"Corporate Governance Icici Bank" Essays and Research Papers

  • Corporate Governance Icici Bank

    Overview of Corporate Governance Corporate Governance is more than just corporate management. In broader sense, it includes a fair, efficient and transparent administration to meet certain well defined objectives. It is a system of structuring, operating and controlling a company with a view to achieve long term strategic goals to satisfy shareholders, creditors, employees, customers and suppliers and complying with the legal and regulatory requirements, apart from meeting environmental and local...

    Board of directors, Corporate governance, Corporation 1889  Words | 7  Pages

  • Merger of Icici and Icici Bank

    MERGER OF ICICI & ICICI BANK [pic] PREPARED BY: SALONI SHARMA ROLL NO. 57 Introduction to sector- banking sector The banking sector plays an important role in the growth and development of an economy. The banks provide funds to various institutions which in finance other sectors of economy. India too relies largely on the banking sector for mobilization of deposits as well as for accelerated growth of deposits. This sector has helped in the development of rural as...

    Bank, Banks, Economics 1377  Words | 6  Pages

  • Icici Bank and Bank of Rajasthan Merger

    formed. Basic information of icici bank (Industrial Credit and Investment Corporation of India Bank): ICICI Bank was established by the Industrial Credit and Investment Corporation of India, an Indian financial institution, as a wholly owned subsidiary in 1994. The parent company was formed in 1955 as a joint-venture of the World Bank, India's public-sector banks and public-sector insurance companies to provide project financing to Indian industry.[10][11] The bank was initially known as theIndustrial...

    1916, 2009, Bank 1099  Words | 4  Pages

  • Icici Bank

    ICICI Bank is India's second-largest bank with total assets of Rs. 3,634.00 billion (US$ 81 billion) at March 31, 2010 and profit after tax Rs. 40.25 billion (US$ 896 million) for the year ended March 31, 2010. The Bank has a network of 2,044 branches and about 5,546 ATMs in India and presence in 18 countries. ICICI Bank offers a wide range of banking products and financial services to corporate and retail customers through a variety of delivery channels and through its specialised subsidiaries in...

    Bank, Bond, Debt 1522  Words | 7  Pages

  • corporate governance

    Summary: Corporate governance is an essential part of modern company operations and management , it relates to business ethics, code of conduct and system to manage a company. However, there are many corporate scandals due to the failure of corporate governance. This report analyzes the corporate governance from multiple aspects. It is through the understanding the relationship between corporate governance and business ethics, evaluating the ASX principles as a guidelines to corporate governance and analyzing...

    Board of directors, Business ethics, Corporate governance 1578  Words | 5  Pages

  • Corporate Governance

    What is Corporate Governance? Corporate Governance is a generic concept, and in most cases it is defined by its objectives. Corporate Governance can be defined and analyzed by two terms. The first was introduced by the Organization of economic Corporation and Development (OECD 1999). OECD defined “Corporate Governance as a system in which business corporations are directed and controlled. The Corporate Governance structure specifies the distribution of rights and responsibilities among the...

    Board of directors, Corporate governance, Corporation 1940  Words | 6  Pages

  • corporate governance

    Definition of Corporate Governance “The process and structure used to direct and manage the affairs of the business towards enhancing business prosperity and corporate accountability with the ultimate objective of realizing long-term shareholder value, whilst taking into account the interests of other stakeholders”. Prior to the establishment of this definition, there were 4 others namely by; The Cadbury Report (1992) defined corporate governance as „a whole system of controls by...

    Board of directors, Cadbury Report, Combined Code 1606  Words | 7  Pages

  • Corporate Governance

    16: CORPORATE GOVERNANCE – Combined Code Question 1 “Early skepticism about the self-regulatory nature of the Cadbury Report has melted away. It is now clear that self-regulatory codes have a useful role to play in solving the crisis which has been facing corporate governance. Discuss. i. Usefulness/doubts about Cadbury ii. Self-regulating code iii. Crisis-problem been solved? Introduction In as early as the 1960’s, successful commentators and businessmen have identified the significance...

