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

The impact of transportation disruptions on supplychain

The impact of transportation disruptions on supply Chain Performance Martha C. Wilson College of Business Administration, California State University, Sacramento 6000 J Street, Sacaremento, CA 95819-6088, United States R ...

Write a 700- to 1050-word paper answering the following

Write a 700- to 1,050-word paper answering the following questions: What are the advantages and disadvantages of easily obtainable information? What are the advantages and disadvantages of social media? How might knowing ...

1 explain the following termsstrategic planningcustomer

1. Explain the following terms: Strategic Planning Customer Focus 2. What are the three theories of discrimination. List all three under Title VII of the civil rights act? 3. Explain Job analysis and Job description in y ...

Question 1 review the following statement from your reading

Question 1: Review the following statement from your reading this week, "Diversity in the workplace is necessary to create a competitive economy in a globalized world." Find at least two articles that support this statem ...

Assignment sustainable talent managementwith the same

Assignment: Sustainable Talent Management With the same talent management strategy in mind from Assignment 3, write a six (6) page paper in which you: 1. Determine which performance management process you will employ to ...

To prepare for this assignment read this weeks required

To prepare for this assignment, read this week's required article by Firshein (1996). For your Final Project, you will compile the work you have completed throughout the course to develop a 10- to 15-page marketing plan ...

Questionas a supply chain consultant for a global company

Question: As a supply chain consultant for a global company one has to be aware of the extra costs of importing goods into the US. US Customs can add significant costs to ownership when you add Anti-Dumping (AD) and Coun ...

Explain the 4 stage model of supply chain integration and

Explain the 4 stage model of supply chain integration and how it would apply to a business trying to enter a global market.

1 what are the practices that can be learnt from the

1) What are the practices that can be learnt from the theories and actual implementation of Green supply chain in Small Medium Enterprise (SME)? 2) What are the advantages and disadvantages for SME to implement Greer, Su ...

Read the article below and complete a 1-2 page article

Read the article below and complete a 1-2 page article review. The article review should include the following: Summary of the article. What are the key points of the article? How does military conflict management differ ...

  • 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