Thursday, December 26, 2019

Inside Toyland - 1266 Words

Inside Toyland, written by Christine L. Williams, is a look into toy stores and the race, class, and gender issues. Williams worked about six weeks at two toy stores, Diamond Toys and Toy Warehouse, long enough to be able to detect patterns in store operations and the interactions between the workers and the costumers. She wanted to attempt to describe and analyze the rules that govern giant toy stores. Her main goal was to understand how shopping was socially organized and how it might be transformed to enhance the lives of workers. During the twentieth century, toy stores became bigger and helped suburbanization and deregulation. Specialty toy stores existed but sold mainly to adults, not to children. Men used to be the workers at toy†¦show more content†¦In line at Toy Warehouse, White women will often display there impatience at having to wait in line by rolling their eyes at other White people trying to see a sign of recognition that he service they were receiving was i nferior because most of the cashiers were African-American women. Another example of White privilege was when an African-American manager was training Williams and customers were getting irritated. They elbowed themselves up to the counter and told Williams to call someone else up to the register. When Williams told them that she was the one being trained, the women seemed embarrassed by their presumption. Male privilege was also a problem. At Diamond Toys when men would come into the store to shop, they expected everyone to help them at the drop of a hat. One man got angry because they could not find the upc code for a Barney sippy cup and made Williams call the store director and he told both of them what he thought of store operations. He then threatened to write up a critique and submit it to a business journal for publication unless they sold him the sippy cup. Other men did things that they were told not to, like use the phone and others still would bring in lists and expect t he workers to go get the toys for him like at Toy Warehouse. Inside Toyland tells us about the power in our society by showing us who has the buying power. White middle to upper class White people have the power and that is who shapes what goesShow MoreRelatedInside Toyland by Christine L. Williams Essay1262 Words   |  6 PagesInside Toyland, written by Christine L. Williams, is a look into toy stores and the race, class, and gender issues. Williams worked about six weeks at two toy stores, Diamond Toys and Toy Warehouse, long enough to be able to detect patterns in store operations and the interactions between the workers and the costumers. She wanted to attempt to describe and analyze the rules that govern giant toy stores. Her main goal was to understand how shopping was socially organized and how it might be transformedRead MoreAnalysis Of The Article Geeks On The World s Biggest Startup By Brendan Koerner Essay860 Words   |  4 PagesAfter reading the article â€Å"Geek s in Toyland† by Brendan Koerner, I realized the importance of organizational culture to connect the customers to the company. This article talks about the corporate culture and leadership style of Soren Lund (Mindstorms product director). He was asked to come up with a new version which is not a ‘slightly improved’ model, but to create something completely different. Each company has their own corporate culture. During my research, I came across a similar article thatRead More Ordeal by Cheque: The life of Jr Essay2999 Words   |  12 Pagesnothing to worry about. Still, the parents worried, because parents can tell. Jr, as everyone called him, was very quiet as a baby and never had big reactions to things. Everyone said he was just quiet. His parent brought him gifts from California Toyland, but they soon figured out that he was happy with just staring at something or handling a small object. When he reached 6, his father enrolled him in Palisades School for bo ys. Jr excelled in all of his classes except art and handwriting. Jr’s 3rdRead More Barbie - A Complex American Icon Essay3507 Words   |  15 Pagesportrayed good mothers as having elegant, spotless homes. To achieve this ideal, women spent most of their â€Å"free time† doing housework. Douglas explains that â€Å"women like my mother were in an untenable position. They worked all the time, yet their work inside and outside the home was taken for granted and poorly valued.†13 Douglas continues tracing this pattern of mixed messages using such varied examples as Police Woman, which featured a woman as a cop who always needed to be rescued by her male counterpartsRead MoreToy Retailing in India7399 Words   |  30 Pagesyour neighbourhood) 9) How would you decide( keeping what factors in mind ) the location of a store in a particular mall? References 7. DSN Retailing Today, Feb 2004 8. DSN Retailing Today, Sep 2004 9. Inside Toyland – Working, Shopping and Social Inequality, Christine L. Williams 10. Why People Buy Things They Don’t Need, Pamela N. Danzinger 11. The battle in India s toy market, Jan 2006, Rediff News 12. Business Line, Jun 2008

Wednesday, December 18, 2019

Cell Phone Evolution Good and Bad - 1252 Words

