The Business Entity

Description

2) GROUP ASSIGNMENT (80%, 4500 – 5000 words)

The Scenario

The Business Entity as Research Subject/Case

Choose a company listed under the main market of Bursa Malaysia: visit

http://www.bursamalaysia.com/market/listed-companies/list-of-companies/main-market/, for some of

the choices available. You are advised to choose, as far as you could determine and obtain sufficient

information, a company with a profile, policies and practices that would allow for fair criticisms and

further improvement. The company may be a business player in any industry or sector, as long as it

is listed in Malaysia.

You may seek advice from your tutor regarding the company of your choice. Your choice must be

first approved by your tutor beginning from the week 5 of the semester, before you start work.

The Adviser, Researcher

Assuming you are the senior company secretary of the company overseeing corporate administration

department. The department’s duties include, among others, legal compliance oversights, advising the

board on due diligent, risk management and other governance-related matters. You are occasionally

required to prepare and present research papers for internal use or consumption.

Objectives

Sound governance is essential for business survival, efficiency and prosperity. It is imperative to

develop structured and proactive governance frameworks and regime within the organization to

enable the company to sustain in a changing and increasingly challenging business environment.

REQUIRED:

The Chairman of your company has instructed your department to evaluate the corporate governance

framework and practice of the organisation in the aspects of the audit committee, internal control

systems as well as the risk management, and to make recommendations for improvement.

Prepare a document in a suitable format address to the chairman capturing the following:

a) Examine the existing corporate governance mechanism, systems and best practices in the widest

sense and scope, in listed companies, especially for ones based on a multicultural society such

as Malaysia.

b) Analysis of corporate governance-related practices, issues and/or impacts (positive or negative)

that need to be studied and addressed;

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c) Recommendation or enhancement of strategies, policies and systems to ensure good governance

and manage governance issues faced by your company, and to improve on performance;