Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Management Theories Expert

A Mauritian listed company, Mauritius Paradise Ltd, engaged in the hotel sector, has a reputation for confrontation with its employees and frequent industrial action. The Chairman  holds the position of the Chief Executive Officer and has a very hands-on approach to management. The board of directors has justified its aggressive attitude to employees by arguing for the need to improve operational efficiency and cut labour costs in order to maintain profitability. The frequent industrial action causes great inconveniences to the organisation and has an impact on the general public.

Conscious of the company’s poor reputation and queries about good governance, the board of directors retained the services of ExcelPro Ltd, a Consultant, to consider ways of improving relationships between the Board and the company’s shareholders, employees, customers and the public in general as well as enhancing good governance throughout the company.

A suggestion made, in a report, by ExcelPro Ltd, was that the board should adopt the Code of Corporate Governance (Mauritius 2003/2004). The Consultant has also suggested that financial reports and other statements published by the company should be improved, and need to be more transparent.

Finally, ExcelPro Ltd recommended that to promote good governance, the Company Secretary should be required to act as the conscience of the company, and should report regularly to the Board on compliance and ethical issues, as a matter of good governance practice.

Required:

problem 1: What is the meaning of transparency in reporting and suggest how the application of this principle may contribute to better corporate governance?

problem 2: Suggest how Corporate Governance could be improved at the level of Mauritius Paradise Ltd.

problem 3: describe how the Company Secretary contributes to better practice in corporate governance, including the company secretary’s role as the conscience of the company.

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M97561

Have any Question? 


Related Questions in Management Theories

Forecasting comparison presentationidentify a state local

Forecasting Comparison Presentation Identify a state, local or federal policy that impacts your organization or community. Create an 8- to 10-slide Microsoft PowerPoint presentation in which you complete the following: D ...

Supply chain managementassignment informationthis

Supply Chain Management Assignment information: This assignment requires you to write a 2000 word original reportaddressing the following areas: Compare and analyse the supply chain of one service and one manufactured pr ...

The key assignment first draft should contain material from

The Key Assignment first draft should contain material from Parts 1-4 and should be 1,250-1,600 words. For this unit's assignment, you are to add the following section to your draft: Quality Tactics and the Logistics and ...

Bsiness policy and strategy midterm examquestion 1 in the

BUSINESS POLICY AND STRATEGY MIDTERM EXAM Question 1: In the __________ stage of the industry life cycle, there are many segments, competition is very intense, and the emphasis on process design is high. Introduction Gro ...

Building the new billing system for irtc customer service

Building the New Billing System for IRTC Customer Service Department. Project Stakeholders Describe how stakeholders were identified and analyzed, what tools and techniques were used to categorize and understand stakehol ...

Employee developmentin an organization that wants to use

Employee Development In an organization that wants to use work experiences as a method of employee development, what basic options are available? Which of these options would be most attractive to you as an employee? Why ...

Communication - final project - discussiontopic management

Communication - Final Project - Discussion Topic: Management Reports Management reports have been a prominent topic the past few years. The term "Management Reports" can be understood in a variety of different contexts a ...

Project topicsdear students following are the topics for

Project Topics Dear students following are the topics for final project. You are supposed to pick one topic for your project. 1- A study of the practices of two MNCs. 2- A study of World Trade Organization (WTO) and Free ...

What are the types of plans how are they distinguished from

What are the types of plans? How are they distinguished from one another? Do you think plans with incremental objectives are more effective than those that contain stretch goals? Why or why not? What role should ethics p ...

Majorfield supply change management writingthree-pages

MAJOR/FIELD: ''SUPPLY CHANGE MANAGEMENT'' WRITING Three-pages paper single space on the following Supply Chain Topics: Did Toyota an auto manufacturing company benefit from implementing JIT? Is Tesla benefiting from Supp ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro