Corporate Governance Assignment Essays

Corporate Governance Assignment Essays Corporate Governance Assignment Essay Corporate Governance Assignment Essay The company host an annual general meeting to which all stakeholders are given due notice Of. Also, in accordance with the banks by-laws, three directors retire from the board annually and may offer themselves for re- election at the banks annual general meeting. The company also issues an annual report and quarterly financial statements to stakeholders and the general public. Pursuant to the mandate to ensure that the interests of the various stakeholders are considered the board of directors meets, at a minimum, on a quarterly basis while the Executive Sub-committee of the Board, comprising seven Board members, meets monthly for the remaining months. (Republic Bank (Guyana) Limited 2014) 3. 4. Responsibility 3: To ensure compliance with the law The board of directors of Republic Bank (Guyana) Limited is committed to proper standards of corporate governance and maintaining these standards at the highest level. Continuous monitoring of the banks systems and procedures is done to ensure that standards are in keeping with the best practice as determined by the principles of corporate governance. The bank is also guided by the Recommendations for a Code of Corporate Governance issued by the Guyana Securities Council, and Supervision Guideline No. 8 on Corporate Governance issued by the Bank of Guyana under the authority of the Financial Institutions Act 1995. In addition the Bank is compliant with Supervision Guideline 10 on the public Disclosure of Information. (Republic Bank (Guyana) Limited 2014) 3. 5. Responsibility 4: To review and guide corporate strategy As stated in the banks Annual report of 2014 Of critical importance to the board of directors is the responsibility to approve and view the banks strategic plan and within this context, to approve annual budgets, including capital expenditure. The board retains the responsibility for reviewing and approving credit applications above a specified limit. In keeping with the expectation of the board of directors the performance of each Management Officer is also assessed against all key performance areas which among other things may include financial targets. The performance of all management officers is reviewed by the Board of Directors on an annual basis. Additionally, taking into account the increasing need for risk assessment, the board of directors has established a risk management committee, known as the other risks committee. 3. 6. Responsibility 5: To select, compensate, and monitor key executives As stated in the annual report of 2014, the managing director and management team are appointed by the board of directors. Each management officer has a written mandate and is required to execute the stated functions as outlined therein. The managing directors responsibilities and authorities are documented and approved by the board of directors. 3. 7. Responsibility 6: To monitor governance practices Monitoring of governance practice involves continuous review of the internal structure of the company, monitoring and disclosure of corporate governance practices on a regular basis, self-assessment by boards oftener performance as well as performance reviews of individual board members and the CEO/ Chairman. COED 2004) At Republic Bank (Guyana) Limited, the board of directors approves the organizational structure for the Bank which ensures a reporting structure with prudent and effective controls. The board of director s comprises nine directors including one executive director. Of the eight non-executive directors, five are independent. Republic Bank (Guyana) Limited adheres to the recommendations of the Supervision Guideline No. 8 on Corporate Governance issued by the Bank of Guyana under the authority of the Financial Institutions Act 1995 regarding its board structure. The board is comprised of an executive director and a majority of independent directors. Republic Bank (Guyana) Limited 2014) Further, as suggested in the COED principles of Corporate Governance 2004, with single tier board systems, the objectivity of the board and its independence from management may be strengthened by the separation of the role of chief executive and chairman, Republic Bank (Guyana) Limited chairman is a non-executive director. The managing director of Bank (Guyana) Limited is the only executive director on the board. Additionally, in the annual report of the bank a statement of the banks corporate governance practice is made public. 3. 8. Responsibility 7: To ensure integrity of accounting and financial systems Several committees have been set up by Republic Bank (Guyana) Limited to ensure integrity of accounting and financial systems. These committees are: 3. 8. 1. The audit committee The audit committee of the board meets at least quarterly to review the ann.s system of internal control, financial reporting process, audit and examination process, and compliance with Statutory and regulatory laws. When necessary, the Audit Committee is responsible for reviewing the independence, competence and qualifications of the External Auditors. 3. 8. 2. The compensation committee The compensation, which meets at minimum once per year, is responsible for formalizing the banks remuneration policy for staff. 38. 3. The other risks The other risks committee, which meets quarterly, is responsible for reviewing policies and procedures and ensuring that the Bank is not exposed o unnecessary risks with respect to its operations. 3. 9. Responsibility 8: Corporate Social Responsibility Every board has a duty to formulate the companys strategy, recognizing the risks involved, and part of that process involves determining how the company will behave, in other words, establishing how social responsibility will be exercised throughout the organization. (Trickier 2012, p. 235) At Republic Bank (Guyana) Limited the need to be a good corporate citizen and perform its corporate social responsibility is understood and mirrored in the companys vision which establishes the bank wishes to set a standard of excellence for social responsibility. Corporate social responsibility activities of Republic Bank (Guyana) Limited are conducted under its power to make a difference program. The Power to Make a Difference programmer aims to enhance the quality of life of disadvantaged persons; support healthcare programmed and disability awareness initiatives; provide opportunities for young people to realize their truest potential through sport, education and the arts; build community spirit and, in essence, help to correct some of society ills. (Republic Bank (Guyana) Limited 2014) 4. Recommendations It was found that Republic Bank (Guyana) Limited in its governance aims to be a good corporate citizen by complying with rules and regulation stipulated at a national level and also meeting international standards of corporate governance. However, there are areas that could stand improvement and as such the following recommendations are made: 1 ) The chairman of the board of directors should be an independent non-executive director.

Word Choice Ensure vs. Insure - Proofeds Writing Tips

Word Choice Ensure vs. Insure - Proofeds Writing Tips Word Choice: Ensure vs. Insure Although ensure and insure sound similar and differ in spelling by only one letter, they are typically used in very different contexts. Nevertheless, due to their similarity, they are often mixed up in writing. However, repeated misspelling of the word ensure, or confusing it with the word insure will reflect badly on your attention to detail. As such, you should try to memorize what these words mean. Ensure (Make Certain) Ensure is a verb meaning make certain of something. It is commonly used in academic assignments when checking that something is accurate or guaranteed. For instance, we might say: To ensure that the results were accurate, we repeated the test. If you need to use ensure several times in one paper, you may want to use synonyms such as guarantee or make certain to vary your word choice. Insure (Guarantee Against Loss or Harm) To insure something is to secure it against potential damage, loss or harm by arranging for compensation should anything unfortunate occur: My house is insured against fire and water damage. It is most often used when discussing finances, specifically the idea of getting insurance against a risk: Before you go abroad, make sure to get travel insurance. Sometimes, you can also use it in a more general sense to mean take precautions, as in the sentence: By apologizing to the headmaster, the children hoped to insure themselves against detention. Ensure or Insure? Although they look similar on the page, there is a clear difference in meaning (and spelling) between these two words. To ensure that you use the correct one in your paper (see what we did there?), remember the following: Ensure = Make certain/guarantee Insure = Take out financial protection against a risk If you would like more writing advice, get in touch with the professionals at Proofed today!

Superman in Sixties and Pop Art Research Paper Example | Topics and Well Written Essays - 3500 words

Superman in Sixties and Pop Art - Research Paper Example Superman in the Sixties has got both pictures and texts that accompany the pictures. This has made it akin to the "narrative literary texts†. This has been one of the factors that made it popular within young and old aged people. The use of both images and texts make the comic to elaborate the happening efficiently and effectively. Superman in the Sixties is a form of comic that narrates a story to the audience. There is an interconnection of the images and the word in the book. The Superman in the Sixties as a series showcases the work of several artists in the book. The artists identified include the pencillers and the inkers and offers comparison elements with other works. The comic employs the use of speech balloon, caption, thought balloons, tier of panels, balloon tail, and sound effects among others. Furthermore, the readers can see them from the beginning to the end of the comic book. In addition, there is also use of cartooning in the book to pass the information. The authors use cartooning to give the information in relation to the characters: Jonathan and Martha, Clark, and Lana Lang among others. This made it possible to include non- diegitic symbols. There is also use of caricature in the comic book, for example, the authors describe Superman as someone with huge chest as a symbol of his strength. The comic also promotes the use of feathering in some parts. The book also entails the use of various inflicted lines in different areas of the book. There is also use of emanate in the comic book.

The History in behind Dolly Parton Essay Example | Topics and Well Written Essays - 1750 words

The History in behind Dolly Parton - Essay Example The name of the song was, "Puppy Love" which many people from the south are sure to be able to remember (Morning Edition 2002). When Dolly graduated from High-School she wanted to further her developing singing career so she packed up and moved to the big city of Nashville. She hit big with 'Porter Wagon' and for seven years on his show she built up her career rather fluidly. She finally decided to leave the program but before doing so she received two Country Music Association Awards for duo of the year (Pigeon-Forge 2006). From there her career has grown to vast proportions and is still growing in her other endeavors which includes two books that she has put together, and she even plans on having more published. However the two that have been out for quite some time are, "Dolly Parton: My Life", and "Other Unfinished Business" (Pigeon Forge 2006). On top of her more famous works, she also is very affluent in the business world, having developed many attractions in her hometown. Als o, every year there is a parade in Pigeon Forge which Dolly is a part of, this year will mark the 6th year of that parade. It is perceived that she enjoys it just as much as her fans enjoy coming out to stand in the crowd and wave as her float goes by. The parade itself draws 50,000 people that line the sides of the streets just to have a chance to see the famous country singer. There are numerous floats that are incorporated in with Dolly's but she is the main part of the annual parade every year. There are quite often times every year where Dolly's float stops in the streets while she sings one of her more famous songs that are hits with the crowd. This year she will be turning 60 years old and still going strong with her many personal projects, as well as her music, and business plans. Furthermore, Dolly has been a part of many fundraisers in her life thus far and has made many contributions to society as a whole. In fact, among these, she has developed one of the most famously k nown theme parks in the south known now as "Dollywood" which lies in the heart of Sevierville, Tennessee (Sevierville 2000). Dolly wanted to contribute something back to her home of the Great Smoky Mountains, but not only this she wanted to try and develop more employment opportunities for the people who live there. By opening her theme park in 1986 she has indeed provided extra employment and essential income for many of the families in the area as it has become the #1 State attraction in Tennessee, drawing over 2 million vacationers every year (The Songwriters Hall of Fame 2002-2006). Because of her presence and renowned history in the town of Sevierville, the city of Pigeon Forge has become one of the hottest points for well known country star singers, bringing thousands of visitors with every year that passes. Dolly Parton's career has been ongoing for over four decades now and she has been introduced into the country hall of fame as well. There was a point in time however well she felt her appearance might have held her back from several opportunities but by how much she has never said for a certainty. Her comment about how she felt about herself when she was in her much younger form is included in the following paragraph. I had this piled up mop of bleached blonde hair, and

Freedom Writers - About the Power of One Essay Example | Topics and Well Written Essays - 1000 words

Freedom Writers - About the Power of One - Essay Example The system had simply given up on these kids and during the initial minutes it appears that Erin is totally clueless about what to do with these kids and how to educate them. However, the movie soon gets interesting when charged with the optimism and persistence of Erin. Instead of fitting in like a brick in the wall, Erin decides to be different, she decides to tap into the power of one, she strongly believes that these kids are capable of being educated and reformed as any other kid studying in a high end school. It is this strong belief in her power and her capacity to make a change that constitutes the foundation on which this story stands. Rather than getting dismayed by the activities and beliefs of her students, Erin uses them as an aid to further their education. For instance when a Hispanic student comes out with a racially driven picture of one of his classmates, Erin, rather than getting disappointed and cynical, uses the opportunity to teach the kids about racial discrimi nation and the evils perpetrated on the innocent people in the name of racial pride. Placed in an environment that is utterly racist and discriminatory, Eric decides to use the Holocaust as a background to teach these kids about tolerance and racial harmony. She tells the kids as to how in the Nazi Germany thousands of Jews were killed, harassed and exploited in the name of racial pride. Erin chooses to dilute the students’ hatred for one another by teaching them as to how racial prejudice could lead to the exploitation of the harmless and the innocent. The class which was so far averse to the gestures of Erin soon starts to get interested in her and their interest starts to gather around the theme of Holocaust, directly leading to a... Freedom Writers shows as to how sometimes the aversion towards change is inbuilt within the system and how this disinclination towards change presents opposition to the individual personalities supportive and desirous of change. As the efforts and methods of Erin proceed to rake in change amongst her students, it leads to a conflict with her superiors and her husband owing to their cynical and stubborn thinking. Though not directly hinted in the movie, it could be said that the colleagues and superiors of Erin resist her not only out of jealousy, but, also because they somehow do not want these students to succeed, whom they had once labeled as the dredge of the society. Though, they simply could not bear to see Erin succeed with them, Erin with her resilience and perseverance, somehow always finds a way to navigate across the obstacles set by them. The one thing that the movie Freedom Writers teaches is that not only the change could begin with one, but rather change always begins with one. It is always the faith, perseverance and efforts of a single personality that ignites the imagination of millions and brings about the desired change in the societies.

