Good Corporate Governance

Required: Write an essay on the following question: What is corporate governance and when can such governance be described as "good"? Your essay should be referenced to relevant legislation and case law and should consider such issues as:

a) How is good corporate governance achieved?

b) Why is this concept important to Australia?

c) What are the roles, responsibilities and powers of the Board of Directors, Management and shareholders?

d) How does the Board add value to a company?

e) What are at least two of the theories that are used to "measure" corporate governance? How do they measure "good" corporate governance? E.g contractual theory and the communitarian theory, stakeholder theory

f) What disclosures to shareholders are required by law and why?

Introduction

* The facility of Turnitin has been setup for students to submit their assignments.

* The intention is to help students detect any deficiencies in their referencing and/or paraphrasing.

* Four assignment tabs have been currently created for you to submit your assignments, giving you the flexibility to submit up to four assignments at any one point in time.

* Note that if a particular unit requires you to submit your assignment to Turnitin, you should only submit to the Turnitin under the unit assigned.

* The Originality report shows matches between a student's assignment and the Turnitin database. Where matches are found students must decide if the matched text requires rework and/or referencing and citation. In the first instance, Turnitin detects all matching text regardless of whether it is referenced appropriately or not.

* As a guide, 20% is the maximum acceptable amount of direct quoted material that may be used in each assignment. Any direct quoted or paraphrased material must be appropriately referenced.