Current Issue : July - September Volume : 2016 Issue Number : 3 Articles : 8 Articles
The essay addresses the corporate social responsibility programme of SingTel (Singapore Telecommunications),\na ââ?¬Å?Touching Lives Fundââ?¬Â initiative, which will serve as the chosen CSR (Corporate Social Responsibility) programme\nto describe, explain, justify and assess ethical decision making and behavior within the programme. It will also\nhighlight the authorââ?¬â?¢s interests, body of knowledge and reflective ability to discuss these ethical issues. SingTel is the\nlargest telecommunications network in Singapore and in Southeast Asia. It has a combined mobile subscriber base\nof 185.3 million customers from its own operations and regional associates. SingTel has expanded aggressively\noutside and holds shares in many operators, such as Australian Optus and Cable and Wireless. Literally, almost\neveryone in Singapore would have a service account with SingTel some time or another.\nThe SingTel ââ?¬Å?Touching Lives Fundââ?¬Â programme is a fund-raising instrument under SingTel. It was initiated in\n2002 for the purpose of raising donations for 30,000 less privileged children and youths aged 2 to 25 by funding\nprogrammes such as training and special education, school social work and counseling of youth from families facing\nproblems and other socially-related issues. Till now, the programme has received S$12.8 million from all kinds of\ndonors and given to charities. These donations are driven from various activities held in tandem to its objectives of\nraising millions-for each year. According to SingTel, the activities entail the following: SingTel matching dollar\nfor dollar on Flag Day involving all of SingTel employees and their family members; Charity golf events and walks\nsupported by business associates; Customers that use SingTelââ?¬â?¢s allocated services raise funds; SingTel giving a\ndollar for every kilogram of old phone directories that were recycled....
The aim of this paper is to examine the effect of ownership structure on a firm�s ability to practice earnings management. To achieve this goal all 77th Jordanian industrial companies listed at Amman Stock Exchange (ASE) for the period 2000-2014 were selected resulting in 1089 firm-year observations. The empirical results suggest that the earnings management practices of Jordanian industrial companies listed at ASE are influenced by the ownership structure. Precisely, the result shows that equity concentration, management ownership and institutional investor equity are associated inversely with the practices of earnings management. Our results are consistent with the Alignment of Interest Hypothesis and the Efficient Monitoring Hypothesis which suggest that large shareholders have less motivation to manipulate earnings, and can reduce the scope of managerial opportunism....
This research focuses on the diffusion of TQM from 1978 in China when it began to reform and\nopen up, and this paper has further discussed the features of management innovation in the Chinese\ncontext, which would have some inspirations for how to import a new management technique\nin a different context in the future research. The study found that from 1978 the dominant\nbody of demand for management innovations has gradually shifted from government to enterprises\nand during different periods it shows differences in rationality. In China, the early discussion\non TQM was first initiated by academic scholars who were usually deemed more rational than\ncorporate managers, then it was affected by social psychological factors showing the other side of\nirrationality. Through bibliometric analysis of publications and journals on TQM, this study also\nfound that the life cycles of the diffusion of management innovation were different when the dominant\nbody of demand had changed....
Dividend policy has been one of the most important research topics in modern corporate finance.\nFrom the practitioners� viewpoint, dividend policy of a firm has implications for investors, managers,\nlenders and other stakeholders. The current study aims to examine critically the managers�\nperception towards dividends and Dividend Policy of companies listed on Dhaka Stock Exchange\n(DSE) of Bangladesh. The study employed a practical survey on the perception of managers� of\ntwenty four companies to test the behavior of Bangladeshi listed firms towards dividend payout\npolicy. Investigation of different dividend theories reveals that the bird-in-hand theory and the\nrelevant value theory receive the highest support among the surveyed managers. It is also evident\nfrom the analysis that external factors related to the current financial market crises together with\nthe state of the capital market and restrictions imposed by debt providers are all important factors\nin formulating dividend policy. The current study extends limited previous research based on\nquestionnaire and survey related dividend policy. It thus provides new evidence from an emerging\nand fast growing economy like Bangladesh....
The article focuses on four major assumptions that underlie the alternative conceptualization of public recreation marketing. It explains (1) the redistribution system within recreation resources are allocated; (2) the organizational structure of recreation agencies; (3) the ways in which public recreation agencies interact with local governments and citizens; and (4) the code of ethics and its influence on the behavior of recreation professionals. Finally, the article attempts to integrate these assumptions into an alternative definition of public recreation marketing that is termed ââ?¬Å?administered marketing.ââ?¬Â...
In recent years, the quantity of female executives in the companies of is rising, some countries\neven raising a mandatory requirement about the proportion of female executives on the company.\nWomen are increasingly attracting the attention of theory and practice fields, so does the\ndiscussion of the role of senior women. This article reviews the research about how female executives\ninfluence the corporate behavior and performance from the perspective of finance and\nnon-finance, analyses the deficiency of related research and points out the direction for future\nresearch....
Most studies define ââ?¬Å?next-generationââ?¬Â leaders as individuals under the age of 40 who can be held\naccountable to lead no-profit organizations in the decades to come. In addition to age, it is determinant\nto consider the diversity of future leaders. A successful strategy model developed for use\nwith no-profit organizations focuses the attention of managers on three key issues: social value to\nbe created, sources of legitimacy and support for the organization, as well as operational capacity\nto deliver the value. These principles can be translated into a relevant and innovative formula as\nfollows: L (leadership) = D (diversity) * SC (Social Value) where social value reflects the importance\nof working with the aim to improve the society we live in....
The aim of this study is to explore the relationship between restorativeness, work engagement\nand organizational cynicism. A positive effect of restorativeness on work engagement and a negative\neffect on organizational cynicism are hypothesized. A self-report questionnaire was filled out\nby 247 employees. Results of hierarchical linear regression supported a positive effect of restorativeness\nin reducing both organizational cynicism and in fostering work engagement. The original\ncontribution of this research is the analysis of the multivariate relationship between restorativeness\n(which is a relevant construct in environmental psychology) and relevant constructs deriving\nfrom the work and organizational psychology field (i.e., work engagement and cynicism in the\nworkplace)....
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