Cell Phone Evolution: Good and Bad Since the beginning of the industrial revolution, the world has become a smaller and faster place. The time used to travel to far distances has decreased. The growth of new technologies, traveling and communicating has become simple daily tasks for many people. Through the growth of global communication, people have become closer to others across the globe, and business has gone world wide. One invention that came along with the technological revolution is the Cell Phone. Cell phones allow us to be reachable anywhere at anytime, letting us communicate even while traveling. As time becomes more valuable for people, the importance of accessibility to communication also increases. As with many things, new†¦show more content†¦When I report to work I get issued a cell phone and my patient assignment. We still have a little ways to go to catch up with the other countries but we are closing ground fast. All the new phones and headsets have brought all concern about possible medical problems. New reports continue to come in and are displayed all over the internet of the possibility of cell phones being linked to brain tumors. It is true that cell phones have electromagnetic radiation. A major study carried by scientists in Finland discovered that radiation that comes from cell phones cause activity in human cells in a laboratory (Laurier). They further state that these changes could weaken the functioning of the brains protective shield against harmful substances. These changes damaged the blood-brain barrier which protects the brain from harmful substances. An Australian study has linked cell phones to higher rate of brain cancer. A Swedish study suggests that using a mobile phone for more that 15 minutes could lead to headaches and fatigue. The European countries use Specific Absorption Rate (SAR) to detect how much radiation is given off. (Attached are SAR levels for US p hones) Nokia has taken lead and patent for a shield layer between the antenna and the user to reduce the irradiation. The US has a different outlook on cell phones. The Federal Communications Commission agrees with the National Radiological ProtectionShow MoreRelatedTechnology and Social Changes1225 Words   |  5 PagesTechnology and Social Change Veronica Garcia February 22,2016 SOC/100 Lynn Ma Technology and Social Change Technology is the scientific knowledge of making tools in order t solve problems that are very specific. Automobiles, airplanes, cell phones, computers and the radio are examples of technological advances. These advancements have helped revolutionize the way people interact, meet, and conduct business. The increase of technology provides an influx of storage and retrieval, and in returnRead MoreCellphones and effects on society1268 Words   |  6 Pagesadvances every day and surely cellular phones are revolutionizing the XXI Century. New mobile devices contain most of the functions of a computer, better known as smart phones. They also give you the opportunity to stay in touch with whom you wish to and also you can take pictures, listen to music, and most significantly, it connects you with the rest of the world through the network. But have you ever stopped and think, how much time you spend using your phone, and how so often you check it? And withoutRead MoreMobile Technology Is An Imperative Industry Today1188 Words   |  5 PagesEvery aspect of ordinary life in developed countries depends on cell phones: the freedom to change social plans on a whim, relying on GPS (Global Positioning System) to navigate people to unfamiliar destinations, and most of all raising productivity expectations to a staggering standard. Its invention came about to serve specific communication purposes; the initial pioneers in this field underestimated the massive impact, good and bad, mobile technology would have on society leading into the 21stRead MoreEssay about Society Is Over Reliant On Technology600 Words   |  3 PagesBlackberry or any kind of smart phone has the opportunity to look up any question they have, from simply typing in a related phrase into a search engine. Any time of day, provided there is service; Information is readily available. Technology has grown at an alarming rate; with smart cars, cells phones, computers that can operate with just the use of y our eyes. It is an extraordinary leap from the cave man era but, it’s been said too much of a good thing can be bad. As we become slaves to technologyRead MoreEffects of Technology925 Words   |  4 Pageslives. As new generations develop, new technological devices continue to develop as well. Some believe that technology has had a good impact in our lives like Richard Woods. Others like me believe that technology brings a lot of negative effects to our personal and social lives as Sarah Kershaw mentions. We now depend on technology, which affects us and causes us to get bad habits. Technology has caused addiction to the internet, depression, isolation, anxiety, loss of job, marital difficulties andRead MoreHow Technology has Changed Our Lives1374 Words   |  5 PagesToday there are kids getting cell phones, laptops, iPads, etc†¦ that thirty years ago it was new technology and that it was for business use. In the last ten or so years cell phones have become very popul ar and a norm. Cell phones have made it easier for people to be and stay in contact with each other rather than have a land line phone. With cell phones becoming more and more popular, there will be issues that will have to be fixed or solutions to help prevent anything bad to happen. One issue thatRead MoreVideo Games And Its Effects On Society1632 Words   |  7 Pageseither in favour of the advancement in technology or some are against its progression arguing that people have become too reliant. Cellphones are one of the main forms of technology that people talk about most, questioning whether they are a good thing or bad. Many people are also concerned with the advancement in video games, worrying that video games are the cause of crime and violence. What hasn’t been talked about much is the progression in cloning and the growing of human organs in pigs, whetherRead MoreMobile Phones And Its Impact On Our Lives Today951 Words   |  4 Pages they come with security