Strategic Managment - Corporate Governance Essay

Strategic Managment - Corporate Governance - Essay Example Individual commitment to ethics is as much required as the a strong performance on the bourse. Corporate Governance gives companies the basic framework to establish the rules of the game within. On one hand, the companies deal with measurable and quantifiable assets like finances and accounts. On the other are its deep rooted social and environmental commitments to the buyers, suppliers, and the community it works in. Corporate Social Responsibility is that aspect of Corporate Governance that ensures that a company fulfills its social and obligations besides increasing its profits. In fact, the financial performance of a company, to a great measure rests on the confidence it places in its employees with welfare concepts, ethical trade practices, protecting human values and respect for the environment. We will carry out a discussion into the Corporate Social Responsibility practiced by the UK retail major Marks and Spencer. We will first define corporate governance, then study the Code of Corporate Governance of UK and study its implementation as for as the clause of Corporate Social Responsibility is concerned. Corporate Governance is the system by which companies are directed and controlled. It provides architecture of accountability (Higgs, 2003).In other words, Corporate Governance is the principles on which a company is controlled, run and operated. . Corporate Governance requires of the Board to instil and maintain confidence in its shareholders by maintaining through transparency and informed of its decisions. Corporate governance is the accountability of a company, its board for protection of the investors’ money. Often in the past the Boards of companies did not behave responsibly resulting in loss of investor’s money and the confidence. The laws in UK were severely lacking in keeping proper checks and controls on the performance and decision making of executive and non-executive directors. This often

Should High School Students Attend a 2 year Community College then Research Paper

Should High School Students Attend a 2 year Community College then Transfer to a University, or go Straight to a 4 year Universi - Research Paper Example The four years University programs however are taken after enrolling for a specialized degree in an accredited institution. These universities may or may not be privately funded; however the expenses are definitely higher than the two years community college programs. As a general perception, students who are highly competitive and belong to high income groups are directly enrolled for these four years programs and once they get done with their degrees they get highly paid corporate jobs. This is the reason why the capitalist system strongly supports the university programs as the rigorous educational environment equips the individuals to compete for the highly competitive jobs. Community College programs were initiated from the beginning of the 19th century, while the enrollment rate was considerably low at that time. The scope of these community colleges at that time was limited as the students registered for these programs were strictly enrolled to study arts and humanities subjec ts. The Great Depression that hit U.S in the 1930`s owed much to the enhancement in the enrollment rate of students in these community colleges. Now the scope was widened as the students were now being trained to compete for job positions to reverse the effect of the economic depression. The 1960`s saw the most drastic explosion in the cultivation of community colleges and by the 1980`s about 4.3 million American students had been enrolled in these community colleges. Talking about the new century, about 1,076 community colleges had already been produced and the number has only been increasing ever since (Kasper, 2003). This ever increasing boom in these community colleges is an effort to make college education available to all Americans, irrespective of their ethnicities or backgrounds. These community colleges also aim to support international students in their struggle to pursue quality education (Chow, 2007). Thus, community college is a convenient alternative to the University education which is too expensive to be acquired by a common man. University education has become more of a privilege as those who belong to the lower income groups have to face a lot of hardships to get into a reputed university; the state funded universities are no exception to this rule. Let us suppose for a moment here that community colleges cease to persist, and all we`re left with are university degrees. In such a case, it is crucially important to analyze the future of those 29% prospective students with an annual income lower than $20,000 who attend a community college as a pre-requisite to a four years university program. Also, 35% of the students attending community college are those who have other dependents relying on their income, in the presumed scenario the future of these prospective students would be at stake. These community colleges are aiming at making an effort to bring higher education at the doorsteps of all kinds of people. The international students have to pay an even higher amount to get enrolled for these university programs, thus if they get enrolled for a two years community college program, they can save a lot of money which they can later utilize to get admitted to universities where they can complete the rest of the two years and thus compete for the relevant market positions. Community colleges