ONTEMPORARY CORPORATE GOVERNANCE ISSUES

2013. A  The approach to the essay A  There are a number of ways in which this essay can be tackled. Students are expected to have covered the prescribed reading on these topics textbook pages + journal articles covered in class (These should be used as a starting point for the essay). Students should demonstrate the breadth of their reading in their essays with reference to additional original academic articles.A Marks will be awarded for the clarity of argument and quality of presentation as well as technical content.

Referencing Requirements:
To what extent does a company exist only for the benefit of its shareholders? Discuss the place of agency theory and its alternatives, including the problems of putting these theories into practice.”

ONTEMPORARY CORPORATE GOVERNANCE ISSUES

Write an essay discussing the following topic:

Letza, Sun and Kirkbride (2004) identify four models of corporate governance a the principal/agent or finance model, the myopic market model, the abuse of executive power model and the stakeholder model. Discuss the key features of each model, comparing and contrasting their approaches. To what extent does any of them provide a blueprint for the future of corporate governance?a?