Corporate Manslaughter What is corporate manslaughter? Corporate manslaughter is a crime that can be committed by a company in relation to a work-related death. The offence is intrinsically linked to whether a director or senior manager - a "controlling mind and will" of the company - is guilty of manslaughter. If the director or manager is found guilty, the company is guilty; if the director or manager is found innocent, the company is innocent. Is it difficult to prosecute?
Corporate Bankruptcy Building a successful business is very difficult and when doing so some may encounter financial hardship. The law has established a process that can help rescue businesses. This is called bankruptcy. What is bankruptcy to a company? How does bankruptcy rescue businesses? The reader will understand the meaning of bankruptcy to a corporation, be familiarized with types of proceedings, and identify with businesses that have been rescued by bankruptcy proceedings. Bankruptcy
Corporate Wellness Programs Corporate wellness programs are critical to the fiscal fitness of organizations in the United States today. Corporate wellness programs vary in their methods, but the end goals are the same: decrease medical costs and increase employee productivity. Healthcare costs now consume over 50% of corporate profits and continue to increase at nearly 12% a year (Powell, 1999, p.15). This dramatic rise in costs has caused employers to look for innovative ways to combat the costs
CORPORATE GOVERNANCE The Oxford English Dictionary defines ‘governance’ as ‘the act, manner, fact or function of governing, sway, control’. ‘To govern’ is ‘to rule with authority’, ’to exercise the function of government’, ‘to sway, rule, influence, regulate, determine’, ‘to conduct oneself in some way; curb, bridle (one’s passions, oneself)’, or ‘to constitute a law for’. Governing is, therefore, a whole range of actions, initiatives and response patterns - from rule through influence to self-control
Corporate Culture The culture of an organization is the set of values, beliefs, behaviors, customs, and attitudes that helps its members understand what the organization stands for, how it does things, and what it considers important"(Griffin, 49). In other words, "the way things work around here" (Dr. Williams). In order for any small business or large corporation to be successful, the employees must understand what is expected of them. While things might be slightly different in a large corporation
payoffs of downsizing are mixed at best. This paper doesn’t serve as an approach to downsizing, rather, it explores the many aspects of downsizing, from when it’s time to downsize to what steps that can be taken to avoid the process altogether. Corporate Downsizing: An Overview There are many reasons why a company downsizes. Layoffs began as a way for companies to offset a decline in earnings, but quickly became a popular practice even in companies that were doing well financially. A 1994 survey
Corporate Governance Corporate Governance is the relationship between the shareholders, directors, and management of a company, as defined by the corporate character, bylaws, formal policies and rule laws. The corporate governance system was designed to help oversee the decisions and best interest of the shareholders. The system should works accordingly: The shareholders elect directors, who in turn hire management to make the daily executive decisions on the owner’s behalf. The company’s board
Corporate governance is a very poorly defined concept; it covers so many different economic issues. It is difficult to give a first class definition in one sentence. Corporate governance has succeeded in attracting a great deal of interests of the public because of its obvious importance for the economic health of corporations and society in general. As a result, different people have come up with different definitions that basically mirror their special interest in the field. It is difficult to
Corporate Downsizing Corporate Downsizing Organizations in every segment of business, industry, government, and education are downsizing. Downsizing is and has been a controversial phenomenon in the last few years. The controversy that surrounds downsizing may be better described as a debate in organizational theory about whether change is adaptive or disruptive. The issues which establish the outcome of the controversy include why the downsizing is taking affect, how it is implemented, and what
corporate disputes in Mauritius. Table of content Chapter1 • Corporate conflict • Different types of disputes that may arise in the corporate sector. • Negotiation • Characteristics of negotiating • Negotiation in the corporate sector • Historical practice of mediation. • Mediation in Mauritius. Chapter2 • How Negotiation can solve corporate conflict. • Conflicts within a company • Negotiating Price • The Power of Emotion • Forming Relationships • HOW FAR IS NEGOTIATION LIABLE TO SOLVE CORPORATE
