The Negative Effects of Media on Sports in Usa - 4279 Words

The Negative Effects of Media on Sports I. Media and Sports Introduction A. John Wooden Quote B. The tendencies of the media THESIS: The media must take significant strides towards reforming the way they portray sports to change the current system of altering the ideals of athletes and diminishing the prestige of modern sports. II. History of media in sports III. Publication of shameful actions A. Celebrations B. Commercials C. XFL IV. Multimedia A. Cable Networks B. League and team-owned channels C. Video Games D. Fantasy sports V. College and amateur athletics A. Teenage phenoms B. False views of success C. Antitrust Law D. BCS bowls VI. Sex and media A.†¦show more content†¦During the transition into the new millennium, a number of factors including new technology, sports personalities, and originality of new fans, led to the media destruction of modern sports. The media changed professional and amateur athletics into businesses rather than into moralistic entertainment while disgracefully exploiting higher education and individuals in the sporting world. The press has also produced a new set of ideals and attitudes in the fans and players of popular sports (Torr 49).What began in the transition to the new millennium is now an ever-occurring phenomenon that plagues the wide world of sports. While it is true that the media occasionally broadcasts stories of unlikely successes and cordial charity, it consistently publicizes the most shameful and less copious actions of certain athletes and leagues. One of the most prolific examples derives from the National Football League, which has a substantial problem with regulating touchdown celebrations and dances. Rather than help control the problem, the media feels the need to emphasize the celebrations more so than the actual plays. Athletes have engaged in line dances, dice rolling, fake photo shoots, air guitar playing, and many other imprudent dances and actions. The most notable occasions (thanks to the media) include: Joe Horn removing a cell phone from theShow MoreRelatedThe Impact Of Social Status On Sports And Physical Activity1362 Words   |  6 Pagesaccess, equity and equality in sport and physical activity. The more common name it is called by is Figueroa’s Framework. The framework is constructed over five separate levels: individual, interpersonal, institutional, structural and cultural. All of these areas are used to explore the ways in which inequities challenge the area of sport and physical activity. They show the different functions that reinforce, create, remove and eliminate barriers and inequities within spo rt and physical activity. TheRead MoreRole Of The Media And Government1570 Words   |  7 Pagesassignment will analyse the role of the media and government in sports. Nowadays the media have playing a fundamental role in the sports. The 2000 UEFA Champions League football final between Real Madrid and Valencia was involved 300 hours of coverage world-wide, was be seed in more than 200 countries, using 100 television channels and 80 broadcasters. In March 2004 the IOC began the bidding process for the European TV rights to cover the 2012 and 2010 Olympic Games. The USA bidding process had already beenRead MoreWomen Discrimination In Sports1572 Words   |  7 PagesDiscrimination in Women Sports Women have always been the minority in today’s world whether that’s in the work force or even in sports. Title IX a act that was made by the United States Congress in 1972 that said that no one should be denied to play, receive financial aid, or discrimination to any education program or activity that pertains to only one sex. (Senne 1) This act was a step towards more female participation and less discrimination, but those stereotypes most of society believes in stillRead MoreStereotypes Of The American Indian Mascot1206 Words   |  5 PagesThe United States of America has over two-thousand sport organizations that portray the American Indian people as a mascot. Ninety-two percent of these sport organizations are high schools, which means roughly around eight percent of high schools have the American Indian mascot in some form (FiveThirtyEightSports). Frankly, this is an unacceptable statistic.This promotes racist mental images from a young age, and can lead many ge nerations to recycle this outdated representation of Natives. One mightRead MoreThe Role Of Women In Sports1541 Words   |  7 Pagesforce or even in sports. Title IX, an act that was made by the United States Congress in 1972, said that no one should be denied to play, receive financial aid, or discriminate to any education program or activity that pertains to only one sex (Senne 1). This act was a step towards improving female participation and lessening discrimination, but the stereotypes that most of society believes in still exist. This is one of the main reasons why women are discriminated when it comes to sports; by limitedRead MoreCelebrity Endorsement Marketing Campaigns1497 Words   |  6 Pagescelebrity endorsement can have an impact on the consumer’s attention, recall, evaluations and purchase intentions (Atkin and Block, 1993), Celebrity endorsement is a widely used tactic in marketing and much research as been done on the selection and effects of celebrity en dorsement. Companies should use celebrities