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Question: Back in the day, the roles were defined in a straightforward manner in corporate governance. Currently, the act of a board is determined by multiple entities such as the regulatory bodies, stakeholders and even the media. Take the example of a real-world situation and define the role of a board in corporate governance and how is the management role different from a board’s duties?
Solution: Board is established to define the purpose of a company. The board scrutinizes activities to determine the company’s values. Moreover, they strategize activities that help a company to meet its objectives. The board members discuss and review the ways to achieve company prosperity. As mentioned by Stanford (2018), the board collectively acts to meet the stakeholder’s interest and therefore the role of the board in corporate governance is definitely differing. To understand the contrast between the role of a board and the management, the proposed study is based on the case of the British multinational confectionery company, Cadbury…. Read More
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To write better you need to start with a plan. Time management is the key because corporate governance papers are mostly based on either theories and frameworks or real-world problems. Either way, you have to spend enough time on research. Those who are time-crunched and can’t find the dedicated scholarly resources can contact us. We offer the most competitively priced assignment help for diverse academic disciplines.
Corporate governance is significant in analysing the policies and practices of an organization. So to find an impressive research topic, you may pick an industry of your interest and then identify the corporate governance issues. Some hot topics for research can include corporate culture, diversification of board, mission-critical boards and environmental concerns.
Corporate governance comprises 4Ps, i.e. people, purpose, process and performance. People are the founders, stakeholders and consumers. The purpose is defined by the mission statement of a company, the process is related to the methods through which the company attains its purpose and performance is the attribute to analyse the ability of a company to be successful.
Corporate governance is essential where a company is regulated by a board. Good corporate governance is important as it set the direction in which rules and practices are carried forward to meet the best interest of the stakeholders. It can be summed up as an ethical pillar that holds an organization legal and accountable.
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