    Cadbury Report, Combined Code, Corporate governance 1815  Words | 6  Pages

  • Corporate Governance

    INTRODUCTION Corporate governance is a set of rules and regulations for the companies that how companies should be run and managed. It is a model by which board of directors ensures accountability and transparency to the stakeholders of the company. It gives a process for solving the issues like conflict of interests of stakeholders in accordance with their responsibility in the company. Corporate governance provides a system of fair management and proper control where authority and responsibility...

    Board of directors, Cadbury Report, Combined Code 1281  Words | 4  Pages

  • Case Study on Icici Bank

      Bank Profile Established in 1994, ICICI Bank is today the second largest bank in India and among the top 150 in the world. In less than a decade, the bank has become a universal bank offering a well diversified portfolio of financial services. It currently has assets of over US$ 79 billion and a market capitalization of US$ 9 billion and services over 14 million customers through a network of about 950 branches, 3300 ATM's and a 3200 seat call center (as of 2007). The hallmark of this exponential...

    Bank, Banking, Banks of India 974  Words | 3  Pages

  • Corporate Governance

    Corporate Governance Corporate Governance Corporate governance is concerned with set of principles, ethics, values, morals, rules regulations, & procedures etc. Corporate governance establishes a system whereby directors are entrusted with duties and responsibilities in relation to the direction of the company’s affairs. The term “governance” means control i.e. controlling a company, an organization etc or a company & corporate governance is governing or controlling the corporate bodies...

    Business ethics, Company, Corporate governance 1307  Words | 4  Pages

  • Corporate Governance in Ghana Against the Corporate Governance in the Us

    Corporate governance Corporate governance is one of the most effective tools to reduce the incidence of corruption, especially in the corporate sector. Corporate governance is concerned with process, systems, practices and procedures that govern institutions, the manner in which these rules and regulations are applied and followed, the relationships that those rules and regulations determine or create, and the nature of these relationships. Prempeh (2002) indicates that Sound Corporate Governance...

    Capital market, Corporate governance, Ghana 1811  Words | 6  Pages

  • Corporate Governance

    Corporate Governance Corporate Governance is the relationship between the shareholders, directors, and management of a company, as defined by the corporate character, bylaws, formal policies and rule laws. The corporate governance system was designed to help oversee the decisions and best interest of the shareholders. The system should works accordingly: The shareholders elect directors, who in turn hire management to make the daily executive decisions on the owner's behalf. The company's board...

    Board of directors, Corporate governance, Corporation 990  Words | 4  Pages

  • Corporate Governance

    question 2. Definition of Corporate Governance 3. Literature Review 4. Reports and Reviews 5. Challenges 6. Director’s Responsibilities 7. Conclusion 8. References 1. ASSIGNMENT QUESTIONS Question 1 Define, and state the importance of Corporate Governance Question 2 Provide a Literature Review Question 3 Provide a report and review of the debate on Corporate Governance. Question 4 Discuss the challenges that face Corporate Governance Question 5 Discuss the Director’s...

    Board of directors, Corporate governance, Corporation 2140  Words | 7  Pages

  • Corporate Governance

    African situation, South Africa is known as a developing post-colonised country. Corporate governance is “a particularly salient issue in emerging markets attempting to compete for investors and capital with established markets where investors are less concerned about the quality of corporate governance practices” (Andreasson, 2002: 2).This statement rules out the possibility of a “comply or else” approach to corporate governance, and as a result “comply or explain” approach is the most suitable approach...

    2003 Cricket World Cup, Africa, African Union 1495  Words | 5  Pages

  • corporate governance

    Corporate Governance The system of rules, practices and processes by which a company is directed and controlled. Corporate governance essentially involves balancing the interests of the many stakeholders in a company - these include its shareholders, management, customers, suppliers, financiers, government and the community. Since corporate governance also provides the framework for attaining a company's objectives. Corporate governance refers to the structures and processes for the direction...

