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Introduction To Business Management

This document discusses corporate governance and management. It introduces concepts of business management and objectives for students to understand business environments, corporate governance, and decision making. A case study examines the responsibilities of management and boards of directors (BODs) in fulfilling the purpose of maximizing long-term shareholder returns. There have been criticisms of poor governance leading to erosion of public trust. Alternative actions focus on effective boards, shareholder activism, proper managerial incentives, and external mechanisms like auditors and analysts to ensure improved corporate governance.

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Rosalie Rosales
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99 views51 pages

Introduction To Business Management

This document discusses corporate governance and management. It introduces concepts of business management and objectives for students to understand business environments, corporate governance, and decision making. A case study examines the responsibilities of management and boards of directors (BODs) in fulfilling the purpose of maximizing long-term shareholder returns. There have been criticisms of poor governance leading to erosion of public trust. Alternative actions focus on effective boards, shareholder activism, proper managerial incentives, and external mechanisms like auditors and analysts to ensure improved corporate governance.

Uploaded by

Rosalie Rosales
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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ROSELYN R.

LOPEZ
BSBA-
Business Policy and Strategy
(MTW 8:30-9:30)
Part1

* Introduction to Business Management


Understanding Basic Concepts , Meaning and
Characteristics.
Meaning and process of management forms of
Organization , Business Society.
Objectives:
Student will be able to:
To know the importance of developing
forecasts of the business environment.
To evaluate the long effect of lack of
corporate governance.
To learn on how to give the right decision
at the right time when the problems
occurs.
Case Study
The Role of Corporate Governance and management

Most business enterprises that employ more than a


few closer people organized and cooperative. The
overall purpose of a corporation is to maximize the
long term return to the owner(shareholder).

Thus we may ask; The Problem:


1. Who is really responsible for fulfilling this purpose?
2. What is a useful definition of corporate governance
the relationship among various participants in
determining the direction and performance of
corporations?
The Case

There have been much criticism as well as by both


citizens and the business press about the poor
job that the management and the BODs of
corporations are doing. We only have to look at
the recent scandals at firms has led to an
erosion of the public trust in the governance of
corporation. Some corporations could not be
trusted by the people to look the intervote of
their employees and thought that the
corporation looked after their shareholders.
Alternative Action
Clearly there is a strong need for improved
corporate governance. We focus on there
important mechanism to ensure effective
corporate governance, an effective and
engaged board of directors shareholders
activism and proper managerial rewards
and incentives. In addition these interval
control, a key role is played by various
external mechanism. This includes the
auditors bank analysts, an active financial
and the threats hostile takeovers.

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