Corporate Gorvenance

CORPORATE brass ISSUES AND CORRECTIVE MEASURES THAT LEAD TO GOOD GOVERNANCE Introduction bodied face refers to the way in which companies atomic number 18 governed, and to what purpose. It is concerned with practices and procedures for nerve-racking to ensure that a company is choke in such a way that it achieves its objectives (Coyle, 2004). The following were cited as bodily governance issues in the Allegheny Health, Education and Research intromission Case. Breech of Fudicary Duties Mr influence, the possessor of the company is both the Chairman and the Managing Director. harmonize to Coyle (2004), when the same mortal holds the position of both chairman of the add-in and the main(prenominal) executive director Officer (CEO) there is a gap that he or she could become a domineering limit in decision-making in the company. Especially in this case where Mr Fix is the owner, Chairman of the instrument panel and CEO, he can easily dominate decision making. e nlisting at maturate train; The recruitment at board level violates good collective governance practices. It come alongs recruitment is ground on precedent relationships. It is said that two of the directors be blossom civil servants who urinate known Mr Fix for years.

The other board member is a Managing Director of mavin of the study suppliers to era Investments again show the way board members are official which violates good corporate governance. Conflict of interest; A nonher get wind corporate governance issue in the case of conviction Investments is on conflict of interest. One of the directors is a Managing Director of one of the major ! suppliers to Time Investments. One wonders whether if he will not be biased when discussing issues to do with suppliers. What makes the situation trickier is that Mr Fix has overly a reasonable shareholding in this company. Human Resources policy. There seem to be no clear and effective human resources policy that ensures that employees interests are taken care of. Workers complain of unfair project practices. They are...If you wish to get a full essay, order it on our website: BestEssayCheap.com

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