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Professional Governance Can Influence the Change Nigerians Desire

Words: 4721 Length: 16 Pages Document Type: Essay Paper #: 18340172

How Nigerians Can Influence the Change We Desire
There is a general belief that poor corporate governance has been the vulnerable point of numerous companies in both developing and developed countries. This is especially the case with Nigeria, where in spite of being vastly blessed with resources such as oil and a huge labor force, continued to be adversely impacted by corruption. Good governance is a significant step in facilitating market confidence and boosting stable, long-standing global investment flows into the nation. Bearing in mind the business companies are progressively more significant drivers of creating wealth and development, not just in the local economy but also internationally, it is key for Nigerian companies to function within the benchmarks that keep them concentrated on their objectives and make them culpable to stakeholders for the actions and decisions they make.
Definition of Corporate Governance and its Role
The significant necessity for…… [Read More]

Ayandele, I. A., Isichei, E. E. (2013). Corporate Governance Practices and Challenges in Africa. European Journal of Business and Management.
Conyon, M. J. (1997). Corporate governance and executive compensation. International journal of industrial organization, 15(4), 493-509.
Ejuvbekpokpo, A., & Esuike, B. U. (2013). Corporate governance issues and its implementation: The Nigerian experience. Journal of Research in International Business Management, 3(2), 53-57.
Fama, E. F., & Jensen, M. C. (1983). Separation of ownership and control. The journal of law and Economics, 26(2), 301-325.
Fernando, A. C. (2010). Business Ethics and Corporate Governance. New York: Hoboken.
Goweh, S. P. (2014). Corporate Governance Practices in Ghana and Kenya: Lessons for other African countries. Retrieved from:
Islam, M. Z., Islam, M. N., Bhattacharjee, S., & Islam, A. Z. (2010). Agency problem and the role of audit committee: Implications for corporate sector in Bangladesh. International journal of Economics and Finance, 2(3), 177.
Mohamad, S., & Muhamad Sori, Z. (2011). Corporate Governance from a Global Perspective. SSRN Electrical Journal.
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Germany Denmark France and Italy Governance Codes

Words: 417 Length: 1 Pages Document Type: Essay Paper #: 42689046

Governance Codes: Germany, Denmark, France and Italy
Although all four nations are members of the European Union and share notable similarities in their capitalist economic structures, Germany, Denmark, France and Italy also have historically exhibited some distinct differences in their corporate governance. For example, much like in the United States, in Germany and Italy the CEO and Chairman of the Board of directors is often the same figure, to ensure coherency of policies; in Denmark and France, these are usually fulfilled by different functionaries to ensure greater independent oversight and presumably more ethical independence of the board when advancing the interests of shareholders (Vintila & Raluca, 2015). German firms also have historically had a two-tier corporate board governing them, versus France and Italy, where corporations have a choice of one or two-tier levels of corporate governance (“Comparative Corporate Governance,” n.d.). But according to Baker (2006), although there has been considerable…… [Read More]

Baker, J. (2006). Insiders, outsiders, and change in European corporate governance. Council for European Studies Retrieved from:
Comparative corporate governance. (n.d.). Retrieved from: df
Vintila, G. & Raluca, G. (2015). Comparative analysis regarding the principles contained in the corporate governance code. Journal of Public Administration, Finance and Law, 7, 89- 97. Retrieved from: RATE_GOVERNANCE_SYSTEMS_IN_TERMS_OF_CORPORATE_GOVERNANC E_CODES_OF_EMERGING_MARKETS.pdf
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Structure and Role of the Two Board System of Directors in Germany

Words: 1997 Length: 7 Pages Document Type: Research Paper Paper #: 89548656

The two board system of directors theoretically presents a way for greater accountability and oversight in corporate governance. The system was developed in Germany with the idea being to have a supervisory board over the management board, the members of the former elected by shareholders. In functional terms, however, the supervisory board can be involved in long-term decisions that impact the corporation—so it is not entirely accurate to define this board as being focused on accountability and oversight (Proctor, 2002). This paper will discuss the structure and role of the two board system of directors, how the board has evolved and what the greatest challenges are facing it.
The Two Board System
The structure of the Board of Directors of the two-board system as used in Germany came about as result of that nation’s preference for a more inclusive form of governance that combined oversight with representation (Owen, 2003).…… [Read More]

Ahmed, S. (2020). BlackRock profit beats estimates as assets top $7 trillion. Retrieved from 
Bouwman, C. H. (2011). Corporate governance propagation through overlapping directors. The Review of Financial Studies, 24(7), 2358-2394.
Bukhvalov, A., & Bukhvalova, B. (2011). The principal role of the board of directors: the duty to say “no”. Corporate Governance: The international journal of business in society, 11(5), 629-640.
Cornell, B., & Damodaran, A. (2014). Tesla: Anatomy of a Run-up. The Journal of Portfolio Management, 41(1), 139-151.
Ewmi, P. F. (2005). Three models of Corporate Governance from developed capital markets. Lectures on Corporate Governance, December, 1-14.
Light, L. (2019). More than Half of All Stock Buybacks are Now Financed by Debt. Here’s Why That’s a Problem. Retrieved from 
Owen, C. J. (2003). Board Games: Germany's Monopoly on the Two-Tier System of Corporate Governance and Why the Post-Enron United States Would Benefit from Its Adoption. Penn St. Int'l L. Rev., 22, 167.
Proctor, M. (2002). Corporate Governance. Cavendish Publishing.
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Finance Capital

