: 1- How does the corporate governance and financial reporting related to each other In your field work organization ?
2-What are the ethical issues in the system of corporate governance in the UAE banking industry?
3-what are examples/evidence of corporate governance in UAE organizations? And add 2 more
What are countercultures? Countercultures are bunches that reject the real esteems, standards, and practices of the bigger society and replaces them with another arrangement of social examples (Thomas). A counterculture discovered essentially in china, yet in addition internationally are the Triads. At first, the reason for the ternion amass began off as an energetic development, yet later transformed into a counterculture. Some place along their battle for patriotism the lines of equity obscured and the Triad bunches swung to wrongdoing (Blundy). Birthplaces of the Triad social orders go back to the seventeenth century. Military craftsmen (Hung Mun's) wanted to reestablish the Ming administration in this way, they looked for their answer by endeavoring to oust the Qing tradition (Blundy). Notwithstanding, their upset finished futile. As indicated by the Wing Chun Kung-Fu Association this development began on the grounds that the Ming's political and financial power started to disappear through nonstop fringe fighting. The Qing, previous partners of the Ming, had developed so much political power that they controlled the vast majority of the common domains held by the previous Ming Emperor. Remaining survivors of the Ming tradition either fled or migrated in various territories, particularly for 5 young people: 4 young men and 1 young lady that would prepare at Fukien Si Lum Temple. The five adolescents would later be known as the "Five Elders of Sil Lum." The "Five Elders" covertly prepared supporters in the specialty of Kung-Fu, prompting the beginning of mystery infamous social orders, which we now know as the "Sets of three." During this time the Qing had an expanding familiarity with fanatic assaults; before long, in their eagerness, the Qing armed forces consumed and crushed cloisters and sanctuaries including the Sil Lum Temple. The Five Elders went in camouflage after the demolition of the Sil Lum Temple for eighteen months be that as it may, dissension developed among the older folks and they soon battled each other. As disappointment developed Jee Shin tested Bak Mei to a combative techniques duel, however at last Jee Shin kicked the bucket. Stun undulated among alternate older folks, in rage, Mew Hin additionally battled with Bak Mei, however met an indistinguishable destiny from Jee Shin. Fung Doe Duk was by challenge Bak Mei. Regardless of being firmly coordinated Doe Duk conveyed a compound break to Bak Mei's foot which would later slaughter him. After the battling, Fung Doe Duk and Ng Mui, the final older folks, separated on various ways to educate their own particular types of combative techniques; Ng Mui who might instruct the Dragon-Tiger framework (Wing Chun Kung-Fu Association). Routine with regards to the hunched Dragon-Tiger framework additionally prompted portrayal of one of the Triad images: the red mythical beast. Ethnocentrism is described by the conviction or disposition that one's own gathering is prevalent (Mish). Ethnocentricity applies to the Triads since society (the standard) sees this gathering as a counterculture because of the kind of connection between the individuals and the sort of customs, rules, and so forth to make and keep up that connection between each other. As per Rachel Blundy in the Law and Crime area of the South China Morning Post as gatherings framed, individuals were relied upon to see each different as "kindred spirits." Significance of calling each other "kindred spirits" prompted the manner of thinking that the bond between outsiders was much the same as that of family if not predominant in light of the fact that dedication was both being given and got. This was expanded by the structure of chain of command in the Triads; which, likewise prompted the implementation of principles, desires, and leads for every part to take after (Blundy). In the Illuminating Lantern, Nepstad composed thata renowned govern for new individuals was a start promise known as "36 pledges. Amid start every part would present the "36 vows," swearing their regard and faithfulness just to each other and the Triad gathering. On the off chance that, in any capacity, any of the promises are broken then that part might confront discipline by 5 thunderbolts or a horde of swords (Nepstad). Penances are additionally separated of start functions, a chicken is normally butchered and its blood is depleted into a container for drinking (Nepstad). On the off chance that different societies or individuals were to view this service they would be disturbed, yet this is the manner by which the Triads show and inspire ethnocentrism; through the strict principles of lead, which is particularly expressed in the promises and their staggering customs. In spite of the fact that this isn't of the standard in the way of life of the bigger society it is a training that characterizes the Triads as a counterculture and increases this training as something that is basic just to their way of life and conduct. Social relativism is the conviction that a culture ought to be judged by their own norms and not by the guidelines of different societies (Thomas). For this situation, in spite of the fact that the Triads are a subculture they are otherwise called a counterculture since they dismiss the acts of the bigger society and replaces them with another arrangement of social examples by taking an interest in criminal conduct. Because of an expansion of Triad individuals there has likewise been an ascent in criminal exercises; Hong Kong has devoted a police division particularly for Triads known as the Organized Crime and Triad Bureau with a specific end goal to deal with this issue (Blundy). Three fundamental Triad bunches that have the biggest measure of devotees or impact, particularly in Hong Kong, are Sun Yee On, 14K, and Wo Shing Wo (Blundy). In an expected enrollment of 20,000 Triad individuals around 2000 would really be "dynamic" in criminal conduct (Nepstad). As indicated by Blundy from South China Morning Post such conduct incorporates tranquilize trafficking, which is a noteworthy wellspring of salary for the gatherings. The vast majority of the medication being trafficked are opium, heroin, and cocaine. Other criminal exercises that the Triad bunches take part in are misrepresentation, coercion, betting, cash, washing, and prostitution (Blundy). As of late Triad individuals have swung to charge card extortion, minibus concessions, call-young lady rings, and PC programming and CD pilfering (Hays). Actually, I do trust that the Triads are a counterculture since societies in the present society, despite the fact that they change, don't partake, in any capacity, in criminalist conduct like the Triads do. A general or principle objective for the way of life of the bigger society is to have a vocation work, which helps gives a consistent salary. Be that as it may, in the view purpose of social relativism the Triads are a counterculture that showcases ethnocentrism since they have no employments and they invest their free energy taking part in criminal exercises to increase filthy cash in light of shots and dangers while taking a chance with their First Amendment rights and freedom. Additionally, the way that Triads will hazard their rights demonstrates ethnocentrism since they have the conviction that they are exempt from the laws that apply to everyone else. Though, legitimate residents would not have the capacity to perform such activities since they esteem their rights and opportunity. The Triad bunches have been a counterculture since the beginning of the Qing tradition to our present date; their activities that characterizes them as a counterculture don't appear to improve if not more awful and will proceed with their heedless, criminal conduct.>GET ANSWER