risk s. Let’s look at them shall we? Cell phones today, having once been simple mobile phones that we can carry in our pockets, have long since evolved into full-fledged touch screen computers that we take with us everywhere. But the modern smart phones of today share one define characteristic with their ancestors, and that is that they are portable. This singular characteristic is in large part why cell phones have become so prevalent in today’s society. Whereas once uponRead MoreAre We Becoming Technological Zombies?1548 Words   |  7 PagesAccording to the scholarly article Information Technology within Society’s Evolution: Society is based on communications, this means that every huge change that humanity has experienced derives from a technological discovery related to communications. Language and writing as the first communication techniques, have been followed by a series of technologies, such as printing, telephone, radio, television internet and cell phones, which are nowadays smarter than ever. (Rodriguez, Busco, Flores 70).Read MoreSocial Media s Grip On Society941 Words   |  4 Pagesnot been around forever. In fact, even more surprising is the realization that people did not really even have or use cell phones almost twenty years ago, and in those days cell phones were only used for calling. We have come a long way. Now, the whole world is in the palm of our hands, or in our cars, or on our wrists. Possibly the greatest thing to come out of this drastic evolution is social media. Social media is where everyone can keep up with family, check in with friends, and share their big

Tuesday, December 10, 2019

Governance in Globalisation World Process of Political System

Question: Describe about the Governance in Globalisation World for Process of Political System. Answer: Introduction: The long process of globalisation has been strictly associated with the process of an international political system. It has been observed that the first explanation interprets globalisation as an expansion of Europe and the other most powerful states. According to the opinion of Claessens and Fan (2011), the political unification of the world is the product of the exportation of the rules and regulations of the European states system to the whole planet. The wide-ranging presentation of the process of expansion of the European International Society has been transformed to the Asian country. The notion of globalisation is completely different and independent for the different conditions. Considering the opinion of Genberg (2016), the corporate governance can be a high agenda issue in the different leading countries. Thus, it needs improvement and transparency for both the financial and the non-financial information. The corporate governance is a set of legal implications that provide guiding principle to the company in a controlled and directed approach. The corporate governance is required to fulfil the goals and objectives in a way that append to the value of the enterprise. The financial investors considered as a significant fraction of the equity in the European and Asian companies. The investors often described as fleeting and myopic owners with no incentives for involving into the ascendancy. Such financial institutes potentially assess the monitoring and fining of managerial discretion. However, Claessens and Fan (2011) argued that the institutional contribution in corporate governance is bound to be reflexive either due to uneven or transitory ownership. The involvement of the financial investors in corporate governance has an undeviating tolerance on the agency costs resulted from the severance of tenure and control. The study will show how the institutional investors are influentially handling the formulation of the corporate governance of the companies. The current study attempts to evaluate the contemporary governance practices and the associated issues. The issues like Do you think there is a role to be played by institutional investors in corporate governance? Discuss concerning two corporate governance systems i.e. Anglo, Continental Europe and Asia has been chosen to conduct the study. In the context of the current scenario, the two governance system such as Continental Europe and Asia has been considered to evaluate the contemporary corporate governance practices. Contemporary international context of the issue: Institutional investors contribute as active participation in formulating the business governance of the companies. Many influential factors decide the extent of vigorous contribution by the financial investors. Well oriented corporate governance is a function of substantial shareholding and offers an effective legal fortification (www.adb.org, 2016). There is a shared association between the collective management of companies and the institutional investors. The world bank projected a rigid structure for corporate governance where the investors have the incentives for participating in various processes (europa.eu, 2016). The procedures include taking part in ethical decision making aspects, transparency, appraisal and evaluation of the companies. A subsequent survey showed that institutional investors paid and participated at an average of 20-27% in the companies of Asian countries and 18-22% in Europe. Majorly, the institutional shareholders do not play a proactive function in sell ing the shares of the company. Besides, such participation may lead to a drop in the stock prices, which affect the marketplace. Considering the opinion of Bianchi (2014), the dissatisfaction of the investors with the board can allow the investors to either exit or voice the issues and restrain the dissatisfaction. The shareholders also have the power to sell the part