One day Ponyboy got jumped by a socs group, but luckily Darry was there to help before anything too serious happened. The first element of literature is characterization. Ponyboy is a keen observer, trying to make sense of the complexities of those around him. At the beginning of the story, he stops and spends several pages giving us brief character description on Steve, Two-Bit, Dally, and Johnny. This is also known as direct characterization. He tells us that Steve is "cocky and smart" ( Hinton 9). Two-Bit can 't stop joking around and goes to school for "kicks" (Hinton 10) rather than to learn. Dallas, he says, is "tougher, colder, meaner" ( Hinton 10) than the rest of them.
...are accountable to a board of directors and shareholders and publish annual reports that are public record so to make sure there financial standards are on the up and up.
For Caterpillar Inc. to explore new geographic markets particularly in Asia, it has to have a good strategy at the corporate level. At this level, decisions such as resource allocation, which markets to explore, and which products or services to develop are made. With regard to resource allocation, the focus needs to be on aspects such as how equipment, staffing, and cash will be distributed in the indentified markets. In addition to these, the corporate level also has the mandate or responsibility of deciding whether new services or products need to be added to the exi...
Recently, I have been reading, “The Outsiders,” by S.E Hinton. I went into this book not knowing anything about it. After reading it, I decided I really enjoyed it. I have found myself relating to all of the characters, and feeling sad when one leaves, or passes away. The theme of the story is really shown in the last few chapters. Ponyboy, the main protagonist, and his brothers and friends, stand up to the bullies that have been picking on them for several years. The story gives an incredible message and has a good storyline and history to it.
Honor. Honesty, fairness, or integrity in one’s belief or actions. The Greasers, outlaws in The Outsiders by S.E. Hinton, are mean, disrespectful, and lawless. But can they still be good people and have honor? Despite the fact that they are hoodlums, they are nevertheless honorable because they are loyal, defend one another, and are kindhearted.
Some investors are wary about the process of investing internationally, carrying the concept that it is always to precarious and complex. While there are risks involved with international investing, there are also very beneficial and profitable reasons for doing so. Ev...
There is a range of criteria relevant for a decision of financing a new venture. To construct my list for the evaluation of a new company as an opportunity I have selected to refer to t...
Bryan Cranston takes the role of an undercover federal agent, Robert Mazur,in “The Infiltrator”, a film based on true events in the year 1986. The opening scene of the film portrays Mazur in a bowling alley during a drug bust. The operation was going smoothly until the wire taped to his chest malfunctioned and started to burn right through his flesh, potentially being able to compromise the entire operation. Cranston was given the opportunity for early retirement with full benefits but was determined to keep fighting against the war on drugs, trafficking, and money laundering. Mazur goes on to further his case on illegal trafficking of narcotics, by following the money instead of the drugs, belonging to one of, if not possibly, the biggest cocaine distributor Pablo Escobar of the “Medellin Cartel”.
Organizations that only have top management as the board members are more susceptible to accounting malpractices. Members of the board should preferably own shares in the company to ensure diligence when it comes to the interests of the company. Apart from the Board of Governors, there should also be an audit committee in place to oversee the financial dealings of the bank. Members of the board and the audit committee should have basic financial knowledge. Some of the members should also be experts in finances so that they can detect any anomaly that may take place in terms of financial reporting. An overhaul of the regulatory framework is required to empower authorities to intervene immediately, and make improvements. New technology is required. Manual antiquated processes should be eliminated because this causes greater human error and poor
Russel Y., Topper S., Akerman L., Oliveira J., Strydom Z.; 2013; Studying Business NSC Business Studies Grade 12; 2013 Edition; Paardekraal; Excom Publishers; 26/05/2014
Nottingham Trent University. (2013). Lecture 1 - An Introduction to Corporate Governance. Available: https://now.ntu.ac.uk/d2l/le/content/248250/viewContent/1053845/View. Last accessed 16th Dec 2013.
The business always develops due to investments and the correct most accurate analysis is an integral part of any initiative. Any initiative should be studied by financial analysts, correctly predicted in terms of financial investments and beneficiaries, tracked at various times, studied , changed on time, if necessary. Success of investments depends From financial analysis, it helps to protect the business from financial losses and predict cash flow and return of investment.
18. Rugman, Alan M. and Collinson, Simon. International Business 4th Edition. Essex : Pearson Education Limited, 2006.
The office of the Director of Corporate Enforcement (ODCE, 2015), Ireland defines Corporate Governance as “the system, principles and process by which organisations are directed and controlled. The principles underlying corporate governance are based on conducting the business with integrity and fairness, being transparent with regard to all transactions, making all the necessary disclosures and decisions and complying with all the laws of the land”. It is the system for protecting and advancing the shareholder’s interest by setting strategic direction for the firm and achieving them by electing and monitoring the capable management (Solomon, 2010). It is the process of protecting the stakes of various parties that have their interest attached with a company (Fernando, 2009). Corporate governance is the procedure through which the management of the company is achieving the goals of various stake holders (Becht, Macro, Patrick and Alisa,