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Gupta saga shows corporate governance working in SA Cape Town – The positive spin from

Question: Gupta saga shows corporate governance working in SA Cape Town – The positive spin from the Gupta saga is that corporate governance in South Africa is working as it indeed should – and that is worth a great deal for the future. This is according to Rhodes University Professor Matthew Lester, a member of the Davis Tax Committee, who reacted toSee the answerSee the answerSee the answer done loadingGupta saga shows corporate governance working in SA Cape Town – The positive spin from the Gupta saga is that corporate governance in South Africa is working as it indeed should – and that is worth a great deal for the future. This is according to Rhodes University Professor Matthew Lester, a member of the Davis Tax Committee, who reacted to financial services companies breaking ties with the Gupta-owned Oakbay companies. He said stakeholders of Oakbay are clearly and quite rightly looking at their own reputational risk arising from association with Oakbay and they are turning away. Lester said the remedy available to the directors of Oakbay to restore its reputation is to address the seat of the problem, the connection with the Gupta family. “Quite rightly, in the interests of Oakbay, the Gupta directors have resigned.” On Friday Oakbay said the “livelihoods of nearly 1 000 employees would be at immediate risk as a result of the outgoing director’s association with the company. It would be in the best interests of the company, its shareholders and employees for them to step down.” Lester explains: According to King III: Boards and directors, acting in the best interest of the institution, form the focal point of corporate governance with responsibilities extending to stakeholders: “Companies should be headed by a board that should direct, govern and be in effective control of the company”. Chapter 8 of King III established the principle that the board should appreciate that stakeholders’ perceptions affect the company’s reputation. Oakbay’s auditor KPMG, their banks FNB and Absa and their sponsor Sasfin Capital all cut ties with the Guptas in March. He said the application of the new world of corporate governance is clearly reflected in the Oakbay story. Page 2 of 10 The King III report starts off with the observations that stakeholders cannot be ignored. Stakeholders are concerned with: – The quality of the company’s product, or service; and – The trust and confidence that stakeholders have in the company. “It is clear that the stakeholders have major concerns with regard to the involvement of Gupta directors. “In the past not much could be done about this. But today stakeholders are concerned that their own reputation can be at risk purely through association with other companies.” The flight of corporate service providers comes as the Guptas’ alleged business connection with and influence of President Jacob Zuma has resulted in calls for an investigation into the Guptas’ business activities. The Guptas own Oakbay Investments, which is a shareholder in a number of private equity investments and joint ventures, such as Sahara Computers, JIC Mining Services, Shiva Uranium, The New Age newspaper, ANN7 TV and Clifftop Lodge. Lester said the challenge for Oakbay is to now attempt to restore its reputation to regain the confidence of all stakeholders. “That is no easy task. But we hope that in the interests of the employees (who are also stakeholders) this will be achieved.” According to Lester the saga shows that South Africa’s private sector is not just paying lip service to modern corporate governance principles. “Stakeholders are taking action where reputational risk arises. “Yes, corporate governance is working as it indeed should. And that is worth a great deal for the future.” According to Lester government organisations could also be bound by the King Code. “King IV is going to suggest that government organisations are also bound by the King Code. That would mean that the government would also have to consider the reputational risk of those they deal with. That could have very interesting implications,” said Lester.
Question: Aligned to the above article provide a detailed explanation on the benefits of the King Code on Corporate Governance which could be on a statutory basis, or as a code of principles and practices, or a combination of the two.
100% (2 ratings)The King Code series, which debuted in 1994, has now reached its fourth edition with the release of King IV. The Code is advantageous because it helps to encourage openness and accountability inside firms. It also gives direction on how to deal with…View the full answer


consume Legal Ltd (‘cl’) Is An Unlimited Liability Company Listed On The Extended Essay Help Biology


Consume Legal Ltd (‘CL’) is an unlimited liability company listed on the ASX and provides class action services for consumers that have been subjected to unconscionable commercial practices under the Australian Consumer Law. There are thirteen directors on the board of CL. Sam, Mandy, Steve and Brit are executive directors with law degrees, and the other nine directors are non-executive directors without law degrees.

The board is advised by the law committee, which was set up to assess the financial viability and worthiness of all proposed class actions. Recently, the law committee prepared a report with a recommendation to the board to authorise a class action against the major banks in Australia. This recommendation was in response to poor bank practices alleged in a recent ASIC investigation.

Whilst the committee’s report recommended that CL pursue a class action against the banks in the executive summary, the report warned not to commence a class action until after the conclusion of the ASIC investigation. The board failed to read the entire report and resolved to commence a class action against the banks before the conclusion of the ASIC investigation.

