Take home exam for law and ethics Essay Example | Topics and Well Written Essays - 1750 words

Take home exam for law and ethics - Essay Example It is in this respect wherein the concept of the best practices in corporate governance emerged. An important element that constitutes best practices in corporate governance is transparency. This can be in the form of disclosure, which most capital markets require from its listed companies. What is recommended here is for such corporate policy to be codified as part of the organization’s rules and regulations. For example, Berghe wrote that majority of best practices in corporate governance in the area of transparency is the explicit rule in the code that financial performance, including the related interests of the members of the board should be reported in the annual report to shareholders.1 In addition to the disclosure of the financial reports, best practices mandate that other pertinent information should also be made available, including, but not limited to, instances of share ownership and voting rights. The names of the board members, managers (including their compensation) should not remain hidden as well. The significance of these variables variable has been demonstrated in the bankruptcy of Enron. It was only during the intense media and government scrutiny after the company announced its financial woes that the exorbitant compensation packages of its executives were revealed along with its â€Å"creative† accounting practices. Certainly, the importance of disclosure in corporate governance is particularly highlighted during crises. If full transparency is ensured, audit, performance evaluations, and other assessments and mechanisms can function properly in order to ensure that the organization is on track in achieving its objectives and compatible with sound corporate governance. Another component of best practices is the explicit rule in a corporate code of best practices to establish ethical and corporate governance standards. A number of stock

Blowback by Chalmers Johnson Essay Example | Topics and Well Written Essays - 1500 words

Blowback by Chalmers Johnson - Essay Example However, Chalmers regretted the political awakening of the United States after the dissolution of the Soviet Union. He notes that instead of the Unites States demobilizing its defense forces, it accelerated its reliance on military operations for solving its economic and political problems. The result of this militarism as evident in the actual domestic defense is increased terrorism against the State and its close allies. It has resulted to the loss of core democratic values at home. It has become the cause of actual disaster for the America economy. This task looks at the author’s main arguments in the ‘Blowback’ and the information he uses to convince his readers on his position. It covers what ‘Blowback’ covers well in my opinion and the portions of the series I believe are misplaced and misleading. In addition, the assignment uncovers some elements of style the author uses to develop his work. It looks at the rationale of the writer’s main argument and dissects the logic and clarity of his argument. Chalmers supports the notion that America is hated around the world. He supports this by purporting that the concept of â€Å"blowback† means more than retaliation against the things the American government has done in and to foreign countries. The concept refers to retaliation against several other illegal operations the country has carried out abroad. The operations have been kept secret from the public. This implies that when the retaliations come as it did in 9/11, the American public is often unaware and cannot place the events in context. Therefore, the public tends to support all acts that the government places to lash out against the perpetrators. This prepares grounds for further blowbacks, as the American public joins the enmity created by its secretive government. Supporting the idea of enmity of the American society perpetrated by the militarization, Chalmers gives an example of the Okinawa Military Base in