Knowledge and Understanding of Corporate Governance

L03: Identify the financial and ICT issues for key business functions.

L04: Appraise and recognise use of corporate governance and ethics within a business context.

In order to achieve full marks, you must submit your work before the deadline. Work that is submitted late – up to five working days after the published submission deadline - will be accepted and marked. However, the element of the module’s assessment to which the work contributes will be capped with a maximum mark of 40%.

Work cannot be submitted if the period of 5 working days after the deadline has passed (unless there is an approved extension). Failure to submit within the relevant period will mean that you have failed the assessment.

“Corporate governance involves a set of relationships between a company’s management, its board, its shareholders and other stakeholders. Corporate governance also provides the structure through which the objectives of the company are set, and the means of attaching those objectives and monitoring performance are determined” OECD,

Corporate social responsibility (CSR) can be defined as where a business attempts to meet certain ethical, legal and commercial expectations as set by society. As a business goal, corporate social responsibility has grown in importance over recent years.

ASSESSMENT TASK 2:

A. Evaluate the importance of Corporate Social Responsibility (CSR) for the same organisation of your choice in Task One above.

B. Apply Archie Carroll’s (1991) CSR model to your chosen organisation.

C. Presentation, grammar and referencing

ASSESSMENT CRITERIA.

• Knowledge and understanding of corporate governance.

• Abilities to appraise and recognise use of corporate governance and ethics within a business context.

• Understanding of the importance of Corporate Social Responsibility (CSR)

• Understanding of a CSR model (Archie Carroll’s model) and its practical applications.

POINTS TO CONSIDER

1. You must briefly discuss corporate governance, including the responsibilities of the Board of Directors to the stakeholders.

2. Explain the four areas that make up corporate social responsibility as identified by Archie Carroll. (1991). Apply this model to your chosen company. Please give relevant practical examples to demonstrate your understanding of this model.

Further Details:

• This assignment must be completed individually as a management report, following the appropriate academic structure:

• The word limit for this assignment is 2500 words. This word limit does not include the executive summary, tables, diagrams, appendices or references.

• Assignment submissions will be made via Turnitin. Please ensure you have your user login and password well before the submission date.

• If you share your work or, parts of your work, with another student this is an academic offence (collusion) and will result in a fail grade.

• You must use Harvard Referencing (Citations in-text) to acknowledge your sources of information and provide a reference list (and bibliography where appropriate). Failure to do this is an academic offence and will result in a fail grade.