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Corporate Governance in Apple, Mercedes Benz and Vodafone

   

Added on  2023-06-07

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z x c v b n m q w e r t y u i o p a s d f g h j k l z x c v b n m q w e r t y u i o p a s d f g h j k l z x c v b n m q w e r t y u i o p a s d f g h j k l z x
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b n m q w w e r t y u i o p a s d f g h j k l z x c v b n m q w e r t y u i o p a s d f g h j k l z x c v b n m q w e r t y u i o p a s d f g h j k l z x c v b
n m q w e r t y u i o p a s d f g h j k l z x c v b n m
Governance & Globalising World
Report
9/14/2018
Student Name
Corporate Governance in Apple, Mercedes Benz and Vodafone_1
P a g e | 1
Corporate Governance
Corporate governance can be defined as the way or process through which the functioning of
the company can be controlled and directed. This controlling and direction helps the
organization to achieve sustainability in the business for the long period. In other words,
corporate governance is the mechanism, processes and relation by which the company is
performing their task in order to accomplish their rights and responsibilities (Jo and Harjoto,
2011).
Apple
The corporate governance structure of apple found to be good in nature and have made the
separate department to get the accountability and synchronization in the company. From the
corporate governance policies of the Apple, it has been analyzed that the Apple has the
dominant CEO, which makes the policies and rules, which are found to be good for the
company performance. Another analysis made is related to the board diversity and
composition made by the CEO of the company. Apple has two independent directors and in
totals 13 directors. The distribution of the board is done in such a manner that is able to take
the accountability of the entire department while analyzing all the errors committed at every
level (Corporate Governance, 2018a).
Corporate Governance is finding relevant and crucial in maintaining the relationship with the
shareholders of the company. The majority of the shareholders are satisfied with the
performance of the company and its policies. Shareholders are satisfied due to the high
returns are given by Apple to their stakeholders. The other stakeholders of the company are
also satisfied with the company due to high support and brand image has been shared with
them (Prezi, 2018). The company has find with using the Stewardship theory of corporate
governance in their model. As the all the staff and management in Apple are the owners and
both the groups have the same common goal to achieve. The boards in Apple do not found to
be controlling as like in other organisation. The board is supportive, give empowerment to
their executive, and in return increase the potential for higher performance (Ebrary.net,
2018).
Impact on the country governance system
Apple has launched a pilot version of the clean water program in the year 2014 which has
impacted the whole country water sources with 13 suppliers sites who collectively uses more
than 41 million cubic meters of water per year. Not only in the field of water has reservation
Apple had also given its contribution to educating the mass at a time. Apple has started the
education and development program, which is free of cost to the labors working in 18
factories. In this program, more than 280000 workers took various courses and able to grab
the new skill with knowledge. This gives the country a support to grow in the market in terms
of educating their peoples (Newsroom, 2003).
Mercedes Benz
Corporate Governance in Apple, Mercedes Benz and Vodafone_2

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