to endorse their products as a form of marketing to assist companies in advertising to consumers.. Celebrity endorsement is today more and more viewed as an integral part in an integratedRead MoreTitle Ix Essay1613 Words   |  7 PagesNigel Liaw Mr. Gobrail English 3-5A 27 March 2006 A Change in History for Women Women presently play a huge part in daily activities whether it is at school, sports, or work. Over the past three decades, women have gained many rights and privileges that men have had for half a century or longer. Gaining these rights and privileges has allowed women to play important roles in todays society. One of the most debated issues between men and women is Title IX. This issue has created controversialRead MoreMascots : An Honor Or An Insult?1352 Words   |  6 Pageshonor or an insult? The idea of using Native American names and images in sports has been a topic of public controversy in the United States since the 1960’s. Sports mascots that continue to promote racial, cultural, or bias slurs should be changed so that racial discrimination can be stopped and everyone can be treated equally/fairly. In today’s society, there is no room for racism or stereotypes especially in sports; an activity that is supposed to bring people together to support and celebrateRead MoreThe Travails of Nike1390 Words   |  6 PagesWeek 4 Syndicate Report: The Travails of Nike INTRODUCTION Nike, Inc. is a world’s leading supplier and a major manufacturer of athletic shoes and sports apparel. It was founded on January 25th, 1964 as Blue Ribbon Sports by Philip Knight and Bill Bowerman. It officially became Nike, Inc. in 1978. Currently their brands include Nike Golf, Nike Pro, Nike+, Air Jordan and Nike Skateboarding, while their subsidiaries are Cole Haan, Hurley International, Umbro and Converse. During this stage, theRead MoreNegative Effects Of Sports1669 Words   |  7 PagesYouth sports are an incredibly healthy way for kids to grow and release energy. Children in preschool can begin to take part in sports like dance and soccer, and as they grow older, the lists of sports gets longer. However, there are negatives of sports that are often not talked about by parents, coaches, schools, or the media. As a result, stigmatization occurs, leaving children struggling with sports to suffer alone. With youth sports, elevated levels of stress occur, and as a consequ ence, mental

Prohibition and the Effect on America - 756 Words

From the beginning of the 20th century multiple political organizations and the federal government have fought to control alcoholism in America. I chose to do prohibition because the fact that the action taken by the federal government in order to form a better society has led to an explosion of criminal offences in the past as well as today. The effects of prohibition consistently offer a hand in the shaping of American culture. Full-fledged black markets and organized crime groups both offset the supposed benefits of prohibition. Today, teenagers often turn to the underage consumption of alcohol to make them seem â€Å"cool,† or as a form of rebellion against parental and governmental authorities. The temperance movement acted as a predecessor to the prohibition of alcohol in the 1920’s. The temperance movement relied heavily on the efforts put forth by the Women’s Christian Temperance Union (WCTU) and the Anti-Saloon League. The WCTU lead thousands of women u nited against alcohol to make great pushes against alcoholism; they introduced an anti-alcohol education into schools, and led protests for laws regulating and banning alcohol. The Anti-Saloon League used â€Å"the saloon must go† as the war cry of their â€Å"moral crusade† against the production, sale, and consumption of alcoholic beverages. Both groups blamed alcohol for issues in society, issues in the home, and the wretched living conditions found in the immigrant slums. Together these two groups pushed America intoShow MoreRelatedProhibition And Its Effect On America906 Words   |  4 PagesIn 1920 prohibition started in the United States, this was a legal act that outlawed the manufacturing, transport and sale of alcohol. Though this law only lasted till 1933 it had an extremely large impact on America while it was still in place. It is important for the people of America today to learn about prohibition in order to prevent causing the problems that prohibition created then in today’s society. While the intention of the ban of alcohol was meant to be a good thing it did not turn outRead More absolut Failure Essay1685 Words   |  7 PagesThe social changes during this period are reflected in the laws and regulations that were implemented. One of the most prominent examples of this was prohibition. The 18th Amendment to the Constitution, or the Volsted act as it is also know, was implemented to eliminate the use of alcohol in the United States. In doing this, the advocates of prohibition hoped to also eradicate the social problems associated with alcohol. â€Å"It was an attempt to promote Protestant middle-class culture as a means of imposingRead MoreThe Causes of Prohibition (America 1920s)848 Words   |  4 PagesWhy was prohibition introduced in America in the 1920? When federal prohibition was introduced in America with the 18th Amendment to the constitution in 1919 and the Volstead Act in 1920, it was often termed ‘The Nobel Experiment’. It didn’t take long for most people to recognise that the experiment had gone terribly wrong and that it was fostering what it was supposed to eradicate, crime, excess and corruption. But the question is why it was introduced in America in 1920 and to understand thisRead MoreThe Negative Impact of American Prohibition1632 Words   |  7 Pagescalled the Prohibition era.