TITLE : CORPORATE GOVERNANCE COMPANY NAME : AIR ASIA GROUP MEMBER AIRASIA BERHAD COMPANY PROFILE ? Established in 1993 and commence operations on 18 November 1996. ? Established with the dream of making flying possible for everyone ? Originally founded by a government-owned conglomerate, DRB-COM. ? Bought by former Time Warner executive, Tony Fernandes ‘s company Tune Air Sdn Bhd on 02 Dec 2001 COMPANY […]

The principal objective of this essay is to provide a comparative analysis of the application of codes of corporate governance in the United Kingdom (UK) and South Korea, with particular emphasis to the code of board balance and independence and the code of audit committee and auditors. The essay undertakes a comprehensive assessment of the compliance and limitations of the application of these particular codes […]

Good corporate governance as a system of governance is essential from all points of view — legal, social, ethical and economic. Sony and BMW (Germany) have established a strong network helping the society and the nation at large, which has introduced confidence amongst its share holders. Auditors were following questionable accounting practices on behest of the management and often advising on how doubtful accounting choices […]

Literature Review Different CG indices have been confirmed in the literature, mostly depended on developed countries. But, very small work has been carried out on the developing and developing markets. An attempts is carried out to establish know how of the emerging markets of Asia Especially established in oil based GCC countries. A little Interesting work has been carried out by two professional bodies; Institutional […]

Week 2 Essay Questions (100 Points) 1. Do you feel the extent of shareholders’ participation in the election of directors is limited to the rubber-stamp process of affirmation? Explain the given statement. Actually, shareholders have limited power during the election process even though they are empowered by the statues to elect directors to oversee management. Even if the majority of shareholders oppose a corporate sponsored […]

As an outcome of the global financial crisis and numerous corporate scandals, companies are in need of most effective, skillful and honest board team more than ever. A dexterous squad of people, who fully understand and actively engage in virtually all aspects of a company’s operations and provide a useful insight in the decision making process. In theory, the board of directors plays a vital […]

According to Okoth (n. d. ), independence of non-executive directors means that they do not have any conflicts of interest within and beyond the company. Thus, they monitor and are able to resolve conflicts of interest which affect the wider company, for instance, directors’ remunerations and successions in the board (Higgs 2002, p. 4). The European Commission is of the view that the independent nature […]

Ted Seabrook, Phillips Exeter Academy’s venerable wrestling coach during the 1960’s when I was a student there, taught me an invaluable lesson that I have found applicable to a myriad of situations beyond the grappling mat. In describing how to bring a man down when, for example, the wrestlers begin in the down position and one finds himself on the top with the opponent beneath […]

                                   Corporate Governance in Risk Management             Internal control             In any company the owners have set goals as well as objective to be met which are only achievable with the hiring of employees The hire workforce is the source of thefts, non-compliance to the set laws as well as the regulations of the company, poor resource use, and inconsistent financial reports. Ironically the owners […]

Corporate governance is an essential part of modern company operations and management , it relates to business ethics, code of conduct and system to manage a company. However, there are many corporate scandals due to the failure of corporate governance. This report analyzes the corporate governance from multiple aspects. It is through the understanding the relationship between corporate governance and business ethics, evaluating the ASX […]