    Accountability, Civil society, Corporate governance 928  Words | 4  Pages

  • Corporate Governance

    Corporate Governance Take-Home Exam Compare Turkish Corporate Governance system with the systems in USA, Japan and EU. 1. Who is in charge? 2. Board structure, independence of members of the board, board committees 3. Board and executive remunerations 4. Shareholders rights and ownership rights 5. Related party transactions 6. Ownership structures The OECD sets general principles about corporate governance; nevertheless, in different companies corporate governance is not handled in the precisely...

    Board of directors, Corporate governance, Corporation 1964  Words | 6  Pages

  • corporate governance

    I. Study Summary The objective of this paper is to examine the relationship between corporate governance on dividends payout in Canada to better understand "why companies pay dividends". In the light of agency theory, Adjaoud and Ben-Amar tested two competing hypothesis, which are outcome and substitution hypothesis. They chose Canada to examine the relationship between corporate governance and corporate dividend payments for two reasons; first, the comparability between Canada and USA from...

    Corporation, Dividend, Governance 1113  Words | 4  Pages

  • corporate governance

    version of corporate governance. Corporate governance is a system which helps control and direct companies. It establishes a key relationship between the board of directors and shareholders. Corporate governance aims is to look after the interests of shareholders and not directors, and also enhance the value of those interests. It’s believed the UK Code is cheap for businesses to adopt given the long term growth and success they will experience in return. A report by the Governance Metrics International...

    Audit, Board of directors, Corporate governance 1445  Words | 3  Pages

  • Corporate Governance

     Interests in corporate governance, specifically in business accountability, emerged in 2001-2002 in response to the financial collapses that large companies faced such as Enron in the United States, Parmalat in Italy, Ahold in Netherlands etc... . Governments and agencies, tried to prevent these scandals by issuing laws and regulations such as the Sarbanes–Oxley Act of 2002, United States federal law, however, shortly the interests in good corporate governance was renewed and emphasized after...

    Accountability, Board of directors, Business ethics 1697  Words | 4  Pages

  • corporate governance

    CORPORATE GOVERNANCE We can attribute societies demand for improved corporate governance on the number of recent financial scandals that have occurred in both the United States and abroad in the past decade. For many organizations, the way to rebuild shareholder confidence was to implement a fundamental framework of procedures that would ensure scandals like Enron, WorldCom and Tyco would not occur in the future. It is precisely these scandals that made corporate governance the focus of organizations...

    Audit, Auditing, Corporate governance 1244  Words | 4  Pages

  • Importance of Corporate Governance for Smes

    Importance of Corporate Governance for SMEs By Hany Abou-El-Fotouh Today corporate governance principles are considered a key element to the success of any organization and a prescription for improving performance. Simply it is the name of the game for companies that are directed by a board of directors in order to safeguard the interest of shareholders as well as other stakeholders. There are several definitions for corporate governance. However, the most appropriate definition which is...

    Board of directors, Corporate governance, Corporation 1605  Words | 6  Pages

  • Corporate Governance

    Week 1 Essay Questions (80 Points) 1. Why is corporate governance important? a) good corporate governance produces direct economic benefit to the organization b) To avoid scandal c) To imbibe trust in investors d) The perception of good corporate governance is an important ingredient of the image of an organization, whether public, private, or nonprofit. e) A perception of unethical conduct by an organization can be very costly in legal cases Reference:...

    Board of directors, Business ethics, Corporate governance 835  Words | 4  Pages

  • Corporate Governance of Lehman Brothers

    The American regulatory model of corporate governance rests on the theory of self regulation as the most efficient means to achieve corporate self-control in the marketplace. However, that model fails to achieve regular compliance with baseline ethical and legal behaviours as evidenced by a century of repeated corporate debacles, the most recent being Lehman’s Brothers. Lehman’s Brothers Holdings Inc was a global financial services firm who provided services like investment banking, equity and fixed...