The final report of the ASIC investigation concluded that the allegations of poor banking practices were false, and the Australian Government passed legislation to legally protect the banks from any Australian Consumer Law breaches. CL spent $5 million on the class action, and shareholders are now angry that this money was wasted unnecessarily.

Advise the board of CL on whether any of the directors have breached their
directors’ duties. In your answer, refer to any potential defences and consequences for the directors.

pls use any Australian case or legislation




an Investor Earns $140009 In The 2021/22 Tax Year. She Purchases Shares Argumentative Essay Help


An investor earns $140009 in the 2021/22 tax year. She purchases shares worth $4928 on 28 June 2021 and sold them for $10075 on 18 January 2022. What is her income tax payable, including capital gains tax, but excluding the 2% Medicare surcharge?
a.$38823


b.$38775


c.$39775


d.$37823




Current Court System

History Assignment Help e. State and Federal), rather, we have 51, because each State has its own system and then there is the Federal system.  Discuss two pros and two cons of our current court system and then detail how having 51 “systems” may impact the idea of equality under the court of law in your opinion. Be sure to use resources to back up your opinion.


you Are Working With A New Client That Has Complex Health Issues College Essay Help Los Angeles


You are working with a new client that has complex health issues requiring intensive on-going health care and treatment. Mila is forty-six years old, she has down syndrome.
Mila has also been assessed as having an intellectual disability and due to her age has complex health care concerns as part of normal ageing associated with Downs Syndrome.
Mila has Type 2 Diabetes, and is very overweight, she wears hearing aides and glasses. During a regular check-up it was identified that Mila has a cataract in her left eye.
Mila also has high blood pressure with congenital heart disease. Mila’s physician is monitoring her as well for Alzheimer’s.
Mila has always from a small infant had problems with thyroid dysfunction. Mila was diagnosed as having has Celiac Disease a few years ago. Mila also has chronic skin rashes, dry skin and dermatitis.
At times Mila has experienced incontinence due to a combination of factors associated with body mass and natural ageing associated with Down Syndrome and the possibility of Alzheimer’s.
1. List the body systems and organs associated with Mila’s diagnoses and health conditions.
2. Discuss the steps you will take as a care worker to assist the Mila to maintain her overall health and wellness.


note: Answers Must Be Original And Not Copied On The Internet Or Essay Help Tips


NOTE: ANSWERS MUST BE ORIGINAL AND NOT COPIED ON THE INTERNET OR ANY GOOGLE WEBSITES, MUST BE DIGITALIZED BECAUSE I AM HAVING A HARD TIME SEEING MESSY HANDWRITING
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1: List Advantages And Disadvantages Of Why Is Youtube Live Shopping College Essay Help Free


Question 1: List Advantages and Disadvantages of why is YouTube Live Shopping the best platform for live social commerce.

Question 2: Why is Youtube Live Shopping better than TikTok Live Stream Shopping? List 5 points advantages that Youtube live shopping is better


there Are Over 18,000 Law Enforcement Agencies In The United States Operating Essay Help Service


There are over 18,000 law enforcement agencies in the United States operating at the local, state, and federal levels. Used the selected law enforcement agency and provide information on each of the following factors:
Agency name: Computer Crime and Intellectual Property Section (CCIPS)
Location
Agency size/number of sworn officers;
Responsibilities specific to that agency (i.e., what are the primary day-to-day responsibilities of the law enforcement officers in that jurisdiction)
Examples of the ways that the agency communicates with the public and other police agencies
The post should be in complete sentences and NOT bulleted lists. Do Not copy and paste text from the agency’s website into the post. You must include a cite for your source(s).

theguardian.com/technology/2017/jun/20/uber-ceo-travis-kalanick-resigns from a different news source. The NY Times link won’t allow you to read without subscribing. The Associated Press.

