corp gov subject outline

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University of Wales The Turning Point

MAF2 Corporate Governance

Subject Outline The Turning Point

August 2008

Credit Points: 10Lecturer: Raymon KrishnanEmail: [email protected]

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Table of ContentsSection 1: General Information................................................................................3

1.1 Lecture Time & Location............................................................................3

1.2 Brief Outline..............................................................................................31.3 Aims...........................................................................................................41.4 Learning Outcomes...................................................................................41.5 Attendance................................................................................................41.6 Required Texts & Readings.......................................................................41.7 Supplementary Reading............................................................................5

Recommended Journals.......................................................................................................51.8 Course Schedule........................................................................................61.9 Web References........................................................................................71.10 Policies on Educational Issues and Student matters.......................... .....71.11 Assessments............................................................................................71.12 Submission Dates....................................................................................8

Section 2: Assessment.............................................................................................92.1 Grades Awarded........................................................................................92.2 Satisfactory Completion Requirements of this Subject............................102.3 Assessment Weight.................................................................................102.4 Assessments............................................................................................10

Assignment Guidelines......................................................................................................102.5 Examination Information.........................................................................112.6 Google Groups..........................................................................................122.7 Assignment Submission............................................................................17

Section 3: Citation & Plagiarism.............................................................................22

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S ECTION 1: G ENERAL INFORMATION

1.1 Lecture Time & Location

This subject will be taught over 2 weekends, plus have scheduled weekendmeetings to assist with project research and discussion.

Saturday 23 rd August 2008 1000 1800 hrs

Friday 19 th September 2008 1900 2200 hrsSaturday 20 th September 2008 1400 1800 hrsSunday 21 st September 2008 0900 1800 hrs

Saturday 31st

October 2008 1400 1700 hrs EXAMINATION

1.2 Brief Outline

This subject looks at the characteristics and features of the Corporate GovernanceSystems and the legal rules which affect the governance system, with an aim of developing an understanding of the world-wide implications of how corporategovernance system influences business organisations. Students will be asked tocompare and contrast different countries jurisdiction on the formation of board

structures, roles of chairman and non-executives in particular independent non-executive directors. Within this context, students will study how laws, rules andregulations play their role in codifying corporate governance practices.

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1.3 Aims

This module aims:

1. To study characteristics and features of the Corporate Governance Systems andthe legal rules which affect the governance system.

2. To develop and apply an understanding of national corporate governance systemsand how they influence international business organisations.

3. To compare and contrast different countries jurisdiction on the formation of boardstructures, roles of chairman and non-executives in particular independent non-executive directors.

4. To study and understand how laws, rules and regulations play their role incodifying corporate governance practices.

1.4 Learning OutcomesOn successfully completing the subject participants should be able to:

1. Explain the corporate governance framework in Singapore and be able to comparewith other jurisdictions like Malaysia, United Kingdom, and Hong Kong

2. Recognise the history behind governance, its relationship to stock ownership andsome key national models of corporate governance

3. Establish a corporate governance model for own company or industry

4. Apply corporate governance standards and measurements

5. Know and explain the workings of the SGX Listing Requirements and theimplications for corporate visibility

6. Explain the workings of company law and other laws affecting business, and beable to analyse organisations with respect to compliance to these laws

1.5 AttendanceAttendance is strongly recommended in order for students to be able tosatisfactorily attempt the final examination. Students are required to sign in their

attendance for every lecture attended.1.6 Required Texts & Readings

Corporate Governance, 4th Edition(2007) Robert A.G. Monks and Nell MinowWiley & Sons

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1.7 Supplementary Reading Tan L. H., Tan C. H. & Long H. C.