due to dissatisfaction. Although, selling the shareholding is not viable for most of the investors due to the policy of holding an actual portfolio. The investor's possibility to exert the important control on the companies has an obvious implication for corporate governance (corporategovernanceasia.info, 2012). The implications are concerning maintaining the standards of the corporate governance and issues apprehensive with enforcement. The Combined Code (2006) principles stated some aspects concerning the role of investors in corporate governance. These are stated as follows:- Discourse with companies The institutional investors could have a particular dialogue session with the management of the businesses to build a clarification in the organisational objectives. Assessment of governance revelation While analysing the companies' governance arrangements, especially the measures of board structure and symphony, the investors need to give importance to all the aspects. This process is done to draw the attention towards all the factors that might create a problem in future. The voting power of the investors The institutional shareholders have an important responsibility of making a judicious use of the ballot rights. The extent to which investors hold power in corporate governance depends on upon the number of shares the investors possess. The International Finance Corporation (IFC) started a corporate governance program in Asia and Europe to build a role framework for the institutional investors (www.oecd.org, 2011). The program made on IFC's work in the field of corporate governance in Caucasus, Central Asia, Russian Federation, Southern Europe and Ukraine. Within Europe's and Asia's private sector, there is a broad range of legal forms that exists in organisations. Each of the industries faces different problems on such regulations. Thus, specific codes are assigned to each of the industries to adopt the best practices of the corporate governance (Filatotchev, 2007). In Europe and Asia, there is a significant difference between investor ownership pattern and engagement practices. The difference exists in the field of share concentration, share ownership patterns, control-augment mechanisms and the extent of investor's activities. The concentrated ownership has great and positive implications. According to Genberg (2016), the control of shareholders is keener to implement a long-term attitude compared to other investors. The shareholders can insulate the company from the adverse effects of fluctuations in share market and the monetary cycles. The reports show that in some of the Asian companies, the investors do not use the rights properly. The activism of the investors in Asia is comparatively small, which reflect that there is a lack of improvement in corporate governance. As per the opinion of Gui (2015), the institutional investors always demand superior transparency and accountability. The investors if play a proactive role, then can become a significant part of the rating of corporate governance. This activity could raise the standards of such management. According to the drafts paper of World Bank, the investors consciously place the welfare of the beneficiaries against the interests of managers and CEO. The investors most of the time act in a way that best serves the interests of the company's shareholders. The financial institutions can help a company in formulating good corporate governance in the following ways:- Enhance the operational performance, competence and profitability Establish a long-term value that can grow in a sustainable way. Develop and implement the various corporate strategies and can provide a meaningful direction. Ascertain clear roles and responsibilities along with the accountabilities. Forecast and handle the risks in venturing into a new deal. The investors can exert a pull on an enormous amount of capital and afford investments. Assist in developing business partners. Construct and help to maintain the reputation and trust. The supremacy of the institutional investors, which are cited above cannot be avoided, and the influence that the investors yield is enormous. These investors can somehow get diversification in the views by the effect of other investment institutions. The insurance companies and other pension funds constitute the large institutional investors that belong to two or more envoy bodies. These bodies act as a professional group who voice on the views about the issues. According to the opinion of Jhunjhunwala (2016), it is feasible for the institutional investors to take a combined action against the face of poor corporate performance. Many pieces of evidence show that the involvement of the financial institutes has increased over the last few decades. The involvement rises in respond to the stress from many companies for institutions to play a more vigorous role. The financial institutes show reluctant towards the organisations only when there is a real verification of collapse. The corpo rate governance is, however, significantly subjective by the legal systems of the important countries. Thus, the institutional investors dynamically engage in formulating the corporate governance is fully based on the legal implications of the country in which the company exists. Corporate governance knowledge, practice and theories A master in Corporate Governance intends to provide knowledge about planning, implementation and follow-up of corporate practices and the strategies. This process helps the business unit to learn the ethical practices and the other operational techniques to achieve the higher standards of corporate behaviour. In the opinion of Bianchi (2014), there are two factors which can be helpful to drive