stakeholders‚ and spells out the rules and procedures for making decisions on corporate affairs. By doing this‚ it also provides the structure through which the company’s objectives are set and the means of attaining those objectives and monitoring performance (Kajola‚ 2008). Equally‚ Kwakwa and Nzekwu(2003) refer corporate governance to the manner in which the power of a corporation is exercised in accounting for corporation’s total portfolio of assets and resources with the objective of maintaining
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CHAPTER ONE INTRODUCTION 1.0 BACKGROUND INFORMATION TO THE STUDY The study of profits is important not only because of the information it provides about the health of the economy in any given year‚ but also because profits are a key determinant of growth and employment in the medium-term. Changes in profitability are an important contributor to economic progress via the influence profits have on the investment and savings decisions of companies. This is because a rise in profits improves the cash
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1990-pReseNt The merger‚ 1990-1991 On 22 September 1991‚ the two largest general banks in the Netherlands‚ Algemene Bank Nederland (ABN) and Amsterdam-Rotterdam Bank (Amro)‚ merged. The resulting company adopted the name ABN AMRO. The two principal motives for the merger were to concentrate strengths and to scale up business internationally. The South American operations of ABN AMRO’s subsidiary Hollandsche Bank-Unie were combined with those of Banco Real under the name Banco ABN AMRO Real. In
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Global Economy and its impact on Information Technology The global economy gave business the ability to market products and services all over the globe. It has also allowed them to develop partnerships and alliances throughout the world‚ which has become essential for success in today’s business.” This increase in globalization has created many new opportunities‚ such as niche markets‚ and requires everyone to keep up with globalization in order to stay competitive. The trend of becoming transnational
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CREDIT MANGEMENT IN NIGERIA BANKS: AJUGWE CHUKWU ALPHONSUS INTRODUCTIONS Credit Management is one the most difficult task facing bankers all of over the world and the case is more pronounced in the Nigeria situation because going through the history of banking in Nigeria‚ one can observed that the major source of bank failures was ineffective credit management that led to accumulation of bad debts. Credit administration is the bane of Nigeria banks and a major source of worry to Regulatory Authorities
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on an ambitious e-governance projects aimed at bridging the digital divide between the rich and poor as well as the urban and rural citizens. However a closer look at the statistics at this stage would give us the real picture. According to a World Bank estimate about 85% of the e-governance projects across the developing countries have failed to achieve the desired result either totally or partially. The problem is also compounded by the lack of clear criteria for evaluating the success of such projects
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Some Empirical Evidence on IS Strategy. Alignment in banking‚ Information & Management‚ vol. 30‚ no. 4‚ pp. 155–177. III. Bergeron‚ F.‚ Raymond‚ L. and Rivard‚ S. (2004). Ideal Patterns of Strategic Alignment and Business Performance‚ Information & Management 41(8): 1003–1020. IV. Chan‚ Y.E. and Huff‚ S.L. (1993). Investigating Information Systems Strategic Alignment‚ Proceedings of the Fourteenth International Conference on Information Systems‚ Orlando‚ FL. 345–363. V. Chan‚ Yolande E. and Reich
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India’s Information Technology Sector: What Contribution to Broader Economic Development?( Nirvikar Singh Professor of Economics University of California‚ Santa Cruz Santa Cruz‚ CA 95064‚ USA First Draft: October 2002 Abstract What contribution can information technology (IT) make to India’s overall economic development? This paper offers some perspectives that can help answer this question‚ using concepts and analysis from economic theory. It examines the theory
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*IMPACT OF INFORMATION TECHNOLOGY IN BUSINESS COMMUNI*CATION We are in the midst of a third major revolution in human civilization. First there was the Agricultural Revolution‚ then the Industrial Revolution‚ and now we are in the Information Revolution. Information and communication technology and a world wide system of information exchange has been building growth for over a hundred years and physical technology and industry is not slowing down in growth - rather it is accelerating. Information
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CONTENT 1. Introduction…………………………….…………………………………….Page3 2. Information Technology and Purchasing……………………………………Page 3 3. E-purchasing…………………………………………………………..…….Page 4 3.1. E-sourcing……………………………………………………………...….Page 5 3.2. E-procurement…………………………………………………..………….Page6 3.3. Electronic Data Interchange (EDI)………………………………….……..Page 7 4. Examples………………………………………………………………...…..Page 7 4.1. Slow implementation……………………………………………………..Page 7 4.2. Fast Implementations……………………………………………………..Page 8 5. Conclusion………………………………………………………………………
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