The Two-Tier Board Structure: An apt model for New Zealand?

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Publisher : GRIN Verlag
ISBN 13 : 3638864227
Total Pages : 72 pages
Book Rating : 4.6/5 (388 download)

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Book Synopsis The Two-Tier Board Structure: An apt model for New Zealand? by : Lars Haverkamp

Download or read book The Two-Tier Board Structure: An apt model for New Zealand? written by Lars Haverkamp and published by GRIN Verlag. This book was released on 2007-11-23 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2006 in the subject Law - Comparative Legal Systems, Comparative Law, grade: B, University of Canterbury (Law School), language: English, abstract: In times of global corporate disasters many turn to corporate board structures in order to find solutions. The board of directors is responsible for monitoring the management and is therefore in the focal point of many legal scholars. Current US board structures have proved to fail to provide sufficient supervision. Scandals such as Enron and WorldCom have shuttered especially American but also European legislatures. Highest priority, at present, is to reestablish investors’ faith in the securities market. Corporations are facing reluctant investments or even fearful avoidance of the stock market. Many US scholars see a solution in the adoption of the German two-tier board system and the European Union gives the managements of European Corporations, the Societas Europeas, the possibility to opt for the two-tier-system. In the 1997 Report on the Corporate Governance Movement in France, even the Organization for Economic Co-Operation and Development (OECD) praised the two-tier-system to be superior and more effective in monitoring management than the unitary system, which is in place in the majority of countries, including the United States of America (USA) and New Zealand, at the moment. The two-tier-system is on the rise. France offers an optional adoption for major stock companies and the Netherlands and the Scandinavian countries demand a two-tier structure once a stock company has reached a certain size. New Zealand has not faced similar scandals to Enron. Therefore, some might think that there is no necessity to indulge in a discussion on changing board structures. However, the New Zealand market is highly reliant on international investments and has lately lost ground in the global competition in this regard. The USA and Germany are both undoubtedly global players and, as André puts it, “by virtually any standard ... the world’s largest and most successful economies”. Germany has a large influence on the legislation of the European Union, one of New Zealand’s largest trade partners. Studies have revealed that large international companies impose the two-tier system on French subsidiaries. If this is done in order to maintain more formal control over the subsidiary or to give the subsidiary more flexibility, is irrelevant.

The Two-Tier Board Structure

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Author :
Publisher : GRIN Verlag
ISBN 13 : 364046270X
Total Pages : 77 pages
Book Rating : 4.6/5 (44 download)

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Book Synopsis The Two-Tier Board Structure by : Lars Haverkamp

Download or read book The Two-Tier Board Structure written by Lars Haverkamp and published by GRIN Verlag. This book was released on 2009-11 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2006 in the subject Law - Comparative Legal Systems, Comparative Law, grade: B, University of Canterbury (Law School), 70 entries in the bibliography, language: English, abstract: In times of global corporate disasters many turn to corporate board structures in order to find solutions. The board of directors is responsible for monitoring the management and is therefore in the focal point of many legal scholars. Current US board structures have proved to fail to provide sufficient supervision. Scandals such as Enron and WorldCom have shuttered especially American but also European legislatures. Highest priority, at present, is to reestablish investors' faith in the securities market. Corporations are facing reluctant investments or even fearful avoidance of the stock market. Many US scholars see a solution in the adoption of the German two-tier board system and the European Union gives the managements of European Corporations, the Societas Europeas, the possibility to opt for the two-tier-system. In the 1997 Report on the Corporate Governance Movement in France, even the Organization for Economic Co-Operation and Development (OECD) praised the two-tier-system to be superior and more effective in monitoring management than the unitary system, which is in place in the majority of countries, including the United States of America (USA) and New Zealand, at the moment. The two-tier-system is on the rise. France offers an optional adoption for major stock companies and the Netherlands and the Scandinavian countries demand a two-tier structure once a stock company has reached a certain size. New Zealand has not faced similar scandals to Enron. Therefore, some might think that there is no necessity to indulge in a discussion on changing board structures. However, the New Zealand market is highly reliant on international investments and has lately lost ground in the global competition in this regard. The USA and Germany are both undou