the trends that are regulation and market forces. The European law and the corporate governance of the country are going forward above the prospect. The corporate governance models in Europe contain an explicit knowledge regarding the practices of corporate governance in Europe. Adding to this, the explicit knowledge of the European government offers a great potential to preserve the value of creation and the other reliability constraints. Considering the view of Attig et al. (2009), the knowledge of the corporate governance has helped to develop the European Convergence model to formulate a va luable integration. Thus, the multinational corporations (MNCs) of European country have major forces in the global financial system (www.europa.eu, 2016). It has been observed that the extraordinary growth of the institutional investors in Europe has mandated the pension commitments which would be fully funded by the segregated pools of assets. According to the opinion of Genberg (2016), in December 2012, the European Commission introduced an Action Plan that unites both the corporate law and the corporate governance. Adding to this, the European Court of Justices case law has a far impact on the free movement of the different corporations in the European Union. In the Asian country, there are a large number of institutional investors currently operating in the different countries (www.corporategovernanceasia.info, 2016). It has been speculated that the corporate governance has also facilitated to increase the actions in the context of the business operation. The Organisation for Economic Co-operation and Development in Asian countries is determining the corporate governance practices. The OECD principles followed in the Asian countrie s bounded to decide the operational activity in terms of business development and growth. According to the view of Cheung and Chan (2014), in Asian countries, the corporate governance of the majority of the organisation is directly governed by the clause 49 and the listing agreements. For an example, the SEBI and the Ministry of Company Affairs are governed the corporate governance of most of the Indian organisations (www.adb.org, 2016). The Companies Act is the other regulation of practices followed by the Asian organisation to protect the shareholder value. The corporate governance frameworks are elaborated from the legal, regulatory and institutional environments of a large economic context. It has been identified that the European Corporate Governance models have a big separation between the ownership and the organisation control. For an example, Khan (2006) mentioned that the set of legal sets and the set of corporate finance is completely different from the set of rules and regulations. In the European market, the corporate governance of different organisation has incorporated a common set of policies and the procedures. According to the opinion of Li et al. (2006), The European Commission has modernised the company law and enhance the corporate governance in the European Union Plan. Furthermore, the substantial direct investment in foreign countries and the deeper integration of the EU has preserved a passive financial portfolio. The single market compels European management is located in the different countries to embrace the mark et and all the multiple strategic options. As per the view of Mallin (2008), the recent theory in corporate governance states that the corporation has to internalise the market in the case of transactional market failure. It has been found that this technique would be helpful to retain the monopolistic advantages of the business in across the international borders. In this current context, Filatotchev et al. (2007) cited that the regional concentar4tion of sales starts from MNCs both in the Asian and European countries. As per the microeconomic theory, the firm is a boundary with internationalised exchanges. The aims of the microeconomic theory are to penetrate the business into a larger business environment. This helps lead the market corporations and the other interactional operations. According to the opinion of Alattom et al. (2013), the advantages of the microeconomic theory is that it helps corporate governance of Europe and Asia to establish the strongest advocates of the sta ndardised market strategies. Depending on the strategy of the corporate governance, it can be inferred that the corporations usually achieves the benefits from the different social, economical and the other regulatory business environments. Adding to this, the Foreign Institutional Investors have the right to vote while taking the organisational decisions. According to the view of Attig et al. (2009), the institutional investors have the similar equitable treatment like the shareholder to take part in the organisational decisions making an approach. The Board of Directors and the Audit Committee has conducted to take the financial decisions in the Asian country. In the addition, it has been observed that the Institutional Investors of the both continents are currently involved in the proactive role to maintain the value of the corporate governance. Considering the opinion of Bianchi (2014), the fiasco has been avoided with an effective institutional investor activism for upholding the values of the corporate governance. As per the report of World Banks Draft paper, the institutional investors have to consciously put the interests of the recipient before the interests of the Assistant Managers and the Chief Executive Off icers (CEO), etc. Moreover, the personnel have to act in a proper way which would be best serves the interests of the organisational shareholders. Recent Government, business, industry and organisational example