† (Scott, Robert.) Many people called this time â€Å"The Roaring Twenties† and the â€Å"Jazz Age†, new music appeared, along with new dances and a new and exciting era for women. Also, a general relaxation of standards after the stressful years of WWII. (Prohibition.) Prohibition in the 20’s was also called the â€Å"Noble Experiment† by many, because it was America’s first try at the prohibition of alcohol on a national level that many people didn’t agree with. Prohibition has changedRead MoreReligious Communities and The Consumption of Alcohol1338 Words   |  6 PagesThe legislation surrounding the banning of alcohol in America had intent to boost a moral and righteous America however and was not expected to affect the economy however; the country responded in a polar way; corrupting officials, hurting the economy and American people, and even dividing the country and its politics. The Prohibition was put in place to benefit America; to do away with drunkenness and make America more productive and healthy. Although the intentions of the legislations were goodRead MoreEssay on The Introduction of Prohibition661 Words   |  3 PagesThe Introduction of Prohibition Prohibition was introduced in 1920 as part of an amendment to the Constitution of the USA. It was introduced for a variety of different reasons including a wartime concern for preserving grain for food rather than for brewing and distilling. There were also feelings against the German-Americans, who were responsible for brewing and distilling, at a time when America was at war against Germany which also let the Anti-Saloon league influenceRead MoreHistory, Social Factors and Economic Impac of the Prohibition of Alcohol in the United States1490 Words   |  6 PagesThis current paper will examine the history, social factors, and economic impact of the prohibition of alcohol in the United States. Ken Burns and Lynn Novick (2011) delve into the topic of alcohol in America in their documentary Prohibition, and this paper will discuss the events before, during, and after the prohibition of alcohol in the United States. This paper will also relate the prohibition of alcohol to the current drug policies of cocaine in the United States. Alcohol and cocaine wereRead MoreNegative and Positive Effects of Prohibition in Canada1061 Words   |  5 Pagesthe years of 1918-1920 Canada had a brief moment of prohibition. During this period in time drinking alcohol was considered illegal. As a result many negative and positive side effects had taken place in the country. Although the ban of alcohol may have been able to do great good on Canada, the people’s reaction to it completely flipped it around. Although it may have been overall a disastrous idea; Canada still managed to benefit from prohibition just like the United States (maybe even more). AlthoughRead MoreProhibition in the Great Gatsby1355 Words   |  6 Pagesinfluenced by prohibition. The prohibition law restricted the manufacturing, consumption, transportation, and sale of alcohol. The law was put into effect to lower the crime and corruption rates in the United States in the 1920s. It was also said to reduce social problems and lower taxes. In The Great Gatsby, F. Scott Fitzgerald examines the negative repercussions of prohibition on the economy, characters in the Great Gatsby, and on the different social classes of the 1920s. Prohibition was passedRead MoreProhibition Essay1491 Words   |  6 PagesProhibition The 18th amendment, known as prohibition, had America in fits when it was ratified in 1919. The government was hoping to achieve a healthier, efficient society with good morals and a break for women from receiving beatings from drunken husbands. Although the motives behind prohibition were reasonable, it was so corrupted from the beginning that it never could have successfully been carried out. America became a lawless period, and many Americans felt that if they could get away with

Life as We Know It Concept Paper Free Essays

Movie Concept Paper The Movie Life As We Know It stars Katherine Heigl and Josh Duhamel who play the main characters Holly and Messer. These two were brought together when their best friends married and tried to start a life together. Sadly, one year after they had their first baby, Sophie, they were killed in a car accident. We will write a custom essay sample on Life as We Know It Concept Paper or any similar topic only for you Order Now Holly and Messer were left their roles as parents to Sophie. After moving on from the hostile feelings for each other, the three made their own happy family. Within this movie there are concepts displayed that we have discussed in class. A few are motor skills, identity diffusion, identity commitment, triangulation, and Gottman’s â€Å"four horseman of the apocalypse†. Within this paper you will read about each of these five concepts and how they are shown throughout the movie. The first concept is motor skills. In early childhood children