    Bank, Bear Stearns, Corporate finance 822  Words | 3  Pages

  • Corporate Governance

    Prepare a memorandum to the board of directors of HMI outlining and supporting your recommended course of action for addressing the issues at the Mines 1 and 2. The memo should include the following: a) Identify the corporate governance issues at HMI's mines. * The issue: On one hand, the diverting power into provincial electrical grid has resulted in an overlook for its own operations. On the other hand, a significant portion of these earnings is going into executive bonus pool for distribution...

    Board of directors, Corporate governance, Corporation 572  Words | 3  Pages

  • Corporate Governance

    FIN4507 – Corporate Governance and Corporate Accountability PART I (Term 1) Class tests - 10% Multiple choice test - 10% Coursework Assignment 1 – 30% Coursework Assignment 1: a) Write an essay on key theories that are widely discussed in the academic literature on corporate governance. Critically analyse the strengths and weaknesses of each theory. In your essay, you are expected to compare and contrast these theories and state which theory, in your opinion, best explains the governance...

    Accountability, Board of directors, Corporate governance 435  Words | 3  Pages

  • Case Study/Research Paper of Mergers Icici and Icici Bank

    ------------------------------------------------- icici with icici bank merger For Mergers and Acquisitions in the BANKING SECTOR AAKANKSHA KUMAR * EXECUTIVE SUMMARY ICICI- Industrial Credit and Investment Corporation of India Limited (ICICI) was founded by the World Bank, the Government of India and representatives of private industry on 5 January, 1995. The objective was to encourage and assist industrial development and investment in India. Over the years, ICICI has evolved into a diversified...

    Bank, Bank regulation, Banking 1223  Words | 5  Pages

  • Corporate Governance

    Why does corporate governance matter from an employment relations perspective? Introduction: Define. Types of CG. Corporate governance is defined as the customs, policies, laws and institutions affecting the way in which companies are controlled or operated. The two archetypal governance systems are Market Outsider system usually associated with US and the UK, and Relational Insider system associated with Japan and Germany. The types of systems will impact the way the company is controlled...

    Corporate governance, Employment, Governance 774  Words | 3  Pages

  • Swot Analysis of Icici Bank

    analysis of ICICI bank is made to understand the positioning of the bank better: STRENGTHS 1. BRAND NAME: ICICI Bank has earned a reputation in the market for extending quality services to the market vis-à-vis its competitors. It has earned a strong Brand name in banking in a very short span of time. 2. MARKET SHARE: ICICI Bank has the largest market share of 34% in the IT & ITES industry in Hyderabad according to our survey (within the limitation of the sample size.) 3. HUGE NETWORK: ICICI Bank...

    Bank, Consultative selling, Customer 1189  Words | 4  Pages

  • Corporate Governance & Ethical Auditing

    Case Study A Case Study in Corporate Governance & Ethical Auditing Satyam Fiasco & Role of PwC as an Auditor Group I Submitted By: Aditya Zutshi Ambrish Mani Piyush Anandani Ravinder Pal Singh Dhillon Abstract & Approach On Dec 16, 2008, Satyam declared to buy entire stakes in Maytas Properties for $1.3 Billion & 51% stakes in Maytas Infra for another $300 Million. By this action, the investors were furious. This was because of the move to invest in a promoter-related...

    Audit, Auditing, Business ethics 949  Words | 4  Pages

  • Corporate Governance

    Does the Corporate Governance Maximise Shareholders’ Wealth? | ITV PLC | | | | | Introduction/Key Objectives The main purpose of this report is to find out whether Corporate Governance (CG) does maximise shareholders’ wealth within a selected company. ITV PLC is the selected company for this report; their Annual Report (AR) 2011 will be used for statistical evidence. Also, existing theories will be applied to ITV PLC for qualitative evidence. Recommendations and advice will be given...

