Title
The Twotier Board Structure: An Apt Model For New Zealand?,Used
Delivery time: 8-12 business days (International)
Master's Thesis from the year 2006 in the subject Law Comparative Legal Systems, Comparative Law, grade: B, University of Canterbury (Law School), language: English, abstract: In times of global corporate disasters many turn to corporate board structures in order to find solutions. The board of directors is responsible for monitoring the management and is therefore in the focal point of many legal scholars. Current US board structures have proved to fail to provide sufficient supervision. Scandals such as Enron and WorldCom have shuttered especially American but also European legislatures. Highest priority, at present, is to reestablish investors' faith in the securities market. Corporations are facing reluctant investments or even fearful avoidance of the stock market. Many US scholars see a solution in the adoption of the German twotier board system and the European Union gives the managements of European Corporations, the Societas Europeas, the possibility to opt for the twotiersystem. In the 1997 Report on the Corporate Governance Movement in France, even the Organization for Economic CoOperation and Development (OECD) praised the twotiersystem to be superior and more effective in monitoring management than the unitary system, which is in place in the majority of countries, including the United States of America (USA) and New Zealand, at the moment. The twotiersystem is on the rise. France offers an optional adoption for major stock companies and the Netherlands and the Scandinavian countries demand a twotier structure once a stock company has reached a certain size. New Zealand has not faced similar scandals to Enron. Therefore, some might think that there is no necessity to indulge in a discussion on changing board structures. However, the New Zealand market is highly reliant on international investments and has lately lost ground in the global competition in this regard. The USA and Germany are both undoubtedly global players and, as An
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Shipping & Returns
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We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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