Nobody downloaded yet

Are corporate governance system dichotomous (Anglo-American v. German-) Is the Russian Federation consistent with any of these - Essay Example

Comments (0) Cite this document
Summary
Introduction The recent emphasis on the corporate governance has made it one of the key strategic variables to be managed by the organizations. It is argued that the corporate governance is a multi-faceted subject with implications on different aspects of the organizations and their role within a given society…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.8% of users find it useful
Are corporate governance system dichotomous (Anglo-American v. German-) Is the Russian Federation consistent with any of these
Read TextPreview

Extract of sample "Are corporate governance system dichotomous (Anglo-American v. German-) Is the Russian Federation consistent with any of these"

Download file to see previous pages The parts may be essentially same in their basic purpose however, their orientation may be different and therefore the overall implications can also be different too. The dichotomy hypothesis therefore suggests that the world views may be divided into two different parts which are non-overlapping and mutually exhaustive in nature. These characteristics of the dichotomy suggest the views on the corporate governance could also be dichotomous in nature. Based on this, the corporate governance models are divided into two models of Anglo- American and Eurasian models. This paper will aim to study and explore the dichotomous nature of corporate governance and whether Russia is consistent with any of the models defined under dichotomous nature. Corporate Governance Before discussing dichotomous nature of the corporate governance systems, it is important to discuss corporate governance as a subject and its implications for the organizations. Corporate governance is considered as a multi-faceted and interesting subject considering the fact that it deals with the diversified range of issues faced by the organizations. Corporate governance as a discipline suggests that it is a set of processes, policies, laws and procedures which govern the overall behavior of an organization within a given society. ...
Companies like WorldCom and Enron continued to defraud different stakeholders by engaging themselves into activities which may not be considered entirely ethical Due to this, legislations such as Sarbanes Oxley were enacted in order to ensure that organizations are discouraged from engaging themselves into unethical behavior. The current financial crisis was also one of the key reasons for the renewed emphasis on the corporate governance as a process. The large scale failure of financial institutions outlined that the corporate governance may be a process which could have ensured that organizations engage into the activities which are favorable for all the stakeholders without actually jeopardizing the overall interests of all stakeholder groups. Dichotomous World Hypothesis Corporate governance as a model is practiced under two different aspects of the same concept. The dichotomous world hypothesis outlines that there are two different models of corporate governance systems. One model is based on the American shareholders model whereas another model is based on the German model of stakeholders. This hypothesis therefore identifies the corporate governance as a phenomenon which is perceived under two different schools of thoughts or opinions on the nature of the corporate governance systems. Dichotomy as a concept outlines something which can be divided into two halves however, each half remain mutually exclusive from other. What is critical about this concept is the fact that the halves remain independent however, they form the part of the whole and such re-enforce ach other. (Peng,) The groups of stakeholders which are often associated with an organization include shareholders, government, executives, employees, general public, ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Are corporate governance system dichotomous (Anglo-American v Essay”, n.d.)
Retrieved from https://studentshare.org/environmental-studies/1420089-are-corporate-governance-system-dichotomous-anglo
(Are Corporate Governance System Dichotomous (Anglo-American V Essay)
https://studentshare.org/environmental-studies/1420089-are-corporate-governance-system-dichotomous-anglo.
“Are Corporate Governance System Dichotomous (Anglo-American V Essay”, n.d. https://studentshare.org/environmental-studies/1420089-are-corporate-governance-system-dichotomous-anglo.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Are corporate governance system dichotomous (Anglo-American v. German-) Is the Russian Federation consistent with any of these

Corporate Governance

...Task Corporate Governance Introduction For quite some time, businesses or firms have been practicing merging or simply acquiring other businesses. This is achieved by having the acquiring company maintain its name while the other company’s name is eliminated. Likewise, the two companies have to set rules of engagement that will ensure that they both operate in a manner that serves both of them well without any unfairness. The rules may be touching on both the firms themselves or their customers. This may be because of taking over of one company by another, buying out of one company by another or simply taking over another company. This is done with the main of financial gains or even...
4 Pages(1000 words)Essay

Corporate governance

.... Miller and Jentz (2007, p. 52) stressed that corporate governance refers to certain internal principles that establish rights and responsibilities of a corporation’s management body; mainly of board of directors and shareholders. Internal rules and organizational framework is set with a view to establish fair procedures and accurate disclosures that keep all relevant parties well informed and accountable to each other. This system should also provide an effective means and mechanism to provide solutions to any of corporation issues. Ultimately, the corporate governance not just attracts investments and...
3 Pages(750 words)Essay