usually gain their gross motor skills around the age of two and their fine motor skills take longer to develop. Since Holly was given the role of a mother she started reading books about kids and at what age Sophie should be doing things; walking and talking. She became worried as Sophie was approaching her second birthday quickly and was not showing any signs of either walking or talking. Shortly after expressing these worries to Messer, Sophie stands up and begins to take her first steps. Soon after she wouldn’t stop running throughout the house. This shows Sophie’s gross motor skills developing and allows her to run freely. The definition of identity diffusion is the lack of commitment to who one is and what they stand for. People who fall under this category often do not explore options, do not have a set moral compass, and do not commit. Out of the characters in the movie, Messer fits this description best. Messer does not commit when it comes to relationships. He hooks up with girls and tells them what they want to hear before they part their ways. One point in the movie Messer had a girl stay the night and as they were saying their good-byes he said, â€Å"next time dinner’s on me†. However, he had no intentions to ever call her again. This shows that Messer does not have a good set of morals and he cannot commit to one girl; that is until the end of the movie here he finally commits to Holly. On the other hand, Holly is more on the identity commitment side of the scale. Identity commitment involves having a relatively firm idea of who one is and what they stand for. This type of person also shows exploration and commitment. Holly is committed to her baking business she started all on her own and was immediately committed to Sophie, although it took some adjusting. When Messer and Holly were told they would become the parents of Sophie, Messer was looking for a way out. He was looking into other family members to care for her when Holly offered for her to do it alone. Holly also explores her options for a boyfriend and succeeds in finding one. When Messer leaves for his new job in Phoenix, Holly begins to date Sophie’s doctor and stays with him for a while. Another concept displayed in this movie is triangulation, which is when you have anxiety with one thing or person and focus your attention on something/someone else to avoid your anxiety. Messer and Holly are great examples of this. There is anxiety between the two when Messer is offered his dream job in Phoenix, which Holly does not want Messer to take. While questioning him about this job offer Holly ends up pushing him toward the job. While Messer is gone, she focuses on another guy to get feelings for Messer out of her mind. For Messer, he focuses on his new dream job and tries not to think about the only girl he really has ever loved. This works out for a while until Messer comes home for Thanksgiving and all feelings for each other come flooding back in. In class we talked about how many people argue and all the wrong ways they go about discussions. Well John Gottman discovered the proper way of going about arguments. Within his method there is a time-out section, this is a very important aspect to arguments. When the conversation gets to be out of control it’s best to be alone and come back when you have calmed down. During the time-out you should do something healthy to calm yourself down and then come back to the discussion when you both can talk constructively. In the movie Messer and Holly argue about how they are responsible for Sophie, this is when Messer finally freaks out and says, â€Å"She’s not my kid†. Right after the argument he leaves the house and goes for a drive on his motorcycle. When he gets back Holly shows him a tape of Sophie’s actual parents. This tape shows her real parents arguing over Sophie’s bedroom. By showing Messer this tape Holly tells him that it’s okay that they argue every now and then and they have to mess up. If they don’t mess up then they are not doing it right. This time-out worked very effectively for Messer and Holly. The movie Life As We Know It is a very good example for the concepts we have discussed throughout the semester of class. With Sophie being a very young child you can see her motor skills developing and with Messer and Holly becoming unexpected parents you can see who shows signs of identity diffusion and identity commitment. There are also many moments in the movie where people are arguing which can show the wrong ways to go about an intense discussion and others show a better way to talk constructively. It is important to know and identify these concepts to better yourself and others around you. How to cite Life as We Know It Concept Paper, Essay examples

Evaluation of Code of Ethics and Analysis on Independent Directors