    Audit, Balance sheet, Corporate governance 2122  Words | 7  Pages

  • Corporate Governance in Malaysia

    Corporate Governance is a concept in which it has been existence for decades; although not in the exact form that it has come to be understood today (Anandarajah, 2001). The term corporate governance was introduced in Malaysia in 1997 during the Asian Financial Crisis. It also drew the public’s attention on the weaknesses of the Malaysian corporate governance practice (Nor Azizah Zainal Abidin, 2007). Besides that, the downfall of Sime Bank, the Bumiputera Malaysian Finance (BMF) scandal, the irregularities...

    Board of directors, Corporate governance, Corporation 2443  Words | 7  Pages

  • Theories of Corporate Governance

    Theories of Corporate Governance The philosophical foundations of corporate governance Edited by Thomas Clarke Contents Preface Acknowledgements ‘Introduction: Theories of Governance – Reconceptualizing Corporate Governance Theory After the Enron Experience’ Thomas Clarke PART 1 ECONOMIC FOUNDATIONS ix xi 1 31 34 45 ‘The Managerial Revolution in American Business’ Alfred D. Chandler Jr ‘The Impact of the Corporation on Classical Economic Theory’ Adolf A. Berle PART 2 AGENCY THEORY ...

    Board of directors, Corporate governance, Corporation 1306  Words | 6  Pages

  • corporate governance

    competitive advantages are incentives to innovate new products and packaging, strong distribution network, and especially the way it governances its corporation. These factors help the company to reach the first place in beverage industry and remain the leadership not only in local but also in the global market. This report will indicate the corporate governance framework of CCA by identifying and analyzing three features which engage local as well as global stakeholders in terms of social responsibility...

    Business ethics, Corporate governance, Corporate social responsibility 1994  Words | 8  Pages

  • Corporate Governance and its Impact on Firm Risk

     Article Review No. 3 TOPIC: Corporate Governance and its Impact on Firm Risk SOURCE: Alam, A., Shah, S., (2013) Corporate Governance and its Impact on Firm Risk. International Journal of Economy, Management and Social Sciences, Vol 2, No 2, pp. 72-98. PURPOSE: The aim of this research is to investigate the relationship of corporate governance with firm risk. METHOD USED: In order to attain unbiased and consistent estimates, dynamic generalized method of moments (GMM) panel estimation...

    Board of directors, Corporate governance, Corporate title 661  Words | 2  Pages

  • Swot Analysis of Icici Bank

    Project on S.W.O.T. analysis of ICICI BANK. INDUSTRIAL CREDIT AND INVESTMENT CORPORATION OF INDIA. INTRO: The Bank went on to cross-sell and up-sell its products aggressively, growing into India’s second largest bank. But ICICI was not only looking at banking. In 1993, the company set-up ICICI Securities and Finance Company Limited in a joint venture with JP Morgan, and the same year, it set up ICICI Asset Management Company. This was the just the beginning; several...

    Bank, Cheque, Credit card 1136  Words | 4  Pages

  • State Bank of India vs Icici

     STATE BANK OF INDIA. SBI Debt-Equity ratio : 12.43 (march'12) A high debt/equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense. If a lot of debt is used to finance increased operations (high debt to equity), the company could potentially generate more earnings than it would have without this outside financing. If this were to increase earnings by a greater...

    Bond, Debt, Dividend 838  Words | 4  Pages

  • A Taxonomy of Systems of Corporate Governance

    A Taxonomy of Systems of Corporate Governance This paper argues that debate on corporate governance in an international context is hampered by the lack of a coherent framework. A taxonomy of systems of corporate governance is proposed as a remedy. The taxonomy is based upon eight related, yet discernible characteristics: (1) the prevailing concept of the firm, (2) the board system, (3) the salient stakeholders able to exert influence on managerial decision-making, (4) the importance of stock markets...

