MBF405-Corporate Governance, Ethics and Compliance

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Summer 2013

 

Master of Business Administration-Banking & Finance-Semester 4

 

MBF405-Corporate Governance, Ethics and Compliance–4 Credits

(Book ID: B1411)

Assignment-60 Marks

 

Note: Assignment (60 marks) must be written within 6-8 pages. Answer all questions. Kindly note that answers for 10 marks questions should not exceed 400 words and 5 marks should not exceed 200 words. Each question is followed by evaluation scheme.

 

 

Q1.Consider you are the manager of a banking organisation. You find negligence of work. In such a situation, what theory of ethics can be applied?

(Concept-2marks; Ethics- -8marks)(7 10 marks

Answer : It doesn’t matter what you build, invent or sell; your organization can’t move forward without people. CEOs, company founders and managers the world over know that keeping the teams beneath them moving forward together in harmony means the difference between winning and dying.

 

 Theories & ethics to be applied to make your employee work harder :

 

  • Build Ownership Among Your Crew

 

 

 

 

Q2.Explain the conflicts involved in decision making.

(definition-2marks; methods-8 marks)10 marks

Answer : Management usually views workplace conflict in a negative light, and with good reason. Workplace fights, figurative and literal, seldom end well. However, some human resource authorities, including a Monash University webpage titled “Guide to Managing Conflict,” say that workplace conflict is an opportunity for an organization to improve, provided the resolution to the conflict is handled well. Conflict shakes an

 

 

 

Q3.Consider a minimum of five financial scams that took place previously. Try to analyse why it is considered to be a scam and which operational area it belongs to.

(Operational areas of Financial ethics-10marks)10 marks

Answer : A confidence trick (synonyms include confidence scheme and scam) is an attempt to defraud a person or group after first gaining their confidence. A confidence artist (or con artist) is an individual, operating alone or in concert with others, who exploits characteristics of the human psyche such as dishonesty, honesty, vanity, compassion, credulity, irresponsibility, naïveté, or greed.

 

There is one industry that is growing rapidly: financial scams. These range from the sophisticated to the downright weird – but all have the same aim

 

 

Q4.Define public policy management and analyse the public policy process.

(explanation- 2 marks; policy- 8marks)10 marks

Answer : Public policy is the principled guide to action taken by the administrative executive branches of the state with regard to a class of issues in a manner consistent with law and institutional customs. In general, the foundation is the pertinent national and substantial constitutional law and implementing legislation such as the US Federal code. Further substrates include both judicial interpretations and regulations

 

Q5.Describe internal Corporate Governance mechanism .

(types-2 marks; need-4 marks; challenges-6 marks)10 marks

Answer : Effective corporate governance is essential if a business wants to set and meet its strategic goals. A corporate governance structure combines controls, policies and guidelines that drive the organization toward its objectives while also satisfying stakeholders’ needs. A corporate governance structure is often a combination of various mechanisms.

 

Types :

  • Internal Mechanism

The foremost sets of controls for a corporation come from its internal mechanisms. These controls monitor the progress and activities of the

 

 

 

Q6.Describe Corporate Governance from a bank’s perspective.10 Marks

(Importance-3 marks; practices-3marks; performance in banks-4 marks)

Answer : Corporate governance refers to the system by which corporations are directed and controlled. The governance structure specifies the distribution of rights and responsibilities among different participants in the corporation (such as the board of directors, managers, shareholders, creditors, auditors, regulators, and other

Dear students get fully solved assignments

 

Send your semester & Specialization name to our mail id

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