The financial crisis revealed severe shortcomings in corporate governance. When most needed, existing standards failed to provide the checks and balances that companies need in order to cultivate sound business practices The Organisation for Economic Co-operation and Development (OECD).
1. Discuss this statement with reference to the findings of :
The Regling & Watson report
2. The Report to the Minister for Finance by the Governor of the Central Bank entitled The Irish Banking Crisis Regulatory and Financial Stability Report 2003-2008
3. The Nyberg Report of March 2011.
2. Identify and discuss any Ethical and Corporate Social Responsibility issues revealed by the reports, which need to be addressed, to ensure the proper Governance of institutions within the banking system. Using this reports to understand what went wrong and where Corporate Governance got lost, as well as talk about the 9 Principles Like: Principle Based system; Rules based system etc. ( attached in files)
3. Part B. Discuss the most significat changes the has been done to imporove the Croporate Governance
- The Importance of Considering the Level of Protection Desired When Determining Spare Part Quantities
- The Impact of Electronic Data Interchange (EDI)/Electronic Commerce (EC) on Logistics and System Support
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