Changing the legal family from common law to civil law

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Drastically changing the legal family from common law to civil law won’t work. Still, the World bank and many NGAs insist that countries should introduce Common Law elements to their legal systems. Why? If so what do you think are those critical elements from this law family that would be most useful to countries that have Civil Law origins in terms of economic efficiency.
 
 
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Corporate governance

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The Fed continues to maintain that Wells Fargo has not done enough to rein in the incentive failures that revealed the frailty of its corporate governance. We have seen that several of the largest conglomerates in the United States have decided that it is time to divide their agglomerated groups into smaller units for focus and function. Johnson & Johnson will separate its consumer products division and its pharmaceutical division. GE will divide into three units: aviation, energy, and healthcare. Is it time for Wells Fargo to separate its consumer banking business from its other enterprises?
Address the following in your discussion post:
· What is the principal-agent problem?
· What is the role of corporate governance?
· How is corporate culture different than governance?
· Can incentive systems align culture with governance?
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A memo to the Board providing justification for the additional funding in light of the shortfall.

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Scenario
Upon reviewing the annual budget and fiscal standing of Metropolitan Memorial, the CFO has identified shortfalls that will impact the funding of its proposed expansion into rural communities. In order to secure adequate funding from the Board, the operational team must reduce current operating budget by a million dollars.
Instructions
The CFO requests that you draft a memo to the Board providing justification for the additional funding in light of the shortfall. You should review current literature to support your justification. Your memo should include the following information based on the literature:
Explain the possible impact of resource allocation within a rural communities .
Discuss the factors that may affect the quality of care by reducing healthcare resources to accommodate budgetary constraints.
Discuss a potential service line and five possible ways in which the service line may maximize resource allocation.
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The market structure of an this industry

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What is the market structure of this industry and why? You must analyze this real-world industry in relation to the characteristics of market structures to make this determination.
The characteristics of market structure that must be discussed are as follows:
How many competitors existed in this industry during this time period? Did it change during the time period?
What is the concentration ratio of this market? You should look at the beginning and the end of the time period. Concentration ratio as defined in economics is the market share of the largest 4 competitors added together. It is a key determinant of market structure and must be included.
What is the level of market power of your company of focus and the largest competitors? How does it change from the beginning of the time period to the end? Why?
What are the barrier to entry? Are these high barriers to entry or low barriers to entry? Why?
 
 
 
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