It's common to hear examples of bad corporate governance. In fact, it's often why companies end up in the news. You rarely hear about companies with good corporate governance because their corporate guiding policies keep them out of trouble. One company that seems to have consistently practiced...
Often, the CEO will also be designated as thecompany's presidentand, therefore, be one of the inside directors on the board (if not the chair). However, it is highly suggested that a company's CEOshould not also be the company's chairto ensure the chair's independence and clear lines ...
Corporate social responsibility (CSR) is a diverse field today. Businesses, employees, and nonprofits alike should understand what it is and how it works.
In traditional governance and incremental governance, corporate policy creates the working definition of governance. Most IT governance actions seek to implement technology that monitors, enforces, operates, and automates corporate policies. Cloud governance is built on similar concepts.Figure 1: Corporate...
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Corporate policies establish the requirements, standards, and goals that your IT staff and automated systems need to support. Individual policy statements are guidelines for addressing specific risks that are identified during your risk assessment process. Here are a few examples of proper corporate poli...
There is a substantial range of actions that can be considered corporate actions. Examples include (but are not limited to): Changing a company’s name or the design of the brand Handling pertinent financial issues (such as the company needing to liquidateorfile forbankruptcy) ...
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5 types of corporate social responsibility and examples There’s no one “right” way to practice CSR, but there are certain key components to consider when designing your corporate social responsibility initiatives. According to the “pyramid of corporate social responsibility,” a concept first intr...
Once companies reach the transforming stage, they are deeply aware that corporate citizenship is an integral part of the company's strategy. It fuelssales growth, allows expansion to new markets, enables hiring the best talent, enables acquiring cheaper capital, and establishes an emotional bond and...