Emotional Intelligence Essay Example for Free

Passionate Intelligence Essay There are different manners by which the legislature can rebuff the criminal guilty parties or the common wrongdoers. This incorporates, fines, detainment, or beating. In rebuffing the guilty parties, the general public targets vindicating, revising the transgressors, and going about as prevention for others to submit same offense. The current favored method of discipline is planned for revising the guilty party as opposed to rebuffing them Because of the evolving circumstances, numerous social orders have changed the method of conventional discipline that were forced on guilty parties and settled on better accommodating terms, for example, pay. There are different sorts of pay that can be forced on a guilty party. These are, fines, compensation, and network administration. Fines have been forced in the United States and the Canadian courts as gave in the rules (Encarta Library). The fines are broadly utilized on the grounds that numerous hoodlums don't have the cash for the fines. Moreover, fines forced on lawbreakers would not stop them from carrying out other crimes as they realize that they can simply pay fines and be sans let. In compensation, the court will arrange the guilty party to remunerate the outraged for the wrongdoing that was submitted against them. The harm may have been in type of mental harm, physical or financial. For the appointed authority to pass compensation, the outraged must start the procedure, for example through giving such things as doctor's visit expenses or some other types of demonstrate for the compensation to be passed. This sentence is significant on the grounds that it is considered to reestablish the insulted back to the first situation before the offense. Network administration then again is the point at which a wrongdoer is condemned to played out some obligation in the general public. The state would then be able to utilize a portion of the assets spared because of network administration to remunerate the people in question. This technique is significant in that it causes the authoritative to spare the sums that would be utilized in indictment, and gives the guilty party time to change instead of being rebuffed. Passionate intelligence According to the underlying definition given by Salovery and Mayer in 1989/90, enthusiastic insight is â€Å"the capacity to screen one’s own sentiments and feelings, the capacity to screen the sentiments and feelings of others, and to utilize this data to direct future reasoning and action†, (Stone, Parker and Wood, 2004). To adapt to passionate vulnerabilities, an individual depends on the competency of enthusiastic knowledge. To adapt to natural vulnerabilities, an individual depends on the competency of passionate knowledge. The segments of enthusiastic knowledge are Self-Awareness, Self-Regulation, Motivation and Empathy Social Skills. Enthusiastic Intelligence in an association. The current supervisor of the group is a pleasant, inviting and hurting individual. He has had the option to give space for the colleagues to air their various perspectives and take into consideration each person’s perspectives to be obliged. This sort of vote based system has given individuals from the group space to take part in every single hierarchical issue. One of the shortcomings with the director is that he can't construct a solid cooperation soul. This has been contributed with the way that he has not set up rules that can empower individuals to set aside their own advantage and focus on collaboration soul. This has permitted numerous individuals to blend their own issues in with authoritative issues. To have the option to associate my colleagues to go about as one group, the five standards of passionate insight are significant. Above all else without anyone else mindfulness I will have the option to know precisely my quality and shortcoming. I should attempt however much as could be expected to utilize my solidarity to accomplish cooperation and control my shortcomings, it implies having full self-guideline. Various circumstances prompts diverse state of mind, however as a group chief, individual dispositions ought not beat the group sprit. The majority of the objectives of the group might be accomplished just if as a pioneer am spurred by building a solid authoritative group and set aside such things as try for cash and notoriety status. This will assume a significant job in persuading different representatives to follow the model. It is additionally significant placed my self in different employee’s position in order to comprehend their feelings and help them to develop in the association. This would all be able to be accomplished if as an innovator in treat all the workers similarly and build up a decent correspondence with them. A group chief needs to be able to influence everyone’s feelings. â€Å"If people’s feelings are pushed towards the scope of excitement, execution can take off, if individuals are headed toward malevolence and uneasiness, they will be lost stride†, (Goleman, Boyatzis and McKee, 2004, pg5). this suggests the impact of a position of authority will go past just having an occupation very much done. Along these lines to apply the standards of enthusiastic knowledge to accomplish the authoritative objectives are significant. For example, the advancement of aggregate objectives and destinations is significant in an association. This will empower regardless of colleagues to put their own undertakings to accomplish authoritative objectives. Pioneers can likewise be urged to impart â€Å"in others an energy about the significance of work exercises; producing and looking after excitement, certainty, confidence, participation and trustencouraging adaptability in dynamic and change; and building up and keeping up an important character of the association (Eintel Organization, N. d).