Question: Describe about the Evaluation of Code of Ethics and Analysis on Independent Directors . Answer: 1: The following set of evaluations focuses upon alleviating the ethical dilemma arising as a result of approaches made by the CEO of CCCL in order to manipulates the auditing report prepared for the holding company for the personal gains of the management of CCCL including the CEO. Moreover, the evaluations have been made using several ethical principles in addition to different set of moral principles to bring out the level of deviations from the ethical guidelines mentioned in the handbooks of ethics and good corporate governance. American Accounting Association Model Decision Making Process Evaluating the facts in this case The fact of the case are that Belinda Battersby has been approached by the CEO of Complete Cancer Care Limited (CCCL) to provide a falsifying report that two linear accelerators are fit for use in radiography tests. Moreover, CEO Adam Chase also indicated that Battersby and Associates has a probability of getting the auditing contract of CCCL next year in order in return for falsifying the audit report of linear accelerator. Ethical Issues pertaining to the case In case Belinda agrees to produce a false report on the functionality of the linear accelerator the health risks of radiation from x-ray emitting from the accidents rises on the patients undergoing ontological treatment at the hospital increases. Rules and values enumerated in the Code of Ethics The professional values that are enumerated in different levels of code of ethics with regard to auditing and assurance services are maintained through the application of moral and ethical principles in the execution of investigation and examination. The ethical codes are a measure and code of professional conduct that focuses on attaining the level of professional excellence in pursuit of the highest standards in execution of auditory services. In term of manipulation of auditory report, in order to benefit one party at the cost of other stakeholder, can have multidimensional impact upon the level of corporate operations along with the impact upon all the users of services that are based upon the auditors report. The level of expertise maintained by the auditors based upon which the numerous stakeholder tend to carry on their decision making activities also brings forth the level of risks inculcated through bad advice both to the management and that of the stakeholders. The primary task to alleviate ethical dilemmas as regards to the auditing reports and evaluation comprises of identification of ethical threats that may occur at different stages if auditing process. In the present case the ethical dilemma lies between the level of incentive that the auditor shall receive next year in turn for the manipulations of audit report to showcase the ability of the radiography accelerator to conduct proper treatment of cancer patients. Alternative courses of action The alternative courses of actions that occur in the present case can be attributed to showcasing the level of unethical practices that are conducted through different forms of unethical incentives. The monetary incentive behind the unethical behavior of CEO of CCCL can have long term repercussions of adverse medical nature. The compliance with the concept of ethical prudence also takes into account the auditing guidelines relating to audit of medical facilities and operations along with issues regarding the medical equipments. The present case brings forth a situation whereby the degree of misinformed judgments brought forth by the false audit reports can lead to detrimental Comparison between alternative and ethical values The dilemma with regards to the level of manipulation of accounting and auditing services in return for financial and economical incentives can be inferred to have adverse impact upon the well being of the prospective stakeholder in the cancer treatments at CCCL. Evaluating the probable consequences The probable consequences of the misguided and self inflicted ethical dilemma may lead to loss of human lives along with severely affecting the level of care that could have been provided through use of judicious and ethical measures in presentation of reports. The limits as regards to the fall out of the linear accelerator causing radiations an effects the further repercussions of the level of enhancements as regards to the following side effects of radioactive elements. Decision making as regards to the issue Belinda Battersby needs to consider the consequences of her designs and that of her firm to provide a falsifying report of the present conditions of the linear accelerator. Well founded ethical code of conduct that sets forth amount of deviation of the unbiased audit report as compared to that of the falsification of the functionality report with regard to the accelerators presented at CCCL. Barnsby shall reject the unethical practices conducted by the CEO and follow ethical guidelines enumerated in the models relating to moral dilemmas Rezaee Et al, I2015). With regards to ethical dilemma faced by the auditor in deciding whether to refrain from activities that results in financial gains or to indulge in them at the costs of risking the lives of the Cancer patients about to get treatment at CCCL. Table 1: Showcasing the level of deviation from ethical principles that is proposed by the CEO through offering of non monetary incentives (Source: As created by the author) 2: Introduction: The role of independent directors comprises of overseeing the different set of management decisions taken over by the board and put forth suggestive measures in order to rectify or enhance the management decision making process. The principle role of independent directors pertains to advising the executive board member in an attempt to safeguard the interests of the shareholders. The