    Board of directors, Corporate governance, Corporation 788  Words | 3  Pages

  • Corporate Governance - Satyam Case

    examples resulting in topics on corporate Governance and Business Ethics being included by many universities and autonomous institutions in their curriculum post liberalization. January 7, 2009 will be etched in the annals of India's corporate history as it brought to light one of the biggest scams in India. It was on this day that chairman B Ramalinga Raju of Satyam Computer Services considered to be one of the torchbearers of India's new economy, confessed to a corporate fraud amounting to Rs 7,800...

    Board of directors, Companies listed on the Bombay Stock Exchange, Corporate governance 2414  Words | 6  Pages

  • Corporate Governance in Uk

    [pic] Corporate governance developments in the UK Corporate governance developments in the UK are summarised as follows: Initial corporate governance developments in the UK began in the late 1980s and early 1990s in the wake of corporate scandals such as Polly Peck and Maxwell. Financial reporting irregularities led to the establishment of the ‘Financial Aspects of Corporate Governance Committee’ led by Sir Adrian Cadbury. The resulting Cadbury Report published in 1992 outlined a number...

    Bank, Cadbury Report, Combined Code 2141  Words | 7  Pages

  • corporate governance

    about the ingredients safety in food processing industry through an Australia company- Goodman Fileder . There are 3 parts of my presentation : first, I will give a briefly introduction of Goodmam Fileder Company. Second, I will talk about corporate governance of Goodman Fileder Company. At the last, I will present an example - Sanlu poisonous milk powder incident to demonstrate the importance of CG. I will begin with the introduction of Goodman Fielder Company. Goodman Filder Company was established...

    2008 Chinese milk scandal, Archer Daniels Midland, Dairy product 1020  Words | 6  Pages

  • Public Bank Corporate Profile

    Conceptualised as 'a bank for the public' by its Founder and Chairman, Tan Sri Dato' Sri Dr. Teh Hong Piow, Public Bank commenced business on 6 August 1966, and was listed on the Kuala Lumpur Stock Exchange (KLSE) on 6 April 1967. To-date, the Public Bank Group has grown into a premier banking group in Malaysia, with overseas market presence in Cambodia, Vietnam, Laos, Hong Kong, China and Sri Lanka. As a leading financial services provider in Malaysia, the Public Bank Group offers a comprehensive...

    Bank, Banking, Cheque 1323  Words | 5  Pages

  • Corporate Governance of Nike

    company. And what here will be discussed the process how a corporate body that is Nike governs, ethic of it and the corporate responsibility of it upon the business world and balance of interest of the stakeholders such as Government, Employees, Customers, Suppliers, Creditors, Community. Corporate Governance: From the report of Cadbury Committee Chaired by Sir Adrian Cadbury 1992 it can be quoted the definition of corporate governance "the system by which companies are directed and controlled"...

    Athletic shoe, Bill Bowerman, Cole Haan 1740  Words | 5  Pages

  • Corporate Governance RBS

     The Royal Bank of Scotland Case Nicole Kraemer (413991) The rise and fall of the Royal Bank of Scotland is characterized by poor corporate governance which allowed for the complete dominance of the executive management over the board of directors and a massive principal-agent problem. Positive social dynamics and the power of weak ties allowed for compliance while intimidation and bullying tactics silenced questions, concerns and opposition. The board’s utter compliancy and borderline negligence...

    Board of directors, Corporate governance, Corporate title 1526  Words | 5  Pages

  • Corporate Governance Study Parmalat

    stake and how we choose or priorities between them. An ethical approach to a problem will enquire about end-results and the route or means we use to achieve these objectives together with the relationship between the two (‘end versus means’). Corporate Governance can be defined as a proper structure of rules and practices, a reference point to return to where decision making is influenced which invariably helps a company run smoothly reducing confusion, ambiguity and ultimately risk. Shareholders own...

