Governance and Control at AXA
|
|
ICMR HOME | ICMR Case Collection
To download Governance and Control at AXA case study (Case Code: BSTR224) click on the button below, and select the case from the list of available cases:
Current Exchange Rates
INR 400.00 = USD ($),
=
GBP (£),
=
EURO (€)
Currency data courtesy coinmill.com
INR is INDIAN RUPEES (Rs.)
|
» Business Strategy Case Studies
» ICMR
Case Study Collection
» ICMR Home
» Mini Cases on Business Strategy
» Micro Cases on Business Strategy
» View Detailed Pricing Info
» How To Order This Case
» Business Case Studies
Please note:
This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
|
Case Details:
|
Price: |
| Case Code |
: |
BSTR224 |
For delivery in electronic format: Rs. 400;
For delivery through courier (within India): Rs. 400 + Rs. 25 for Shipping & Handling Charges
Themes
Corporate governance structure, Control Systems, Centralization and decentralization Title: Governance and Control at AXA
|
| Case Length |
: |
18 Pages |
| Period |
: |
1991-2006 |
| Organization |
: |
AXA Group |
| Pub Date |
: |
2006 |
| Teaching Note |
: |
Not Available |
| Countries |
: |
France |
| Industry |
: |
Insurance and
investment management |
Abstract:
|
The case examines the dual corporate governance structure of France based AXA,
one of the leading insurance and investment management companies in the world.
In a span of three decades, AXA acquired several financial services companies
globally. When AXA aimed at becoming a truly global company and started
consolidating its global operations, the company felt that a judicious mix of
centralization and decentralization of activities was required. AXA centralized
its operations to the extent necessary and its subsidiaries in different
countries had complete freedom to operate according to the local conditions.
|
|
The case discusses in length about the roles
played by AXA's management and supervisory board to maintain a
firm control over the operations of the company.
Issues:
» Study the importance of strong governance practices in companies having global
operations
» Understand the need for a dual corporate governance structure
» Examine the need for a smooth coordination between the subsidiaries and the
headquarters to run a company's global operations efficiently
»
Study the corporate functions that are centralized by AXA
» Appreciate the benefits reaped by AXA after decentralizing few of its
corporate functions
Contents:
Key Words:
AXA, Governance Structure, Globalization, Control Systems,
Centralization, Decentralization, Corporate Governance, Operational Excellence,
Supervisory Board, Management Board, Key Performance Indicators, Centrally
Managed Functions, Localization.
Governance and Control at AXA
- Next Page>>
|
|
