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

State the examples of tests of controls, State the Examples of tests of con...

State the Examples of tests of controls: Check bank reconciliation has been reconciled as approved by chief accountant. Observe buyer checking the goods received note a

Assembling the divestiture team, Assembling the Divestiture Team: Dives...

Assembling the Divestiture Team: Divestment of a business requires a team of functional experts under the direction of an experienced project manager. The first and foremost ac

Operating cycle, how to write a vegetation operating cycle

how to write a vegetation operating cycle

Traditional capital budgeting techniques, Traditional   Capital Budgeting ...

Traditional   Capital Budgeting Techniques These techniques are usually very simple and easily catchable. But the fundamental drawback of these methods is that they don't cons

Determine about the systems based audit, Determine about the Systems based ...

Determine about the Systems based audit Systems based audit is useful as it would help identify risks within the processes in an organisation and review how adequate the contr

Financial and strategic analysis, Evaluate the firm’s financial standing fo...

Evaluate the firm’s financial standing for the past 5 years: • Undertake a financial and strategic analysis of its performance: o Use the Assignment Questions for guidance ON

Discount Pricing, Discount Pricing The T-bills are issued at a discount...

Discount Pricing The T-bills are issued at a discount to face value and hence have no coupon. Commission rates on round lots generally range from $12.50 to $25.00 per $1 mil

Profit maximization-objectives of a business entity, Profit maximization ...

Profit maximization Traditionally, this was considered to be the major goal of the firm. Profit maximization refers to attaining the maximum possible profits throughout the yea

Explain the cash flow of the volatility, 1. Let's look at the cash flow of ...

1. Let's look at the cash flow of the volatility (variance) spread swap: - ( σ 2 Nasdaq - σ 2 S & P 500 ) N 2 It is noticeable from this expression that investor

Dry up of liquidity and increased correlation, Hedge funds are short two ty...

Hedge funds are short two types of funding options. Describe in detail what these options are. Describe why these options become more valuable during a financial crisis. During

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