Reference no: EM131203952 , Length: word count:1500

Organisations Law Assignment-

Assignment 1 - Question

Read Frank Clarke and Graeme Dean, 'Corporate Collapses Analysed' in John D Adams et al, Collapse Incorporated: Tales, Safeguards and Responsibilities of Corporate Australia (CCH Australia Ltd, 2001) pp 71 - 98.

This chapter, written before the Global Financial Crisis, notes the recurrent nature of corporate collapses with few warning signs.

Select one mechanism of corporate governance, for example, accounting standards, ASX listing rules, directors' duties, auditing standards etc. and discuss how this mechanism should work to ensure that companies operate competently and/or ethically.

In your view, are there any further improvements that could be made to that mechanism to enhance corporate governance?

Research:

• Evidence of independent research
• Research is relevant to the topic

Analysis:

• Student understands the topic
• Student presents different points of view (if applicable)
• Student displays critical thinking where required
• Presentation of well-constructed argument

Presentation:

• Proper citation in footnotes and a bibliography
• Clear expression used throughout the essay
• The essay is well structured
• The use of headings and sub-headings is acceptable

Assignment 2 -

1. Give background- From chapter that you need to read, summarise reasons identified by author as to why collapses have occurred factors? Note HIH collapse reasons.

2. Select one mechanism e.g. Directors duties: Discuss how this mechanism should work to ensure that companies operate "competently" and/or "ethically" (define competently & ethically).

- Importance of good corp governance; several sources.

3. In your view, are there any further improvements that could be made to that mechanism to enhance corporate governance?

Improvements-

-improve acc standards

-improve auditing standards

-improve duties.

Assignment Link - https://www.dropbox.com/s/umvrl9fdvminacc/Law%20Assignment.rar?dl=0.