According to Florida Statute §509.111(1), The owner of the hotel is not responsible under any condition to be liable for guest’s, money, securities, and jewelry. If the owner of the hotel decides to keep the items for safekeeping under the rights of the guest, the hotel is still not liable for the loss of the items unless it was the hotels fault. The owner of the hotel is limited to $1,000.00 for the loss items if, the hotel gives a receipt for the property which the valued item price is listed. The receipt also must state that the public lodging establishment is not liable for any loss over $1,000.00 unless it was the lodges fault. Mr. Binion did not give David Wilson, the front desk clerk, his wakeboard for safe keeping.
As per Section 806, Neumann and Tides may not be able to access whistleblower protections. Instead of going to supervisors who can investigate this matter, federal/regulatory agents, and the U.S. Congress, they spoke directly with the media. Although Neumann and Tides mentioned their IT internal control security controls to their managers, they did not pursue other formal company reporting measures. Thus, the courts could not provide whistleblower protections to Neumann and Tides who did not meet the reporting requirements.
Grant Thornton is one of the world’s leading organizations of independent assurance, tax and advisory firms. The provided assurance services are focus on critical areas and risks that matter most of the business. For corporate services, it provides responsive and strategic financial planning. While, tax advisory and compliance services, it will helps to minimize business and personal tax exposure and helps to aware the changing requirements of the taxation system. Besides, the available vacancies in Grant Thornton included advisory and recovery vacancies, tax positions, corporate advisory and recovery are offering attractive remuneration package and career advancement to the right candidates.
Discussion Nestlé’s Corporate Social Responsibility consists of looking further then the own company needs or profits and pay more attention to other stakeholders. Everyone concerned or connected to the company business will get a closer look on their situation and will be treated right. They divide the stakeholders in two categories; the first being the internal stakeholders such as employees and shareholders. The second category is external stakeholders where we find the suppliers, customers, environment and so on.
We find it more beneficial to focus on the stakeholders because down the road we must ensure that we continue to increase profits. If the company is still able to create revenue, the company should keep higher positions in order to ensure a smooth order of business and job stability. It is important to think of the community and the primary stakeholders when proposing a business plan because their positive outlook of Chocoholics Anonymous is needed to create a profit. In a discussion written by Waldkirch, he discusses the models of shareholders and stakeholders. He responded that the shareholder’s model was not as strong as the stakeholder’s model because “Corporations cannot be successfully managed in the long run against the interests of its stakeholders” (Waldkirch, 2008, p. 7).
Agency theory suggests that the interest of the business should come before self-interest. This may imply maximisation of profit, growth and shareholder return. Some writers such as Herbert Simon have argued that directors are more likely to act as ‘satisfiers’ than maximisers since corporations as organisations don’t act to achieve the best possible results but merely to achieve satisfactory results across several objectives. Simple agency theory aims to explore the corporate governance issues involved in the shareholder and director relationship as principal and agent.
Siegel (2014:221 ) highlights the importance of the interdisciplinary aspect of responsible leadership given a debate about how responsibility should be defined, especially since any definition is heavily impacted by the context within which it takes place. While he supports the view that leaders are responsible only to shareholders to maximize profit, Waldman (2008:121 ) defines responsibility with a much larger scope that includes other stakeholders. The latter’s approach ties responsible leadership to disciplines rooted in stakeholder theory and indeed makes of the leader a champion of movements like corporate social responsibility, corporate social performance, and the likes (Maak & Pless,
Furthermore, in the last decade, an increasing number of major shareholders attempt to influence corporate behaviour by using their equity stakes in organisation to pressure the management for improved performance and increase the value of their investments. However, shareholder activism is believed to be very controversial. Some proponents of shareholder activism believe that the involvement of shareholders in the management of the company ensures that the invested capital is spend properly and that the directors do grant themselves excessive remuneration packages and focus mainly on maximisation of shareholder value. Opponents, on the other hand, often criticise a high degree of shareholder activism as they considered that active investors are mainly focused on their own short-term benefits and profits and not on the long term aims and goals of organisations (Corkery,
Corporate Social Responsibility (CSR) has gained its importance as an essential activity for corporate nationally and internationally. It has become a matter of utmost importance for diverse groups demanding change in the business orientation. From 1980 to 2000, corporations recognized and started accepting a responsibility towards society. CSR implies some sort of commitment, through corporate policies and action. This operational view of CSR is reflected in a firm's social performance, which can be assessed by how a firm manages its societal relationships, its social impact and the outcomes of its CSR policies and actions.12
Practicing CSR also helps the company earn a reputation of a good corporate citizen that increases brand awareness and attractiveness and companies also do some cost saving in terms of escaping expensive fines and court
There were many flaws with the Articles of Confederation for example there was not an executive branch. In article two section one of the Constitution they made it so the President had executive power along with a Vice President. Another issue was the fact that there were not any federal courts. This was changed in article three section one and two, and they stated that the judicial power will be held by one supreme court with inferior courts. There also was no power to tax or regulate commerce.