Executive Summery 2 1.0 Introduction 4 2.0 Success of Grameen Bank 4 3.0 Analysis of leadership qualities of Mohammad Yunus 5 3.1 Situational leadership 5 3.2 Transformational leadership 6 4.0 Managing Organizations 7 5.0 Influencing governance 7 6.0 Applying Behavioral leadership 8 6.0 References 8 1.0 Introduction The concept of leadership is very elusive‚ and even more it is defining is too difficult. This report tries to put a relation and explain the leadership styles
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Enron and WorldCom Scandals Matthew Morrison ACC/260 8/18/12 Enron and WorldCom Scandals Question number one of the Enron case focuses on the corporations that got Enron into its difficulties these were the special purpose entities for joint partnerships including Chewco‚ LJM1‚ LMJ2 and the Raptors. Number three of the Enron case shows us that the board was divided into five divisions‚ all of which were full of well-educated financial employees who
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The Independent Commission for Good Governance in Public Services‚ chaired by Sir Alan Langlands‚ worked throughout 2004. Through two rounds of consultation‚ the Commission drew on the views of a wide range of people with experience of governance‚ and of service users and citizens‚ to produce the Good Governance Standard for Public Services. The Standard presents six principles of good governance that are common to all public service organisations and are intended to help all those with an
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words can be said a 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
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The accounting scandal at Enron which occurred early during the last decade involved the manipulation of accounting rules in order to enrich the company’s executive leadership. Hence‚ while accounting techniques facilitated the Enron scandal it is more of a tale that is related to the hubris of the firm’s top executives and their deep-seated greed. Evidence that hubris and greed was more of the driving force than the actual manipulation of accounting rules for the Enron scandal is evident in the
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1) What did Arthur Andersen contribute to the Enron disaster? Arthur Andersen (AA) contributed to the Enron disaster when it has failed to the management by failing to have Enron establish and enforce its own internal control. There has been flaws to AA‘s internal control. There has been assumption that AA partners were too motivated by revenue recognition thus‚ overlooking several criteria when providing their services to Enron. Additionally‚ AA also recognised the retention of audit clients
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EXTRACTIVE INSTITUTIONS • Good governance Is directly related to institutional stability and the breakdown in the institutional development is a major cause behind bad governance • The issues like institutional development‚ institutional stability‚ institutional balance and accommodation have affected Pakistan • Institutional imbalance It is the need for all institutions to work within their ambit Inclusive institutions These are the ones 1. Where plurality and greater participation
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one of the biggest companies in the world went bankrupt. Enron was a world leader in natural gas and oil‚ or so the investors thought. What seemed to be a booming company in a booming economy turned out to be one of the biggest financial scandals in the history of the world. Executives at Enron misled investors into thinking they were continuously growing‚ when the real numbers insured that they were losing money every quarter. Enron‚ founded by Kenneth Lay in 1985‚ became popular based on
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practices came about because one corporation‚ Enron‚ took risks their company could not withstand without taking some rather extreme measures in its accounting to hide the risk. Tyco International went down a different path in that the CEO used corporate accounts as his personal bank account. He placed certain business associates on the Board of Directors to ensure his behavior would not be found out nor questioned. As corporate ethics goes‚ Enron and Tyco International are prime examples of bad
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1.0 Introduction A High-Performance Work System (HPWS) is the right combination of people‚ technology‚ and organizational structure that makes full use of the organization’s resources and opportunities in achieving its goal. There are four powerful principles: a) Shared information b) Knowledge development c) Performance – reward linkage d) Egalitarianism These principles must work together in a smoothly functioning whole. A HPWS achieves the
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