Question

In: Finance

In no more than 300 words, explain why the quality of corporate governance is relevant to...

In no more than 300 words, explain why the quality of corporate governance is relevant to the effective management of educational institutions.

Solutions

Expert Solution

Corporate governance is nothing but how the company's higher level authorities act, and how they set values.The major responsibilities of the board re to set the strategic objectives.providing leadership to implement them and how they are going to report to the shareholders, managing risks,business operations,annual operating plans and budget,effective succession planning.These are all the qualities of the corporate governance.The main principles of Corporate governance are Equal treatment of the shareholders

transparency

Responsibility

Accountability

Fairness

Ethical Behavior

Consistent

Its all about bringing transparency in the company's behavior.The important actors are the board of director,shareholders and the management of the company.

As discussed above the qualities of corporate governance can be applied to educational institutions as well.

Education is the key to drive a country's growth.The educational institutions should clearly mention the vision and mission,its responsibilities,practices, policies exercised by the institution.The institution should make sure that all the resources are used responsibly and correctly and that all the objectives are implemented.The educational institution should not charge differential fee based on the religious groups, ethnic group ,caste or any other thing.A good governance makes the institution more successful in the eyes of the people and makes them ethical.


Related Solutions

In no less than 200, but no more than 300 words explain to the class your...
In no less than 200, but no more than 300 words explain to the class your definition of Quality of Care. Make sure that your definition is in your own words, you provide references in your definition, and you format your writing in APA style.
Answer the questions with an essay of not more than 300 words : 2. Explain the...
Answer the questions with an essay of not more than 300 words : 2. Explain the short run and long run effects of the following events on output and price level with the AD-AS diagram: a. tax cuts b. money supply increases c. an increase in the price of key imported inputs d. a natural disaster that destroys a significant portion of production capacity e. a major technological innovation
In no more than 300 words: Why does Singer argue that we are worse than Bob...
In no more than 300 words: Why does Singer argue that we are worse than Bob in his essay “The Singer Solution to World Poverty”?
(At least 300 Words) The Corporate Takeover Market: Common Takeover Tactics, Antitakeover Defenses, and Corporate Governance....
(At least 300 Words) The Corporate Takeover Market: Common Takeover Tactics, Antitakeover Defenses, and Corporate Governance. Friendly takeover is clear, how about a hostile takeover. Can you provide one example and briefly discuss. Discuss one pro and one con of a friendly takeover AND a hostile takeover. You can also add one of the techniques used to assist or deter these type of takeovers.
why is corporate governance more important in public listed companies than in private companies? what does...
why is corporate governance more important in public listed companies than in private companies? what does accountability mean in the context of corporate governance
Is regulation more the response to corporate governance and ethical flaws? Why or why not?
Is regulation more the response to corporate governance and ethical flaws? Why or why not?
Explain a real world application of Engineering Economics. It must be more than 300 words and...
Explain a real world application of Engineering Economics. It must be more than 300 words and less than 600 words. Show a real world example!
Briefly explain in no more than 300 words the following diagram which depicts the linkage between...
Briefly explain in no more than 300 words the following diagram which depicts the linkage between the corporation and investors in security markets. As part of your explanation, outline what are some of the types of securities which are traded in the market.
explain why CAPM beta is thought to be a more relevant measure of risk than standard...
explain why CAPM beta is thought to be a more relevant measure of risk than standard deviation for a well-diversified investor
Need a scholarship essay about why I choosed accounting. Must be more than 300 words
Need a scholarship essay about why I choosed accounting. Must be more than 300 words
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT