(1998) 371±403 Corporate governance and board eectiveness Kose John a‚ Lemma W. Senbet a b 1 b‚* Stern School of Business‚ New York University‚ New York‚ NY 10012‚ USA Department of Finance‚ College of Business‚ University of Maryland‚ Tydings Hall‚ College Park‚ MD 20742‚ USA Abstract This paper surveys the empirical and theoretical literature on the mechanisms of corporate governance. We focus on the internal mechanisms of corporate governance (e.g.‚ corporate board of directors)
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“Stakeholders! Every time I hear the word I ask ‘How much did they pay for their stake? There is only one constituency I am concerned about and that is the shareholders.” Do you agree or disagree with Dunlap’s view of shareholder primacy? Explain. I agree that one of the main responsibilities of the CEO is to provide value to shareholders‚ but that is not the only responsibility. The job of the CEO is much broader and encompasses the needs of the employees‚ customers‚ investors‚ communities‚ and
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Regional Paper - MERCOSUR Regional integration is the process by which countries agree to reduce or eventually remove tariff and non-tariff barriers to promote the free flow of goods and services amongst countries. Global business is accomplished when organizations conduct business internationally and are not committed or bounded to a single home country. Regional integration combined with global business supports organizations conducting business globally amongst a variety of countries by
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MBA 1st Semester Corporate Governance Charter I: Introduction to Corporate Governance Charter II: Corporate Governance: Definition‚ Principles‚ Importance and Application a. Definitions and Theoretical Framework b. Justification for Effective CG c. OECD Principles d. Good CG standards for Public Services: Core Principles e. Generic Principles Chapter III: Approaches of CG a. Framework Approach b. Regulatory Approach Chapter IV: Corporation and Corporate Structure Chapter
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questions. First: is the “apply or explain approach” followed in South Africa merely the result of historic circumstances or is such inherently “better” than “comply or else” approach. Second: “apply or explain” with regard to directors and their decisions and‚ Third: based on the above two questions which approach is most convincing and why. Question 1 With regard to the South African situation‚ South Africa is known as a developing post-colonised country. Corporate governance is “a particularly salient
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It is Eddie Mabo’s flaws as much as his strengths which explains his achievements The film ‘Mabo’ directed by Rachel Perkins‚ is a triumphant account of Eddie Koiki Mabo’s strengths‚ determination and his historical battle to have Indigenous ownership of Australian land. Although he does not have a perfect personality‚ in some cases‚ his defect still helps him a lot. Because of his intolerance‚ he is always energetic to fight for his goal; because of his idealism‚ he always believe his own values
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How can teachers use theories and findings from developmental psychology to inform classroom practise. Teachers can use theories and findings from developmental psychology to improve the quality of learning that takes place within the classroom by changing the learning methods and social conditions that typify an educational classroom. This essay will attempt to show that although there are many psychological ideas that have theorised and researched different ways to educate; the most successful
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Professor Ballone 14 February 2014 Obscenity in Miller v. California Today in our criminal justice system there exists a policy known as “The Miller Test”. The purpose of this test is to determine whether or not a given substance is obscene or not. It is a test that is frequently used today by police‚ and its significance is clearly obvious. The “Miller Test” is a direct result from the outcome of the U.S Supreme Court decision‚ Miller v. California. In this case‚ a local business owner who specialized
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THE KEY MECHANISMS BY WHICH MANAGERS CAN IMPROVE THE MOTIVATION OF THEIR TEAMS AND HOW THEY WOULD KNOW WHEN THEY HAVE SUCCEEDED There is an increased use of teams in the workplace as they tend to produce better outcomes for an organisation as compared to the sole efforts of an individual (Kokemuller‚ 2012). It is therefore paramount to identify how to stimulate teams to perform better and to know the end results of this motivation process. Managers could motivate their teams by communicating with
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Angela jackson Ap government 9 September 2014 Riley v. California In the case of Riley v California the defendant and petitioner David Leon Riley was arrested August 22‚ 2009‚ after a traffic stop which resulted in the finding of loaded guns in car. The officer stopped riley searched him and took hold of his phone and then searched through messages‚ contacts‚ and photos. The officer charged Riley with an unrelated shooting that had taken place
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