Is ethics profitable Essay Example | Topics and Well Written Essays - 1000 words

Is morals beneficial - Essay Example The continually changing serious situations in the business world powers organizations to discover new strategies to counter the opposition instead of the supposed conventional ways. These customary strategies included better items, more administrations, or lower costs. In the contemporary world, business firms are reacting to these opposition challenges by presenting associations and increasingly common associations with their clients and different partners in the business. In the most recent years, there have been conversations with respect to morals rehearses in business firms. The general supposition of this subject is that organizations need to do what is ethically directly for their clients just as their workers. In any case, the normal practice in the business field is that of untrustworthy and criminal operations. Most associations are yet to comprehend or understand the money related effect of high moral measures in business firms (Heskett et al. 34). As per most organizations in the current world, moral practices force a pointless money related imperative. Tax avoidance and came up short on work force involve untrustworthy be that as it may, in any case, engaging practices. From this point of view, it appears that benefits and morals have a reverse relationship. Supervisors and executives of organizations expect that moral practices and projects are over the top expensive exercises. This implies moral practices have no positive effects on the productivity of business firms. For this situation, this belief system proposes morals as not being beneficial to a business association. It appears that organizations with moral practices record low or steady benefits, and subsequently, most chiefs despite everything depend on the conventional methods of improving benefit levels of an association. On an increasingly positive angle, morals improves the benefit levels of a business firm through different ways. Models from the business field d emonstrate that there is a positive connection between's a firm’s exercises, moral practices, and the firm’s primary concern results. The notoriety of a business as far as moral business exercises can be a significant wellspring of upper hand in the business section. The most significant manners by which morals contributes towards productivity of an organization is through the minimization of the expense of business exchanges, development of an establishment of trust with partners, and support of social capital. All the more in this way, exclusive requirements of a firm’s morals contribute towards an inner situation of fruitful collaboration among workers which, thusly, sway the benefit levels. As indicated by different examinations, organizations saw as moral by organization partners, for example, workers, open, clients, and providers, appreciate a few upper hands. These upper hands in the business network incorporate more elevated levels of duty, more elevated levels of productivity in activities, and expanded degrees of

Which learning style the teachers should use to teach language Free Essays

Knowing understudies way is extremely of import. That since it encourages students to be dynamic researchers. This review design is to hold a profound articulation in students ‘ way in ADU and which way they lean toward a lot. We will compose a custom paper test on Which learning style the instructors should use to educate language or on the other hand any comparative subject just for you Request Now Also, which larning way the educators ought to use to learn etymological correspondence and is at that place an alternate between the three habits of larning. Study was led in 20 respondents from Abu Dhabi University. The scrutinizing of results demonstrated that understudies want to use visual way substantially more than others way. Presentation Students have various habits, perspectives, practices, thoughts, and positions. Everybody acts orchestrating to his ain character. Additionally, every researcher has his ain way to represent or determine data. There are three habits that researchers use to infer data ; they are visual, audile and material. Students have various approaches to determine data, a few researchers want to examine totally and others like to break down in gatherings. Something else, teachers should be acquainted with students ‘ habits on the grounds that cognizing understudies ‘ habits will do control of the educator progressively comfortable. Moreover, it will raise the students ‘ open introduction inside the classification room. Articulation of employment Which way is the best 1 for ADU students? Proclamation of expectation Decide students ‘ habits and happen fit approaches to do understudies infer data simple and benefit from their educators. 