The companies of European and Asian countries require a panel of directors in formulating the corporate governance along with the institutional investors. The institutional investors manage a huge part of the wealth that range from a capital stock, which is equal to 81% of GDP in Germany to 191% in the US and UK (John et al. 2016). From the reports, it is visible that there is a European Investment Bank (EIB), which is jointly working with the European government. This bank provides loans to the European companies and assists in the various growth and developmental activities. The main aim of this bank is to increase the employment opportunities which results in the growth of the country. This bank also wants to incorporate the companies of other nations to promote the EU policies. Similarly, the Asian Development Bank (ADB) also provides technical support to the companies of developing member countries. The EIB and ADB provide 90% of loans to the companies within the territories. Th e banks borrow money on the capital marketplace and lend to the countries on some rigid and favourable terms. These requirements are based on the stated objectives of the banks or other financial institutes. From the survey of Khan (2006), there is a change in the orientation of investor's values in formulating the corporate governance in some European car companies. The reduced value of such investors resulted in the fallen prices of shares of the companies. The EIB lends to the companies of all sizes. The role of the bank is very constructive in developing various aspects of the companies. The aspects include providing advice and technical assistance to the clients for maximisation of the values of money. Both the banks take part in decision making processes along with the board of directors of the managements. According to LI (2006), these banks keep a close eye in the performances of the client companies by employing a special audit committee. The financial institutions demand promotional aspects from the companies. For public or government organisations, the financial institutes of Europe and Asia provide easy loans. The banks do not show much involvement in corporate governance in the case of well- developed business plan. The public organisations provide sufficient information to the bank regarding the day to day operations. Considering the example of China Securities Regulatory Commission (CSRC) collectively with other significant agencies and ministries have attained a primary body of work. The enterprise has also taken it through the process of the extensive conference and inter-agency drafting. The OECD in the China regions has managed to consider the above aspect to be an important achievement. According to Brennan (2010), the tangible sign of Chinas obligation to the excellence and the testimony towards its readiness has been improved with the modernization of the regions capital markets and the corporate governance practices. Considering the scenario of the financial institutes, it could be inferred that the financial institutes prefer contributing to the start-up brands to increase the market presently. However, the financial institutes are highly devoted towards the sound-full set of the organisation. The institutions are taking the details of the internal system and the functional structure (Ch and Zimmerli, 2007). Since, certain percentages of the brands are just focusing on generating the profit margin and emphasise limited importance to the ethical measures. The institutions hardly prefer to contribute ant kinds of support to the specific set of enterprises. As per the report of World Bank, the Companies of the Continental European and Asian countries have managed a huge part of the wealth in terms of capital stock. As per the report, the GDP ratio in Germany is 81% and 191% in across the UK. The corporate practices of the countries are influenced by the different legal system developed in the respective countries and the organisations. According to the opinion of Alattom et al. (2013), the countries which have economically independent trends can adopt a standardised corporate governance practices for the betterment of the organisation. It has been identified that the corporate governance practices can also facilitate for fair and transparent business practices. For an instance, Genberg (2016) cited that Indian firms are best amongst the world in terms of keeping good corporate governance. The incident of Satyam, an Indian IT firm is one of the most recent examples of the corporate governance practice. The other firm has takeover Satyam and the corporate governance while a change process had occurred. The institutional investors had also taken a major role to suggest the best option for the case of Satyam (www.oecd.org, 2016). Therefore, it can be inferred that for corporate governance system of the different countries, institutional investors are an integral part of corporate governance. Moreover, the institutional investors have an important role in conducting a better decision making an approach for the benefit of the organisation. Recommendation to improve the corporate governance practice: The effective corporate governance often underpins the organisational condition in the marketplace. In the circumstance of the existing subject, Dellinger (2008) mentioned that the managements of the majority of the Asian region are failing to incorporate effective corporate governance measures, which are leading the brands to lose on the depicted shares in the market. Moreover, due to insufficient governance structure, the enterprises have failed to formulate an effective code of conduct, which reflects on the employee behavioural aspects. The employees are staying