Dalek plc is a mining company based in country H. It has recently seen its share price fall after several scandals, including fraud in its accounting department and public protests against damage caused by the company to legally protected woodlands in country H. Sarah Jane, who is CEO and Chairman of Dalek, has resisted calls for improved corporate governance, stating that 'Country H only has a principles-based system of corporate governance, which is pointless as it means company directors can just do whatever they like. I also won't accept non-executive directors on my board. All they do is get paid - they have no influence over the decisions made by the board.' Question: In the context of Dalek plc, critically discuss the statements made by Sarah Jane and explain the potential benefits to Dalek of improving its corporate governance.
Dalek plc is a mining company based in country H. It has recently seen its share price fall after several scandals, including fraud in its accounting department and public protests against damage caused by the company to legally protected woodlands in country H. Sarah Jane, who is CEO and Chairman of Dalek, has resisted calls for improved corporate governance, stating that 'Country H only has a principles-based system of corporate governance, which is pointless as it means company directors can just do whatever they like. I also won't accept non-executive directors on my board. All they do is get paid - they have no influence over the decisions made by the board.' Question: In the context of Dalek plc, critically discuss the statements made by Sarah Jane and explain the potential benefits to Dalek of improving its corporate governance.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
Related questions
Question
![Dalek plc is a mining company based in
country H. It has recently seen its share
price fall after several scandals, including
fraud in its accounting department and
public protests against damage caused by
the company to legally protected
woodlands in country H.
Sarah Jane, who is CEO and Chairman of
Dalek, has resisted calls for improved
corporate governance, stating that
'Country H only has a principles-based
system of corporate governance, which is
pointless as it means company directors
can just do whatever they like. I also won't
accept non-executive directors on my
board. All they do is get paid - they have
no influence over the decisions made by
the board.'
Question:
In the context of Dalek plc, critically
discuss the statements made by Sarah
Jane and explain the potential benefits
to Dalek of improving its corporate
governance.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F98fdc1e3-416c-49e2-9808-872164c20a53%2Fa07d144e-c1fc-4017-936f-f6c14f41a44b%2Fc8ez1d_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Dalek plc is a mining company based in
country H. It has recently seen its share
price fall after several scandals, including
fraud in its accounting department and
public protests against damage caused by
the company to legally protected
woodlands in country H.
Sarah Jane, who is CEO and Chairman of
Dalek, has resisted calls for improved
corporate governance, stating that
'Country H only has a principles-based
system of corporate governance, which is
pointless as it means company directors
can just do whatever they like. I also won't
accept non-executive directors on my
board. All they do is get paid - they have
no influence over the decisions made by
the board.'
Question:
In the context of Dalek plc, critically
discuss the statements made by Sarah
Jane and explain the potential benefits
to Dalek of improving its corporate
governance.
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Understanding Business](https://www.bartleby.com/isbn_cover_images/9781259929434/9781259929434_smallCoverImage.gif)
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
![Management (14th Edition)](https://www.bartleby.com/isbn_cover_images/9780134527604/9780134527604_smallCoverImage.gif)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
![Spreadsheet Modeling & Decision Analysis: A Pract…](https://www.bartleby.com/isbn_cover_images/9781305947412/9781305947412_smallCoverImage.gif)
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
![Understanding Business](https://www.bartleby.com/isbn_cover_images/9781259929434/9781259929434_smallCoverImage.gif)
Understanding Business
Management
ISBN:
9781259929434
Author:
William Nickels
Publisher:
McGraw-Hill Education
![Management (14th Edition)](https://www.bartleby.com/isbn_cover_images/9780134527604/9780134527604_smallCoverImage.gif)
Management (14th Edition)
Management
ISBN:
9780134527604
Author:
Stephen P. Robbins, Mary A. Coulter
Publisher:
PEARSON
![Spreadsheet Modeling & Decision Analysis: A Pract…](https://www.bartleby.com/isbn_cover_images/9781305947412/9781305947412_smallCoverImage.gif)
Spreadsheet Modeling & Decision Analysis: A Pract…
Management
ISBN:
9781305947412
Author:
Cliff Ragsdale
Publisher:
Cengage Learning
![Management Information Systems: Managing The Digi…](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780135191798/9780135191798_smallCoverImage.jpg)
Management Information Systems: Managing The Digi…
Management
ISBN:
9780135191798
Author:
Kenneth C. Laudon, Jane P. Laudon
Publisher:
PEARSON
![Business Essentials (12th Edition) (What's New in…](https://www.bartleby.com/isbn_cover_images/9780134728391/9780134728391_smallCoverImage.gif)
Business Essentials (12th Edition) (What's New in…
Management
ISBN:
9780134728391
Author:
Ronald J. Ebert, Ricky W. Griffin
Publisher:
PEARSON
![Fundamentals of Management (10th Edition)](https://www.bartleby.com/isbn_cover_images/9780134237473/9780134237473_smallCoverImage.gif)
Fundamentals of Management (10th Edition)
Management
ISBN:
9780134237473
Author:
Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
Publisher:
PEARSON