2 Inclining habits definition Everybody has his ain way to appear or get informations. Learning habits can be characterized as a few assaults or methods for obtaining. Also, it tends to be depicted as a single conduct, exercises and characteristics that show up on the researcher character when technique of procurement is going on. As a matter of fact, it is a kind of methods that empowers the researcher to larn in a best way. ( Wikipedia, 2009 ) People groups have various habits of thought and various methods for stand foring data. The word way is utilized in semantic correspondence to portray contrasts between individuals. Style can be depicted as single characteristics, exercises and conduct that show up on the researcher character during larning system. Style has a significant impact in various parts on human character, for example, character, conduct, information, perceptual experience, larning and rationale. I imagine that the researcher himself can decide his ain way. For delineation, if the researcher has a feeble character ; he will non pull off to show his musings and participate with different researchers. Be that as it may, if the researcher has a solid character ; he will be effective in his procurement trip. Understudies with solid character demonstrate high taking care of semantic correspondence. ( Robert, 2000 ) At the point when I move to the school, I see various sorts of understudies ; they are from India, Egypt, Sudan, Syria, Oman and so on. Every one has his ain habits ; some of them like to dissect in gatherings and other like to break down altogether. In any case ; larning habits can be not quite the same as individual to person. Kinds of securing habits In this life, there are a clump of contrasts ; individuals have various perspectives, conduct, insight and various habits. In larning, we have various sorts of obtaining habits. There are three kinds of procurement habits, visual, audile, and material or kinaesthetic. Visual way Students who utilize this kind of way ; they regularly learn data or data through observing things. They incline toward educator who utilizes the writing slate or the projector to 3 present the central focuses or the person who gives a lineation about the discussion. Additionally, they want to break down completely without anyone else in a very room. These researchers every now and again observe data in their minds when they are looking to recover something. In addition, they have to see the natural structure etymological correspondence of the educator and follow facial looks. In add-on, they want to put at the forepart of the class and dodge obstructors ( for example understudies head ) . Al thought, these researchers will in general use pictures more and rely upon visual show, for example, graphs, picture, outline, and official statement. In addition, these researchers utilize their ain inventiveness to show their feeling like picture and other humanistic orders. In add-on, to have the option to get data ; they draw images and pictures on cards to recall data when they need it. Also, they use shading pens to closer view boss contemplations. Besides, visual researchers use outlines and charts to ease callback. ( Suzanne, 2000 ) Sound-related way Students who utilize this kind of way ; they typically rely upon hearing to get data. They learn best through tuning in to other people, treatment, and verbal talks. Sound-related researchers acknowledge or gain criticalness of address through tuning in to manner of speaking, pitch and speed of the talker. Once in a while composed data may hold little planning in the event that they hear it. Moreover, these researchers may get or benefit from perusing writings so anyone might hear and using copying gear. In add-on, audile researchers like to partake and communicate with different researchers ; they typically pay additionally going to for the talker whether the teacher or a mate. While dissecting, try to occur for yourself a wanderer room where you wo n’t inconvenience oneselfing anybody and read your notes or content release so anyone might hear. Additionally, you can use copying hardware to enter your discussions. Al however, holding chats on a copy empower you to fix for tes ts in an overall quite simple way. ( Shannon, 2006-2010 ) Material or kinaesthetic way Material researchers learn data or data on the off chance that they are genuinely locked in. These researchers learn best by following the instructor movement inside the schoolroom. Material students appear to be increasingly dynamic to follow the educator natural structure etymological correspondence. Additionally, these researchers appear to be increasingly dynamic in they study hall, they set at the forepart seats and they observe 4 without taking thoughtfulness regarding syntactic mistakes. While breaking down, set at the forepart seats and take notes without taking consideration of syntactic mistakes or forming uncomplete sentences. Other than you can pull pictures or outlines to help you recover data. ( corina,1999-2010 ) Scientific