Scribd Logo
Upload

Welcome to Scribd!

  • Corporate Governance and Social Responsibility

    Uploaded by

    Minhh Khangg
    9 views1 page
    The document discusses various aspects of corporate governance such as P/E ratios, board commitment, internal control procedures, roles and responsibilities of directors, transparent disclosure, and shareholder rights. It provides examples of recruitment policies, an independent audit committee, a risk management framework, and financial reporting according to IFRS. Overall, the document outlines key elements and best practices for ensuring strong corporate governance.

    Original Description:

    Original Title

    Chapter 7

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document discusses various aspects of corporate governance such as P/E ratios, board commitment, internal control procedures, roles and responsibilities of directors, transparent disclosure, and shareholder rights. It provides examples of recruitment policies, an independent audit committee, a risk management framework, and financial reporting according to IFRS. Overall, the document outlines key elements and best practices for ensuring strong corporate governance.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    9 views1 page

    Corporate Governance and Social Responsibility

    Uploaded by

    Minhh Khangg
    The document discusses various aspects of corporate governance such as P/E ratios, board commitment, internal control procedures, roles and responsibilities of directors, transparent disclosure, and shareholder rights. It provides examples of recruitment policies, an independent audit committee, a risk management framework, and financial reporting according to IFRS. Overall, the document outlines key elements and best practices for ensuring strong corporate governance.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    P/E Ratio

    For instance, the market price of a share of the Company ABC is Rs 90 and the
    earnings per share are Rs 10. P/E = 90 / 9 = 10

    The Board discusses corporate governance issues and has created a corporate
    governancecommittee

    The company has a corporate governance champion

    Appropriate resources are committed to corporate governance initiatives


    Board commitment
    Policies and procedures have been formalised and distributed to relevantstaff

    A corporate governance code has beendeveloped

    The company is recognised as a corporate governanceleader

    Internal control procedures

    Ex: Recruitment policies and procedures

    Independent audit committeeestablished


    Control environment
    Risk management frameworkpresent
    Directors
    Compliance Function techniques in useestablished
    Managers Corporate governance parties Chapter 7 Media management
    Law Shareholders
    Corporate Governance elements Ex: A media strategy for launching a new high speed train that involves media
    Society’s
    Corporate governance production, advertising, events, product showrooms and building relationships with
    media representatives and influencers
    ethics Social responsibility and social responsibility
    Clearly defined roles andauthorities

    Duties and responsibilities of Directorsunderstood

    Good board pratices Board is wellstructured

    Corporate governance Appropriate composition and mix ofskills


    (decisions of directors) Director Remuneration in line with bestpractice
    Business needs to
    appear socially Financial Information disclosed
    responsibility Non-Financial Informationdisclosed

    Transparent disclosure Financials prepared according to International Financial Reporting Standards(IFRS)


    Pressure for
    social Companies Registry filings up to date
    responsibility
    High-Quality annual report published

    Ex: Financial statements

    Minority shareholder rightsformalised


    Needs of Director’s
    Well-organised shareholder meetingsconducted
    shareholders ethics Pressures Internal
    External Well-defined shareholder rights Policy on related partytransactions
    Pressures
    Policy on extraordinarytransactions

    Clearly defined and explicit dividendpolicy

    You might also like