ACCT19083: Term 3, 2017 Final Assignment: SRB and Ethics

This assignment, completed for ACCT19083, delves into the concept of socially responsible businesses (SRB), exploring the definition, principles, and real-world examples like the Grameen Bank in Bangladesh. The assignment analyzes whether Grameen Bank qualifies as an SRB, highlighting its microfinance model and impact on poverty alleviation. Furthermore, it discusses ethical dilemmas, providing a definition and an example of a situation where management pressures employees for increased production without proper incentives. The student draws upon academic references to support the arguments and provides a comprehensive understanding of the topics.

ACCT19083 Final Assignment
Term 3, 2017
Student ID:………………………………. Student name……………………………………………………..
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final comments here.

Overall Mark (Total) out of 40:
0
Part A Question 1:
What is a socially responsible business? Explain with examples.
Answer:
A socially responsible business (SRB) is mostly for the revenue driven venture that tries to use business for an exact and sustainable

world (Fatuła & Krstić, 2014). The principle target of the SRBs includes something other than maximizing benefits for the investors, it
is additionally focused about making positive and sustainable changes and making significant commitments to the other stakeholders,
for example, the group in neighbourhood, clients, and employees working for the organization. as such, the SRB includes both profit
situated and socially dependable as these organizations tends to make financial profits and in the meantime, executes plans to enhance
the prosperity of the neighbourhood community(Hoejmose, Brammer & Millington, 2013). By doing such, the organizations take part
in the deliberate operations with the points of enhancing in many territories extending from the social to ecological parts of the society.
The idea of Socially Responsible Business is adjudged to be the most significant amount of contribution between the organization and
the group in which it works. It holds a comparative idea related to Corporate Social Responsibility (CSR). As far as having a shared
objective to make positive commitments, limiting destructive impacts, and being a power for good in society(Tai & Chuang, 2014).
The primary distinction is that the SRB goes past these exercises and lastly expects to earn a market space for itself. It can be achieved
through framing associations and partnerships with the nearby group and teaming up with gatherings, for example, non-administrative
NGOs. The SRB organizes a socially mindful movement and requests to make a long term association with their neighbourhood
community.
Example of a Socially Responsible Business is Business done by Grameen Bank situated in Bangladesh (Kumar, Hossain & Gope,
2015). Grameen Bank which is well known as a rural bank, is a microfinance fraternity and community development bank. The
Grameen bank is considered a socially responsible business organization primarily based in a developing country named “Bangladesh”

which is a South Asian country. Bangladesh shares borders with India, Myanmar and the Bay of Bengal being the part of Indian
Ocean, and also not too far from Nepal. There are no major differences in the socio-economic conditions prevalent in these countries.
Given the socio-economic perspective of Bangladesh, Grameen Bank was established to provide micro-credits i.e financial aid to the
Poorest of the poor. Eccentrically, the banking and governance systems of Grameen Bank were designed in a way such that the poor-
illiterate borrowers own the major share of this bank and take part in its governance system (Bhuiyan et al., 2013). Over the years,
since its inception, Grameen Bank together with its founder Professor Muhammad Yunus gained public trust and enormous
appreciation from the domestic and international community for developing a business model targeting the financially disadvantaged
and socially neglected people. As a result, both Grameen Bank and its founder received the 2006 Nobel Peace Prize (Hossain, 2013).
References:
Bhuiyan, A. B., Siwar, C., Ismail, A. G., & Hossain, T. B. (2013). Microcredit impact on children's education and women
empowerment: a review experience of grameen bank microfinance schemes in Bangladesh. Research Journal of Applied
Sciences, Engineering and Technology, 5(1), 66-71.
Fatuła, D., & Krstić, B. (2014). Socially responsible business. AFM Publishing House= Oficyna Wydawnicza AFM.
Hoejmose, S., Brammer, S., & Millington, A. (2013). An empirical examination of the relationship between business strategy and
socially responsible supply chain management. International Journal of Operations & Production Management, 33(5), 589-
621.

Hossain, D. M. (2013). Social Capital and Microfinance: The Case of Grameen Bank, Bangladesh. Middle East Journal of
Business, 8(4).
Kumar, D., Hossain, A., & Gope, M. C. (2015). Role of micro credit program in empowering rural women in Bangladesh: A study on
Grameen Bank Bangladesh Limited. Asian Business Review, 3(4), 114-120.
Tai, F. M., & Chuang, S. H. (2014). Corporate social responsibility. Ibusiness, 6(03), 117.
Marker’s Comments: The marker will provide feedback here. Mark (5):
0
Exceeds Expectations
(High Distinction) 85-100%
Exceeds Expectations
(Distinction) 75 - 84%
Meets Expectations
(Credit) 65 – 74%
Meets Expectations
(Pass) 50 – 64%
Below Expectations
(Fail) below 50%
Demonstrates a balanced and very
high level of detailed knowledge of
core concepts by providing a very
high level of analysis. Utilises
current, appropriate and credible
Demonstrates a balanced and high
level of knowledge of core
concepts by providing a high level
of analysis. Utilises mostly current,
appropriate and credible sources.
Demonstrates a good level of
knowledge of some of the core
concepts by providing some level
of analysis. Utilises some current,
appropriate and credible sources.
Demonstrates limited knowledge of
core concepts by providing a
limited level of analysis. Utilises
few current, appropriate and
credible sources.
Demonstrates little, if any,
knowledge of the core concepts
with extremely limited, if any,
analysis. Utilises little, if any,
current, appropriate and credible