classification of securing habits Students utilize various approaches to larn about any theme. Fitting to a few clinicians, there are seven explicit kinds of obtaining habits. In guidance, educators should discover sort of researchers that they have and select the best way which suite their researchers requests. Semantic: in this sort, the researchers want to peruse, make and state stories. They show a high level of remembering topographic focuses, informations, and names, and are regularly amazing you in their methods for happening the data. Additionally, they have a solid capacity to recall data you have let them know, word by word. These understudies learn best through visual observation, expressing and hearing. In any case educator should boldness them to be increasingly originative by helping them to make down words, expresses and elevating them to partition their musings with different mates. ( Stacy, 2001 ) Sensible: researchers are fixated of numerical occupations. They like to work out employments especially in the event that they are identified with math. These students create coherent idea. Their main issues are the means by which things work, why things identify with each other and why things are here. This kind of students learn best by examining, separate and happening connections between things. ( Stacy, 2001 ) Instructor should fearlessness and help them by demoing them how to happen connections between things. For representation, what is the outcome of contamination? A few understudies may happen that it has a negative result on individual health and other may state it has a negative outcome on enliven creatures and so on. By demoing them how to happen connections between things ; they will get semantic correspondence and they will be originative. Spatial: these are the imaginers. They spend their clasp in woolgathering, watching others and staying off from existent life. This kind of students likes to work with colourss, pictures and use head oculus. 5 On the off chance that you feel that they are less roused, you can ask them to pull a picture thus ask them to talk about it. You will perceive that they are more take leaving behind you, since picture for them is everything. Instructor should fearlessness their imaginative capacities and permits them to show their feels, thoughts, and contemplations by demoing them how to make that. ( Stacy, 2001 ) Melodic: in the event that you notice that you have an understudy, who likes to sing all the clasp, so this student is a melodic researcher. This kind of researcher love everything identifies with music, they want to hear music while strolling, dissecting and eating etc†¦ Besides, this sort of researchers is acceptable in distinguishing pitches, beat, and inside informations. ( Stacy, 2001 ) As I said previously, they like to larn best through beat so instructor ought to oblige his technique for learning with their way. For delineation, while perusing any change, he can set a vocal for them. This kind of understudies needs the educator to use strategies which are identified with music. For delineation, to trip their recollections, he can ask them to make a vocal about the exercise. In any case, music ought to non be eating up cut talk or that will pass on awful impacts. Substantial: this kind of researchers relies upon natural structure to get the etymological correspondence. They like to stroll around the class, break down everything and they use body etymological correspondence to show their contemplations, thoughts and emotions. They like to play any kind of games rather than plunk down and read a book. ( Stacy, 2001 ) Instructor should keep up them dynamic all the clasp by playing with them word games, have spell

Analysis of Indian Rupee against US Dollar - 825 Words

Analysis of Indian Rupee against US Dollar (Essay Sample) Content: Name: Tutor: Date: Course: Analysis of Indian Rupee against US Dollar There has been a great deterioration of the Indian Rupee from 2006 to 2010. The sharp depreciation of the Indian currency has led to difficulties in the transition if Indian domestic economy that has been accompanied by a period of high inflation, low growth as well as the widening of the account deficit (Araf 128). During the period, the currency plummeted to an all-time low close to 70 dollar mark. The rupee remained down nearly 50% in the period of five years ending with 2010. That slide in the rupee has got a direct link to global factors and particularly due to the strengthening of the US dollar as well as the signal from the US that it is likely to start down spending which is a stimulus. However, the low rate of local economic growth over the five years together with weak investment cycle has contributed to the poor performance of the Indian currency. Over that period of five years, the Indian Foreign Exchange Market ended up undergoing great changes. The changes in the Foreign Exchange Market are paramount in the substantial