Choose one newspaper or magazine article from the web links below which relate to one or more aspects of corporate governance, and complete the following: Outline and summarize the arguments made in...

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Summary of the arguments made in the article    3
Corporate governance issues and their importance    4
Corporate governance theories are relevant to the issue    7
References    12
Summary of the arguments made in the article
Company and board members warned that unions pushing the company's board of directors would create the significant moral hazard and risk the “sacred principle” of board secrecy. Graham Bradley, a director of the company and former chairman of the Australian Business Council, said the resolution passed by the Australian Trade Union Council was “completely misunderstood” and could reopen the board dispute. The ACTU resolution requires future Labor government to install employee representatives in private and public companies, including the immediate appointment of a union member to the Reserve Bank. The resolution reflects the recent commitment of the Conservative government of UK, but after the resolution was revoked last year, she said there are other ways for the company to obtain workers. Mr. Bradley said that ACTU "respects the director's fiduciary responsibility fundamentally, which makes it impossible for any director to regard himself as anyone outside the company. Employee representative also raised the possibility of their pipeline as a worker, which may conflict with the “sacred principle” (Guzman, 2018). The board of directors discussed absolute confidentiality. In 2004, the elected ABC staff director refused to sign the board governance agreement, which led to the resignation of Chairman Maurice Newman. Due to concerns about confidentiality, the Howard government removed the role of employee directors, so the possibility of conflict is obvious. ACTU believes that workers' representatives have increased transparency and cooperation, with reference to Germany's two-tier board structure, in which workers' representatives are supervisors. Most German workers are familiar with the concept of "work committee" and "general assessment". Germany is proficient in its field. When the law was enacted in the United States in 1976, still large public and private companies (over 2,000 employees) allow workers to vote for the company's supervisory board part-time in partly, so that workers get a strong sound. How these companies operate from the overall policy for everyday information, but Australian Institute of Company director Adams Amor said, "This is a basic form of the governance model and our own legal framework." All Australian directors have legal and trustworthy duties to work in the best interests of the whole company. Often it will balance the shareholder's interests, which includes the employee's interests. An executive talent market responsible for responsible responsibility for attracting and maintaining skills as per their requirement. Congress passed other controversial proposals, abolishing the secret ballot of the strike, and prohibiting non-union agreements from reviving the bargaining power of the entire industry(Guzman, 2018).
Corporate governance issues and their importance
Corporate governance is the way companies self-regulate. In short, it is a way of managing companies (such as sovereign states), from the highest level to the lowest level, to develop their own habits, policies, and laws for employees. Corporate Governance aims to increase the company's responsibilities and prevent large calamities before the disaster. A big argument for corporate governance is the key reason for the failure of energy giant Enron and its bankrupt employees and shareholders. Good corporate governance was similar to the Department of Transaction under the Police Department, very prejudiced and destroyed. Suppliers, customers, and community leaders can meet with companies with internal members (such as shareholders and creditors) and to meet the needs and needs of the affected parties. Avoiding conflict of interest is a conflict of interest in the corporate governance framework when senior employees of a company or other controlling members have other financial interests that are inconsistent with the company's objectives (Arora and Dharwadkar, 2011). For example, a solar company board member of a large number of oil companies struggles with interest because, as the board is working, it shows clean energy development, they have personal financial interests. When there is a conflict of interest, they can undermine the trust of shareholders and the public, while making the company vulnerable to litigation. Effective corporate governance requires the Board to monitor the company's procedures and practices. Neglect is a comprehensive term that includes officials reporting on the Board of Directors of the Board of Directors of the Company and its daily operations and how they are accomplished. The Board of Directors protects the interest of shareholders as checks and balances for the directors. Without such negligence, the employees of the company can violate state or federal laws, can bear tremendous penalties from the regulator and can suffer losses to public standing (Consultant, 2017). To remain transparent, companies must give accurate reporting of their profits and losses and it is necessary for the people of the investment company to provide these data. Huge profits or decreasing losses can seriously hurt the company's relationship with shareholders because they are tempted to invest in false forgiveness. Regulators can be penalized due to lack of transparency. There are many important issues in corporate governance. They play an important role. All issues are intermittent, independent and interrelated. In every respect related to corporate governance, each company has different priorities. Value-based corporate culture: Any organization must be functioning effectively. He must have...