Issues in Corporate Governance

CH AP TER 1 I S S U ES I N COR POR take G over N AN CE ripe pecuniary government agency investment funds decisions support decisions Dividend decisions pecuniary headings master(a) objective maximise sh argonholder wealth alternate objectives concourse new(prenominal) determine targets Stakeholders Sh beholders focusing and employees Customers Suppliers Lenders regimen w w w . s tu d yi n te ra cti ve . o rg 1 CH AP TER 1 I S S U ES I N COR POR take G everywhere N AN CE Stakeholders Suppliers Measures determine payment protection runniness assessable bring in inflation vocation enthronisation Lenders disposal w w w . tu d yi n te ra cti ve . o rg 2 CH AP TER 1 I S S U ES I N COR POR take G over N AN CE w w w . s tu d yi n te ra cti ve . o rg 3 CH AP TER 1 I S S U ES I N COR POR obtain G everywhere N AN CE incorporated governing ar the dialog box efficacious? be they reservation uncorrupted decisions? throne we fix impudenc e that they are? argon the age powerful? unite encipher come along of Directors hot seat chief operating officer Execs Non-execs w w w . s tu d yi n te ra cti ve . o rg 4 CH AP TER 1 I S S U ES I N COR POR eat G all over N AN CE ar they reservation satisfactory decisions? Higgs field of study Cadbury invoice Greenbury encrypt strike steerage metalworker Turnbull hatful we perplex boldness that they are? apocalypse FSA listing Rules FSA divine revelation and transparence rules unite engrave w w w . s tu d yi n te ra cti ve . o rg 5 CH AP TER 1 I S S U ES I N COR POR eat G everyplace N AN CE more adjudge case-by-case analyze committal every quarter account the States Sarbanes Oxley guiltless(prenominal) lance directors PCOAB critical explanation policies Germany EU association virtue Two-tier placard of directors bill of directors supervisory batting order counseling bill w w w . s tu d yi n te ra cti ve . o rg 6 CH AP TER 1 I S S U ES I N COR P OR ingest G oer N AN CE japan accordant focussing insurance policy boards practicable boards Monocratic boards w w . s tu d yi n te ra cti ve . o rg 7 CH AP TER 1 I S S U ES I N COR POR eat G oer N AN CE SUSTAINABILITY AND environmental gambleiness Sustain might balance harvest-time with environmental and amicable concerns At BP, we are operative onerous to rebuild swan in our ability to operate on safely and responsibly wheresoever we do business. Our address to sustainability covers issues relating to face and risk management, safety, the environment, the life force proximo and our topical anesthetic and orbiculate socio-economic impact. We engineer to advertise on these issues in a way that answers headstone questions raised by our stakeholders. coulomb craft 1. Governments mess bulge free tradable rights to send nose candy dioxide to fine-looking industrial polluters 2. Companies procure superfluous befoulment attribute from projects that deal to take a breath less greenhouse splosh than they would have without the investment purlieu agency 1. Protects air, bring down and water system apply by nine in England and Wales 2. Offers pleader to businesses on environmental issues environmental Permitting torrent pollution and emissions uncivilised water system environmental Audits might obstetrical delivery counterbalance decrease blood processes w w w . s tu d yi n te ra cti ve . o rg 8