volatility of the Indian Rupee that caused the depreciation of the currency against major currencies that have been dominating in the international market. Several macroeconomic variables have thus led to the acute variations in the exchange rate of Indian currency against the US dollar (Kar and Sarkar 52). The forceful and significant deterioration in the Indian Rupee's exchange rate has resulted in some sectors being badly affected. Heavy import companies that have got little relative exposure on export have been victims of Rupee turmoil. The companies that have been at the top of the list of the highly affected include Petroleum companies, IT giants, and the automotive manufacturers. A continued spell of the Rupee's weakness has the likelihood of widening the account deficit in India that has been among the greatest concerns for the country over the period of five years. The increased depreciation of the Indian currency during the period resulted in uncertainty in the business environment. Moreover, volatility in the pair of USD/INR comes along with additional risk for corporate that has got substantial exposure to the expenses and incomes of foreign exchange (Sharma and Setia 321). An Exchange-Traded Funds (ETFs) is a fund investment holding assets among which is commodities, stocks or even bonds and is traded on the stock exchanges. ETFs are in most of the cases attractive investments due to their reduced costs a together with the efficiency of tax. They are among the most popular types of exchange-traded product. ETFs have continuously gained favor in the financial markets globally (Kar and Sarkar 69). For instance, Foreign Institutional Investors (FIIs) to be specific have been using ETFs for the purpose of gaining exposure in the emerging markets. In India, the presence of ETFs has continued to be felt. Among the disinvestment modes that Indian government has proposed for public sector undertakings (PSUs). As can be noted, several India-specific ETFs that have been in existence in US that includes iShares MSCI India ETF, PowerShares India Portfolio and WisdomTree India Earnings Funds has been concentration on Indian stocks exclusively. The offshore equity funds' assets and the India-focused ETFs were USD 55.84 billion in 2010. ETFs come along with some advantages as compared to the traditional mutual funds. For instance, they have reduced expense ratio, transparency, tax efficiency, flexibility in trading not to forget the exposure to diverse classes of assets (Karuthedath and Shanmugasundaram 78). The expense ratios of the mutual fund are higher than those of ETFs a result of entry and the exit loads. It is worth noting that In India, the country has banned mutual funds entry loads and the exit funds are non-existence. Thus, EFTs can be traded just like stocks all the day long while accessing of the open-ended mutual funds is only possible at the end of the day. For the period of five years ending with 2010, India has had an interesting experience with the movement of its currency against US dollar. India has been the only nation that has remained isolated from globalization's tidal wa...

Evaluate the Effectiveness of Australian Government...

Evaluate the effectiveness of Australian Government economic policies in achieving their objectives. The government implements an economic policy mix involving macroeconomic and microeconomic policy in order to achieve their objectives. The three main objectives include: †¢ Internal stability – low inflation (price stability) and full employment †¢ External stability – stable exchange rate, a sustainable level of foreign debt and the current account deficit (CAD) ï  ©Ã¯  §Ã¯  ¨ †¢ Economic growth Other government objectives include equal distribution of income and environmental management. Though, it is evident that not all of these objectives can be achieved simultaneously as some are conflicting. Thus the government must trade-off some of†¦show more content†¦Another form of macroeconomic policy is fiscal policy, which involves the use of the Commonwealth Government’s budget in order to achieve the Government economic objectives. By varying the amount of government spending and revenue, the government can effectively alter the level of economic activity, which in turn will influence economic growth, inflation, unemployment and the external indicators of the economy. The fiscal instrument is the budget, an annual statement from the government dealing with its income and expenditure plan for the next financial year. Fiscal Policy is an effective tool which can target specific sectors of the economy such as individual industries, unlike monetary policy which affects the economy as a whole; this is why the government implements a policy mix. An indication of the overall impact of fiscal policy (FP) on the state of the economy is the fiscal outcome. The three possible outcomes include a fiscal surplus (positive balance where government expenditure exceeds revenue), fiscal deficit (a negative balance where government revenue exceeds expenditure), and fiscal balance (a zero balance where total government revenue equals expenditure). The main aim of fiscal policy is to achieve fiscal balance, on average, over the course of the economic cycle. The Howard Government targeted a fiscal surplus of 1% of GDP, whereas the current Rudd Government has raised this target to 1.5% of GDP,Show MoreRelatedThe Concept of Equity of Access in the Australian Healthcare System2439 Words   |  10 PagesThe Australian health care system is founded on the concept of equity of Access. Discuss this Statement with relation to the concepts of Effectiveness and efficiency and any interrelation that may exist. 