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Good Corporate Governance

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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?


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