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ACCT19083 corporate governance and ethics assessment answers are usually based on an analysis of four main principles of corporate governance. These four frequently sought principles include the following:
This is explained as an obligation or responsibility for explaining the person's actions and code of conduct. The role of the board of directors is quite crucial in making balanced and regular communication to their team members. Accountability virtue applies to each member in the hierarchy, working within an organization. Therefore, it becomes imperative for the students to have a good understanding of these fundamentals.
This is required to be applied both externally and internally. This provides clarity for the accurate details provided by the stakeholders to the market as well within an organization. The virtue of transparency helps in establishing trust and faith.
This element in an organization helps in enabling a voice to the stakeholders to provide their concerns and grievances. The stakeholders and staff members should be well-informed at all times regarding any potential updates in the system. This virtue also ensures equal dignity and respect for each member and thus, can be considered as an integral part of corporate ethics.
This defines the relationship between the managers and stakeholders. Good corporate governance ensures an organization's reliable and legitimate practice. This also contributes largely to the functioning of civil society. As a student, you are required to grasp these fundamentals for a better understanding of the subject. Therefore, seeking professional guidance can make the task easier for you.
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Attached below is a sample of ACCT19083 corporate governance and ethics Assessment Answers. The assignment was based on the overview of the Mittal steel industry in India. Mittal steel is one of the most reputed brands in India as well as abroad, which a well-renowned billionaire established. The solution explained the company's functioning along with the role of its board of directors in enhancing the productivity of the company. The solution also helps in bifurcating between the impact of managers' negative and positive roles in the smooth facilitation of the functioning of the industry. The details also provided a comprehensive approach of key features of management and its pertaining outcomes. This was further explained considering the major contributing role of governance to the whole system of industry functioning. If you wish to seek such exemplary assignment solutions for your coursework, get in touch with My Assignment Services today to place your assignment orders.
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