Brief introduction on Corporate Governance and Ethics

Reference no: EM131930687 , Length: word count:750

Accounting Information for Managers Assignment

ASSIGNMENT GUIDELINES - The following is a research assessment that you are required to discuss and analyse as per the 'Required' sections below. This task relates to the concept of good corporate governance and ethics and how it leads to better business sustainability.

Read the scenarios below and the answer the questions relating to the scenarios.

CASE STUDY

You have been asked to deliver a response in relation to corporate governance and ethics on the 5 scenarios below. In your response you will need to comment on the following situations in relation to the ASXCGC Corporate Governance Principles and Recommendations. All scenarios assume that the organisation in question is listed on the Australian Stock Exchange. You will need to cite any references you utilise to support your answers including both in text citations and referencing of sources of information

a. The External Auditor of a company went to Primary School with one of the company's directors. This is disclosed in the first Audit Appointment Meeting.

b. A member of a board of directors for has not attended ANY Board of Directors meetings for 12 months as they have been working internationally.

c. The West is Best company has information that will have a significant effect on the future profitability of the business. They choose to disclose this information both on the company website and make a public statement.

d. All about the Money organisation currently has a manufacturing process that leaks hazardous waste into the local creek which in turn runs directly into the river catchment. The Board of Directors has just made the decision to continue to operate this manufacturing process as any alternative investigated will have a negative effect on profit.

e. The Chairman of the Board puts forward a proposal to increase the Salary for the Chief Executive Officer (CEO) by 80% from the current level. This will place this CEO's salary considerably above other CEO's in the same industry.

Required:

1 Essay: Using the information provided in the scenarios above and your knowledge of Corporate Governance, Ethics and Business Sustainability answer the following questions in essay format.

1. A brief introduction (including definitions) on Corporate Governance, Ethics, and Business Sustainability.

2. Five (5) body paragraphs which for each Scenario listed above (a, b, c, d, e) state if there are any breaches to or compliance with ASX CGC Principles and Recommendations. Ensure you specifically cite the particular ASX CGC Principle and Recommendation you are using for justifying your response.

3. Concluding remarks on how sound corporate governance principles and practices and principles can lead to better business sustainability.

2. Reference List: Include any references you have used and cited in your essay. You must use the Harvard referencing system as per the guide available from the WSU library website. (Note: the reference list is not included in the word count).

Attachment:- Assignment Files.rar

Reference no: EM131930687

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Reviews

len1930687

4/6/2018 2:25:35 AM

Instructions: Australian student, 750 words, I want it professional and do not forget reference list and in text cution The Harvard WSU style for referencing and in text citations are excellent. ? Authors’ names and dates are presented correctly. ? Titles are italicised. ? All required bibliographic details are present. ? May or may not include view date and URL. ? Properly punctuated & formatted.

len1930687

4/6/2018 2:25:28 AM

Students are required to upload their assignment online through Turnitin on vUWS by 9:00am, Monday, 16. This is an online submission only assignment. The digital receipt generated by Turnitin and sent to the student’s email account should be retained as proof of submission. The essay must be word processed in Arial or Times New Roman font, 12 point with a line-spacing of 1.5. The length of the submitted work should be 750 words +/- 10% (excluding the appendix and reference list).

len1930687

4/6/2018 2:25:23 AM

Please refer to the Learning Guide for details on Late Submissions and Special Considerations. The Individual Assignment Marking Guide (see page 6-8) will show you how your mark has been determined and provide a form of additional feedback. Please note this is an individual assignment and students should work independently. Any evidence of collusion will be reviewed and may lead to the application of the Student Misconduct Rule. It is not necessary to include a cover page, table of contents or an executive summary.

len1930687

4/6/2018 2:25:16 AM

If included, these sections will not contribute towards the total word count or the total marks. You must include a reference list and in-text citation wherever used. Please include any references you have used and cited in your essay. You must use the Harvard referencing system as per the guide available from the Western Sydney University library website. For guidance on referencing, please see the attached style guide in the vUWS folder. This will ensure that you use the correct referencing approach.

len1930687

4/6/2018 2:25:09 AM

There is a clearly identifiable introductory paragraph which: includes a thesis statement and includes all definitions, AND previews the stages of the essay. There is a detailed response from the perspective of the company which includes: detailed justification including linking to specific ASX CGC principles and recommendations of corporate governance and detailed discussion of ethical considerations.

len1930687

4/6/2018 2:25:04 AM

There is a clearly identifiable concluding paragraph which: restates the thesis statement AND summarizes the main points AND has a concluding statement regarding corporate governance practices and business sustainability. Almost always uses formal, objective and concise language AND Ideas are concise and formal, there are clear and logical connections between ideas, sentences and paragraphs. There are no spelling, grammatical and punctuation errors. The Harvard WSU style for referencing and in text citations are excellent. Authors’ names and dates are presented correctly. Titles are italicised. All required bibliographic details are present. May or may not include view date and URL. Properly punctuated & formatted.

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