Corporate Governance and Ethics Essay -- Business Ethics

As a CEO of a potbelly stove there is nothing more rewarding then maximizing the wealth of your shareholders, in addition, to increasing the value of the firm. However, it should not be done un goodly and jeopardize the financial, social status as well as the character of the political party, ultimately causing them to suffer in the end. There are systems practice into place to avoid such acts that are generally overseen by the display board of the shipors of organization. In most companies the board of directors consists of shareholders or former employees of the company. Due to the fresh scandals in corporate America many companies have acted quickly in actually implementing rules and regulations. They are sometimes referred to as the ethical codes. In this melodic theme I forget discuss the importance of corporate governance and ethical codes within a corporation. How has the recent crackdown changed corporate America? Has there been an returns? Does the gender of top management have an impact on the companys performance? Are we able to determine if independent directors stoop the social responsibility and corporate governance of the organization? I will attempt to address these issues throughout this paper. Analysis/Critical Evaluation bodily Governance is delimit as a system that has been established to direct and control companies and I controlled by, (QFinance The Ultimate Resource, 2009, para. 1.), the board of directors, who must abide by rules and regulations, while implementing such a system. Their duties include, setting the strategic goals of the company, provide leading and reporting to the companies stakeholders (QFinance - The Ultimate Resource, 2009, para 1). Socially responsible firms are defined as firms ... ...SIBILITY AND CORPORATE GOVERNANCE. Economic Affairs, 29(4), 5-10. doi10.1111/j.1468-0270.2009.01940.xLlopis, J., Reyes Gonzalez, M. M., & Gasco, J. L. (2007). corporeal governance and organisational accultura tion The role of ethics officers. International Journal of Disclosure & Governance, 4(2), 96-105. doi10.1057/palgrave.jdg.2050051Kanji, G. K., & Chopra, P. K. (2010). Corporate social responsibility in a global economy. Total eccentric Management & Business Excellence, 21(2), 119-143. doi10.1080/14783360903549808Holder-Webb, L., & Sharma, D. S. (2010). The Effect of Governance on acknowledgment Decisions and Perceptions of Reporting Reliability. Behavioral Research in Accounting, 22(1), 1-20. doi10.2308/bria.2010.22.1.1QFINANCE The Ultimate Resource, 2009 Bloomsbury discipline Ltd. - http//www.qfinance.com/dictionaryhttp//en.wikipedia.org/wiki/Ethical_code