General Motors Corporate Governance

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3.5.2 General Motors
The GM Board in 1994 developed the General Motor’s Board Guidelines. The latter are widely viewed as seminal expression of a board’s voluntary efforts to improve its own governance. The GM Guidelines have been widely discussed and emulated, and their influence has extended well beyond the USA. They have proved to be influential sources for other guidelines and code efforts. In response to problem in the corporate performance of leading companies, the perceive lack of effective board oversight that contributed to those performance problems and the pressure for change from institutional investors.
3.5.3 General Electric Company
GE is a company standard. Their world-wide reputation for honest and reliable business conduct
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The company is committed to good corporate governance for sustainable success. It provides detailed information on various issues concerning the company’s business and financial performance. The company respects the inalienable right of the shareholders to information on the performance of the company and considers itself a trustee of its shareholders. They believe that sound corporate governance is critical to enhance and retain investors trust. Accordingly, they always seek to ensure that they attain their performance rules with integrity. Their board exercises its fiduciary responsibilities in the widest sense of the term. Their disclosures always seek to attain the best practices in international corporate governance. By this, they also endeavour to enhance long term shareholder value and respect majority rights in all their business decisions. At the core of their corporate governance practice is the board, which oversees how the management serves and protects the long term interests of all the stakeholders of the company. Majority of their board are independent members and they believe that an active, well informed and independent board is necessary to ensure the highest standards of corporate governance. Infosys is one of the first Indian companies to adopt US GAAP besides Indian GAAP Reporting with regarding with…show more content…
It has been pursuing a vision of a strong base in specialty segments and a mission of a discovery led global pharmaceutical company. The company has combined technical excellence with professional management and it has thus been rated as the top employer in the pharma sector. It has the necessary recruitment, training, compensation and employees welfare schemes to attract and retain talent. It has an empowered board, with independent directors, committees, systems and process for good corporate governance. Its accounts and reporting satisfy both the US and the Indian GAAP requirements. The company’s social contributes are channeled through the Dr. Reddy’s foundation. It brings healthcare and education to poor children, youth and women. The company thus, aims to be beyond philanthropy, to catalyze sustainable

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