Corporate governance, Financial Management

Assignment Help:

CORPORATE GOVERNANCE

Corporate governance can be stated in different ways, for example:

The Private Sector Corporate Governance Trust (PSCGT) defines that corporate governance, “Refers to the manner in which the power of the corporation is exercised in the stewardship of the corporation net portfolio of assets and resources with the objective of sustaining and raising shareholders value via the context of its corporate idea” (PSCGT, 1999)

The Cadbury Report (1992) states corporate governance as the system by which companies are directed and controlled.

The Capital Market Authority (CMA) in the year 2000 stated corporate governance as the procedure and structures used to direct and manage business affairs of the company towards improving prosperity and corporate accounting with the eventual objective of realizing shareholders long-term value whereas taking into account the interests of other stakeholders.


Related Discussions:- Corporate governance

Define depreciation expense, Define depreciation expense as it appears on t...

Define depreciation expense as it appears on the income statement. How does depreciation affect cash flow? The term accounting depreciation is the allocation of an asset's init

Why iceq go beyond icq, ICEQ'sgo beyond ICQ's Discover whether erro...

ICEQ'sgo beyond ICQ's Discover whether error or fraud is possible. Concentrates on significant frauds or errors which might be possible and so only a handful of key con

Calculate the amplitude of the dc component, Calculate the amplitude of the...

Calculate the amplitude of the DC component: A periodic voltage consists of sinusoidal pulses having an amplitude of 150 V (SEE DIAGRAM BELOW). Use Fourier Series Expansion to

Collecting information and forecasting in budget, Collecting Information an...

Collecting Information and Forecasting: All budgets must be based on accurate and reasonable information. A budget derived from information which is irrelevant to the actual or

Strategies to achieve financial targets, The XYZ company supplies products ...

The XYZ company supplies products to a number of original equipment manufacturers (OEM's). It employs 5,000 mostly unionized workers and generates about $2.2 billion in revenue ann

Explain about the investment decision- financial management, Explain about ...

Explain about the investment decision- financial management The investment decision relates to selection of assets in which funds would be invested by a firm. Assets which can

Profit and loss, how is financial management relevant to profit and loss?

how is financial management relevant to profit and loss?

Process of securitization, Steps involved in the Process of S...

Steps involved in the Process of Securitization The following are the major steps involved: The lender (also called the originator) - in th

Why total assets equal the sum of total liabilities & equity, Why do total ...

Why do total assets equal the sum of total liabilities and equity?Explain. Assets = Liabilities + Equity Assets are the entities of value a business owns. Liabilities ar

Nature of financial management, Q. Nature of Financial Management? Fina...

Q. Nature of Financial Management? Financial Management is an necessary part of Top Management: - In the contemporary business management the financial manager is one of the ac

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd