Back
Back
Back
Back
Back
Back
Back

Welcome to Live Chat

Welcome to LiveWebTutors Services, World's leading Academic solutions provider with Millions of Happy Students.

Call Back
logo

24x7 Support Available

To Get the Best Price Chat With Our Experts

chat now

In A Hurry? Get A Callback

logo

shopping cart 0

Subject Solutions Code Description Price Delete

Amount Payable : $0

continue shopping proceed to checkout

World's Leading Assignment Library

Research some aspects of corporate governance.

Question Preview:

To enable you to research some aspects of corporate governance. It is important for you to have time to think through how to structure and present arguments, and to review and discuss what the law is or should be in a particular area. Whilst discussion with others is encouraged, the final piece of work must be your own. Word Limit 2,300-2,500 in total (assignments exceeding the word limit may not be marked and may be returned to the student for re-writing; assignments less than the required length will risk not covering the topic adequately and may result in a fail). Do not include sy...

View Complete Question >>

Question Preview:

To enable you to research some aspects of corporate governance. It is important for you to have time to think through how to structure and present arguments, and to review and discuss what the law is or should be in a particular area. Whilst discussion with others is encouraged, the final piece of work must be your own. Word Limit 2,300-2,500 in total (assignments exceeding the word limit may not be marked and may be returned to the student for re-writing; assignments less than the required length will risk not covering the topic adequately and may result in a fail). Do not include synopsis, references or bibliography in the word count. Note: All Federation University Australia rules relating to referencing, citation and acknowledgement must be complied with. Due Date Please see your lecturer for details of submission through Moodle. Assignment is due by the end of Week 8 Required Complete the tasks in Part A and Part B. Part A (60 marks) A currently debated issue in corporate governance is a requirement for boards to consist of a majority of independent directors. Consider the above statement, then identify and discuss both the arguments for and against the proposal that boards should consist of a majority of independent directors. Your discussion must include a response to the following: what does the term 'independent director' mean? should specific board positions be held by independent directors (eg Chairman). If so, why? If not, why not? What is the primary role of a board of directors? Is the primary role of a board of directors best met by having a majority of independent directors on the board? is there evidence of a positive correlation between an 'independent board' (ie a board consisting of a majority of independent directors) and corporate performance? Part B (40 marks) There are formal regulatory approaches to corporate governance and voluntary, self-regulation approaches. Give an example of each. Identify and briefly explain both a theory of corporate governance that supports a formal regulatory approach (20 marks) and a theory that supports a voluntary, self -regulation approach (20 marks).

View Less >>

Solution Preview

A currently debated issue in corporate governance is a requirement for boards to consist of a majority of independent directors.The Independent Director is a director of the board of directors who doesn’t have any kind of material or financial relationship with company or the related persons apart from sitting fees. Independent directors don’t have any proper share in the company. Some companies believe that the non executive directors are very different from the Independent Director in where the non-executive director are allowed to hold the shares of the company while the Independent Director are not allowed. The Companies act 2013 sets to see the provisions which are related to the independent directors over all by seeing the greater powers and their responsibilities in the governance of the company. There are no open provisions for being independent directors under the companies act and only the clause no 49 of the agreement has said for the induction of the independent directors and made it compulsory for the listed companies. So the ministry of the corporate affairs is carried out by the corresponding changes regarding provisions of the act which is an attempt to include all the requirements of having overall independent directors on the listed companies so as to have a check on the corporate powers. The independence of boards from the external influences this is very important and also proportional for the effective corporate governance. Thus we can say there is need for the strong legislation that are related to the independent directors and became very important and led to the performance of the act.

question Get solution

$23

Orginal Price : $29.90

Pay Now

Upload Assignments

250 words

side

Get Your Assignment

Don’t delay more, place your order now. Quick assignment help will be offered to you.

Order Now

CUSTOMER REVIEWS

Excellent

logo

Based on 702 reviews See all reviews here

One of the Best Service

I trust LiveWebTutors for my assignments because of their ability to deliver the perfect assignments time and again. Only a few of my assignments required minor revisions. The rest assured it is the best assignment writing service in the market.

Elizabeth
Sydney

Great Service and on time

I felt so exhausted and burdened with the large number of assignments I had to write and desperately needed someone to help me with all the writing and there was LiveWebTutors company on the internet. They finished my assignments before the due date and also offered me a first-timer discount.

Christina
Perth

One of the Best Assignment Provider

I ordered my Mathematics and Marketing assignments from them last month. I received the content on the set date. Most importantly, the assignments were well-written and plagiarism free. I scored a top grade for the assignment written by them. They are a reliable company.

Oli
Brisbane

Very Helpful Customer Service

I was quite unsure about getting my assignment written online but after coming across LiveWebTutors.com, all my worries have vanished. The quality of the assignments written by their writers is just invincible. Their customer support is very polite and helpful. You should try their service at least once

Kabir
Adelaide