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Corporate Governance And Ethics(Buss 426) Question Paper

Corporate Governance And 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
Discuss the key pillars of good corporate governance by use of clear illustrations.
(10 marks)
Explain the advantages and disadvantages of using remuneration consultants when negotiating a remuneration package for an incoming senior executive.
(12 marks)
What are the key benefits of effective corporate governance systems in an organization?
(8 marks)

Question Two
You have been appointed as company secretary of a medium sized listed company. Discuss measures that you would take to improve the quality of decision making by the board.
(10 marks)
Discuss the general nature and attributes of relationships between a firm and its shareholders.
(10 marks)

Question Three
Explain the meaning of internal control systems and describe ways in which an organization can establish an effective internal control system.

(10 marks)
Discuss the fundamental rights of shareholders in a firm.
(10 marks)

Question Four
Power in organizations influences the performance and behaviour of individuals. Highlight and describe five sources of power.
(10 marks)
What are the main differences between corporate governance in major stock market companies and governance in a state owned organization?

(10 marks)
Question Five
Discuss the nature of socially responsible investment (SRI) and its relevance for the governance of companies.
(15 marks)
Explain briefly the significance of corporate social responsibility programs.
(5 marks)

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