Highlights
Tasks
Select a company (it can be the same company you used in the first assessment) and suppose you are one of its independent non-executive directors. Address the following assessment questions based on the disclosed governance information and relevant governance concepts and theories.
Part A. Corporate Social Responsibility
1. Discuss the long-term goal of the selected company and the extent to which it should be accountable for stakeholders’ interests.
2. What is the role of the board of directors in facilitating CSR? Critically discuss how CSR activities will affect your company’s short-term and long-term performance.
Part B. Corporate Risk Management
1. Review and discuss your selected company’s current risk framework, including a discussion of the board committee responsible for risk management.
2. Identify at least eight risks for your chosen company using any method we learned in Module 4. Include two risks resulting from a malfunctioning board. Assess and evaluate the recognised risks by their impact and probability (allocating a level from 1 to 5) and use the tool provided in Activity 4.2: Risk recognition, evaluation and mapping to map the risks into a risk matrix. Finally, discuss appropriate risk mitigation policies for the selected risks. Based on your findings in Part A and Part B above, summarise the key implications and recommendations.
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