limited authority of an independent director restricts any attempts of detecting fraudulent activities and corporate malpractices in the organization. However, despite limitations the independent directors can still run through internal management report and review the discrepancies found in such reports. With regards to the corporate operations specified as regards to the company the presence of extended level of authority to the independent directors ensures a enhanced quantum of adherence to corporate regulations. Current recommendations towards inclusion of Independent Directors: The occurrence of numerous corporate scandals has resulted largely from unethical practices followed by the executive board members. Jones Welsh (2012) states that advent of numerous corporate governance issues has impacted the investors confidence adversely. Therefore it is imperative to take into account the limitations pertaining to the functions of independent directors and broaden their purview in order to mitigate the risks of principal-agent conflicts. Moreover, Masulis, Wang Xie (2012) mentions that corporate firms should consider inclusion of independent directors that have relevant experience in terms of overseeing multinational ventures. In terms of policy formulations by the regulators, the role of independent business directors remains ambiguous. The role of independent directors is suggested to be extended to include the different sets of audit and accounting verification, evaluation of the level of counter measures undertaken by the management boards to prevent adequ ate adherence to the regulatory guidelines as regards to the level of corporate operations (Masulis, Wang Xie, 2012). The level of manipulation made by managerial personnel at different levels of operations may in turn be compensated by the strict vigilance of an unbiased overseer of the whole company operations. In order to minimize the level of fraudulent activities it is suggest enhancing the examining and supervising authority of the non executive directors (Ahmed Henry, 2012). The probability of fraudulent activities decreases as regards to the level of unethical and unlawful activities. Moreover, as far as the issues regarding investors confidence along with the future prospects of the company are concerned, it may experience a positive response. In terms of strategic planning the non executive and independent directors can provide beneficial advise as well guiding in the formulations of different for market analysis framework. Through active participation in day to day acti vities of the company and by providing separate evaluation report of managerial performance to the financial regulators the independent directors can increase the accountability of management. Evaluations of necessities for independent directors: Previous track records of corporate malpractices showcase the fact that regulation of adverse agency costs are imperative in order to restore corporate governance measures. In order to reduce the disparity between the interests of the shareholders and that of the key managerial personnel it becomes imperative to include independent directors into managerial decision making (Ahmed Henry, 2012). Corporate regulators preference for expanding purview of independent directors, in terms of participation in different sets of committees to oversee timely compliance to auditing standards, is justifiable in order to inculcate good corporate governance practices. Moreover, Masulis, Wang Xie (2012) mentions that inclusion of independent directors into the board would result in heightened level of strategy development along with policy reforms in terms of operations, management of finances and restriction of unjust level of compensations offered to the key managers and directors. Further, Hopt (2013) states that monitoring of financial performance and vigilance upon corporate policies is material factors in context of corporate governance. In order to collect corporate information more reliably and dissemination of that information to the numerous investors and stakeholders of the company the presence of independent directors in the management decision making is crucial (Knyazeva, Knyazeva Masulis, 2013). The independent director has the ability inculcated to supplement shareholders with critical evaluation of managerial and non managerial personnel. Butler (2012) mentions in this context that the amount of regulation that is imposed upon Australian Firms in regards to the misstatements and window dressing of income statement and balance sheet ion due to certain internal factors. The governance and regulations pertaining to the level of corporate integrity cannot fulfill its desired objectives without the assistance of an independent director to see through that the corp orations and the board of directors adheres to such guidelines. Evaluation of factors that impede the effectiveness of independent directors: Ahmed Henry (2012) mentions that lack of conducive environment for the functioning of an independent directors results towards decrease in levels of productivity and contributions made by such directors. Moreover, in the view of Chan, Watson Woodliff (2014), the factors relating to information asymmetries results in disadvantageous situations for the independent directors as they are devoid of material financial