Corporate Goveranance Case Essay Example | Topics and Well Written Essays - 750 words

bodily Goveranance sheath - Essay ExamplePlease note that the case study did not indicate the number of hours the employees of nippy meals Ltd is being forced to work. It is incredelous to compare the conditions of employees of Tasty meals with that of the other countries. The economic condition is not the same in the midst of two countries the cost of living is likewise not the same. The wage commission of the Philippine Government fork out taken these factors into consideration in determining the minimum wage in the Philippines. As far as the wage is nameed Tasty meals Ltd is in compliance and in fact exceed the prerequisites of the government. dubiousness 2 Tasty meals Ltd, CANNOT be held responsible for the problems ca physical exercised by unhealthy junk foods and high-calorie if the guild is complying with the minimum requirement impose by the law of the Government of the Philippines. However, Tasty meals Ltd has the fiduciary righteousness if not a social responsibi lity to provide healthy foods to its loyal patrons. Fiduciary responsibility is not prosecutable by law if it is not met. Question 3 It is NOT reasonable to demand from Tasty meals Ltd to give up cost effective and convinient. The use of cost effective and convenient disposable tableware and containers is not against the law within the Philippines. ... Question 5 overall I consider Tasty meals Ltd to be compliant to the corporate governance principles with the exception of its dealings with mess of questionable background. Tasty meals Ltd is NOT AN ethically and socially responsible corporation. A company is considered compliant to Corporate Governance principles if it complies with the maximum requirement of the law in the countries where it is operating from. A company is considered to be ethically and socially responsible if it complies with the requirements of international standards where it belongs to. Question 6 The following are my answers for each of the recommendation if it is capture the answer is Yes, if its not appropriate the answer is No. Recommendation 1 No, the current fee is more than twice the government mandated minimum wage. Recommendation 2 No, Tasty meals Ltd have its own marketplace that might not be receptive to other products. Recommendation 3 Yes, Reducing trans fat in its cooking process will help its global corporate image. Recommendation 4 and 5 Yes, complying with the concern of international environment groups will call forth the image of the company. Recommendation 6 Yes, sponsorship of charitable organizations will heighten the corporate image of the company. Recommendation 7 Yes, this is a requirement to enhance the global image of the company Recommendation 8 Yes, this will enhance the image of the company Recommendation 9 Yes, this will enhance and also show the commitment of the company to self reflect and improve its operation to comply with the requirement of the law and other international standard. Quest ion 7 YES, Adverse publicity often times affects the