After news of the scandal of Enron, one of the hottest items on e-Bay was a 64-page copy of Enron’s corporate code of ethics. One seller/former employee proclaimed it had “never been opened.” In the forward Kenneth L. Lay, CEO of Enron stated, “We want to be proud of Enron and to know that it enjoys a reputation for fairness and honesty and that it is respected (Enron 2).” For a company with such an extensive code of ethics and a CEO who seemed to want the company to be respected for that, there
A Corporate Dystopia Our children are being brainwashed. Not overtly, mind you, and not in any way that would be so violent as to cause alarm with most parents, but subtly and persistently, powerful entities are programming and transforming the next generation of American citizens into obedient attendants and mindless drones. Without the necessary steps taken to prevent it, our future will lie in the hands of men and women who, instead of using a well-cultivated intellect, will feign attack
Corporate Social Responsibility (CSR), also known as Corporate Responsibility, and Corporate Citizenship Because society is fundamentally based upon performance and profit, it is necessary to impart a sense of corporate social responsibility with regard to modern commerce. The ethical approaches of purpose, principle and consequence are integral components of business social performance; itemizing these contributions involves incorporating the interests of ethics and morality within the
Corporate Culture and Governance A company’s culture helps to define who that company is. The culture within a company is influenced by the values, morals, and behavior set by management and the board of directors (Cohen, 2015, p. 347). A company’s culture helps to define a company’s corporate governance (p. 347). The culture lays out the corporate governance of an organization, it sets the tone for the business (p. 347). Enofe, Amaria, and Hope (2012) express that corporate culture is the
Corporate governance and CEO risk incentives ,impact on the firm performance Introduction: Corporate governance is very important elements that can provide information on how to maximize shareholder wealth . Good corporate governance plays a very important rule to increase the market value of companies. Because good corporate governance defines the rights and duties of the stakeholder of the company including shareholders , management and the board of directors. Good corporate help managers have
Corporate Compliance Introduction When companies are facing issues dealing with corporate compliance, implementing a system to deal with the compliance and corporate governance issues is the best opportunity for the companies. The companies should develop a process to analyze alternatives and integrate the appropriate opportunity into the companies system. The process includes defining and implementing compliance steps and process. Next, the companies will recommend a preventative solution
Introduction Since almost 2 decades, the corporate governance practices of companies and directors remuneration have been subject to considerable scrutiny. The investors and regulators now are careful to avoid corporate practices that led to this problem, and try to prevent such a tragedy from taking place again. A key issue brought to attention by the crisis was the concern about the pay gap between directors and employees in UK and this issue since then has become a global debate analyzing
Why is corporate finance important to all managers? Corporate finance is a specific area of finance dealing with the financial decisions corporations make and the tools as well as analyses used to make these decisions. The primary goal of corporate finance is to enhance corporate value, without taking excessive financial risks. A corporation's management's primary responsibility is to maximize the shareholder's wealth which translates to stock price maximization. Corporate finance provides the
Corporate Accountability Table of Contents Page 1.0 Introduction…………………………………………………………………….3 2.0 The UK and the USA approaches………………………………………………3 3.0 Critical Evaluation of the use of the different Approaches…………………....4 3.1 The UK Rule-based Approach…………………………………………...4 3.2 The U.S.A Principle-based Approach……………………………………6 4.0 Evaluation of the reflection of specific systems…………………………………..7 5.0 Conclusion……………………………………………………………………….....8 Corporate Accountability
Corporate Governance " Corporate governance - ten years ago the phrase was not used, today it is commonplace. The work of company directors is in the spotlight. The issues are legion: How to improve corporate performance and strategies, how to ensure corporate conformance through executive supervision and accountability, the role of outside directors, audit committees, chairman and CEO, directors' remuneration, German two-tier boards, Japanese boards, institutional, investor power….