Company Law Essay Example | Topics and Well Written Essays - 1000 words - 4

Company Law - strive ExampleThis is because ethical policies and codes of practice may notwithstanding be seen as guidelines and at any presumption time, a company or a member of the board may do what is more advantageous to them rather than to do what is most ethical. If policies were enough to manage corporate governance, there would be no contend for governments and regulatory bodies to make the laws necessary to keep corporate and personal greed in check. For instance, milieual debasement is a very important topic for the world today and governments as well as non political organisations are looking at various ways and means by which they can help the environment (Green, 2005). However, corporations often ca-ca to be forced through regulations and laws to minimize their impact on the environment (Schulte, 2006).Had a code of practice which encourages social responsibility been enough, no board member of a company could have agreed to a policy of the company which damages the environment regardless of the profits that could be made. It is only when the profits of a company are at risk when it can be made to follow out the rules of good corporate governance. For example, Apple Inc. was forced to change the packaging for its famous iPod since Greenpeace objected to the amount of waste hooey that came with the iPod. Fearing angry customers, Apple altered the packaging to make environmentally friendly (Planque, 2006)When Steve Jobs (the CEO of the company) launched a forward-looking version of the product he focused on the subject and said, Weve got some vernal packaging for the new Nano as well. And its 52% less volume. This turns out to be an environmentally great thing. Because it dramatically reduces the amount of fogy fuels we have to spend to move these things around the planet (Planque, 2006, Pg. 1). Of course, Apple could have changed the packaging and made it environmentally friendly from the start but only a threat of lost sales moved it to do so.