Of Mice And Men coursework (Theme Of Loneliness And Friendship) Essay Example for Free

Of Mice And Men coursework (Theme Of Loneliness And Friendship) Essay Consider the theme of loneliness in Of Mice and Men. How does it affect the friendships and relationships in the novel? This novel was written by John Steinbeck which was set in the 1930s in Salinas Soledad which is in California. The novel consists of many historical factors which have affected the characters in this novel and one of them includes, The great depression Which leads the novels inspiration for the famous writer John Steinbeck which he mainly based on his own experience. In those days people travelled a lot differently to how we travel now. In those days migrant workers travelled extravagant distances looking for a job. There are many different themes in which are based throughout the whole book, such as loneliness, happiness, nature, dreams and reality: Which even lead to catastrophe. Many of the people in this novel have very lonely lives mainly because they are migrant workers and as we know they dont have time to make any friends or have any time to spend with their families. There are many characters that are lonely due to age, sex, and race. Two good examples would be Candy because of his age and Crooks because of his race. This novel consists of two main characters George and Lennie, who are an anomalous pair of migrant workers that look after each other. They are completely the reverse of each other. George is the one who has the communicative face and thinks of all of their problems and ideas and tells the other one what to do. Being like this all of the time, in what ever the story it is, always pictures that you would be the small quick one with sharp features. Lennie is the guy that is tall and always does what he is told and has an ill-defined, solid, and powerful body and does not know his own strength. Steinbeck describes him as the one with no shape in his face and his body. Lennie drags his feet when he walks and acts like an animal. In the descriptions of these two men their appearance is completely different. George dresses neat and tidy, while Lennie dresses very scruffy. Just by the description of George and Lennie, you can clearly see that Lennie is the child out of the two men, as you can tell how he talks and acts around George and throughout the whole book. Being a man Lennie lacks a lot of language, which I think that he never attended a lot of school. Examples look George, look what I done! this is immature language. This kind of behaviour makes George the father type figure, so he would be the defender. John Steinbeck relates to Lennie, in the theme of nature, by describing his walk, and some of the things he does in relation to the animals like the way he drinks from the lake as Steinbeck describes him as a horse that puts its whole head into the water and slurps. This links in to the theme of natures, because of the use of animal descriptions that Steinbeck uses throughout the book, which is very important to this novel because in the beginning of the book, Nature was introduced straight away. Steinbecks describes the surroundings in such detail, that he uses a whole page to describe the forest (which is in the beginning of the book) which gives the readers a good imaginative view of what Steinbeck is writing. George and Lennie have an abnormal relationship. They are two friends, one needs the other more .George often gets very frustrated towards Lennie, which also shows that George cares. George loves Lennie very much and will always be a friend to him and so does Lennie. Lennie could not live without him because George does everything for him. Between George and Lennie, George is the one that is mainly in control, he cooks, finds them jobs finds them a place to sleep and because of this, they always travel together, where one goes, the other one follows like a duck and her ducklings. George travels with Lennie because Lennie would not be able to survive on his own. These two men share the same dreams but George knows in reality, it is not going to happen. Later on in the story Candy has now been introduced to the book as the old swapper. He is tall, stooped shoulders and has white whiskers. When you first see him, he is very friendly, although he is a little weary of newcomers. His only friend is his dog that he has had since he was a little boy which symbolises that he is very lonely which refers to the theme of loneliness. When he gets to know people, he begins to trust them; he opens up and strikes a conversation with his new friends just as he did with Lennie. A little further on in the story as they become very close together and even share each others dream. In the future he looses both his dog and Lennie and cant really prevent Lennies death but tries to prevent his dogs death, but this fails. This shatters Candys dreams because he cannot share his dream with his long companion. In Chapter 4, Crooks is introduced. He is the only coloured (black) person on the ranch and this is where the theme of loneliness comes into play. Crooks is a stable buck. He has a crooked spine, and his eyes lay deep in his head, he is lined with deep black wrinkles and has thin tightened lips. Again relating to the theme of loneliness, Crooks lives by himself in a shed because he is the only Black man, this is why he can afford to leave all of his belongings lying around. He has got his own collection of items like books, shoes and his own copy for the California civil code which indicates that he knows his rights and does not want to be taken advantage of. Eventually Crooks and Lennie are talking about if Lennie could live without George and about crooks childhood explaining why his father never let him play with other kids and why he is so lonely. When he is speaking with Lennie about his childhood, he is speaking like it is still happening or it has recently happened. This is a very similar story to his life at that present time. Being the only coloured man, Crooks is treated as an outcast, as racism was very high in those days which forces him to spend his time reading while the others are playing card games. Crooks become very bitter due to the fact that everyone ill treats him which makes him feel hurt. In the next chapter Curley is introduced to the story. He is the bosss son, he has a wife, she has dark hair that reaches down to her shoulders, her eyes are quiet close together and has pink small lips with very pale skin. The book does not mention anything about her name which suggests that she does not know who her parents are and does not have an identity. She behaves like she is not Curleys wife and that she is single so she flirts with a lot of the men behind Curlys back. She would say things like now that were alone what do you want to do. To try and tempt the man. In doing this, all the men try as hard as they can to stay away from her because they know that she is trouble and know how Curley feels about his wife. Curleys wife does this because she wants attention, again, related to the theme of loneliness. All the farmers speak really bad of her because of her being flirtatious they also are frightened to talk to her because they fear Curley, and he would think that something is going on; plus he has the authority to get them fired or to shoot them. She married Curly to get some sort of status and to have an identity but she never liked him anyway. When she describes her life on the ranch, she says that her life is boring, that no one pays any attention to her and that she gets treated like a little girl. Curleys wife often dreams about herself becoming an actress. At the end of the novel, her loneliness causes Lennies death. Before Lennies death, Curleys wife and Lennie were talking in the barn whilst everyone else was playing games. They began talking to each other about each others dreams. They both talked about each others dreams and what they wanted to do in their life. Lennie has a fascination of stroking things. He was stroking Curleys wifes hair, he began to stroke her hair so hard, that he lost control and broke her neck. This has a big impact on George, Lennie and Candys relationship, as Curley wants to kill Lennie. As a result to this, George has to kill Lennie before he gets killed by Curly. Loneliness will always end in tragedy and dreams will rarely become reality. True Friendship never ends.

