Effective Corporate Governance- Developing an Effective Board or Essay

Effective Corporate Governance- Developing an Effective Board or Governance Team Academic Book - Essay Example governance†, the readers need to know who the members of the board of directors are including how these people are different from the executive members of a corporation (Daily and Schwenk; Pound, p. 94). Basically, making the target audiences know who we are referring to as the members of the board of directors will make it easier for them to understand internal and external factors that contributes to effective corporate governance. (Kindly insert an organizational chart in this chapter) After discussing the members of the top management in Chapter II, this chapter will focus of discussing the role and responsibilities of each members of the board. As part of discussing the role and responsibilities of the board of directors and executives of a corporation, highlighting some possible case scenarios may help the readers have a better understanding of effective corporate governance. The book writer will discuss the role of executive and non-executive directors in terms of making the business objectives work for the best interests of the company. (Mallin, p. 125) For example: Since the best way for executive and non-executive directors to perform their duty effectively is to have an access to the company’s business information (Waldo, p. 5), the board of directors should not only carefully analyze the corporate financial report but also meet the team members regularly to discuss the proposed strategic plans and issues that will significantly affect the success of the business (Solomon, p. 103). This chapter will discuss the following: (1) importance of corporate leadership among the members of the top management; (2) importance of having a third party check for any signs of unusual business practices in the financial statement; (3) importance of establishing an organizational culture that give priority to teamwork as well as ethical, fair and legal

Statistical Analysis Discussion paper Essay Example | Topics and Well Written Essays - 500 words

Statistical Analysis Discussion paper - Essay Example The mean overall job satisfaction of the male employees was 4.43 on a scale of 1-7 with 7 being the highest while the mean overall job satisfaction for the female employees was 4.26. The organization can target the female population in its efforts to increase job satisfaction perhaps by methods such as job sharing, paid time-off for family, child-care facilities, etc. This is especially important in light that there exists a 79% chance that an individual, randomly picked from the database will be female while there is a 50.7% chance that any randomly picked employee will be aged between 22 and 49 years old, the group that has most family commitments. Correlational research is concerned with measuring the strength and direction of the linear relationship between two random variables as measured by the correlation coefficient (Daniel and Terrell, 1995; Watson et al., 2005). It is dimensionless and it may assume any value between -1 and 1, inclusive (Daniel and Terrell, 1995). If the correlation coefficient is either -1 or 1, the variables have a perfect linear relationship in that all of the points lie exactly on a straight line. If the correlation coefficient is near -1 or 1, there is a high degree of linear association.