Required:
Assume you are employed in a management consulting firm and have expertise as a corporate
governance specialist. Your client, Tourism Australian has requested you to provide a one
page brief (maximum 250 words) specifying the essential criteria for a director to be
appointed to the board of Tourism Australia.
The client has said; ‘Make it brief, I’m too busy to read a long document. You should follow
the ideas of former UK Prime Minister Winston Churchill who stated:
‘To do our work, we all have to read a mass of papers. Nearly all of them are far too
long. This wastes time, while energy has to be spent in looking for the essential points.
I ask my colleagues and their staff to see to it that their reports are shorter. The aim
should be reports which set out the main points in a series of short, crisp paragraphs…’
Required
Assume you have been employed as a corporate governance consultant by the Australian
Institute of Company Directors (AICD). The AICD is concerned that investors do not value good
corporate governance in their investment decision-making models. Your assignment is to
prepare a report to be submitted to the AICD evaluating the evidence that good corporate
governance is positively associated with high investor returns. In your report the AICD has
asked you to make recommendations so that companies with good corporate governance
practices can align these practices to maximise their investor returns.
Required
Assume you have been employed as a corporate governance consultant by the Australian
Shareholders Association (ASA). The ASA is concerned with the risks associated with
investments in corporations that do not have a ‘best practice’ whistleblower policy. In order
to minimise this risk the ASA wants to know what are the best-practice contemporary
standards for whistleblower policies. Your assignment is to prepare a report to be published
on the ASA web site recommending best-practice whistleblower policy for adoption by listed
companies on the Australian stock exchange.
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