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Governance &Amp; Ethics(Buss 426) Question Paper

Governance &Amp; Ethics(Buss 426)

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2013

TIME: 2 HOURS

INSTRUCTIONS
Answer question one and any other two questions.
Question One
Corporate governance deals with mechanisms used to manage relationships among stakeholders
With use of clear practical illustration explain the concept of corporate governance.
(5 Marks)
Explain any three internal corporate governance mechanisms and two external governance mechanisms.
(15 Marks)
In relation to corporate governance explain the concept of agency relationship and agency problems.
(10 Marks)

Question Two
The key cornerstone in good corporate governance is balancing and managing the diverse interest of various stakeholders groups. Using the Medlows stakeholder model illustrate with an organization of your choice how to balance the interests and power of key stakeholders groups. (20 Marks)

Question Three
Explain factors that would motivate managers to do voluntary disclosure.
(12 Marks)

Extending and explain key areas prone to conflict of interest in corporate governance.
(8 Marks)

Question Four
Explain the key pillars upon which good corporate governance practices are formed.
(12 Marks)

Explain the link between Risk management and corporate governance; show the main types of risks facing organizations.
(8 Marks)

Question Five
An organizations ethical stance is the extent to which it exceeds its minimum obligation to stakeholders
Explain individual factors that influence ethical decision making. (12 Marks)
Discuss the advantages of a principle-based professional code of ethics.
(8 Marks)

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