Corporate Governance of ListedCompanies in Singapore

Sweet & Maxwell Asia2006 Low, C.K., Anandarajah, K., Baxt,

B., Bradley, M.Corporate Governance, An Asia-Pacific CritiqueSweet & Maxell Asia2002

Salmon, W.J., Lorsch J.W.,Donaldson, G., Pound, J.Harvard Business Review onCorporate GovernanceHarvard Business School Press.2000

Tricker, B.Essential DirectorProfile Books2003

Kim, K.A., Nofsinger, J.R.Corporate Governance, 2nd ed.Prentice Hall

2006 Bain, N. and Band, D.,Winning Ways through CorporateGovernance,Palgrave Macmillan.1996

Blair, M.M.,Ownership and Control:Rethinking Corporate Governancefor the Twenty-First CenturyBrookings Institution Press

1995 Bradley, N.,

Corporate governance a riskworth measuring, CompanySecretary, March, Vol. 11, No. 3,Sweet & Maxwell, pp.16-192001

Brancato, C.K.,Corporate Governance: Global

Trends Examined from an Asian

Perspective,New York, The Conference Board2000

Cadbury, Sir Adrian (Chairman)Report of the Committee on theFinancial Aspects of CorporateGovernance,Gee Publishing.1999

Donaldson, L and Davis, J H'Stewardship theory or agencytheory - CEO governance andshareholder returns',Australian Journal of Management.Vol. 16, No. 1.1992

Greenbury, Sir RichardGreenbury ReportConfederation of British Industry1995

Hampel, Sir Ronald

Committee on CorporateGovernance Final ReportManagement Accounting (UK)May, 1998

Lo, B.T.,Improving corporate governance:lessons from European communityGlobal Legal Studies Journal, 11,11 May2001

Mintzberg, H

'Who should control thecorporation?',California Management Review,Vol. XXVII, Fall1984

Monks, R. and Minow, N,Power and Accountability,Harper Collins1992

Tricker, R.I.,International CorporateGovernance,Prentice Hall.

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1995

Recommended Journals

Asia Pacific Journal of ManagementInternational Journal of Disclosure and Governance

[http://www.palgrave-journals.com/jdg/index.html] Journal of Financial Economics The International Journal of Effective Board PerformanceBusiness Week Online

[Corporate Governance Special Reporthttp://www.businessweek.com/magazine/toc/02_18/B3781govern.ht

m]Governance Magazine [http://www.governance.co.uk]Corporate Board Member Magazine [http://www.boardmember.com]SMU Corporate Governance Sites Listing[http://www.research.smu.edu.sg/faculty/cgic/links.htm]

Textbook Website[http://www.blackwellpublishing.com/monks/links.asp]

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1.9 Web ReferencesIt is expected that students will make good use of the online materialsthat are now available from a myriad of organisations on the world-wide-web. The following are a list of predominant organisations whose

web sites will provide material most a appropriate to this module.

Http://www.wales.ac.uk/ University of Wales

http://www.economist.com/ The Economist

http://www.forbes.com/ Forbes

http://www.forbes.com/home_asia/ Forbes Asia

http://www.agsm.edu.au/~eajm/ Australian Journal of Management

http://www.spea.indiana.edu/ids/SBE.html Small Business Economics

http://www.businessweek.com/ Business Week

1.10 Policies on Educational Issues and Student mattersPlease refer to the student handbook available from the University of Wales Website.

1.11 AssessmentsAll assignments are expected to be the original work of students. Eachassignment should give details of references used and all quotationsshould be clearly attributed to their source. Although grouppreparation is encouraged it should be noted that collusion andplagiarism will not be tolerated and will be subjected to severepenalties.

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http://www.economist.com/http://www.forbes.com/http://www.forbes.com/home_asia/http://www.forbes.com/http://www.forbes.com/home_asia/http://www.economist.com/


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1.12 Submission Dates

Assignments should be submitted to the office and not directly to thelecturer. A completed Assignment Submission Cover (see attached)

should accompany each assignment. The centre will set deadlines forsubmission of assignments and students must adhere to this deadline.Assignments received one week after the deadline will be markedLate submission and 5% of marks apportioned to the assignmentwill be deducted. Assignments submitted later than a week after thedeadline will be deemed as a fail. Submission of assignments iscompulsory: you cannot pass a module unless you have completedthe assignments.

