StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

The Concept of Governance in Hong - Research Paper Example

Comments (0) Cite this document
Summary
This research paper will examine the corporate governance in Hong Kong as well as how this is changing the economic and business environment at both a local and international level and how corporate governance affects the economy and the overall environment with the industrial sectors in Hong Kong. …
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.9% of users find it useful
The Concept of Governance in Hong
Read Text Preview

Extract of sample "The Concept of Governance in Hong"

Download file to see previous pages The concept of corporate governance is one that is known to affect both small and large firms in Hong Kong.  A structure that is used as a common perspective in the area is based on the family firms that have been passed down between generations.  The family firms that have been developed are able to incorporate the corporate governance to link to social responsibility and to understand the current conceptions that are in the environment.  There is also the understanding that the governance is supposed to change the conduct of ethical businesses so they can monitor the activities within a given corporation.  It is known that family firms have difficulty with corporate governance, specifically because the responsibility is based on the specific family members and the movement into different generations.  More importantly, there is a focus on maximizing profits from shareholders without concern for social responsibilities and community well – being.  The gap that is in family firms with corporate governance is one that becomes problematic, specifically because there isn’t a focus on the ethical responsibilities and the relationship to shareholders and others interested in the business.  For most firms, this gap creates the inability to continue to progress within the corporation (Shea, 2007).
Even though there are gaps in corporate governance, it has also been found that there is a value to the structure and policies that are associated with the companies.  Through a current research study (Zhou, 5, 2005), it was found that through corporate governance alone, there is an increase in investor relationships by 5%.  This difference is significant enough to show that the concept of corporate governance can directly affect the firm and the capital cost in a positive manner.  More importantly, it can continue to attract investors and those that are interested in the corporation.  The stock market and the ability to gain profit and loss within the corporation begin to be instigated by having the basic policies and procedures in place through corporate governance.  ...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(The Concept of Governance in Hong Research Paper, n.d.)
The Concept of Governance in Hong Research Paper. Retrieved from https://studentshare.org/marketing/1741176-study-of-corporate-governance-in-hong-kong
(The Concept of Governance in Hong Research Paper)
The Concept of Governance in Hong Research Paper. https://studentshare.org/marketing/1741176-study-of-corporate-governance-in-hong-kong.
“The Concept of Governance in Hong Research Paper”, n.d. https://studentshare.org/marketing/1741176-study-of-corporate-governance-in-hong-kong.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF The Concept of Governance in Hong

Governance

...? Better Boards Governance Better Boards Governance The High Performance Board High performance board as prescribed by Nadler (2004) have the right mind set, the right role, the right work, the right people, the right agenda, the right information, and the right culture. Each of these is useful and necessary because they shape the direction of the organization towards goals. With the right mindset, the boards focus on purpose, resources, and effectiveness through self-assessments, conducting and acting. It requires rigorous introspection and the pitfall of implementation is the lack of knowledge about what to asses and how to apply results. The right role requires board member engagement. The traditional model has a passive board...
3 Pages (750 words) Essay

Hong Kong Courts Sentences

...? Hong Kong Courts Sentences of To what extent do you agree that the sentences delivered by the Hong Kong Courts aretoo lenient and not able to reflect the abhorrence of the society? Introduction It is evident from Hong Kong’s sentences that the delivered sentences do not reflect evils being done in the society because they are executed with a lot of leniency. As a result the societies have been faced with recurrent problems which seem not to be ending. The government should therefore work hand in hand with the law courts to ensure there are correct measures and laws that will uphold the integrity of Hong Kong’s society. It will not be wrong to say that, Hong Kong’s courts have been delivering their sentences with leniency. This can...
10 Pages (2500 words) Essay