Words: 1124 Length: 3 Pages Document Type: Term Paper Paper #: 49297466

1. What is an agency relationship? When you first begin operations, assuming you are the only employee and only your money is invested in the business, would any agency conflicts exist? Explain your answer.
Agency relationship is delineated as the relationship between the principal and agent. It is an association within the business that provides the principal with legal authority to an agent in order to act on behalf of the principal when transacting with a third party. Agency conflicts would not exist. More often than not agency conflicts emanated when an owner of the firm possesses less than 100 percent of the common stock of the firm. In this case, taking into consideration that there is solely one employee and the complete investment belongs to you, then ownership is 100 percent.
2. If you expanded and hired additional people to help you, might that give rise to agency problems?…… [Read More]

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Asian crisis and'structuralist argument

Words: 321 Length: 1 Pages Document Type: Essay Paper #: 70807644

Glen and Singh (2004) are strongly critical of the Greenspan-Summers-IMF thesis, which posited that microeconomic behaviours of economic agents in Asian societies were responsible for the Asian crisis. One of the fundamental challenges in evaluating their critique becomes apparent quickly – the original source material is strangely absent. The references in Glen & Singh are not of a consistent thesis at all, but a series of statements made by Greenspan and Summers, for which it is difficult to track down the original source material. This matters because in order to evaluate Glen and Singh's critique, I need to know if they strongmanned that thesis, or strawmanned it. Instead I am left with Glen and Singh's interpretation of that that "thesis" is, which is not a good starting point for proper evaluation of their critique.
Glen and Singh paraphrased this thesis as asserting "that although certain macroeconomic disequilibria may have provided…… [Read More]

Glen, J. & Singh, A. (2004) Corporate governance, competition and finance: Re-thinking lessons from the Asian crisis. ESRC Working Paper No. 288. Retrieved December 9, 2018 from
IMF (1998) IMF Survey Volume 27, Number 8. International Monetary Fund.
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Corporate Gov Social Key Motives

Words: 1716 Length: 6 Pages Document Type: Case Study Paper #: 73490771

" (p. 4) This is to make the argument that it should be seen as a practical reality of this new business atmosphere that responsibility to the social realities and standards of an operational setting will be directly predictive of long-term survival, stability, functionality and survival.

That stated, it should also be seen as incumbent upon the global alliances created by the process of free trade to impose standards of corporate social responsibility vis a vis labor standards, wage equality and environmental protections. By taking this step, the world community can help to ease the financial burden placed upon those companies which aspire to engage in the global economy without eschewing positive corporate values.


Kahler, M & Lake, DA 2001, 'Globalization and governance,' IGCC. ead online Aug. 9, 2010 <>.

Lockwood, N 2004, 'Corporate Social esponsibility,' Society for Human

esource Management.

Smith, H 2004, 'Who calls the shots…… [Read More]


Kahler, M & Lake, DA 2001, 'Globalization and governance,' IGCC. Read online Aug. 9, 2010 < >.

Lockwood, NR 2004, 'Corporate Social Responsibility,' Society for Human

Resource Management.

Smith, H 2004, 'Who calls the shots in the global economy?,'
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Corporate Sustainability Summary of the Purpose of

Words: 2925 Length: 10 Pages Document Type: Essay Paper #: 14047818

Corporate Sustainability

Summary of the purpose of Corporate Sustainability Reporting

Reporting corporate sustainability is one of the best ways to ensure that a company is not only doing well financially in the present but also in securing a better and more certain future. The reporting of corporate suitability ensures that the current needs of the organization are effectively met without comprising future needs of the organization. Reporting on corporate sustainability also ensure that organization are able to keep up with all changes in the industry, with ensuring that new innovations have been developed, maintained and employed in the daily operations of the organization. Corporate sustainability is developed on a grid developed to ensure that the future is secure, and that the organization will survive for a long time.

Corporate sustainability also encompasses the assessment of current and future risks that the organization is likely to endure. As such, a majority…… [Read More]


Chee Tahir, A., and Darton, R. C, 2010, "The process analysis method of selecting indicators to quantify the sustainability performance of a business operation." Journal of Cleaner Production, Vol. 18, 1598 -- 1607.

Kaufman, A. And Englander, E, 2011, "Behavioral Economics, Federalism, and the Triumph of Stakeholder Theory." Journal of Business Ethics, Vol. 102 No.3, 421-438.

Fassin, Y, August 2012. "Stakeholder Management, Reciprocity and Stakeholder Responsibility." Journal of Business Ethics, Vol. 109 No.1, 83-96.

Pryor, M, Humphreys, J, Oyler, J, Taneja, S. And Toombs, L, December 2011, "The Legitimacy and Efficacy of Current Organizational Theory: An Analysis." International Journal of Management Part 2, Vol. 28 No.4, 209-228.
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Corporate Structure a Corporation Is a Form

Words: 1052 Length: 3 Pages Document Type: Essay Paper #: 98718661

Corporate Structure

A corporation is a form of business structure. The corporation is given the same basic rights and duties as an individual. This shields members from the corporation from some liability for the corporation's actions, but also prevents them from utilizing corporate assets in the same way that one would use personal assets. There are some differences between publicly held and privately held corporations; however the basic structure of a corporation remains the same regardless of how the corporation is held. There are three main groups in the corporate structure. The first group consists of the directors of the corporation. The second group consists of the officers of the corporation. The third group consists of the shareholders of the corporation. Individuals may belong simultaneously to more than one of these groups, but each group has different responsibilities.

The first group consists of the directors of the corporation. When forming…… [Read More]


Findlaw. (2011). Corporate structure: directors to shareholders. Retrieved from 

Investopedia. (2009). The basics of corporate structure. Retrieved from 

Investopedia. (2011). What's the difference between publicly- and privately- held companies?

Retrieved from