Abstract on this subject, more specifically, we will

Abstract            The relationship between corporategovernance mechanisms and firm performance has been a topic of interest in theresearch world for many years. Some researchers believe that the relationshipbetween these two variables is positive and others believe that corporategovernance has absolutely no impact on the performance of a firm. This study analyzesthe different theories on this subject,

Globalization quite difficult to understand the strategy without

Globalizationis creating numerous opportunities for sharing knowledge, technology, socialvalues, and behavioral norms and promoting development at different levelsincluding individual’s organization, and societies across different countriesand cultures. Globalization leads to increased competition. Thegood side of globalization is all about the efficiencies and opportunities openmarkets create. Business can communicate efficiently and effectively with theirsuppliers and distribution networks.

Over which firms perform. It is ever-present in

Overthe past decades, the challenges of corporate governance continue to influencethe way in which firms perform. It is ever-present in the conflicts ofinterest, differences in decision-making and the rise of residual losses(Jensen and Meckling 1976: 310). These challenges, or agency costs, are sofar-reaching in firms that it is inevitable to search for reasons which explainthe

Risk assess the risks faced by financial institutions

 Risk management can be defined as asystematic approach to managing risks that threaten the assets and income of abusiness or entrepreneurship. There are five types of risks in business have beenidentified that are relevant to takafulas follows:1.    Underwriting risk2.    Operational risks3.     Credit risk4.    Liquidity risk5.    Market risk Underwriting risk andoperational risk are directly related to the operations of the takaful

CORPORATE OVERVIEW Larsen & Toubro overall view Larsen

CORPORATEOVERVIEWLarsen & Toubro overall viewLarsen & Toubro is a majortechnology, engineering, construction, manufacturing and financial servicesconglomerate, with global operations. L&T addresses critical needs in keysectors – Hydrocarbon, Infrastructure, Power, Process Industries and Defense -for customers in over 30 countries around the world.  L&T is engaged in core, highimpact sectors of the economy and our integrated

The of vanity and over-confidence. Time and again,

The Medici Case is a classic example that shows the importance of good corporate governance by establishing a balance between control and entrepreneurial initiative. Cosimo de Medici created a plethora of partnerships and built a de-centralized organizational structure that incentivized partners to generate higher returns through profit sharing and autonomy. His multivocal leadership style exemplifies

Background have generally come to acknowledge the Small

 Backgroundto the StudyAccordingto Organisation for Economic Co-operation and Development (OECD) (2003),entrepreneurship accounts for between twenty and forty percent of totalproductivity growth in eight selected OECD countries, therefore supporting theidea that entrepreneurs represent one of the driving forces of economic growthand development. Developing countries have generally cometo acknowledge the Small and Medium Enterprises (SMEs) sector as

Satyam its clients, suddenly collapsed on 7th January

SatyamComputer Services, India’s fourth largest IT firm and a leading outsourcingcompany that counts General Electric, General Motors, Nestle, the USGovernment, Qantas and National Australia Bank amongst its clients, suddenlycollapsed on 7th January 2009. Just four months after receiving the ‘GoldenPeacock Award’ for Global Excellence in Corporate Governance, a confessionalletter from the founder and Chairman of

1.1 internal control system and staff. In this

1.1 IntroductionThis work will elaborate on the role and responsibilities of internal auditors towardsmanagement, in the detection and prevention of fraud. In recent years, the significanceof good corporate governance has received notable regulatory and public attention. Afundamental part on an organisation which is its internal audit department, has for dutyto safeguard the integrity of the


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