in a huge dilemma with regards to the individual work profile. The specific mistake often leads the employees to lose the interest from serving the organisation with efficacy. On the other side, Glover and Kirton (2006) determined that the institutions that are being operated in the Continental European region are failing to introduce the governing structure that helps the employees to create a work-life balance. Therefor e, the employees within the specific enterprise are losing out of the productivity due to the reason of employee fatigueness. Therefore, effective strategic solutions are discussed beneath, which might standout facilitate the enterprises of the specific regions to improve the corporate governance measures. According to French and Strachan (2015), the European Union has adopted the European Commission alternatives, which the boards of the listed enterprises annually confer the internal organisational procedures and also the extent to which the self-assessments have been led to the material changes. The team leaders of the YANG Hua have managed to follow the governmental measures and on the basis of which the incorporation of the standardised policies have been introduced. The past records reflect that the management of the brands has managed to emphasise effectively on the corporate, governmental measures. This has assisted the enterprise to increase its performance measures (Crisan and Borza, 2012). The appointment of the board of members has been made effectively, which directed the enterprises to increase the measures b to incorporate the risks within the organisational culture. Therefore, the particular enterprise has managed to explore on different experiments. The specific aspect has helped the organisation to increase its employee expertise and increasing the productivity by cutting show on the monotony. Increasing the diversity The research done by the previous researchers signify that the corporate boards of the European region suffer from the lack of diversities. In the framework of the current subject matter, Finnegan (2012) mentioned that Corporate boards suffer from a serious lack of diversity. The statistics of 2008 reflects that the board symphony of Fortune 100 enterprises has been approximated with 71% of the white men and 29 % of women considering the minorities. According to the perception of Mahoney et al. (2010), Women segment has managed to make up only 16 % of the directors of the Fortune 500 enterprises. The above scenario specifically signifies on the lack of diversity that has been pervasive despite the existence of the studies that reflects on several concepts to present that diversity within the work culture tends to improve its performance. Moreover, the studies conducted by the Credit-Suisse reports that the organisations of the other regions are embracing the concept of diversity within the work culture. Seekins (2006) determined that specifically, the work culture of China is promoting the workplace diversity to utilise the talents from every possible corner. The previous records reflect that the enterprise with more women culture has tended to increase the productivity by 4% than the brands that have stayed back with the traditional concept. Moreover, the brands with the diversified cultural background often tend to incur indifferent and creative thoughts in the market. The service lines of the enterprises have changed to a huge level, which has not only increased its external services but also on the individual behaviours with the peers. Appointing the competent board of directors In the opinion of Shaw (2006), an inference can be drawn that the Nominating Committee needs to devote sufficient time to appoint the board members that have adequate knowledge and skills to assist the board. According to Moon and Siegel (2008), the technical knowledge should never be the primary criteria of appointing the members. The members have the exclusive responsibilities of formulating the functional and the operational criteria that set a standardised performance of the organisation. Furthermore, the candidate that comes for the board interview should also be evaluated on its interpersonal skills. Since, the board interactions and relationships are highly significant to the overall board based performance. Therefore, the interpersonal skills would be highly required to judge on the communication type of the individual. Moreover, the candidate needs to have lucrative communication skills that automatically would be sufficient enough o persuade the line managers with the added roles Surety of the timely information Timely information leads to result in the better decision-making process. Considering the specific content of the subject matter, Kaupins and Park (2010) inferred that thesenior management is highly necessitated to provide the timely information to ensure the effective board supervision and direction simultaneously. Moreover,the Board members, should not be inundated with the information. The previous researches conducted by the scholars reflect that there needs to be a balance that is supposed to be achieved between necessary and irrelevant information (Cushway, 2015). The interactions between the senior managers and the board of members are complex to ensure the fact that the sufficient information is provided to the board. In case the board member requests for the information, the senior managers is supposed to respond promptly to the request. The surety of the timely information is effectively important that leads to increasing the efficacy of the board members. Thus, the members can easily understand the importance of the aspects that demands the attention. Based on which the instruction and the decisions