Paper Example Doctorate 4,017 words

Ford Motor Company Business and Corporate Governance

Last reviewed: October 9, 2013 ~21 min read

Abstract

The corporate governance plans are established to work as a living document and provide essential support for the business operations. The corporate governance plans are also established to address key issues of the business governance. It is also noted that key to business and organizational growth is dependent on the accuracy and strength of defining, developing, and implementing accurate corporate governance plans. These plans are also essential for shareholder's confidence and transparency in reporting (Spitzeck, & Hansen, 2010). The key components of a corporate governance plan's authenticity are defined as ethical, business goals, strategic management, organization, and reporting as elaborated below.

Ford Motor Company

Business and corporate governance plan for Ford Motor Company

Key components for corporate governance plans

Ethics

Business Goals

Strategic Management

Organization

Reporting

Current issues for Ford Motor Company in corporate governance plan

Shortage of Parts from OEM Suppliers

Company Structure

Corporate Responsibility Committee

Marketing Committee

Define the current need for a governance plan

Ethical business Approach

Business Objectives

Role of Stake Holders

Structured Decision making Process

Share Holder's Concerns

Accountability and Transparency

Development of corporate governance plan

Corporate Code of Conduct

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References

11 sources cited in this paper

Acharya, V. V., Gottschalg, O. F., Hahn, M., & Kehoe, C. (2013). Corporate governance and value creation: Evidence from private equity. Review of Financial Studies, 26(2), 368-402.
Ciravegna, L. (Ed.). (2012). Sustaining Industrial Competitiveness After the Crisis: Lessons from the Automotive Industry. USA: Palgrave Macmillan.
Fernando, A. C. (2009). Business Ethics: An Indian Perspective. New Delhi: Pearson Education India.
Form 10-K. (2011). Ford Motor Company. Retrieved from: http://corporate.ford.com/doc/sr11-form-10-k.pdf ↗
Giroud, X., & Mueller, H. M. (2010). Does corporate governance matter in competitive industries?. Journal of Financial Economics, 95(3), 312-331.
Harford, J., Mansi, S. A., & Maxwell, W. F. (2012). Corporate governance and firm cash holdings in the US. In Corporate Governance (pp. 107-138). Springer Berlin Heidelberg.
Mallin, C. A. (Ed.). (2011). Handbook on international corporate governance: country analyses. USA: Edward Elgar Publishing.
Rittenberg, L. E., Johnstone, K. M., & Gramling, A. A. (2011). Auditing: A business risk approach. USA: CengageBrain.
Solomon, J. (2011). Corporate governance and accountability. UK: John Wiley & Sons Inc.
Spitzeck, H., & Hansen, E. G. (2010). Stakeholder governance: how stakeholders influence corporate decision making. Corporate governance, 10(4), 378-391.
Strine Jr, L. E. (2010). One Fundamental Corporate Governance Question We Face: Can Corporations Be Managed for the Long Term Unless Their Powerful Electorates Also Act and Think Long Term. Business Law, 66, 1.

Acharya, V. V., Gottschalg, O. F., Hahn, M., & Kehoe, C. (2013). Corporate governance and value creation: Evidence from private equity. Review of Financial Studies, 26(2), 368-402.
Ciravegna, L. (Ed.). (2012). Sustaining Industrial Competitiveness After the Crisis: Lessons from the Automotive Industry. USA: Palgrave Macmillan.
Fernando, A. C. (2009). Business Ethics: An Indian Perspective. New Delhi: Pearson Education India.
Form 10-K. (2011). Ford Motor Company. Retrieved from: http://corporate.ford.com/doc/sr11-form-10-k.pdf ↗
Giroud, X., & Mueller, H. M. (2010). Does corporate governance matter in competitive industries?. Journal of Financial Economics, 95(3), 312-331.
Harford, J., Mansi, S. A., & Maxwell, W. F. (2012). Corporate governance and firm cash holdings in the US. In Corporate Governance (pp. 107-138). Springer Berlin Heidelberg.
Mallin, C. A. (Ed.). (2011). Handbook on international corporate governance: country analyses. USA: Edward Elgar Publishing.
Rittenberg, L. E., Johnstone, K. M., & Gramling, A. A. (2011). Auditing: A business risk approach. USA: CengageBrain.
Solomon, J. (2011). Corporate governance and accountability. UK: John Wiley & Sons Inc.
Spitzeck, H., & Hansen, E. G. (2010). Stakeholder governance: how stakeholders influence corporate decision making. Corporate governance, 10(4), 378-391.
Strine Jr, L. E. (2010). One Fundamental Corporate Governance Question We Face: Can Corporations Be Managed for the Long Term Unless Their Powerful Electorates Also Act and Think Long Term. Business Law, 66, 1.

Acharya, V. V., Gottschalg, O. F., Hahn, M., & Kehoe, C. (2013). Corporate governance and value creation: Evidence from private equity. Review of Financial Studies, 26(2), 368-402.
Ciravegna, L. (Ed.). (2012). Sustaining Industrial Competitiveness After the Crisis: Lessons from the Automotive Industry. USA: Palgrave Macmillan.
Fernando, A. C. (2009). Business Ethics: An Indian Perspective. New Delhi: Pearson Education India.
Form 10-K. (2011). Ford Motor Company. Retrieved from: http://corporate.ford.com/doc/sr11-form-10-k.pdf ↗
Giroud, X., & Mueller, H. M. (2010). Does corporate governance matter in competitive industries?. Journal of Financial Economics, 95(3), 312-331.
Harford, J., Mansi, S. A., & Maxwell, W. F. (2012). Corporate governance and firm cash holdings in the US. In Corporate Governance (pp. 107-138). Springer Berlin Heidelberg.
Mallin, C. A. (Ed.). (2011). Handbook on international corporate governance: country analyses. USA: Edward Elgar Publishing.
Rittenberg, L. E., Johnstone, K. M., & Gramling, A. A. (2011). Auditing: A business risk approach. USA: CengageBrain.
Solomon, J. (2011). Corporate governance and accountability. UK: John Wiley & Sons Inc.
Spitzeck, H., & Hansen, E. G. (2010). Stakeholder governance: how stakeholders influence corporate decision making. Corporate governance, 10(4), 378-391.
Strine Jr, L. E. (2010). One Fundamental Corporate Governance Question We Face: Can Corporations Be Managed for the Long Term Unless Their Powerful Electorates Also Act and Think Long Term. Business Law, 66, 1.