National interest The Tata group is committed to benefit the economic development of the countries in which it operates. No Tata company shall undertake any project or activity to the detriment of the wider interests of the communities in which it operates. A Tata company’s management practices and business conduct shall benefit the country‚ localities and communities in which it operates‚ to the extent possible and affordable‚ and shall be in accordance with the laws of the land. A Tata company
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Corporate Governance and Regulation Issues in a Casino Economy: Insights from Zimbabwe’s ReNaissance Merchant Bank (Working paper) ‘We should put out fire while it is yet small’‚ African proverb Mufaro Gunduza Abstract In the last ten years the Zimbabwean financial landscape has witnessed fundamental tectonic shifts (Gono‚ 2008). High inflation soared to hyper-inflation and further galloped into unbelievable supersonic inflation (Mnaba‚ 2012). The country degenerated into a classic ‘casino
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Corporate Ownership & Control / Volume 4‚ Issue 4‚ Summer 2007 96 CORPORATE GOVERNANCE: SHAREHOLDERS’ INTERESTS’ AND OTHER STAKEHOLDERS’ INTERESTS Elena F Pérez Carrillo* Abstract Much of the traditional Company Law doctrine considers that Corporations must be managed to promote‚ above all‚ shareholders’ rights. Activities in favour of non-shareholder constituencies such as suppliers‚ consumers‚ employees or the Community at large can be perceived as a means of Management to increase its
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Organizations are responsible for all the legal‚ ethical and social issues that affect each stakeholder within the company. These factors impact the planning process performed at each level of management. When an organization neglects to establish and monitor the plans set forward things can become disorganized and ultimately the organization can lose control of what was originally established. This paper will discuss examples of poor planning due to the disregard of legal‚ ethical and social issues
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CORPORATE GOVERNANCE: EFFECTS ON FIRM PERFORMANCE AND ECONOMIC GROWTH by Maria Maher and Thomas Andersson ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT © OECD 19992 CORPORATE GOVERNANCE: EFFECTS ON FIRM PERFORMANCE AND ECONOMIC GROWTH TABLE OF CONTENTS SUMMARY.................................................................................................................................................... 3 I. Introduction......................................................
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within the constraints of GAAP so as to achieve a desired level of reported earnings” (Koumanakos‚ 2005‚ p. 31). It is closely associated with three factors which are existence of motivation‚ availability of earning management tactics and weak corporate governance which encourages earning manipulation (Kassem‚ 2010). There are different ways for managers to engage earning management. For example‚ accounting judgment can be used by managers to make financial report more informative for users. They also
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Summary The flexibility in accounting allows companies to adopt creative accounting and fraud techniques to bolster profits. Such techniques has seriously eroded the currency of accounting so as to hinder the development of economy. This essay introduces various parties involved in creative accounting and illustrates how they are being affected. After that‚ another cause induced by the economic environment will also be listed following by recommendations on reducing the likelihood of creative accounting
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73 - STRATEGIC MANAGEMENT CADBURY INDIA LIMITED INDEX SR NO PARTICULARS PAGE NO 1 INTRODUCTION CADBURY INDIA LIMITED COMPANY PROFILE 2 TYPES OF STRATEGIES 4 CORPORATE GOVERNANCE 5 CORPORATE SOCIAL RESPONSIBILITY 6 CONCLUSION 7 WEBLIOGRAPHY INTRODUCTION Strategic management is the comprehensive collection of ongoing activities and processes that organizations use to systematically coordinate and align resources and actions with mission‚ vision and strategy
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No. 2005–57 ROYAL AHOLD: A FAILURE OF CORPORATE GOVERNANCE AND AN ACCOUNTING SCANDAL By Abe de Jong‚ Douglas V. DeJong‚ Gerard Mertens‚ Peter Roosenboom March 2005 ISSN 0924-7815 Royal Ahold: A Failure of Corporate Governance and an Accounting Scandal Abe de Jong* Department of Financial Management Erasmus University Rotterdam a.jong@fbk.eur.nl Douglas V. DeJong Tippie College of Business University of Iowa douglas-dejong@uiowa.edu Gerard Mertens Department of Financial Management Erasmus
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CLAUSE 49 - AN ANALYSIS 3RD Directors’ Leadership Programme Organised by Centre for Corporate Governance Indian Institute of Management‚ Calcutta December 14‚ 2007 Dilip Kumar Sen CLAUSE 49 OF LISTING AGREEMENT WITH STOCK EXCHANGES INTRODUCED BY SEBI WEF 1ST APRIL 2000 BASED ON BIRLA COMMITTEE RECOMMENDATIONS SIGNIFICANTLY REVISED FROM 1ST JANUARY 2006 BASED ON PROPOSALS OF MURTHY COMMITTEE- CLAUSE 49 OF LISTING AGREEMENT WHICH APPLIES TO ALL LISTED COMPANIES HAS BEEN ONE OF THE MOST
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