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Browsing Journal Articles by Subject "corporate governance"
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- ItemCollective bargaining as a corporate governance tool for industrial democracy: the Nigerian experience(Panamaline Books Distributors Limited, 2017) Mbeli, Valentine TebiThis article has carefully examined the mechanism of collective bargaining within the context of corporate governance. It posits that the mechanism serves certain important corporate governance purposes to wit; it helps in ensuring industrial democracy by providing an opportunity for employees to participate in corporate decision-making. It also ensures industrial peace by providing a platform for dialogue as a way of settling industrial disputes. Collective bargaining is also important in that it enables employers to improve the working conditions of employees as a way of guaranteeing job satisfaction, thereby, improving productivity. Negotiations under collective bargaining yield collective agreements between management and workers. That notwithstanding, is it obvious that the non-enforce ability of collective agreements works to whittle down the import of embarking on collective bargaining through negotiations
- ItemCorporate governance and ethical standards in business: the Ugandan experience(Panamaline Books Distributors Limited, 2017) Walabyeki, JimmyEthics in corporate governance is very important as it gives companies focused and purposeful management, and a competitive edge in business. This is the first installment of a study of legislation and other literature relating to ethics and governance specific to Uganda. In this research the factors affecting good business ethics is considered, as well as the opportunities arising from good ethical practices. The study’s findings indicate that there are several factors affecting ethics in corporate governance in Uganda. These include the company’s internal environment, and the external environment because the company does not operate in a vacuum. Factors in the external environment include the socio-political, cultural and market environments, and the legal environment as well as regulatory environment. The main factors affecting good business ethics in Uganda are in the context of the socio-political environment. This study contributes to the drive by policy-makers towards promoting good corporate governance by drawing attention to the main factors affecting good business ethics in Uganda
- ItemDerivative action and corporate malfeasance in Uganda(Panamaline Books Distributors Limited, 2017) Sani, AbdulkadirA Company is an independent legal entity where members invest their resources in order to benefit from the profit deriving from. In the same vein, the management of a company assume managerial powers as contained in the articles of association of the company. The separation of ownership from control creates a serious agency question, that the possibly of conflict of interest which manifests in a plethora of ways including misappropriation of company funds. This mostly affect the minority shareholders who do not have powers to change the decisions or to challenge the actions of the directors of the company. Derivative action is a mechanism whereby the minority views can be heard and action can be taken on how the activities of the directors can be reviewed in situations of corporate malfeasance. This article explains a derivative action where a minority shareholder can assume power to challenge the directors of the company. In this article the writer examines the wrongdoing of the management in a company as well as examines the duties of a director in a company. Causes of corporate malfeasance are also highlighted and instance where it is appropriate for a derivative action supposed to have been taken by a member on behalf of the company. Doctrinal method was used in this article whereby text books, case law and the Ugandan companies Act was consulted.