To what extent is the concept of global governance gendered

For instance, in a government, the politicians of the country usually influence the decisions that are made on a day to day basis while the normal citizen is influenced by the decisions that are made by the political leaders whether directly or indirectly. Needless to say, these kinds of decisions usually impact on both men and women. It follows without say that most of the times; the decisions are made by men since they hold most of the powerful positions almost in all of the countries the world over. In the past few decades, the advent of technological advancement has to the growth of a new kind of economy-a global economy. The internet has reduced the entire globe to nothing but a global village. The global economy has also gi...
17 Pages (4250 words) Essay

Governance

According to laws and theory, the board of directors working in any nonprofit organization are in charge and responsible for the accountability of the organization’s policies. The individuals working in a nonprofit organization are motivated by the fact that they serve the members of the community. They feel satisfied for serving the community although they may not get as much compensation as the members of other profit organizations. IRS believes that the better the governance of the tax exempted firms the more their compliance will be increased (Schuster, 2011). The IRS has been interested in finding that how non-profit organizations (tax exempted) govern themselves. The theory behind the governance is that well governed organi...
4 Pages (1000 words) Essay

The Concept of Globalization: Governance and Organization

Sociologists have spent two centuries on the issue of structure and agency. Yet they have gone no further than Marx's true statement “men make history, but not in circumstances of their own choosing”. One of the main issues in sociology has always centered around the debate of the effect of individualism and holism on human thought and endeavors. Agency refers to the capability of individuals to act independently and to make their own free choices. Structure refers to those factors such as social class, religion, gender, ethnicity, customs, etc. which seem to confine or regulate the possibilities that individuals have. The debate over whether social structures determine individual behavior or do individuals themselves...
6 Pages (1500 words) Essay

Governance

...Governance Introduction Governance is defined as a process of making and implementing new ideas that will be used to guide the society on the way forward. In the European Union governance is mainly facilitated by the changes that have been taking place that is; the transformation, which sometimes is influenced by the society's tradition understandings. Therefore governance is mainly facilitated or brought in by the transformation process and the continued tradition understandings in Europe. Transformation The term transformation relates to the changes that are likely to occur or have already happened. These changes are may have both negative and positive impacts to governance system, therefore bringing in good or bad governance. Most...
3 Pages (750 words) Essay

Corporate Governance - The Concept of Accountability

...Corporate Governance - The Concept of Accountability and How Accountability Would Be Affected By Complex Organizational Structures 1. Define the concept of accountability and critically assess how accountability would be affected by complex organizational structures. Illustrate your answer by reference to the case scenario. The concept of accountability is related with the ways and means through which the organizational employees are able to interact with one another and thus come out clean as per their respective actions. Accountability therefore touches upon those aspects which are usually not covered by other domains. These encompass the need for having a clear but basis as per the employees’ manifestations and their representative...
10 Pages (2500 words) Case Study

Hong Kong Banks

... of the SARS epidemic in 2002. Thus, it is reasonable to conjecture that the period 2000 to 2009 would provide a perspective of a new order in the Hong Kong financial system, with possibly the emergence of a different set of determinants that act as drivers for bank profitability. The findings of this study are thus believed to be helpful to policy makers in both government and private enterprise, as well as to students in international economics and finance. 1.8 Chapter summary The introduction provided in this chapter discussed the topic of research and the central problem it focuses on. Background information set the context for the study, and a statement of the research question and sub-question targeted points of inquiry where...
28 Pages (7000 words) Research Proposal

Exploring Hong Kong A Visitors Guide to Hong Kong Island

Hong Kong came into existence during 1997 as ‘Special Administrative Region of the People’s Republic of China (PRC)’. In terms of location, Hong Kong is observed to be situated in the South-Eastern point of China that contributes to enhancing its global position. The region constituted by a total of 262 islands reflects a total population of 7,103,700 million people revealed from an estimate carried out during the 2011 period. The larger concentration of population of around 95 percent relates to the Chinese population. The other 5 percent of the total population is constituted by people hailing from other nations like Philippines, Indonesia and also from the United States. Two main languages used relating to com...
10 Pages (2500 words) Book Report/Review
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 Research Paper on topic The Concept of Governance in Hong for FREE!

Contact Us