regarding the process would be formulated. Prioritisation of risk management Considering the opinion of Editors and Filho (2009), it has been assessed that the board needs to establish an effectual system of the risk oversight and management purpose.The concept of Risk is not restricted to the compliance risks aspects. It has been considered as the broader term that tends to incorporate all the risks factors to the company, for example, the financial risks, cyber-security global warming, and other risks outside that include the compliances with different law and policy requirements. According to the statement of Moon and Siegel (2008), effective risk administration tends to improve the decision-making process andincorporates the cost-benefit policies to highlight the risk-reward decisions. Evaluation of the board performance Board of members needs to have a preference of examining the individual strengths and weaknesses. On the regular basis, the board needs to conduct a self-evaluation procedure, which involves the performances of the different directors. The assessment process needs to be used to recognise the weaknesses of the board performance and adopting the reforms that are necessitated to improve board performance (Moon and Siegel, 2008). The evaluation needs to on the board, which cut across the entire issues and personnel. The specific criteria also involve the interaction of the senior management with board members. Conclusion: The primary assertion of the study indicates that corporate governance is an essential component for every country to maintain a balanced structure of the corporate governance. While conducting the study, the role of institutional investors has been analysed. It has been identified that the role of the institutional investors is the primary disclosure where the people have faith in the funds. There has been an ongoing debate for the investor activism that can be better or worse. In the addition, it has been found that the institutional investors have to play a significant role in improving the corporate governance practices. The corporate governance of the different organisation has imposed the requisite expertise to monitor the organisational, operational activity. Furthermore, the institutional investors can also divert the main business into the large business unit. The various considerations have been analysed in the study to decide the active parts of the institutional investors. The current study has forecasted that the institutional investors have the equal right to take part in the organisational decision making an approach. Additionally, the current study is completely conducted by involving the different corporate governance affairs of the Continental Europe and Asia. Finally, the outcome of the current issue is that the institutional investors in corporate governance can perform better monitoring and the better corporate governance practices. Hence, it can be inferred that the institutional investors are the most integral part in the corporate governance practices and the other legal system of the different originations of the Continental Europe and Asia. References: Adbadmin and Bank, A.D. (2016) Business opportunities. 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Monday, December 2, 2019

The Detrimental Effects In Changing The Rent Control Act Essays (390 w

The Detrimental Effects in Changing the Rent Control Act In a just society, the ruling authority must decide what is right when allocating wealth to its individual citizens. The same ruling authority does this by intervening with the inner workings of a marketplace to uphold its fundamental values and ideals. The aim of government intervention is to create a just society that will reflect the people's values. Governing bodies do this by establishing laws that enforce fairness or ?equity'. The Ontario government passed the Rent Control Act in 1975. The law levels the playing field between landlords and tenants. New units are exempt from controls for their first five years after which the controls are put into place. The controls put a ceiling on annual rent increases. Under current law, a landlord may only increase a tenants' rent by 2% plus inflation.1 As with all other markets, the housing market is based on supply and demand. If the nature of the market were allowed to take its course, then the price of housing would become unaffordable for most citizens. An unfair situation would be created where power and money would be disproportionately appropriated to land owners. Rent control laws were established by previous governments to protect society and its people from inflated and uncontrollable housing costs. The Harris government now wants to repeal these laws. On June 25 the Minister of Housing, Al Leach, released a policy paper outlining the changes that are to be made to Ontario's rent laws. Conservative legislators plan to pass the proposed ?Tenant Protection Act' in the fall. The omnibus legislation will rescind the Rent Control Act, the Landlord and Tenant Act, the Rental Housing Protection Act, Residents' Rights Act, the Land Lease Statute Amendment Act, the Vital Services Act.2 The most objectionable change allows the act to lift controls off vacant units. The 3.2 million renters in Ontario are very concerned about the changes.3 The housing ministry will accept written submissions from the public until Augus t 30. Public hearings are also planned in hope that they will ease the transition. However, most people are indignant towards the idea. Changing the rent control laws would be detrimental to society as they threaten citizens' positive right to affordable housing, harm their mobility rights and increase the gap between the rich and the poor.