There are many models of corporate governance in the world and there is no universal best choice. The choice of the best model for a company depends on not only on its goals, motivations, mission and business context but also on their economic, legal, political and social frameworks. Nevertheless, there are 2 dominant governance models. … Continue reading Corporate governance models
Photo by Aaron Kittredge on Pexels.com Are you curious about the meaning of the term "corporate governance" in business? Find all its official definitions below, as well as why it is important and what actions can you take to create an effective corporate governance strategy. Definitions of Corporate Governance in Business Simple Definition of Corporate … Continue reading What is corporate governance?
1. Introduction The COVID-19 pandemic exposed governments to waves of fraud. As the unscrupulous profiteers in Britain and America remorselessly exploit the crisis for illegal gains thereby worsening taxpayers’ woes fraud, everyone in both public and private sectors are morally obligated to blow the whistle under the False Claims Act and similar programs. This action … Continue reading ARE WHISTLEBLOWERS TRULY PROTECTED, MOTIVATED AND REWARDED BY EXISTING LEGAL SYSTEMS?
PESTEL Analysis is a strategic framework used to evaluate the external environment of a business by breaking down the opportunities and risks into Political, Economic, Social, Technological, Environmental, and Legal factors. PESTEL Analysis can be an effective framework to use in Corporate Strategy Planning and for identifying the pros and cons of a Business Strategy. The PESTEL framework is an extension of the PEST strategic framework, one that includes … Continue reading What is PESTEL Analysis?
THE COVID-10 PANDEMIC HAS EXPOSED PREVIOUSLY NEGLECTED FLAWS IN GLOBAL Whistleblower Protection LAWS. The pivotal role of accountability and transparency in building and maintaining public trust in organizations is indisputable. How the Chinese government and World Health Organization (WHO) undermined public health at the initial and peak stage of COVID-19 pandemic, and consequential global spread … Continue reading Why is whistleblower protection a trending issue?
You don’t really care about how bad a road is until you are the one using said bad road. The same applies to snow in winter—you don’t really care about it until all of your regular parking spots become piles of snow and you can’t but try and improvise your parking until the snow melts. … Continue reading UK resident complains about a potholed street, gets shocking reactions from other countries
Pillars of Corporate Governance In all ramifications of human endeavour, the foundation of corporate governance is the attitude and practice of the society. Inam (2006) postulated that these values are based on the following: 1) Accountability of power, based on the fundamental beliefs that power should be exercised to promote human well-being. 2) Democratic values, … Continue reading Pillars and models of Corporate Governance
Code of Corporate Governance According to Frank and Graeme (2005) the followings are considered essential for effective operations of corporate governance in any public limited liability company; 1) Half-yearly financial statement prepared by the management of the entity and subject to a limited scope review (not audited) by the external auditors. Such a review should … Continue reading Code of Corporate Governance
Abstract This study investigated the ways and manners in which the affairs of banking sector in Nigeria are managed by those charged with the responsibility. It showed there is a relationship between corporate governance and the performance of banks in Nigeria. The population of the study consisted of all the 24 consolidated banks in Nigeria that … Continue reading The Role of Corporate Governance in the Performance of Nigeria’s Banking Sector
Corporate governance is most often viewed as both the structure and the relationships which determine corporate direction and performance. The board of directors is typically central to corporate governance. Its relationship to the other primary participants, typically shareholders and management, is critical. Additional participants include employees, customers, suppliers, and creditors. The corporate governance framework also … Continue reading Corporate Governance: Everything you need to know
For a long time, capacity deficiencies and the low level of governance performance among African countries lead to turmoil of "having tribe societies without a central government". This is an important factor that caused slow development in Africa. Thus, we must rethink the development and governance issues of Africa, to seek Africanised solutions for African … Continue reading Corporate governance and the development of African nations