Regions and Powers

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Publisher : Cambridge University Press
ISBN 13 : 9780521891110
Total Pages : 598 pages
Book Rating : 4.8/5 (911 download)

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Book Synopsis Regions and Powers by : Barry Buzan

Download or read book Regions and Powers written by Barry Buzan and published by Cambridge University Press. This book was released on 2003-12-04 with total page 598 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops the idea that since decolonisation, regional patterns of security have become more prominent in international politics. The authors combine an operational theory of regional security with an empirical application across the whole of the international system. Individual chapters cover Africa, the Balkans, CIS Europe, East Asia, EU Europe, the Middle East, North America, South America, and South Asia. The main focus is on the post-Cold War period, but the history of each regional security complex is traced back to its beginnings. By relating the regional dynamics of security to current debates about the global power structure, the authors unfold a distinctive interpretation of post-Cold War international security, avoiding both the extreme oversimplifications of the unipolar view, and the extreme deterritorialisations of many globalist visions of a new world disorder. Their framework brings out the radical diversity of security dynamics in different parts of the world.

Decline of the Corporate Community

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Publisher : Amsterdam University Press
ISBN 13 : 9789053569733
Total Pages : 260 pages
Book Rating : 4.5/5 (697 download)

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Book Synopsis Decline of the Corporate Community by : Eelke M. Heemskerk

Download or read book Decline of the Corporate Community written by Eelke M. Heemskerk and published by Amsterdam University Press. This book was released on 2007 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Traditionally, much of big business in the industrialized Western world has been organized around particular corporate societies—notoriously referred to as “old boy” networks. With the recent drift toward a more liberal market economy, however, these networks have been showing signs of decline—in some cases, all but disappearing. Eelke M. Heemskerk combines formal network analysis and interviews with key members of the corporate elite in order to examine how this decline has affected Dutch capitalism. Even in a liberal market economy, however, corporate directors need social networks to communicate and coordinate their strategic decisions, and Decline of the Corporate Community considers the shift of the corporate elite to the new private and informal circles where networking takes place.

The Three Worlds of Welfare Capitalism

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Publisher : John Wiley & Sons
ISBN 13 : 0745666752
Total Pages : 322 pages
Book Rating : 4.7/5 (456 download)

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Book Synopsis The Three Worlds of Welfare Capitalism by : Gosta Esping-Andersen

Download or read book The Three Worlds of Welfare Capitalism written by Gosta Esping-Andersen and published by John Wiley & Sons. This book was released on 2013-05-29 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Few discussions in modern social science have occupied as much attention as the changing nature of welfare states in western societies. Gosta Esping-Andersen, one of the most distinguished contributors to current debates on this issue, here provides a new analysis of the character and role of welfare states in the functioning of contemporary advanced western societies. Esping-Andersen distinguishes several major types of welfare state, connecting these with variations in the historical development of different western countries. Current economic processes, the author argues, such as those moving towards a post-industrial order, are not shaped by autonomous market forces but by the nature of states and state differences. Fully informed by comparative materials, this book will have great appeal to everyone working on issues of economic development and post-industrialism. Its audience will include students and academics in sociology, economics and politics.

The Dictionary of New Zealand English

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Publisher : Oxford University Press, USA
ISBN 13 :
Total Pages : 988 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis The Dictionary of New Zealand English by : H. W. Orsman

Download or read book The Dictionary of New Zealand English written by H. W. Orsman and published by Oxford University Press, USA. This book was released on 1997 with total page 988 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Dictionary of New Zealand English provides a unique historical record of New Zealand words and phrases, from their earliest use to the present day. The 6,000 main headword entries and 9,300 separate sub-entries provide fascinating insights into New Zealand's diverse linguistic heritage. The definitions are illustrated by 47,000 select quotations arranged in chronological order from the earliest to the latest. The origin of each headword is discussed. The Dictionary of New Zealand English is an essential reference for those interested in New Zealand society, history and culture, and makes an invaluable contribution to the study of the English language worldwide.

