Issues on Corporate Governance | Report
Added on 2020-03-16
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Running head: ISSUES ON CORPORATE GOVERNANCEIssues on Corporate GovernanceStudent’s Name:University Name:Author Note
ISSUES ON CORPORATE GOVERNANCE1Table of ContentsQuestion 1..................................................................................................................................2Part A.....................................................................................................................................2Part B......................................................................................................................................6References..................................................................................................................................8
ISSUES ON CORPORATE GOVERNANCE2Question 1Part AThe issue that has been raised in the question is that when Sam and Mack, thefounders of Willbed Ltd decide to list the company so that they get a market to sell theirshares and collect funds for building the boat. Now for the purpose of listing a certaincompany the guidelines or regulations mentioned by the ASX should be followed strictly,otherwise the shares of the company will not be allowed to be listed. Thus Sam and Mackneed to make sure that the company complies to the laid down regulations. As mentioned inthe question Willbed needs to have a board of directors that add value to the company and forthis purpose a board skills matrix needs to be created (Clune et al, 2014). Before creating a Board Skills Matrix the necessity or needfulness of the board ofdirectors need to be understood. An efficient board of directors is very important in anorganization. The board of directors has direct authority to control the management of thecompany, therefore can implement and exercise new and improved policies and systems inorder to increase the efficiency of business (Trautman, 2012).Therefore the Board Skills Matrix may be prepared in the following way:
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