Reference no: EM132323591
Need to Take AUSTRALIAN Based Company whoever breach or break any law in PAST
Give Introduction to Company and took their Cases to explain based on assignment Instructions
Written Report
This is the major piece of work for this course and as such, should satisfy the following criteria:
• Demonstrate understanding of the legal/ regulatory environment and relevant laws as well as economic, ethical. social/cultural. international and political issues
• Demonstrate the ability to investigate, synthesise and analyse
• Demonstrate understanding as to the most appropriate. efficient and effective means of managing the legal risks that arise from the circumstances
• Clearly and convincingly communicate the findings
• lie between 4000-5000 words
Topic: EITHER: For a selected organisation:
(a) Summarie in about 250-500 words the characteristics features of the organisation (you ran choose a statutory/government body or select a business or not-for-profit organisation if you prefer and describe what goods'services it provides).
(b) Outline any legal governance. management and relationship issues that affect the organisation as a whole (this is to link you into the lecture material) (shout 250-500 words- awareness not depth is requited at this stage
(c) List any general and specific legislation that is of parirculat imponance in regulating the organization and any relevant industry us similes bodies
(d) Outline areas of high legal risk fur the organisation as a whole and SELECT ONE to be the centre of your discussion and analysis
(e) Explore the reasons and implications of this legal risk for the organisation both short -tent and those that may arise in the long-tent.
(f) Identify and describe strategic options for management of this legal risk and evaluate those
options in tarns of cost and benefit w the organisation
(g) offers recommendations as to the most appropriate option and the rationale for those recommendations.
OR: for a selected piece of legislation, legal policy area or area of common law:
(a) Summarise in about 250-500 words the focus/rationale/intent of this policy, legislation or common law
(b) Outline any legal governance, management and relationship issues that are shaped by the above (this is to link you into the lecture material) (about 250-500 words awareness not depth is required at this stage)
(c) List how the legislation etc applies to organisations and any relevant industry or similar bodies
(d) Outline areas of high legal risk fur ownisafiuns that emerge from the policy etc and SELECT ONE to be the centre of your discussion and analysis
(e) Explore the reasons and implications of this legal risk for such organisations both short -tem' and those that may arise in the long-term.
(t) Identify and describe strategic options for
martagetnent of this legal risk and evaluate those options in terms of cost and benefit to organisations
(g)offers recommendations as to how this legal risk might be managed, the most appropriate option and the rationale for those recommendations.
Example of links between points in final essay and questions. issues and need lot further research
Assuming:
Your essay is around CSR (corporate social responsibility) and commercial responsibility of a particular company owned by the government (an SOE or State Owned Enterprise). One of the most important areas to look at is governance.
Area to discuss: the main theories of governance as they relate to such a company.
• What are the major theories?
o Agency
o Stakeholder
a Institutional
o Resource Dependency
• Possible Referenceskesources (this is a long list. you might want to reduce it down)
o Statute (Corporations Act 2001 - formation and governance generally Competition and Consumer Act 2010 - competitive neutrality)
• Donaldson, T., & Preston, L. E. (2005).
The stakeholder theory of the corporation: Concepts, evidence and implications. The Academy of
Management Review, 20(1), 65-91. (Stakeholder Theory - what It is)
o Fama, E., & Jensen, M. (1983).
Separation of ownership and control. The Journal of Law and Economics, 26(2), 301-25. (Agency Theory, rationale and application)
Francis, R. (2000). Ethics and corporate governance: An Australian handbook.
Sydney: University of NSW Press. (identifies and discusses the relationship of ethics (relevant to CSR) and governance in Australia)
• Freeman, R. E., & Reed, D. L. (1983).
Stockholders and stakeholders: A new perspective on corporate governance. California Management Review, 25(3), 93-94. (discusses difference between shareholder and stakeholder approaches to governance)
o Van der Slam. P. Institutional theory. Unpublished paper. (examines and discusses institutional theory)
a Rutherford, M. (1995). The old and now institutionalism: Can bridges be biult?Journal of Economic &sues• 29(2), 443 (describes the different sorts of institutional theory)
o Pfeffer, J. and Salancik, G.R. (1978). The External Control of Oiganizallons: A Resource Dependence Perspective. New York: Harper and Row
(discussion of resource dependence theory and its application to companiestoards of directors)
• Other questions to discuss or research:
o How do these theories relate to governance in the particular context?
o What critique: have been kvclled at the governance practice in SOkst
o How does governance practice tic into CSR?