Governance and Investment of Public Pension Assets

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Publisher : World Bank Publications
ISBN 13 : 0821384708
Total Pages : 364 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Governance and Investment of Public Pension Assets by : Sudhir Rajkumar

Download or read book Governance and Investment of Public Pension Assets written by Sudhir Rajkumar and published by World Bank Publications. This book was released on 2011 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: And key messages -- Key principles of governance and investment management -- Governance of public pension assets -- Governance structures and accountabilities -- Qualification, selection, and operation of governing bodies -- Operational policies and procedures -- Managing fiscal pressures in defined-benefit schemes -- Policy responses to turbulent financial markets -- Investment of public pension assets -- Defining the investment policy framework for public pension funds -- Managing risk for different cohorts in defined-contribution schemes -- An asset-liability approach to strategic asset allocation for pension funds -- In-house investment versus outsourcing to external investment managers -- International investments and managing the resulting currency risk -- Alternative asset classes and new investment themes.

Country Life

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Publisher :
ISBN 13 :
Total Pages : 700 pages
Book Rating : 4.0/5 (963 download)

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Book Synopsis Country Life by :

Download or read book Country Life written by and published by . This book was released on 1961-07 with total page 700 pages. Available in PDF, EPUB and Kindle. Book excerpt:

CEO Governance and Shareholder Returns

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Publisher :
ISBN 13 : 9781862740747
Total Pages : 25 pages
Book Rating : 4.7/5 (47 download)

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Book Synopsis CEO Governance and Shareholder Returns by : Lex Donaldson

Download or read book CEO Governance and Shareholder Returns written by Lex Donaldson and published by . This book was released on 1990 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Model Railroad Craftsman

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Publisher :
ISBN 13 :
Total Pages : 1574 pages
Book Rating : 4.:/5 (31 download)

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Book Synopsis Model Railroad Craftsman by :

Download or read book Model Railroad Craftsman written by and published by . This book was released on 1986 with total page 1574 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Self-Managing School

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Publisher : Routledge
ISBN 13 : 1135388946
Total Pages : 276 pages
Book Rating : 4.1/5 (353 download)

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Book Synopsis The Self-Managing School by : Brian J. Caldwell

Download or read book The Self-Managing School written by Brian J. Caldwell and published by Routledge. This book was released on 2005-08-04 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1988. Routledge is an imprint of Taylor & Francis, an informa company.

University Governance

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Publisher : Springer Science & Business Media
ISBN 13 : 1402095155
Total Pages : 323 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis University Governance by : Catherine Paradeise

Download or read book University Governance written by Catherine Paradeise and published by Springer Science & Business Media. This book was released on 2009-02-07 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Higher education reforms have been on the agenda of Western European countries for 25 years, trying to deal with self governed professional bureaucracies politically weakened by massification when an emerging common understanding enhanced their role as major actors in knowledge based economies. While university systems are deeply embedded in national settings, the ex post rationale of still on-going reforms is surprisingly uniform and “de-nationalized”. They promote (1) the “organizational turn” of universities, to varying extent substituting collegial loosely coupled entities by “integrated, goal-oriented entities deliberately choosing their own actions (and therefore open to differentiation), that can thus be held responsible for what they do” (2) the diversification of stakeholders, supposedly offering solutions to problems as various as the democratisation of universities, the shrinking of State budget resources and the diversification of university missions offering answers to changes in the making and in the use of science. When it comes to accounting for these reforms, two grand narratives of public management share the floor. NPM implies a strengthening of the capacity of the core State to direct public services organizations through management by objectives and results or contractualization, assessment, evaluation and. “Governance” focuses on “network-based” governance systems, where coordinating power and control are collectively shared between the major ‘social actors or partners’ at all levels of the decision-making system. Our results suggest that all higher education systems under study were more or less transformed according to both these narratives. It is therefore needed to understand how they combine or create contradictions. This leads us to test a third neo-weberian model. This model reaffirms the role of the State, of representative democracy, (central, regional and local), of public law (suitably modernized), preserves the idea of a public service with a distinctive status, culture and terms and conditions. It shifts from an internal orientation to bureaucratic rules towards an external orientation in meeting citizens’ needs and wishes by means of standardization of work processes and their products, based on a distinctive public service and a particular legal order survived as the foundations beneath the various packages of modernizing reforms. This book traces the national dynamics of public policies, organizational design and steering tools in seven European higher education and research systems, using these narratives to interpret and test the actual changes and the degree of national specificities and European convergence. This book is not a sum of national chapters like other presumably comparative. It does not intend to tell once again the story of the transformation of the relationships between the state and universities. It tries to use Higher education system to discuss issues on state intervention and steering and more generally the NPM, governance and neo-weberian models in a specific field. Furthermore, this book intends breaking the walls between specialists in higher education and specialist in public management and research policy. This well rooted division of labour is less that ever justified as the university mission in research (fundamental, applied, strategic) is underscored by commentors and reformers themselves. For that reason, we have chosen to observe the consequences of the dynamics of public policies, organizational design and steering tools on two specific issues related to the development of research training and organizing within universities: the transformation of research funding on the one hand and the expansion of graduate studies and doctoral schools on the other.

