Discuss the concepts of responsibility, accountability, stewardship and fiduciary duty in relation to corporate governance. To what extent do the emphases on these concepts vary among definitions of corporate governance?

business

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Required:

Please refer to Chapters 1, 7 and 8 in your textbook and relevant other sources and answer the following (Approx. 800-1000 words each):

·         Discuss the concepts of responsibility, accountability, stewardship and fiduciary duty in relation to corporate governance.  To what extent do the emphases on these concepts vary among definitions of corporate governance?

·         Considering the main theoretical frameworks underpinning corporate governance, compare and discuss the extent to which these theories are expressed within the corporate governance legislation, policy and/or code/guidelines for a country characterised by an outsider (shareholder) system of governance versus a country characterised by an insider (stakeholder) system. 

 

Useful Websites:

 

http://www.ecgi.org/codes/all_codes.php

https://www.oecd.org/daf/ca/OECD-Survey-Corporate-Governance-Frameworks-Asia.pdf https://www.tpk.govt.nz/en/whakamahia/effective-governance/

https://fma.govt.nz/compliance/guidance-library/corporate-governance/corporate-governance-in-new-zealand-principles-and-guidelines/ 

https://fma.govt.nz/assets/Reports/141201-FMA-Corporate-Governance-Handbook-Principles-and-Guidelines2014.pdf

http://www.oecd.org/dataoecd/32/18/31557724.pdf

 

You may consult beyond these general web sources, the textbook and class materials in your research of information on this topic area. 

The aim of this assignment is to address Learning Outcome 1: Compare and contrast principles of corporate governance applicable in various international jurisdictions.

 


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