Business Ethics Simple Note Chapter 4 - Board Commitees, FSGO

 

---

Chapter 4
Board committees	Executive committee Nominating committee corporate governance Compensation committee Audit committee Finance committee Succession Committee
Responsibilities for board members	Establishing maintaining internal financial controls Selecting the external auditor Establishing different board committees Communicating financial situation internally and externally Establishing and revising the company’s code of ethic and ethical standards
Decision making of the Board member	Annual business plan Hiring and compensation Issuing of Stock Issuing of Dividends Plan and arrangement of capital structure Risk management Tax settlements Assets acquisitions and expenditures ……
Type of boards of Directors	Passive board Certifying board Engage board. Intervening board Operating board
Common criminal charges Under FSGO	Fraud欺诈 Bribery受贿 Extortion勒索 Embezzlement挪用公款 Corruption腐败 Environmental waste Violation of tax违反税收 Food and drug criminal violations Antitrust violations反垄断法
FSGO” Effective compliance programs”	Oversight by high-level personnel  Due Care in delegating substantial discretionary authority.  Effective Communication to all levels of employees Reasonable steps to achieve compliance, which include systems for monitoring, auditing, and reporting suspected wrongdoing without fear of reprisal.  Consistent enforcement of compliance standards including disciplinary mechanisms. Reasonable steps to respond to and prevent further similar offenses upon detection of a violation. establish appropriate standards and formal procedures

---

More Info:

从零开始的马来西亚 虚拟Virtual Youtuber ——Kimily紀鴍樂
👉https://spotthewrld.blogspot.com/2020/12/virtual-youtuber.html👈

Business Ethics Simple Note Chapter 3 - Employment At will, Issues in the workplace
https://spotthewrld.blogspot.com/2021/03/business-ethics-simple-note-chapter-3.html

Principle of Macroeconomics Chapter 2 Note (National income / GDP / Approach)
https://spotthewrld.blogspot.com/2021/02/most-simple-explaination-about-capital.html

Business Ethics Simple Note Chapter 1 - Ethic principle, meaning, and explanation

https://spotthewrld.blogspot.com/2021/03/business-ethics-simple-note-chapter-1.html

Macroeconomic Simple Note Chapter 3 - Aggregate Demand and Supply

https://spotthewrld.blogspot.com/2021/03/macroeconomic-simple-note-chapter-3.html

LOGISTIC CASE STUDY: NÜRNBERG AUGSBURG MASCHINENWERKE (N.A.M.) -ANSWER

https://spotthewrld.blogspot.com/2020/10/logistic-case-study-nurnberg-augsburg.htm

Business Ethics Simple Note Chapter 2 - Corporate social responsibility, stakeholder

https://spotthewrld.blogspot.com/2021/03/business-ethics-simple-note-chapter-1_4.html