Leading the Self-Managing School

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Publisher : Routledge
ISBN 13 : 1135387680
Total Pages : 241 pages
Book Rating : 4.1/5 (353 download)

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Book Synopsis Leading the Self-Managing School by : Brian Caldwell

Download or read book Leading the Self-Managing School written by Brian Caldwell and published by Routledge. This book was released on 1992 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work is a sequel to The Self-Managing Schooland deals with leadership responsibilities on two levels - as head of a school responsible for local management and as a director in a Local Education Authority responsible, in turn, for the.

Billboard

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Publisher :
ISBN 13 :
Total Pages : 116 pages
Book Rating : 4./5 ( download)

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Book Synopsis Billboard by :

Download or read book Billboard written by and published by . This book was released on 1995-05-27 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: In its 114th year, Billboard remains the world's premier weekly music publication and a diverse digital, events, brand, content and data licensing platform. Billboard publishes the most trusted charts and offers unrivaled reporting about the latest music, video, gaming, media, digital and mobile entertainment issues and trends.

Doing Business 2020

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Publisher : World Bank Publications
ISBN 13 : 1464814414
Total Pages : 254 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Doing Business 2020 by : World Bank

Download or read book Doing Business 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-21 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.

The Rotarian

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Publisher :
ISBN 13 :
Total Pages : 460 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis The Rotarian by :

Download or read book The Rotarian written by and published by . This book was released on 1961 with total page 460 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Decentralization and Local Democracy in the World

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Publisher : World Bank Publications
ISBN 13 : 0821377353
Total Pages : 350 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis Decentralization and Local Democracy in the World by : United Cities and Local Governments (UCLG)

Download or read book Decentralization and Local Democracy in the World written by United Cities and Local Governments (UCLG) and published by World Bank Publications. This book was released on 2008-11-04 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Decentralization and Local Democracy in the World' constitutes a global reference on decentralization by presenting the contemporary situation of local governments in all regions of the world. The report analyzes local authorities in each continent under three main themes: the evolution of territorial structures; responsibilities and power, management and finances; and local democracy. An additional chapter is dedicated to the governance of large metropolises, where rapid growth presents major challenges, in particular in the fast-developing countries of the South. This report also offers a comparative overview of the different realities concerning the state of decentralization, and how the basic indispensable mechansims for local democracy do, or do not exist in come countries. Relationships between the state and local authorities are evolving toward innovative forms of cooperation. In this context, the role of local authorities in the development of global policies is increasingly recognized. The first Global Observatory on Local Democracy and Decentralization (GOLD) Report is one of the main products of United Cities and Local Governments (UCLG). The GOLD Report is the first of what will be a triennial publication. UCLG represents and defends the interests of local governments on the world stage, regardless of the size of the communities they serve. Headquartered in Barcelona, the organization's stated mission is: To be the united voice and world advocate of democratic local self-government, promoting its values, objectives and interests, through cooperation between local governments, and within the wider international community.