    Audit, Auditing, Auditor's report 1665  Words | 5  Pages

  • Difference Between Icici Bank N Axis

    SERVICE SECTOR MANAGEMENT | ICICI BANK AND AXIS BANK | WHAT IS A BANK? A banker or bank is a financial institution whose primary activity is to act as a payment agent for customers and to borrow and lend money. In other words, an institution where one can place and borrow money and take care of financial affairs ABOUT The Banking sector in India has always been one of the most preferred avenues of employment. In the current decade, this has emerged as a resurgent sector in the Indian...

    Bank, Banking in India, Banks of India 2146  Words | 6  Pages

  • Corporate Governance in Nigeria Banks

    Phillips (2007) “Corporate governance is an encompassing policy, processes and people, which serves the needs of shareholders and other stake holders by directing and controlling management activities with good business savvy, objectivity and integrity”. The author stated that sound corporate governance is dependent on external market place commitment and legislation plus a healthy board culture that safeguards policies and processes. Magdi and Nadereh (2002) stress that corporate governance is about ensuring...

    Bank, Board of directors, Corporate governance 9484  Words | 26  Pages

  • What Is Corporate Governance

    WHAT IS CORPORATE GOVERNANCE? Nowadays people in the business world are talking about good corporate governance. Companies with good corporate governance are perceived by the public as a company that been handled properly by its management. Few companies had been names as among the worst in corporate governance like Enron, World.com and Barings. But what is exactly corporate governance? The term ‘corporate governance’ is coming from two words. The adjective ‘corporate’ comes from the noun...

    Board of directors, Business ethics, Corporate governance 821  Words | 3  Pages

  • Crm at Icici Bank

    Focus on ICICI Bank’s Initiatives The use of Customer Relationship Management (CRM) in banking has gained importance with the aggressive strategies for customer acquisition and retention being employed by banks in today’s competitive milieu. This has resulted in the adoption of various CRM initiatives by these banks to enable them achieve their objectives. The steps that banks follow in implementing Customer Relationship Management (CRM) are: Identifying CRM initiatives with reference to the objectives...

    Bank, Banking, Cheque 1916  Words | 5  Pages

  • Corporate Governance

    These costs can be indirect or direct. An indirect agency cost is a lost opportunity, such as the one we have just described. Direct agency costs come in two forms. The first type is a corporate expenditure that benefits management but costs the stockholders. Perhaps the purchase of a luxurious and unneeded corporate jet would fall under this heading. The second type of direct agency cost is an expense that arises from the need to monitor management actions. Paying outside auditors to assess the accuracy...

    Agency cost, Carly Fiorina, Goal 1314  Words | 4  Pages

  • governance

    Corporate governance broadly refers to the mechanisms, processes and relations by which corporations are controlled and directed.[1] Governance structures identify the distribution of rights and responsibilities among different participants in the corporation (such as the board of directors, managers, shareholders, creditors, auditors, regulators, and otherstakeholders) and includes the rules and procedures for making decisions in corporate affairs. Corporate governance includes the processes through...

    Board of directors, Business, Corporate governance 735  Words | 2  Pages

  • Effective corporate governance

    EFFECTIVE CORPORATE GOVERNANCE Presented by: Alfesany Ahmed Complience Manager Pret A Manger Ltd. Birmingham, UK Contents Introduction Corporate Governance The importance of responsible Corporate governance The regulatory requirements that shapes the effective corporate governance in regulated company The impact of regulatory requirements on pret A manger stakeholders interests Conclusion Reference Pret a Manger was opened in Hampsted, London, UK in 1984 by Jeffrey Hyman...

    Business ethics, Corporate governance, Corporate social responsibility 902  Words | 31  Pages

  • General Comparison Between HDFC Bank And ICICI Bank

    General Comparison between HDFC Bank and ICICI Bank HDFC Bank ICICI Bank Second largest private Sector bank largest Private Sector Bank Retail assets constituted 51.3% of advances in FY12. Retail assets constituted 34% of advances in FY12 Comparison on the basis of services: ...