Submission of an assignment is considered to be final. A student is notentitled to revise an unsatisfactory assignment and may only re-submit an assignment when the Examination Board gives permissionto do so. The assignment mark provides part of the composite subjectmark upon which the award of MBA is based and the submission of assignments should be treated as part of the final assessment and asa formal process.

All assignments are to be submitted electronically via the turnitinwebsite. Assignments are not to be submitted to individual lecturers.

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S ECTION 2: A SSESSMENT

2.1 Grades Awarded

The approved grades of performance and associated ranges of marks this subjectis:

A Grade: To be awarded a Grade A you must provide evidence of wide reading of relevant literature, exercising discernment in the selection of appropriatequotations and evidence to support your work. The use of appropriate models andconcepts should be accurate and demonstrate depth of understanding andcreative application to the subject companies. Your work should be logical andcoherent, presented in an interesting and accessible style. By definition A Gradework is of an exceptional standard.

B Grade: To be awarded a Grade B you must provide evidence of wide reading of relevant literature, selecting appropriate quotations and evidence to support yourwork. The use of appropriate models and concepts should be accurate anddemonstrate understanding and application to the subject companies. Your workshould be logical and presented in an interesting and accessible style. Work in theG Grades can be generally defined as very good.

C Grade: To be awarded a Grade C you must demonstrate that you haveundertaken a review of relevant literature and that you have used the informationto illustrate your answer. You should clearly demonstrate your ability to apply thekey theories and concepts to the given circumstances. Your work should belogical, correctly referenced and convincing. Work in the C range can generally bedescribed as average.

D Grade: To be awarded a Grade D you must demonstrate that you haveundertaken a review of relevant literature. You should attempt to apply relevantmodels and concepts to the given circumstances. Work in the D range is amarginal pass.

E Grade: An E Grade is a marginal fail. Your work may be similar to the

description of C grade, but failing to meet the objectives of the assignment andnot satisfying the learning outcomes. Work not properly referenced.

F Grade: This is a clear fail. Inadequate literature review, not properlyreferenced. Limited attempt to apply models and concepts to circumstancesand/or inaccurate application. General failure to meet the objectives of theassignment and not satisfying the learning outcomes. Work not properlyreferenced.

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2.2 Satisfactory Completion Requirements of this SubjectIn order to satisfactorily complete the requirements of this subject, the studentmust achieve an aggregate mark of at least 50% for the subject, and achieve amark of at least 40 % in the final examination. Students must reasonably

complete all assessment components other than the final examination and submitby the final week of session/ intake or by the final examination date (whichever isearlier) in order to pass the subject. Reasonable completion of an assessmentwill consider instructions given to the student including; word length,demonstration of research and analysis where required, University PlagiarismPolicy, and completion of each section/ component of the assessment. Failure toreasonably complete any assessment components to the standard specifiedabove will result in a Fail grade awarded for the subject. Assessment taskssubmitted after the due date may be penalized. Refer to Penalties for LateSubmission of Assessment policy.

2.3 Assessment Weight

Assessment Type Word Length Weighting

Due Date

1. Assignment 3000 - 3500 40% 19 th September 2008

2. Examination - 60% 31 st October 2008

2.4 Assessments There are two pieces of assessment for this subject.

The assignment information is available in a separate handout.

Assignment Guidelines

Assessment of postgraduate assignments is based on postgraduate standards. This means that an assignment should demonstrate evidence of goodunderstanding of what the question asks. The structure of the answer should berelevant to the question and provide evidence of critical thinking and good use of appropriate research material. Assignments should be correctly referenced usingthe Harvard System of Referencing and Citation of Electronic Sources in line withthe guidelines provided in this Outline.

