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The regulators appointed by the government

   

Added on  2022-09-05

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Running head: FINANCE
Finance
Name of the Student
Name of the University
Author Note
The regulators appointed by the government_1

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FINANCE
Executive Summary
This report contains an exhaustive analysis of the adequacy of the Corporate Governance and
CSR practices that are in place for Appen Limited, an Australian MNC. It analyses the structure
of the board, the effectiveness of the executive compensation and the risk management in
enhancing the performance of the company. Similarly the effectiveness of the CSR model and
the manner in which it can identify further issues is also stated. This report ends with a
conclusion ends with a conclusion providing an overview of the findings of the report.
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Table of Contents
Introduction..................................................................................................................................3
Evaluation of the Board Structure................................................................................................3
Outline of Compensation Package...............................................................................................4
Risk identification and Strategies in place...................................................................................6
Challenges faced as a head entity................................................................................................6
Corporate Social Responsibility...................................................................................................7
Adequacy of CSR of Appen.........................................................................................................8
Conclusion...................................................................................................................................9
References..................................................................................................................................10
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FINANCE
Introduction
Corporate Governance can be defined as the combination of rules, laws and processes
which are essential in determining the manner in which a business is operated, controlled or
regulated. This includes a combination of internal and external factors which tend to affect the
interests of the stakeholders of a company. The stakeholders of a company include the
employees, shareholders, customers, suppliers and the regulators appointed by the government.
The responsibility of ensuring that the entity follows a good system of corporate governance lies
with the Board of Directors of a company. Corporate Social Responsibility (CSR) of a business
is a self-regulating concept of the business which suggests that a business should be socially
accountable apart from generating profits for the stakeholders (Stuebs and Sun 2015). Another
term used to define CSR of a business is the corporate citizenship of the business. Hence, CSR
considers a company to be a regular citizen and vests all responsibilities that a normal citizen has
with the business. A company is said to be taking part in the CSR activities if it is found to be
contributing towards the enhancement of the social and environmental aspects of it. In the
modern day business, Corporate Governance and CSR are important activities in enhancing the
value of a business.
Evaluation of the Board Structure
The primary aspect analysed as a part of the corporate governance guidelines of Appen
Limited is the current structure of the Board of Directors of the entity. According to the
guidelines of good corporate governance, the board of directors are responsible for some of the
most important activities taking place within an organisation (Appen 2020). Their roles include
defining the purpose of a company and defining the values which will be followed by the
company. It has been noted that the directors of Appen consist of both executive and non-
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