    Bank, Cheque, Credit card 528  Words | 3  Pages

  • Icici

                      The Bank went on to cross-sell and up-sell its products aggressively, growing into India’s second largest bank. But ICICI was not only looking at banking. In 1993, the company set-up ICICI Securities and Finance Company Limited in a joint venture with JP Morgan, and the same year, it set up ICICI Asset Management Company. This was the just the beginning; several mergers, acquisitions and joint ventures followed                                       ICICI is one of the leading private...

    Bank, Bond, Human resource management 630  Words | 3  Pages

  • Corporate Governance in Bank of Bangladesh

    Introduction Corporate governance can be defined as a combination of fairness, precision, accountability and sustainability of corporate behavior. Good Corporate governance is a key factor to achieve the improved performance of an organization. It is fundamental element to safeguard interest of shareholders. For continuous and sustainable growth of an organization, there is no alternative to effective Corporate Governance. The positive effect of corporate governance on different stakeholders ultimately...

    Board of directors, Corporate governance, Corporate social responsibility 3173  Words | 10  Pages

  • Corporate Governance in Malaysia

    Discuss the evolution of Corporate Governance in Malaysia before the year 2000(Not more than 500 words) B. Challenges and changes in Corporate Governance since 2000(Not more than 700 words) C. Give an overview of Malaysian Corporate Governance Code 2012(CG Code 2012) (Not more than 300 words) D. Discuss in detail, the salient features of Principle 1,2, 6 and 7 of the Malaysian CG Code 2012(Not more than 1,000 words) 1. Discuss the evolution of Corporate Governance in Malaysia before the year...

    Board of directors, Corporate governance, Corporation 958  Words | 4  Pages

  • Transparency in Corporate Governance

    Running head: TRANSPARENCY IN CORPIRATE GOVERNANCE McBride Financial Services - Transparency in Corporate Governance University of Phoenix May 4, 2009 Transparency is imperative with respect to corporate governance due to the crucial nature of reporting financial information to maintaining investor and consumer confidence. The lack of devotion to corporate governance policies will send the message that the company is unbalanced and the leadership is not incorporating the highest level...

    Board of directors, Business, Business ethics 1499  Words | 5  Pages

  • Common Themes In Corporate Governance Scandals

    Common themes in Corporate Governance Scandals According to ACCA (2014) “Corporate governance is the system by which companies are directed and controlled”, also the corporate governance definition in the ACCA (2014) and Financial Times (2015) are quite different but similar at the same time, “How a company is managed, in terms of the institutional systems and protocols meant to ensure accountability and sound ethics. The concept encompasses a variety of issues, including disclosure of information...

    Accounting scandals, Board of directors, Corporate governance 891  Words | 5  Pages

  • Corporate Governance Rating in India

    prominent role in utilization of all these resources, governance or public governance plays a vital role in sustainable development of the society. Governance, as it is said relates to decisions that define expectations, grant power or verify performance. It consists either of a separate process or of a specific part of management or leadership processes. Sometimes people set up a government to administer these processes and systems.1 Public governance is more complex but important in all kinds of society...

    Bond, Corporate governance, Credit rating agencies 1585  Words | 5  Pages

  • The Impact of Corporate Governance on Firm Performance in Mauritius

    Corporate governance is a field in economics that investigates how to secure/motivate efficient management of corporations by the use of incentive mechanisms, such as contracts, organizational designs and legislation. This is often limited to the question of improving financial performance, for example, how the corporate owners can secure/motivate that the corporate managers will deliver a competitive rate of return. (Mathiesen, 2002). Another definition is "Corporate Governance is concerned...

    Adrian Cadbury, Cadbury, Cadbury Report 923  Words | 4  Pages

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