Assignment Task: Corporate Governance and Ethics - Evaluation of Real-World Ethical Problems
I. Define governance and explain its function in the effective management and control of organisations.
II. Analyse the most important mechanisms related to good corporate governance and board effectiveness.
III. Evaluate the role of the CFO/chief accountant in risk management and internal control, including review and compliance.
IV. Evaluate the legal framework for corporate governance and the ethical conduct of companies.
V. Demonstrate an understanding of the professional values and judgements made, using an ethical framework that is seen to be in the best interests of society and the profession, in compliance with relevant professional codes, laws, and regulations.
Case Study (attached):
The module coursework is focused on applying learning and theory to a real-world ethical business problem.
John, Jacob, and Joshua met as undergraduates in university. All three of them were students in the same university but were part of different departments. John was an artist and had a creative mind. He was a top student of the Creative Graphics and Animation department. Jacob, always business-minded, was registered in the business department, where he won a prize for best innovative business strategy. Lastly, Joshua is a computer programmer and started developing gaming applications when he was still in high school. All three of them became good friends and decided that they would pool their talents after graduating to start a business.
Your Task:
As you will submit a report to the owners of J Games, your task is to address the following issues raised during their meeting with you. Before the report, however, you resolved to do a preliminary written assessment to guide your in-depth investigation. Your task now is to write an essay following the guidelines below.
Part 1: Identify the ethical issues presented in this case. The ethical issues may not necessarily be legal issues, although they may overlap. Briefly explain how the identified ethical issues came about.
Part 2: Critique the governance styles of Joshua, Jacob, and John and the company. Identify the governance failures and gaps.
Part 3: Choose ONE strategic framework or one of the key theories discussed in the module (including feminism, CRT, CLS, utilitarianism, categorical imperative, Drucker, or organisational behaviour). This essay, which should be brief, must include the following components:
- A description of the organisation culture and a definition of the company framework and its objectives (5 marks)
- The definition of the key theoretical and philosophical ideas and tasks which should be measured, with priorities
- Specific issues that the executives and accounting teams at the organisation need to take into account
- An analysis of current trends and objectives in the literature
- A proposal for the business in the case study based on the strategic framework
- Strategic recommendations to the business for improving its culture and structure based on the three questions above
- A rationale for your decisions using academic research
- Identification of key current business issues that can be monitored and addressed with a clear rationale for why this should be undertaken
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Attachment:- Assessment of Real-World Ethical Problems.rar