3. Corporate governance is driven by various factors in the companv. How can the management and directors contribute to promote effective and good governance: Is there aspecific paradigm in implementing corporate guvernance? 4. Do the benefits of practicing corporate governance outweigh its financial costs? Explain. 5. Is compliance to government regulations a sufficient indicator of corporate governance? Explain.

What are some of the barriers and enablers of good governance and what resource can be used to identify these?

Which ONE of the following is not a management responsibility as per Corporate Governance Code? a) Set policies on internal control b) Identify and evaluate risks c) Assists compliance with laws and regulations d) Design, operate and monitor the system of internal control e) Obtain understanding of the business and the risks it faces Only c) Only c) and e) Only b) and e) Only c) , d) and e)

22. Which of the following best describes an organization’s obligations toward society?a. Ethicsb. Moralsc. Valuesd. Corporate social responsibility

what is environmental,social and corporate governance? what does esg do? illustrate some examples.

What lessons can members of a board of directors take away from the Carlos Ghosn saga? What actions can boards take to limit the chance they will face a similar scandal?  discuss where Nissan missed the mark and how the board can act to ensure that the firm moves appropriately in this direction. Look to the discussion of integrity-based and compliance-based approaches to ethics, and discuss how the board should use each of these approaches. Ethics can be defined as a system of right and wrong. Ethics assist individuals in deciding when an act is moral or immoral, socially desirable or not. There are many sources of ethics: religious beliefs, national and ethnic beliefs, community standards, family practices, educational experiences, and friends. Business ethics is the application of ethical standards to commercial enterprise. How would you apply any of the concepts on ethical leadership to this situation? What sort of punishment does Carlos Ghosn deserve for his actions?

Why does a CISO need to be able to differentiate the drivers of corporate governance and IT governance? Compare and contrast corporate and IT governance from the standpoint of someone trying to explain the difference to IT personnel who may not know the corporate drivers.

The corporate governance scandal brought to light many issues which have played an important role in determining the enhancement process addressed by the Government of Malaysia. The fact that agency problems occur between shareholders and mangers and/orshareholders and board of directors these problems were major factors why there was a real need to improve the corporate governance mechanism. The agents or mangers have been accused of not acting on the shareholders best interests. Managers are also blamed for their lack of responsibility for business practices since they do not show the concern as if they were owners themselves.(Extracted from: What Has Changed? The Development of Corporate Governance in Malaysia, Sulaiman Alnasser, 2012, Journal of Risk Finance)REQUIRED:(a) Explain TWO (2) reasons why corporate governance received attention by the Government of Malaysia.

Ethics is vital part of management practice. Ethics provide competitive advantages to organizations. (TRUE OR FALSE)

A simple normative argument to support the stakeholder theory of the firm might be: "Its the right thing to do. Corporations have great power and control vast resources, and these privileges carry with them a duty towards all those affected by the corporations actions (stakeholders)". True False