Procrastination :: essays research papers

Procrastination What does procrastination mean? Is it the stereotypical meaning of laziness? And this word, â€Å"procrastinate† has over time become derogatory and insulting. It has also been applied to the newest generation of the world. I have heard many comments from older folks that, â€Å"those teenagers are so lazy, they wait till the last minute to do anything.† But as Dennis Sell comments in the teenager’s defense, â€Å"It isn’t procrastination if you intend to do it.† I hope that this doesn’t become a question on the future resume. â€Å"Do you procrastinate, please check yes or no.† A wonderful lot of people would be out of the job; very talented people that just have a time trying to become â€Å"perfect.† Procrastination is a way of life and a person has to be good at it to play the â€Å"lazy† game.   Ã‚  Ã‚  Ã‚  Ã‚  What does procrastination really mean? I’ve adopted a quote that now guides my everyday life; â€Å"My work is best when I am under pressure.† Most of my better essays are written in the ten minutes I have before my next class period when it’s due. Sorry Mr. Bush and Mrs. Swafford, and any other teacher that have been subjected to my messy rushed handwriting (not that Mr. Bush minds, I’m still failing his class. And his e-mail address is†¦ just kidding). Procrastination is character building. The rare few who can handle the pressure often have rushed lives, or many deadlines, whichever applies, but the point is that they can handle the pressure that procrastination gives and they come on top. My father designs computer boards and his superiors are often changing what they want the board to do, but my dad can handle those people and their strict deadlines that are ludicrous because of the little time given. But because he procrastin ated in high school, he knows what to do and how to control himself in these situations. He hasn’t thrown himself off a cliff yet after about ten years of the strenuous work, that has to count for something.   Ã‚  Ã‚  Ã‚  Ã‚  Procrastination is like many other things. It has its good and bad points, just like eating. A person must eat to live, but it makes people gain weight and there is a surplus of obese people in our nation, yet is also saves many lives a day like in Ethiopia. Procrastination can make or break a person. One can either handle the pressure or the person breaks completely.