Different countries have adopted different approaches to
corporate governance. The UK has a principles-based approach
whilst other countries have moved more towards a rules-based system (USA) and others have a mixture of both (Malaysia).
Compare and contrast the UK approach to that that of one other country clearly demonstrating the rationale for each approach and giving examples of successes and failures of those systems.?? (40marks)
What lessons can the UK learn from other jurisdictions about ways to improve our own system? For this there are three areas that you should focus on;
a) Would a rules-based system better suit the UK
b) The role of NEDs in the system
c) The role of institutional investors.
Some points should be consider:
who is inside the system and outside the system??Some countries have two board such as Germany.talk about the owners for the company and what is the affect has on the company for example (family ownership) or the role of the shareholders such as sky company the owner has less than 50% of the shares but he has the power over the entity. (60 marks)
Some books should use as references:
Soloman J. (2010) Corporate Governance and Accountability, Wiley
Collier P.(2009)Fundamentals of Risk Management for Accountants. Wiley
Jones, T. (2007) For Business Ethics, Routledge.
Desjardins J (2000)Business Ethics and the Environment .Pearson.
Lee T A (2007) Financial Reporting and Corporate Governance, Wiley
Word limit/presentation criteria:
2000 words excluding list of references, appendices, figures and tables.
Examples must be used:
2010 Deepwater horizon
2011 PPI scandal
2012 HSBC Money laundering
2014 Tesco £235
2015 Libor London Scandal
2016 panama papers 2016
2017 Paradise Papers BBC
2018 Where did it go wrong for Carillion
Assignment status: Solved by our experts