The assignment is a paper is to be prepared in no more than +/- 10% of the wordcount indicated.

Please type wherever possible, using 12 point font, Times New Roman or Arial.

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Please note: Any analysis and evaluation conducted should make appropriate useof the methodologies, concepts and frameworks studied in the module.

You are also encouraged to read other sources at your discretion.

Plagiarism will not be tolerated. Please see the guides to citation,referencing and plagiarism appended to this outline.

Students must retain a copy of all assessment work submitted. Marks will notusually be modified or scaled. Feedback on assessment tasks will be returned tostudents before the final examination date.

Although student attendance records will be kept, attendance or classparticipation will not be part of the assessment for this subject.

2.5 Examination Information

There is an examination for this subject. It is scheduled for 5 th April, 2008.

Please follow the examination information as uploaded in your Google Group formore information.

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2.6 Google Groups

Additional information is made available to students from the school and yourlecturer through the use of Google Groups. This allows:

Files to be shared amongst everyone in the group Emails to be sent to everyone using a single email address

Please note that basic information about the requirements for citation andreferencing, information about examinations and other useful documents are alsoplaced in the group for your access.

When you commence each subject, you will be sent an email that will allow you toaccess the Google Group for that subject. A step-by-step guide on how to accessGoogle Groups follows.

STEP 1: Open the email(please check your spam box if you cannot see the email in your in box)

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Step 2: Sign in to the Google Group

If you are not signed in to a Google Account

Click on the 'sign in and apply for membership' as indicated above. This will allowyou to sign in to Google Accounts, Apply for a Google Account (if you don't alreadyhave one) and enter the group.

If you are already signed in to a Google Account

Refer to Step 4 you should be permitted to access the account automatically. If this doesn't happen, then please click on 'Apply for membership'.

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Step 3: Sign into your Google Account

(1) If you already have a Google account, please sign in.

(2) If you do not have a Google account, please create one **

** Note that creating a Google Account DOES NOT automatically give you a newemail address. It just associates a Google Account with your existing emailaddress.

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Step 4: Set up how you want to participate in the group.

Our suggestions are below.

You MUST specify a nickname. Your name is probably a good idea.

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Please note that you must click on 'Accept invitation' to access the group.

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Step 5: Access and Explore the online area of the group

Note the areas 1, 2 and 3 above which will have information for your reference.

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2.7 Assignment Submission You are required to submit your assignment online through the website servicecalled Turn It In. Instructions are as follows.

STEP 1: You will receive an email like the one below.

Click on the link in the email: http://submit.ac.uk

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http://submit.ac.uk/http://submit.ac.uk/


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STEP 2: Enter the 'Turn It In UK' website

After you click on the link in the email, you will see the following web site (orsomething similar)

Click on [user login]

Use the username and password in the email to log in.

You will be prompted to change your password. Please do so and choose apassword that you will remember. Write it down somewhere just in case.

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STEP 5: Upload the file to the system

Fill in the fields as requested, select the file using the browse button, and click on'SUBMIT':

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STEP 6: Verify your submission

You will see the screen below, which will have a copy of your assignment printedout. Read your assignment AND VERIFY THAT IT IS ALL THERE. If it is OK, click on'yes, submit'.

If there is a problem, click on 'no, go back' and upload your file again.

The file types that will be accepted are: MS Word, WordPerfect, PostScript,PDF, HTML, RTF, and plain text.

TROUBLESHOOTING TIP: If you have trouble submitting your file using MicrosoftWord, then use the cut and paste method. To do this, go back to Step 5 andchange the 'submit a paper by' to 'cut and paste' instead of 'file upload'.

STEP 7: Once your assignment has been submitted, your screen will show

confirmation of the submission and email you a digital receipt to confirm that yourassignment has been received by the system.

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S ECTION 3: C ITATION & P LAGIARISM

Please see the attached guide from the University of Wales for information on howto avoid plagiarism and reference for your assignments.

corp gov subject outline

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