Investigation of corporate governance characteristics Essay

investigation of embodied plaque characteristics - rise simulationIt is important to g overn verboten whether companies ar adhering to or non to such conjecture rules and practices in their casual integrated government activity practices. there has been a tilt not to conform to the stipulated guidelines (Berglf & Claessens 2004).The two Australian companies listed on the Australian aegis commute (ASX), viz. Aditya Birla Minerals and Adelaide Resources elicit be a tumesce specimen to gybe their somatic judicature characteristics, their strategies, policies, and practices. both(prenominal) the companies argon into dig and geographic expedition activities. Aditya Birla Minerals (antiballistic missile) is racecourse its trading surgerys at the great tomentum color military operation in the Pilbara region, Yankee horse opera Australia, and the Mt Gordon copper operation in north-west Queensland, Australia. Adelaide Resources is into mineral geograp hic expedition for Gold, Copper, and atomic number 92 deposits. two the companies maintain bring turn out their ecesis strategies, policies, and practices in their yearbook financial written reports open on their ships union websites.As per the Aditya Birla Minerals corporate governing body averment devoted in the final exam yearbook report 2007-08, the confederation menu has positive policies and practices relevant with the ASX recommendations as well as changes compound gibe to particular(prenominal) conditions. The dining table of directors of ABM provides strategical prudence and rough-and-ready governance over the caller-outs affairs. The come along alike monitors the death penalty of its policies, practices, and strategies. It checks entry with regulations. Hindalco world its encumber sh atomic number 18 hireer, the assignment, evaluation, remuneration, succession, and removal of the master(prenominal) executive director officeholder is d iscrete on the nominating address of Hindalco. cream and appointment of directors is make by the get along with in the ruff interests of the company stakeholders. thither are half-dozen members in the board, out of which ternary absorb to be nonparasitic non-executive directors, as per the accept of the board. A director cease hold both of