and non financial information. Further, as preparation of managerial and financial reports comes under purview on executive board members, the probability regarding manipulations of financial and non financial data increases. Tower Rusmin (2012) states that dependency of non executive and independent directors on the manipulated financial statement and audit reports for drawing conclusions, severely impairs their judgments. In terms of communication between lower level employees and that of managerial personnel the feedback cannot be analyzed on a consistent basis therefor e resulting in a limit upon the evaluation of productivity and potential alleviation of management crisis. Recommendations Restructuring of power arrangement at the directorship level can reduce the amount of biasness in board decision making. Further, through inculcating a sense of collective responsibility among the executive and independent directors both the financial and non financial decision making process can be streamlined. It terms of mitigating risks pertaining to bankruptcy of the company or in regards to the lesser adherence of regulations leading to manipulation of financial figures, providing higher levels of authority to independent directors may prove beneficial. Moreover, the presence of independent directors in the board as trustee of the stakeholders may result in the prevention of accounting and management frauds along with a tight regulation on irrational compensation offered to the key managerial personnel and executive directors. Further, the overall integrity of the firm increases exponentially with presence of good corporate governance and on the other hand good corporate practi ces in turn is dependent upon the presence of unbiased overseer such as an independent director. Conclusion: The above report showcased the significance of independent directors as regards to the level of regulations and supervisory activities that can be undertaken by such directors with the assistance and backing of regulators and shareholders. Through enhancement of authority with regards to preventing the level of manipulation in the corporate financial statement along with the report procured by the manager the purview of the independent director broadens. References: Ahmed, K., Henry, D. (2012). Accounting conservatism and voluntary corporate governance mechanisms by Australian firms.Accounting Finance,52(3), 631-662. Azim, M. I. (2012). Corporate governance mechanisms and their impact on company performance: A structural equation model analysis.Australian journal of management, 0312896212451032. Beekes, W., Brown, P., Zhang, Q. (2015). Corporate governance and the informativeness of disclosures in Australia: a reà ¢Ã¢â€š ¬Ã‚ examination.Accounting Finance,55(4), 931-963. Butler, S. R. (2012). All on Board: Strategies for Constructing Diverse Boards of Directors.Va. L. Bus. Rev.,7, 61. Chan, M. C., Watson, J., Woodliff, D. (2014). Corporate governance quality and CSR disclosures.Journal of Business Ethics,125(1), 59-73. Fiolleau, K., Kaplan, S. E. (2016). Recognizing ethical issues: An examination of practicing industry accountants and accounting students.Journal of Business Ethics, 1-18 Gaynor, G. B., Janvrin, D. J., Pittman, M. K., Pevzner, M. B., White, L. F. (2015). Comments of the Auditing Standards Committee of the Auditing Section of the American Accounting Association on IESBA Consultation Paper: Improving the Structure of the Code of Ethics for Professional Accountants: Participating Committee Members.Current Issues in Auditing,9(1), C12-C17. Gist, W. E., Anderson, U. L., Janvrin, D. J., Pitman, M. K. (2015). Comments by the Auditing Standards Committee of the Auditing Section of the American Accounting Association on the IESBA ED Release (August 14, 2014), Proposed Changes to Certain Provisions of the Code Addressing the Long Association of Personnel with an Audit or Assurance Client: Participating Committee Members.Current Issues in Auditing,9(1), C18-C22. Hopt, K. J. (2013). Corporate governance of banks and other financial institutions after the financial crisis.Journal of Corporate Law Studies,13(2), 219-253. Jones, R. M., Welsh, M. A. (2012). Toward a Public Enforcement Model for Directors' Duty of Oversight.vanderbilt journal of transnational law,45(2), 343. Knyazeva, A., Knyazeva, D., Masulis, R. W. (2013). The supply of corporate directors and board independence.Review of Financial Studies,26(6), 1561-1605. Masulis, R. W., Wang, C., Xie, F. (2012). Globalizing the boardroomThe effects of foreign directors on corporate governance and firm performance.Journal of Accounting and Economics,53(3), 527-554. Rezaee, Z., Abernathy, J., Causholli, M., Michas, P. N., Roush, P. B., Rowe, S., Velury, U. K. (2015). Comments of the Auditing Standards Committee of the Auditing Section of the American Accounting Association on PCAOB Concept Release on Audit Quality Indicators, No. 2015-005, July 1, 2015: Participating Committee Members.Current Issues in Auditing,10(1), C11-C27. Suchard, J. A., Pham, P. K., Zein, J. (2012). Corporate Governance and the Cost of Capital: Evidence from Australian Firms.Journal of Applied Corporate Finance,24(3), 84-93. Tower, G., Rusmin, R. (2012). Legitimising corporate sustainability reporting throughout the world.Australasian Accounting Business Finance Journal,6(2), 19.