Corporate Governance
Various financial scandals have brought to the fore the need to ensure effective corporate governance. On a global scale, we have witnessed developments in international corporate governance, which have consistently highlighted the commonalities, and differences in corporate practices adopted. There is increasing effort on an international level for corporate governance standardisation, in order to ensure consistent practices across the board, reduce cost of capital for Multinational Companies (MNCs) and increase cross boarder institutional investment. The Corporate Governance module focuses on and critiques the different approaches to corporate governance taken in various jurisdictions. Despite the different forms of company law and differing rules about listing on the stock exchange in the various jurisdictions, most of the studies and reports about corporate governance are consistent in identifying the characteristics of good corporate governance. That is, everyone knows what good governance comprises; its characteristics are consistent across jurisdictions. What may vary across different jurisdictions and industries, and even across different companies, are their governance practices and the extent to which the companies practice good governance. In your Final Project you will need to devise and structure a detailed research paper on the following Question. Question: Carry out a comparative analysis of the similarities, differences and effectiveness of the corporate governance codes and legal rules and practices adopted in the countries identified. You should critically assess your countrys corporate governance codes, legal rules and practices and compare the approach adopted with that adopted by another countrys governance codes and legal rules with which you are familiar. You should also identify the strengths and weaknesses of the practices and explore obstacles, which need to be overcome in order to improve corporate governance. The aim this week is to submit a concise first draft of your Final Project, which addresses the following: Title of the Final Project Introduction Aim and Objectives of the Final Project Background Content outline which identifies key issues and applicable Corporate Governance Codes and legal rules Conclusion References which contain a robust combination of secondary sources of law such as textbooks and journal articles and primary sources of law such as applicable Corporate Governance THE REFERENCING FORMAT IS OSCOLA THE COUNTRIES CHOSEN FOR ME BY THE TUTOR ARE ZAMBIA, CHINA AND THE UK. I had done a research proposal on just Zambia and the UK and it was assessed as being poorly done. i will attach it for reference only. Information about various corporate governance codes can be found in Chapter 3 of Mallin. The approaches to corporate governance in various countries are discussed in Chapter 10; 11; 12 and 13 of Mallin. Links where you can download governance codes include www.ecgi.org, the Web site of the European Corporate Governance Institute, and www.oecd.org, the OECD Web site, which includes the OECD Principles of Corporate Governance.