Corporate Governance Benchmarking

Running head: CORPORATE GOVERNANCE BENCHMARKING Corporate plaque Benchmarking University of Phoenix Corporate Governance MMPBL 570 November 30, 2009 Corporate Governance Benchmarking McBride Financial Services Inc. is a low cost mortgage provider located in Boise, Idaho, Montana, Wyoming, as well as North and South Dakota. Recently, Beltway Investments became the bulk investor in McBride Financial Services, Inc. As a result, McBrides chief operating officer needs the board of directors collaboration while setting up internal administration controls and ensuring proper auditing. To secure that corporate governance benefits the caller-out and investors, McBrides CEO needs to consider benchmarking. Thus, the authors of this paper examine the benchmarking of Adelphia Communications, Tyco, Calpine Corporation, and Tyson Foods to help develop best practices for McBride Financial Services, Inc. Accordingly, rattle on and Gillan (2005) state, The role of top management is no longer unless control and coordination; it is anticipating, leading, and managing change and articulating the rationale for such change to employees (p. 2). Hence, the escape of corporate governance could not be demonstrated discontinue than the rise and fall of Adelphia Communications.

Adelphia Communications was at one conviction the fifth largest cable provider in the United States. The company was controlled by John Rigas, the founder of Adelphia, and his family; they controlled 60 percent of the rack up voting shares. The family considered Adelphia funds their own personal funds and dog-tired them lavishly on everything from airplanes to professional sports teams. When all was finally revealed, the Rigas family certain $3.4 billion in loans from Adelphia. The company eventually filed for bankruptcy and was divorce up in a buyout by Time Warner personal line of credit and Comcast (Comcast, 2006). McBride Financial Services, Inc. (MFSI) is a small company controlled by McBride, the CEO. He is looking to move to the next... If you want to get a effective essay, order it on our website: Orderessay

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