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zlopas [31]
3 years ago
12

Choose a company that is currently listed on the Australian Stock Exchange and whose conduct is being considered by the Royal Co

mmission mentioned above. Discuss whether your chosen company adheres to the principles of good corporate governance. Give reasons for your answer, including examples of good or poor corporate governance exhibited by your chosen company.
Business
1 answer:
Helen [10]3 years ago
8 0

Answer:

Rio Tinto is an Australian Company for metal and mining. The company founded in 1873 and it has headquarter in London and has a corporate office in Melbourne.

Explanation:

Corporate Governance is the standards for process and practices in the organization. The standards deal with the application of certain rules in the business scenarios. The application of corporate governance in the company is not only on management but it is also on employees. Rio Tinto adopts corporate governance practices in its organization and all the management follows the good corporate governance practices. The company has also listed its compliance statements on its website. The company abide by all the good corporate governance practices. The CEO and CFO of the company are two separate personnel which is good corporate governance practice. There is segregation of duties in company.

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Return on Common Stockholders' Equity
attashe74 [19]

Answer:

Explanation:

Return on common stockholders' equity for 2015:

(Net income - preferred stock)/Equity

(63,000-5,400)/2,400,000 = 57,600/2,400,000 = 2.4%

Return on common stockholders' equity for 2015:

(99,000-5,400)/3,000,000 = 93,600/3,000,000 = 3.12%

From these calculations, it is clear that return has improved.

8 0
3 years ago
Which of the statements below concerning a sole proprietorship is true?
dybincka [34]

Answer:

The answer is: D) It is easy to create a sole proprietorship.

Explanation:

One of the main characteristic of a sole proprietorship is the flexibility of setting it up or closing it.

Since a sole proprietorship is the most basic type of business, it is easy to create and probably the most common type of business in the whole world. For example an accountant or a lawyer setting up an office, or even a housewife selling handicrafts through Ebay.  

5 0
3 years ago
An array of firm resources includes interpersonal relations among managers in the firm, its culture, and its reputation with its
ZanzabumX [31]

Answer: social complexity

Explanation:

Social complexity simply relates to how the existence of human beings are being studied. The things that are studied include armed conflicts, marriage practices, emigration patterns, political movements, natural disasters, etc.

Therefore, array of firm resources includes interpersonal relations among managers in the firm, its culture, and its reputation with its customers and suppliers. Such competitive advantages are based upon social complexity.

6 0
3 years ago
Rapp and Wunderman are subsidiaries of large agency holding companies that provide services for companies that want to communica
Contact [7]

Answer:

The correct answer is letter "A": direct-marketing.

Explanation:

Direct-marketing is a type of advertising that implies transmitting information about a product, service or entity directly to customers. Most of the time the promotional information is prompted without intermediaries but some times marketing agencies are hired for that specific purpose.

3 0
3 years ago
Inadequate disclosure occurs when: a. A company attempts to overstate assets to make their financial position look better. b. Ma
Fudgin [204]

Answer: Option B

         

Explanation: In simple words, inadequate disclosures refers to the situation when a company fails to make accurate or enough discloses in a statement as required by various laws and regulations.

The disclosure can be done through any medium such as media or in the yearly statement but if it does not contain proper information that it will be considered as an offence and suitable actions could be taken.

7 0
3 years ago
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