1. 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The extraRead MoreLegal Studies8128 Words   |  33 Pagescriminal law †¢ the extent to which law reflects moral and ethical standards †¢ the role of law reform in the criminal justice system †¢ the extent to which the law balances the rights of victims, offenders and society †¢ the effectiveness of legal and non-legal measures in achieving justice. Students learn about: 1.1.0 The nature of crime 1.1.1 the meaning of crime First of (any act or omission of duty resulting in harm to society that is punishable by the state. it seems quite clear but there isRead MoreResults Based Monitoring And Evaluation2044 Words   |  9 Pagesextensive management reforms in responding social, political and economic pressures that were triggered by the factors of globalisation, budget deficits, structural adjustments and competitiveness (Binnendijk, 2000). 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The Secret Messages Of Advertising - 1003 Words

Secret messages in advertising In today’s society, we see many persuasive languages, pictures, and videos being used in advertisements in order to grasp its consumers to buy their products. Advertisements can be seen throughout history, dating back as far when Egyptians once ruled. They used many of the techniques of ad appeals used today. Advertisements can be seen in our everyday lives, even though we might not really notice them. We might not be very perceptible to them, but they are there to get our attention. Companies spend billions of dollars each year on advertising publicly in ads and media sources. They spend billions because they know that this is the only way that they can make more money off their investment in ads. In Jib†¦show more content†¦That exhilarating feeling we get when we watch these car commercials. They make us feel rich, powerful, and successful whenever we buy these cars. It’s engraved in our minds that this is what American dreams are all about. They use many mind-sensing appeals to get you to buy their products. They really make us feel that we are testing their product out. Many beer companies can get the consumer by displaying sex appeals. They put half naked women in their ads to get the audience s immediate attention. It really makes the consumer feel like they will have â€Å"hot women† to talk to when they consume their products. Companies can also use emotional appeals as well, such as showing skinny, deprived, hungry children in TV commercials. They reach out into our minds and make us feel that we should have a heart for these poor children. This is a positive way to persuade people to donate money to those who are in dire need of help. A recent analysis I did of an emotional appeal in â€Å"OK† magazine shows two manatees, one is the mother and the other is the son/daughter. They show them really close together. They are bonding together much like us. 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The media has put too much pressure on girls to have â€Å"perfect† bodies because of how much television we watch, companies using models that are much smaller than the average American woman, and many young girls are not satisfied with

Corporate Governance Practices Bangladesh -Myassignmenthelp.Com

Question: Discuss About The Corporate Governance Practices Bangladesh? Answer: Introduction A socially responsible business (SRB) is a business whose aim is to create positive transformations in the society and contribute to its stakeholders including the local community along with its focus on profit maximization. The SRB is a profit oriented as well as it is socially accountable. It targets not only to gain financially but also aims to develop the wellbeing of the community (EY, 2015). Through SRB, the company can involve with the community in which it operates. It directs the company to minimize the hazards of its activities on the community and to contribute positively to the society. SRB assists the company to create a market space for itself. The company can form partnerships and alliance with the local community and team up with the NGO to fulfill its mission. It is a socially responsible activity and aims to create a long term relationship with the