The Executive Branch of the Russian Federation

...s The Executive Branch of the Russian Federation Summary This Assignment is correlated with the information about the political system of the Russian federation. It includes a thorough illustration of the Russian Federation’s Government, members of the Russian Executive branch, through which process they are being selected or elected and what are their responsibilities. Furthermore this assignment leads to know that how the presidential power that have been increased since last decade or more is affecting the whole Russian Federation. It is an attempt to...
10 Pages(2500 words)Essay

Institutional Framework:FDI in russian Federation

...that the corporation’s shareholders remained vulnerable to losses accrued as a result of adverse actions on the part of the host state (Masa’deh 2000, 161). The fact is, by the 1950s, more and more developing countries began to develop economic independence. As a result more and more emphasis was placed on the need to provide remedies that could effectively protect foreign investment. However, there was no real incentive to alter developments in customary international law (Masa’deh 2000, 162). Drawing on this history, as transitioning states in Eastern Europe and the Russian Federation develop economic independence, increasing emphasis will necessarily have to be placed on institutional...
25 Pages(6250 words)Essay

Corporate Governance: Convergence towards Anglo-American Model

...?Corporate Governance: Convergence towards Anglo-American Model Table of Contents Table of Contents 2 Introduction 3 Convergence of Corporate Governance 4 Conclusion 6 References 7 Introduction This project is a critical analysis of corporate governance systems if they are actually converging towards the Anglo-American model. Most of the corporations especially publicly listed firms have a governance framework set by the regulatory bodies with the help of laws and regulations. The underlying assumption of...
4 Pages(1000 words)Essay

Anglo American Plc report

...of an enterprise. One of the virtues of this type of analysis is that any person with access to the internet can extract the financial statements of a company to realize the analysis. The basic formulas used as input in ratio analysis mostly utilize data from the financial statements of the company. The use of ratio analysis can help people instantly check weather a company is sound financially (Bott, 2013). Another advantage of ratio analysis is that the ratios can be compared against the performance of other companies or the industry. Financial ratios can also be compared against the financial ratio results of previous years. The ratio analysis performed on Anglo American in this paper...
7 Pages(1750 words)Essay

River Island Strategic Marketing Report (Russian Federation)

...?River Island Strategic Marketing Report (Russian Federation) Table of Contents Introduction & Overview 3 2. Marketing Audit 4 Macro environment Analysis – PESTLE 4 Microenvironment Analysis - Competitor Analysis 5 River Island Porter's five forces model 6 Internal Analysis - Porters Value Chain model 6 SWOT Matrix 9 3. Marketing Strategy 10 Product strategy 10 Pricing strategy 11 Place strategy 11 Promotion strategy 12 Positioning strategy 12 Product proposition 12 Relational and sustainability strategy 13 4. Objectives and Targets 13 Implementation 13 Monitoring 14 Control 14 5. Conclusions 14 Works cited 15 Name of the student Name of professor Course name Date River Island Strategic Marketing Report...
10 Pages(2500 words)Research Paper

The Government of the Russian Federation

...The Government of the Russian Federation Introduction The last President of the Soviet Union, Mikhail Gorbachev, was the most instrumental person in ushering in the Russian Federation, a major new direction in Russian history. Gorbachevs ‘New Thinking’ was not just a catchphrase for a new foreign policy built upon traditional Russian ideologies. The revolutionary concept began during the decline of the Soviet Union in the 1980’s. It was based on the idea that there can be a relationship between national and internal security and that military power is not the only method to provide a secure national defense. The...
10 Pages(2500 words)Essay

Anglo American

...tackling the HIV/AIDS epidemic in South Africa. Anglo-American is an international organization with roots in South Africa and as a multinational company is one of the largest employers in the country. Today, Anglo-American has 80,000 employees nation-wide and has been significantly affected by the global AIDS epidemic. The global HIV/AIDS outbreak began in the 1980s and Anglo-American was one of the first multinational corporations to understand and attempt to combat the ramifications of this insidious disease. Accordingly, South Africa remains the country with one of the highest infection rates in the world and...
3 Pages(750 words)Essay

Analyse a case of Georgia v Russian Federation

...Analyze a case of Georgia v Russian Federation Origin of Georgia vs. Federation of Russia Case The roots of Georgia vs. Federation of Russia’s case can be traced back to the tensions and political unrests experienced in both Russia and Georgia from way back in early 1920s. These tensions and civil unrest later on exploded in 1991 resulting in an outburst of a major war between Georgia and South Ossetia militants in collaboration with the Russian mercenaries (Hafkin, 2009, pp. 222). Practically, Georgia and Russia are like neighbors with both South and North Ossetia standing in between the two states. In the early 1980s, South Ossetia was...
4 Pages(1000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Are corporate governance system dichotomous (Anglo-American v. German-) Is the Russian Federation consistent with any of these for FREE!

Contact Us