Saturday, January 25, 2020
Effectiveness of Non-Executive Directors Essay -- Senior Management, N
The effectiveness of non-executive directors is becoming to be seen as critical for the contribution to the effectiveness of corporate governance in providing investor protection. Relevant situational and sectoral experience enhances the effectiveness of non-executive directors. Jebb (1998) cited in Ahwireng-Obeng, Mariano and Viedge (2005) suggests that it is a better strategy to hire non-executive directors who have experience in similar as well as other sectors and situations that the company is likely to face than search for a particular expertise in a director. According to Pincombe (2000), this enables the utilisation of specialist skills in different fields and the broadening of experience (Ahwireng-Obeng, Mariano and Viedge, 2005). To a certain extent, the tenure of service also has impact on the effectiveness of non-executive directors. Feldman (1992) is of the view that a board that services a business well today may not be qualified to lead it five years from now as markets and products evolve. Therefore, the appointments of non-executive directors should be for a specific term and new members should be appointed as and when needed. One suggestion is that by serving for more than ten years, the board member tends to become too close to senior management to provide objective oversight (Ahwireng-Obeng, Mariano and Viedge, 2005). However, this could provide the in-depth knowledge and institutional memory that a new board member has to work hard to acquire (Fleming, 1998 cited in Ahwireng-Obeng, Mariano and Viedge, 2005). As for the selection and appointment, ââ¬Å"good boards do not just ââ¬Ëhappenââ¬â¢; they are carefully constructed working teamsâ⬠(Vennat, 1995). In other words, it is by selecting and developing appropriate indiv... ...m their duties, particularly those sitting on the Nominations Committee, Remuneration Committee and Audit Committee on an irregular basis, meeting only a few times a year (Pass, 2008). Due to limited time of involvement, non-executive directors could be too "remote" from internal decision-making processes to make an effective contribution and lack of information. The effectiveness of non-executive directors would be undermining when they are uninformed about the challenges they face. Hurley (2000) cited in Ahwireng-Obeng, Mariano and Viedge (2005) suggests that making the following list of information available to non-executive directors can contribute to their focus and productivity: board policies, committee guidelines, board minutes, authority annotations, contract summaries, organisational charts, member surveys and analyses, and programme or project analyses.
Thursday, January 16, 2020
Erosional Activity on Mercury, Venus, and Moon
Erosion in Earth is mainly caused by water or moisture, wind, and other earthly activities. However, in other planets like Mercury and Venus, as well as our own satellite, which is the Moon, there is less erosion activity. Considering their distance from the Sun, the two mentioned planets are the closest ones to the Sun, and in case of Moon, it has the same distance as the Earth from the Sun which is 1 astronomical unit. We could say that in these heavenly bodies, the moisture is least to exist since they are prone to the intense heat of the Sun, considering that the Moon gets its light from the Sun. Aside from that, the Sun has strong gravity that enables it self to pull the planets and other heavenly bodies in the Solar System. Considering that the Mercury and Venus are the planets considered closest to the sun, both planets have received also the strongest attraction of the gravitational pull. In this case, the materials of the planets are more intact that could prevent to be eroded. In relation to the planetary size, it is correlated to the gravity such that the bigger the planet or the heavenly body, the greater of its gravitational pull. The Mercury, Venus, and Moon, which are relatively small bodies in Solar System, it has lesser gravity pull than the Earth. However, with the influence of the Earthââ¬â¢s gravity to the Moon, it prevents the moon from its orbiting and other erosional activity in the said satellite. Mercury and Venus, as it was mentioned before, both planets have been affected by the gravitational force of the Sun. The fallen heavenly bodies, such as meteor and asteroids, that also causes erosion in planets would be avoided by attraction of gravity pull of the Sun. Instead of collision with Mercury or Venus, it would be then collided with the Sun. In this case, there would be lesser erosional activity. Reference: July 1, 2007 July 1, 2007
Wednesday, January 8, 2020
Semiautobiographical Work- Borderlands/La Frontera The...
Every writer has the ability to make their writing remarkable, beautiful, and complex by using elements like genre, discourse, and code. Borderlands/ La Frontera: The New Mestiza is a semi-autobiographical work by Gloria Anzaldà ºa. She examines the relations of her lands, languages, and herself overall. She defines the borders she has around herself in the preface of the book: ââ¬Å"The actual physical borderland that Iââ¬â¢m dealing with in this book is the Texas-U.S. Southwest/Mexican border. The psychological borderlands, the sexual borderlands and the spiritual borderlandsâ⬠¦the Borderlands are physically present wherever two or more cultures edge each other, where people of different races occupy the same territory, where under, lower, middle andâ⬠¦show more contentâ⬠¦It has the concepts of identity, memory, experience, and space (Hight). Furthermore, by using myths like the one about Coatlicue, the Aztec goddess of life, death and rebirth, she is able to find her own individual space and reinvents the birth of her affiliation to her community. I also put this book into the category of critical ethnography. It focuses on the implied values expressed within ethnographic studies. ââ¬Å"Critical ethnography begins with an ethical responsibility to address processes of unfairness or injustice within a particular lived domainâ⬠(Madison). These are the misunderstood biases that may result from implied values. Discourses can be either implicit or explicit. I would describe this as a form of telling the reader what the author wants them to know. Language can be manipulated in such a way that it can cause a certain effect or provoke a specific response. The discourses for this book were put into the following categories: Chicano Cultural Nationalism, Post-Colonial Theory, strategic essentialism, mestizaje, sexual and cultural identity, queer theory, shamanism, and feminism. Chicano Cultural Nationalism tends to highlight civil rights, political and social inclusion, and uses the culture to reconstruct the nationââ¬â¢s pursuit for the self: ââ¬Å"nationalism focuses on the role that imagination and myth play in the development of the self-image that precedes nation-creationâ⬠(Fernà ¡ndez). However,
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