society (Mahmud Ara ,2015). In this context, certain companies have adopted SRB approach .Some of them are: General Electric: The GE foundation donated $88 Million to community and educational programs in 2016. The employees and retirees had also contributed through the organizations matching gift programs. Also, the companys Developing Health program aims at providing medical facilities around the world. Deloitte: The organization is committed to create a societal change and environmental sustainability working along with government and non-profit organizations. It motivates its employees to contribute to pro bono work (Ferrell, Fraedrich Ferrell, 2016). As the vision of Grameen Bank states, Banking for the Poor and its mission statement is to provide financial services to the poor for enabling them to realize their potential and bring them out from the vicious circle of poverty. It is focused towards empowering the poor especially women (Grameen Foundation, n.d.) Grameen Bank is a bank which provides microfinance to the poor and downtrodden. It supports the development of the community and grants small loans to the poor without any collateral security. It was founded in Bangladesh in 1976 by Professor Muhammad Yunus. It has created a system free from collateral which is opposite to the conventional banking practices. Its mechanism is based on mutual faith, responsibility, participation and creativity. It serves as a promoter in the development of the socio economic conditions of the poorest of the poor in Bangladesh. For its Low -Cost Housing Program the bank won the World habitat Award in 1998. In 2006, the bank along with its founder jointly won the Nobel Peace Prize. So, with its focus on the development of the financial, agricultural and health services by using digital technology to upgrade the lives of the poor, especially women , it can surely be called as a Socially Responsible Business Enterprise (Grameen Bank, 2018). An ethical dilemma or ethical paradox occurs when the individual has to select between two unfavorable alternatives. It is a decision making problem being two possible moral options neither of which are acceptable or preferable. The complication arises when opting for one solution would result in contravening other. There are certain features of ethical dilemma. Conditions when the individuals have to select the best course of action can be called as ethical dilemmas. Secondly, there must be a various course of actions to choose from. Thirdly, no matter which course of action is opted, some ethical principle is compromised. Thus, ethical dilemma has various options to choose from and it has multiple and undefined outcomes. It is not an easy choice to select between right and wrong (Mahmood Islam, 2015). The ethical dilemma can be explained with the help of some examples. When the social worker with the expertise of mental health care services, in a village is confronted by the client who is suffering from agoraphobia, an anxiety disorder with a fear of open and public places. If the clinician denies treating the patient on the ground of incompetence, it would create an ethical dilemma with his commitment to boost the wellbeing of the clients. In this case, the ethical paradox can be resolved by accepting the case and treating the patient by training himself in this area (Sustainable Development Knowledge platform, 2017). Certain allegations were claimed against Grameen Bank and its founder that he treated the bank as his personal property and used it to generate income for himself .Also, Dr. Yunus was accused of averting huge funds to a business and using the brand name of Grameen for developing many businesses. They claimed that the bank is sucking blood from the poor by charging interest rates as high as 30%. But in reality, the rates of interest on microfinance loans were less than 20%. The Grameen Bank offered loans at different interest rates which are as follows: Income generating loans were charged at 20%. House building loans were charged at 8%. Educational loans were charged at 5% (payable after completing the education). Loans to economically struggling family were granted at 0% (Grameen Bank, 2016). So, the bank and its founder were faced with the ethical dilemma and allegation of diverting the banks funds and charging higher interest rates than the Private Commercial Banks (PCB).The PCBs charged around 14 % on their loans. On the contrary the Grameen Bank charged 20% on the income generating loans. However, the income generating loans were structured for the economically rich classes which were capable to borrow the loans from PCBs as well. But it charged 0% interest from the economically backward classes which fulfilled its vision of Banking for the Poor (Adair Berguiga, 2015). Bangladesh has a strong political governance framework in the areas of financial management, fiscal reporting and watchdog institutions. Programs such as Strengthening Public Expenditure