Corporate governance board in an organization operates via the Essay

Corporate governance board in an organization operates via the different members of board of directors - Essay Example The aim of this paper is to illustrate the working of corporate governance by means of the literature review. Corporate governance rules are settled by the directors who give rules and regulations for the firm to move it in a specific direction to achieve different goals. Corporate governance actually gives rules for internal control of the firm. This literature review shows different views on corporate governance of various scholars i.e. the point of generation of this idea and its history. The paper then elaborates on the principle of corporate governance and their responsibilities; two distinctive models are described for corporate governance, which are used all over the world. These models clearly defines that why the firms in the United Kingdom are not as powerful as in United States. The reason is provide latterly in the paper by showing different examples of United States industries that actually fails because their corporate governance was unable to work. Then what are corpor ate governance model used by the Asian companies are provided. The paper uses three different examples to show that either corporate governance work or not. ... The last section is the few lines defining the conclusion taken from over all paper. The paper uses the examples of real firms that show that either corporate governance work or not. These real examples show that how their corporate governance works so that we can conclude that either the concept of corporate governance work or not. Corporate governance concept does work but it all depends on the individual forming the board of director or corporate governance. Corporate governance ideology does work and that is the reason that why the top firms are still working. The best direction and decision making system is the only reason that works and all these are provided by corporate governance. The paper not only shows that the either corporate governance work or not rather it also provide that how corporate governance work. The examples of real firms that are taken to elaborate the aim of paper will clearly define that how their corporate governance working for the success of the firm. Fro instance, the example of Cadbury shoes that their corporate governance decided to separate the confectionery firms from the beverages firms and this decision really works and the firm actually gain profits. Different statistical data of the companies are provided by the paper that shows that impact of decision making and regulation provided by corporate governance. The approach to literature review is made by the use different scholarly piece of work. Different books are used to elaborate the topic and scholar's journals are sued to seek the issue discussed by this paper. Moreover, the paper uses the real firm's data showing the actual and real evidences that either the corporate work or not. This data is taken from different

Make solar energy economical Essay Example | Topics and Well Written Essays - 1500 words

Make solar energy economical - Essay Example Solar energy technology is faced with engineering challenges however there follow ways of making it more efficient in its production, storage, and use. For example, most of solar cells today that is used for commercial purposes are highly made of silicon that converts electricity from sunlight, with less percentage of efficiency due to high manufacturing costs. Due to use of silicon material the cost of electricity production is three times higher which makes the engineering pauses need for cost-effective cells with low manufacturing costs (Simon, 2007). The current standard cells provide thirty-one percent efficiency due to use of silicon materials. Use of new materials for production by multilayer cells can increase the efficiency. There are also other ways of enhancing the efficiency of solar energy which includes the development of nanotechnology. This is the development of engineering structures which are effective compared to the use of molecules and atoms. This makes them effe ctive because one nanometer is equal to a billionth of one meter. Use of other materials like lead and selenium elements in the making of the cells which make a nanocrystal which is more cost effective and more efficient. With the use of standard cells, there is the production of excess heat when a photon releases an electron to carry the electric charge which makes it ineffective and inefficient enough. On the other hand use of nanocrystals made of selenium and lead elements produces extra electrons instead of heat.