Corporate governance is the system that defines how a company is managed and controlled. It involves rules and practices that ensure a company is run in a fair, responsible, and transparent way, keeping the interests of everyone involved in mind like the owners (shareholders), employees, customers, and the community. Good corporate governance helps a company … Read more
Agency Theory of Corporate Governance The agency theory explains the relationship between the owners of a company (shareholders) and the people who manage it (managers or executives). In a company, shareholders invest their money and expect the managers to run the business well so that they can earn profits. However, this creates a situation where … Read more
Agency Theory This theory focuses on the relationship between company owners (shareholders) and managers. It assumes that managers may not always act in the best interest of owners, so strict monitoring and incentives are used to align their goals. Transaction Cost Economics This theory looks at the costs of running a business, especially when dealing … Read more
Good corporate governance is important to ensure businesses are run fairly, transparently, and responsibly. However, in Nepal, there are several challenges that make it difficult to maintain a strong corporate governance system. Challenges for Good Corporate Governance system in context of Nepal The challenges for Good Corporate Governance system in context of Nepal includes: 1. … Read more
Corporate governance is about how companies are managed and controlled. It ensures that companies are run in a way that is fair, transparent, and accountable to everyone involved, including shareholders, employees, customers, and the community. Several theories explain how corporate governance works: 1. Agency Theory This theory explains the relationship between owners (shareholders) and managers. … Read more
Corporate Social Responsibility (CSR) is when businesses take responsibility for how their actions impact society and the environment. The modern CSR approach focuses on mutual benefits for businesses and the community, creating a win-win situation. Modern CSR Paradigm: Creating a Win-Win Situation A win-win situation in business is a mutually beneficial outcome of a negotiation. In a … Read more
Stakeholder analysis helps businesses understand the different people or groups that are affected by their actions. It’s not just about identifying who these stakeholders are, but also understanding what they care about, how much influence they have, whether their concerns are valid, and if they team up with others to push for changes. By looking … Read more
Analyzing Stakeholders while formulating new policies for Business When creating new policies for your business, it’s important to carefully analyze how different stakeholders might be affected. 1. Identify the Stakeholders Make a list of everyone who might be affected by the new policy. This includes employees, customers, suppliers, investors, the community, and the government. 2. … Read more
Business and Society Definitions Businesses make products and services, while society is made up of people and communities. They depend on each other society provides workers, resources, and customers, while businesses meet people’s needs. When they work together well, everyone benefits and life improves. Business and society depend on each other. Businesses provide jobs, products, … Read more
Sale of Goods Board Questions with Answer BRIEF ANSWER QUESTIONS [2 MARKS] 1.[2023 Fall Q. No. 9] Hpw do you define unpaid seller. Answer: An unpaid seller is someone who sold goods but has not been fully paid. This includes cases where a check or payment fails. 2. [2021 Spring Q.No. 9] Generally, company is … Read more