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Social and Environmental Reporting   

Assignment 1: Report on a Corporate Social Responsibility (CSR)

Unit Learning Outcomes:

1. Recognize the nature, scope and purpose of social, environmental and ethical reporting and assess the relationship between social, environmental and ethical activities and corporate performance.
2. Evaluate alternative mechanisms for social, environmental and ethical reporting and assess their impact on corporate performance.

What am I required to do in this assignment?

Parkinson (1993) defined the concept of ‘corporate Governance’ as “processes of supervision and control (of “governing”) intended to ensure that an entity’s management acts in accordance with the interest of its constituents”. Cadbury (1992) proposed a simpler working definition of this concept, it’s “the system by which companies are directed and controlled”.

“Corporate governance codes and guidelines were issued in many countries following a spate of corporate scandals throughout the late 20^th and into the 21^st century. One common feature of these scandals was that those controlling the company, the directors, were perceived to have failed to act in the best interests of shareholders leading, in many cases, to the eventual collapse of the company…The aim of the codes seems to be to prevent too much control being exercised by particular individuals (directors) and to support this with both increased transparency (particularly in terms of risk disclosure), and strengthening of the external audit function” (Gray et al., 2014, p.260).

Required:

1. critically summarize the theoretical framework of corporate governance by highlighting its different mechanisms and approaches
2. critically analyze how the board of directors and the external audit could contribute to achieving companies’ sustainable development
3. select any corporate governance report and critically analyze how it aims:

• to create trust and engagement between companies and their investors (shareholders)
• to create trust and engagement between companies and the wider community (stakeholders)

[place-order]

Maximum 2000 words

What do I need to do to pass? (Threshold Expectations from UIF)

• To carry out a critical literature review on corporate governance
• To analyze the role of the board of directors and the external audit in achieving a company’s sustainable development
• To analyze how the selected report on corporate governance tries to create trust and engagement between directors, shareholders and stakeholders in order to contribute to the long-term success of the business