Essays on Governance

Every country worldwide is ruled with certain rules and regulations which whether accepted or not by the preponderance, are still accepted as right. Thus, the aim of this essay is to elaborate on the various forms of liberalism, discuss on each of them, and explain …

Introduction The term NGO has now become a popular in academic, policy and international cycles. The letters N. G. O is an abbreviation, which stands for Non-Governmental Organization, literally speaking because they are not formed by the government, not controlled by Government bureaucracy and they …

Fraud risk management A guide to good practice 1 This guide is based on the fi rst edition of Fraud Risk Management: A Guide to Good Practice. The fi rst edition was prepared by a Fraud and Risk Management Working Group, which was established to …

In a centralized organization, the decisions are made by top executives or on the basis of pre-set policies. These decisions are then enforced through several tiers of the organization after gradually broadening the span of control until it reaches the bottom level. (more…)

Operational activities A company’s typical daily processes that generate income. Operating activities pertain to a company’s core business activities, such as manufacturing, distributing, marketing and selling a product or service. These activities should provide the majority of a company’s cash flow and will largely determine …

OVERVIEW INSURANCE- AN INTRODUCTION Meaning: Insurance may be described as a social device to ensure protection of economic value of life and other assets. Under the plan of insurance, a large number of people associate themselves by sharing risks attached to individuals. The risks, which …

This chapter reviews related literature from various sources according to the objectives of the study. The review of available literature therefore attempts to establish whether there is a relationship between internal control systems and financial performance in SACCOs. Therefore the chapter presents the theoretical review …

Corporate governance is defined as the development of formal systems of accountability, oversight and control in order to remove the opportunities of employees to make unethical decisions. Accountability refers to the synchronizing of workplace decisions to the firm’s strategic direction in alignment to ethical and …

Good Governance in Pakistan ‘Governance’ is the exercise of power or authority – political, economic, administrative or otherwise –to manage a country’s resources and affairs. It comprises the mechanisms, processes and institutions through which citizens and groups articulate their interests, exercise their legal rights, meet …

Working in a critical care department with a 150-bed capacity was challenging for me as aclinical nursing manager. One of the struggles was controlling the infection rate in thedepartment it is need to be minting and working to reduce the high rate so is not …

The first version of the UK Code on Corporate Governance was produced in 1992 by the Cadbury Committee. The authoritative definition of Corporate Governance in the context of the Code:’Corporate administration is the system by which companies are directed and controlled. Boardss of managers are …

Abstract The study is devoted to check the impact of corporate governance (CG) on the firm performance (FP) of the insurance industry of Pakistan. Four measures have been used in the paper to check the firm performance being affected by the corporate governance. These measures …

Launching an area for discussion without proper understanding of the vital issues involved is like embarking on a field without the suitable apparatus. The subject under consideration, corporate governance, should be studied with the following considerations at hand: The right understanding of the commonly shared …

The Coca-Cola Corporation is dedicated to reverberation political orientation of communal authorization. The Board is designated by the stockholders to oversee their concentration in the enduring strength and the mostly achievement of the production and its economic power. The Board provides as the eventual declaration …

As a registered charity and religious institution, the Salvation Army has been in existence for quite a long time. Though some organizations waited for the government to formulate laws that governed the use of public money, practices of transparency, financial disclosure and accountability have been …

Learning is never confined within the four walls of a classroom. However, it is through the four portals of the academe wherein the appreciation of learning begins. It is a domain wherein Ideas and theories clash, different views and perspectives are expressed and the onward …

Transforming INDIA By empowerment of the people of INDIA Through Relevant Education & Vocational Training By Krishan Khanna Supported By Printed in India by Sheetal Prints, 211, Pragati Industrial Estate, Dr. N. M. Joshi Marg, Lower Parel East, Mumbai – 400 011. Published in India …

As an outcome of the global financial crisis and numerous corporate scandals, companies are in need of most effective, skillful and honest board team more than ever. A dexterous squad of people, who fully understand and actively engage in virtually all aspects of a company’s …

In order to better corporate administration, accounting organic structures, market regulators and committees has recommended the preparation of audit commissions. In 2001, after the creative activity of Douala stock exchange ( DSX ) , the Cameroon capital market authorization requested all listed companies to set …

Opinion refers to someone’s point of view which cannot be proved to be true. Opinion also refers to judgments that are made by professionals regarding their belief. In law the word is used to refer to the various reasons that persuade judges to reach certain …

H. George Frederickson”s “The Spirit of Public Administration” is an informative yet drab look at motivating public administrators. Frederickson discusses a wide variety of topics that would be useful to any public administrator, but the verbiage used is a bit difficult for an individual that …

The Introduction of the IRIS payroll system at the Ministry of Works and Transport was seed as the Case Study for this project; with the mall objective being to highlight the changes being experienced by public administration as a result of the revolution In communication …

M&A & Restructuring Strategies. Merger: Two Firms agree to integrate operations on relatively equal basis(usually 1 dominates another in mkt share/size/asset value) Hostile takeover: (delivers higher shareholder value than friendly acquires)(Preannouncement returns of hostile takeover anticipated with increase in bidder & target’s share price). Diversification …

Tour of the World Paper: Saudi Arabia This profile on Saudi Arabia is intended to provide important information on a number of relative subjects that will help you consider establishing a business or considering investing in the Kingdom of Saudi Arabia. The Kingdom of Saudi …

Matulovic, the new CIO, has two primary concerns at VWoA: defining governance and establishing development process directives. However, Matulovic is in a difficult situation; he faces inadequate funding, new business architecture and increasing pressure from his peers. His circumstances are predictable given the history of …

Good corporate governance as a system of governance is essential from all points of view  legal, social, ethical and economic. Sony and BMW (Germany) have established a strong network helping the society and the nation at large, which has introduced confidence amongst its shareholders. Auditors …

                                   Corporate Governance in Risk Management             Internal control             In any company the owners have set goals as well as objective to be met which are only achievable with the hiring of employees The hire workforce is the source of thefts, non-compliance to the …

Corporate Governance Issues in Nepali private companies This is why private equity investors are very skeptical while investing in frontier market like Nepal…… This article has spot-on identified issues related to corporate hygiene. “The first gaping imbalance in the emerging markets private equity equation was …

Introduction Corporate governance is a field in economics that investigates how to secure/motivate efficient management of corporations by the use of incentive mechanisms, such as contracts, organizational designs and legislation. This is often limited to the question of improving financial performance, for example, how the …

Corporate governance is defined as the formal mechanism of direction, supervision and control put in place within a company in order to monitor the decisions and actions of its senior managers and ensure these are compatible and consistent with the specific interest of shareholders and …