Management Program (SPEMP) and Bangladesh Local Governance support Project (LGSP) have been strengthening the financial management reforms and audit capacity of the banking institutions. According to Habib (2016) in December, 2010, Dr. Yunus was accused of averting the funds to the other businesses and using the brand name of Grameen to develop other businesses. It affected the governance of Grameen Bank after this ethical dilemma. The Bangladesh Government formulated a committee to monitor the activities of the bank. The Finance Minister of Bangladesh Mr. A.M.A. Muhith claimed that Dr. Yunus whose age was 70 at that time, should hand over the administration of the bank to others. He argued that as per the countrys banking rules, the retirement age of executives is 65. As a result, Bangladesh Central Bank passed an order to remove Dr. Yunus from the post of Managing Director, as he has crossed the retirement age. The High Court also rejected his writ petitions claiming the legality of the Central Banks action. The appeal is pending before the Supreme Court (Adamek, 2014). Corporate Governance can be defined as the mechanism which is able to recognize the basic values of society such as economic, political and socio-cultural including the human rights. The political governance of Bangladesh can be improved by implementing the components of Good Governance in the following ways: All the citizens of the country should have the right to participate in the decision making process directly or indirectly through intermediaries which represent them. The public representatives should have a broad and long term perspective on good governance. The institutions and processes should be able to serve the stakeholders and must be capable to meet the necessities while making the best use of resources. The decision making authority in the government and the public sector should be accountable to the public. All the citizens irrespective of their gender should be able to improve their living standards .The laws and regulations should be fair and applied impartially (Hossain, Enam Hasan, 2017). The principles of Corporate Governance to be applied for improving the governance of Grameen Bank are as follows: The bank should follow the rules and regulations framed for the administration of microfinance organizations by the government of the country. The information regarding the decision making should be easily accessible to those who are affected by such decisions and enforcements. All the members of the bank should feel that they have a share in the banks performance and decision making. In order to achieve good governance and to ensure sustainable human development, actions must be taken to make it a reality (Hudon Sandberg, 2013). References Adair, P. Berguiga, I. (2015).The interest rates and performance of MFIs in the MENA region: is there a moral issue? Ethics and Economics, 12(2). Adamek,J.(2014).Ethics of Microfinance in the Perspective of Profit as the Element Influencing Microloan Interest Rate Selected Problems. Finance and Accounting Theory and Practice, 351. EY (2015). Client protection in microfinance the current state of law and regulation. Retrieved from https://www.ey.com/Publication/vwLUAssets/EY-client-protection-in-microfinance/$FILE/EY-client-protection-in-microfinance.pdf on 11th February, 2018. Ferrell, O. C., Fraedrich, J. Ferrell (2016). Business Ethics: Ethical Decision Making Cases. Cengage Learning. Grameen Bank(2016) Annual R e p o r t 2016. Retrieved from https://www.grameen.com/wp-content/uploads/bsk-pdf-manager/GB-AR-2016_34.pdf on 11th February, 2018. Grameen Bank(2018). Introduction. Retrieved from https://www.grameen.com/introduction/ on 11th February, 2018. Grameen Foundation (n.d.). Mission. Retrieved from https://www.grameenfoundation.org/about on 11th February, 2018. Habib, H. (2016). Bangladesh: crisis of the Grameen Bank. The Hindu. Retrieved from https://www.thehindu.com/opinion/lead/Bangladesh-crisis-of-the-Grameen-Bank/article14670642.ece on 11th February, 2018. Hossain, M. Z., Enam, F. Hasan, M.R.(2017). The Role of Corporate Governance and Corporate Social Responsibility Practices in Organizational Excellence: The Case of Grameen Bank. Open Journal of Business and Management, 5, 119-130. Hudon,M. Sandberg, J.(2013).The Ethical Crisis in Microfinance: Issues, Findings, and Implications. Business Ethics Quarterly, 23(4), 561589. Mahmood, R. Islam, M.M. (2015).Practices of Corporate Governance in the Banking Sector of Bangladesh. International Journal of Managing Value and Supply Chains, 6(3), 17-29. Mahmud ,S. Ara , J.(2015). Corporate Governance Practices in Bangladesh: An Overview of its Present Scenario in Banking Industry. International Journal of Economics, Commerce and Management, 3(12), 408-425. Sustainable Development Knowledge platform (2017). A New Transformation Path. Retrieved from https://sustainabledevelopment.un.org/memberstates/bangladesh on 11th February,