theguardian.com/technology/2017/jun/20/uber-ceo-travis-kalanick-resigns from a different news source. The NY Times link won’t allow you to read without subscribing. The Associated Press. (2017). Travis Kalanick resigns as CEO of Uber. Retrieved at: https://www.nytimes.com/2017/06/21/technology/uber-ceo-travis-kalanick.html Instructions:It’s June 21, 2017 and you just started in the Communications Department at Uber. Today, the company announced its Chief Executive Officer Travis Kalanick is resigning. Please read the background article for information as to why this is happening.Your boss, the Vice President of Communications, has asked you to contact the following groups of people and update them on the situation:                * Uber drivers                * Investors in the company                * CustomersThere is a lot of new information and not all of it may be relevant for each audience. Here is a high-level summary of what is going on at the company both currently (as of June 2017) and earlier this year. It is based off the article.1. Last week the attorney general of the US published a report about Uber saying the company faced systemic problems with sexism in the workplace. Uber fired one of its top executives after this report came out and Kalanick said he was taking a leave of absence from the company.2. Several of the top positions at Uber are currently not filled.3. Investors sent Kalanick a letter demanding his resignation as CEO. He still remains a major shareholder in the company and on the board of directors.4. Uber is under a federal criminal investigation because of software it desgned which allegedly misleads local regulators seeking to impose municipal tax law regulations on the company.5. Uber paid $2 million to settle Federal Trade Commission allegations that it had overstated driver earnings. The company admitted to miscalculating driver pay in the New York area.6. A video of Kalanick lecturing a driver surfaced online and the  then CEO had to publicly apologize for his words.7. In 2016, Uber lost $2.8 billion and in the first three months of 2017, it had lost $708 million.Answer the questions below to update each of the groups of people based on the information provided in the assignment description. Please write in full sentences and proof-read your work. Aim for 50 – 100 words per section. No independent research is required and citing your sources is not necessary for this assignment.I. Uber Drivers:a. Describe the audience. What characteristics do they have relevant to the communication?b. What is the purpose of communicating with this audience?c. What piece of information (based on the information provided) are the most important to this audience and why? (You can use the numbers to make describing the new information easier).d. What form of communication or channel is the most appropriate in this circumstance? Explain your answer.II. Investors in the company:a. Describe the audience. What characteristics do they have relevant to the communication?b. What is the purpose of communicating with this audience?c. What piece of information (based on the information provided) are the most important to this audience and why? (You can use the numbers to make describing the new information easier).d. What form of communication or channel is the most appropriate in this circumstance? Explain your answer.III. Customersa. Describe the audience. What characteristics do they have relevant to the communication?b. What is the purpose of communicating with this audience?c. What piece of information (based on the information provided) are the most important to this audience and why? (You can use the numbers to make describing the new information easier).d. What form of communication or channel is the most appropriate in this circumstance? Explain your answer.


use The Following Passage And Your Knowledge Of History To Answer The Essay Help


Use the following passage and your knowledge of history to answer the next three questions.
To sum up: Since Scripture everywhere proclaims Christ categorically and antithetically, as I said, and thereby subjects all that is without the Spirit of Christ to Satan, ungodliness, error, darkness, sin, death and the wrath of God, every statement concerning Christ is a direct testimony against “free-will.” And such statements are innumerable; indeed, they constitute the whole of Scripture. If, therefore, we conduct our argument with Scripture as judge, the victory in every respect belongs to me; for there is not one jot or tittle of Scripture left that does not condemn the doctrine of “free-will”! . . .
Now, my good Erasmus, I entreat you . . . to keep your promise at last. You promised that you would yield to him who taught better than yourself. Lay aside respect of persons! I acknowledge that you are a great man, adorned with many of God’s noblest gifts—wit, learning and an almost miraculous eloquence, to say nothing of the rest; whereas I have and am nothing, save that I would glory in being a Christian. Moreover, I give you hearty praise and commendation on this further account—that you alone, in contrast will all others, have attacked the real thing, that is, the essential issue. You have not wearied me with those extraneous issues about the Papacy, purgatory, indulgences and such like—trifles, rather than issues—in respect of which almost all to date have sought my blood (though without success); you, and you alone, have seen the hinge on which all turns, and aimed for the vital spot. For that I heartily thank you; for it is more gratifying to me to deal with this issue, insofar as time and leisure permit me to do so. If those who have attacked me in the past had done as you have done, and if those who now boast of new spirits and revelations would do the same also, we should have less sedition and sects and more peace and concord.
Source: Martin Luther, On the Bondage of the Will, 1525, a reply to arguments made by Erasmus about the role of free will and good works in salvation in his work the previous year, On Free Will.

What did the author consider to be the essential issue in this document and in his view of doctrine in general?
1) sacraments
2)indulgences
3)purgatory
4)salvation



has Gender Equality Been Achieved?¹for Many Americans, Equality Between The Genders Is Descriptive Essay Help


Has Gender Equality Been Achieved?¹For many Americans, equality between the genders is a shared, if not given, value. ²Nevertheless, the statistics show that Americans differ on whether enough has been done to achieve balanced opportunities between men and women. ³A greater number of women than men believe that equality has not been achieved, and the data suggest women are right. ?Equality has not been achieved in the workplace, where a woman makes 77 cents for every dollar a man makes according to the Department of Labor statistics. ?Also, the median annual earning for full-time, year-round women workers in 2010 was $36,931 compared with men’s $47,715. ?In addition to the workplace, women also have less of a voice in government. ?Women constitute about 51% of the population, but they hold only 17% of the seats in Congress, which suggests that balance has not yet been achieved in this sphere either.


Which sentences in the paragraph repeat the key word to create coherence? Check all that apply.
Sentence 2
Sentence 3
Sentence 5
Sentence 4


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