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 which
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Elder abuse is something that sadly occurs more often than most of us seem to think it happen. I think this is because there has been such little studies and research done on this kind of abuse. The research we do have is relatively new‚ only since the late 1980s has it been a topic of research. Elder abuse‚ like other abuse‚ can be physical‚ verbal aggression‚ emotional abuse‚ and neglect. Financial exploitation is also an abuse many elders face. The most surprisingly thing that I read through
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Corporate Governance Case Studies Edited by Mak Yuen Teen Foreward Strong corporate governance and transparency are critical for business success. For investors‚ good governance is a good indicator of wellmanaged‚ resilient businesses. For companies‚ a measure of success is the ability to internalise the values‚ spirit and purpose behind governance rules. While the governance standards in Singapore have brought us to where we are today‚ we have some way to go if we want to be seen as leaders
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Chapter 1 | | Association of Certified Fraud Examiners (ACFE) | An international organization of approximately 50‚000 members based in Austin‚ Texas‚ dedicated to fighting fraud and white-collar crime. | Civil law | The body of law that provides remedies for violation of private rights—deals with rights and duties between individuals. | Criminal law | The branch of law that deals with offenses of a public nature or against society. | Customer fraud | Customers not paying for goods purchased
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Financial Fraud- Qwest Communications Introduction In the late 90’s‚ early 2000’s‚ Qwest Communications International Inc. (Qwest) was a rapidly growing telecommunications company that provided global internet and telephone services. At their pinnacle‚ Qwest was one of their industry’s top leaders‚ reporting revenues of $16.7 billion in 2001 (Anonymous‚ 2013). Through continued expansion and acquisitions of other large telecommunications companies‚ it seemed things were only headed in a positive
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Corporate Entrepreneurship Corporate Entrepreneurship can be seen as the process whereby an individual or a group creates a new venture within an existing organization‚ revitalizes and renews an organization ‚or innovates. Zahra’s(1986) definition of corporate entrepreneurship suggests aformal or informal activity aimed at creating new businesses in established firms through product and process innovations and market developments‚whereas sathe(1985) defines corporate entrepreneurship as a process
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Child abuse is a serious matter. No matter what ethnic or social background someone comes from there is the potential for abuse. The Federal Child Abuse Prevention and Treatment Act (CAPTA)‚ as amended and reauthorized by the CAPTA Reauthorization Act of 2010‚ defines child abuse and neglect as‚ “Any recent act or failure to act on the part of a parent or caretaker which results in death‚ serious physical or emotional harm‚ sexual abuse or exploitation; or an act or failure to act which presents
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Corporate Social Responsibility and Marketing: An Integrative Framework Isabelle Maignan Vrije Universiteit Amsterdam‚ the Netherlands O. C. Ferrell Colorado State University This article introduces a conceptualization of corporate social responsibility (CSR) that emphasizes the role and potential contribution of the marketing discipline. The proposed framework first depicts CSR initiatives as the actions undertaken to display conformity to both organizational and stakeholder norms. Then
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Corporate ethics is adapted from the words: ‘sound moral values’. It attempts at putting in place some sense of ‘sound moral values’ within a company’s employee population as regards how they could conduct business responsibly. The recent corporate scandals globally (which have been taken to unprecedented levels) have made managers and researchers to turn their attentions to questions of ethics management. This paper therefore examines how national culture influences ‘sound moral values’ in business
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Abuse in Later Life This topic is one that I find very interesting and have a personal connection with. Growing up I only had one grandparent being by grandmother from my mother’s side and because of this I grew very close with my best friend’s grandmother who was being cared for in a nursing home. I looked at her as another grandparent‚ another person I could look up to. When she started becoming very ill that was when her family placed her in a nursing home very close to where they lived. The
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