Exceeds Expectations
(High Distinction) 85-100%
Exceeds Expectations
(Distinction) 75 - 84%
Meets Expectations
(Credit) 65 – 74%
Meets Expectations
(Pass) 50 – 64%
Below Expectations
(Fail) below 50%
sources. sources.
Quality of writing at a very high
standard. Paragraphs are
coherently connected to each
other. Correct grammar, spelling
and punctuation.
Quality of writing is of a high
standard. Paragraphs are mostly
well structured. Few grammar,
spelling and punctuation mistakes.
Quality of writing is of a good
standard. Few grammar, spelling
and punctuation mistakes.
Some problems with sentence
structure and presentation
Frequent grammar, punctuation
and spelling mistakes. Use of
inappropriate language.
Quality of writing is at a very poor
standard so barely
understandable. Many spelling
mistakes. Little or no evidence of
proof reading.
The assessment presents a
detailed and focused summary of
the ideas presented; drawing clear
and well thought-out conclusions.
The assessment presents a fairly
detailed and focused summary of
the ideas presented; drawing fairly
clear and well thought-out
conclusions.
The assessment presents a
somewhat detailed and focused
summary of the ideas presented;
providing some evidence of
conclusions.
The assessment provides limited
detail with no clear summary of the
ideas presented; drawing limited
conclusions.
The assessment fails to provide
any clear evidence of the ideas
presented; drawing no clear
conclusions.

Part A Question 2:
Explain whether or not Grameen Bank is a socially responsible business enterprise.
Answer:
Grameen bank is a socially responsible enterprise because apart from profit making it contributes towards sustainable development of
the neighbourhood and supports the poor people of Bangladesh. The microfinance organization provides loans to the neglected people
of the society empowering them to earn money from small and medium business started with the loan provided by the Grameen
Bank(Crane, Matten & Spence, 2013). Microfinance overcomes many issues between the neediest village poor people and the formal
money related division, as the security required by business banks renders the neediest individuals in towns not eligible for using
banking facilty(Blowfield, & Murray, 2014). Keeping in mind the ultimate goal to haul individuals out of neediness, professor Yunus
understood that there was a need to make a self-maintaining arrangement of loaning and getting with insignificant default. He
consequently started the possibility of aggregate loaning and getting in little groups. As needy individuals can not give physical capital
or resources as insurance against their credits, Yunus fabricated social capital among them to go about as an obstruction against
default(Khandker, & Samad, 2014). In light of a lot of research on the ground, Yunus and his group of understudies sorted out
gatherings of women in towns to frame credit groups. Rural women would store their cash with Grameen Bank and could obtain from

this bank for entrepreneurial ventures. There was aggregate duty to guarantee reimbursement of the advances, the motivation for
reimbursement was knowing the assets were their own, and that defaulting would imply that the whole group would not have the
capacity to access such security free advances once more. As anyone might expect, reimbursement rates for Grameen Bank are as high
as 97% (Rahman & Khan, 2013). While Grameen built up its loaning operations to help people in salary creating exercises, it wound
up advancing a rush of entrepreneurial movement at the rustic level, adequately changing the structure of the Bangladeshi economy
References:
Blowfield, M., & Murray, A. (2014). Corporate responsibility. Oxford University Press.
Crane, A., Matten, D., & Spence, L. (2013). Corporate social responsibility in a global context.
Khandker, S. R., & Samad, H. A. (2014). Dynamic effects of microcredit in Bangladesh.
Rahman, M. T., & Khan, H. T. (2013). The effectiveness of the microcredit programme in Bangladesh. Local Economy, 28(1), 85-98.
Marker’s Comments: The marker will provide feedback here. Mark (5):
0

Exceeds Expectations
(High Distinction) 85-100%
Exceeds Expectations
(Distinction) 75 - 84%
Meets Expectations
(Credit) 65 – 74%
Meets Expectations
(Pass) 50 – 64%
Below Expectations
(Fail) below 50%
Demonstrates a balanced and very
high level of detailed knowledge of
core concepts by providing a very
high level of analysis. Utilises
current, appropriate and credible
sources.
Demonstrates a balanced and high
level of knowledge of core
concepts by providing a high level
of analysis. Utilises mostly current,
appropriate and credible sources.
Demonstrates a good level of
knowledge of some of the core
concepts by providing some level
of analysis. Utilises some current,
appropriate and credible sources.
Demonstrates limited knowledge of
core concepts by providing a
limited level of analysis. Utilises
few current, appropriate and
credible sources.
Demonstrates little, if any,
knowledge of the core concepts
with extremely limited, if any,
analysis. Utilises little, if any,
current, appropriate and credible
sources.
Quality of writing at a very high
standard. Paragraphs are
coherently connected to each
other. Correct grammar, spelling
and punctuation.
Quality of writing is of a high
standard. Paragraphs are mostly
well structured. Few grammar,
spelling and punctuation mistakes.
Quality of writing is of a good
standard. Few grammar, spelling
and punctuation mistakes.
Some problems with sentence
structure and presentation
Frequent grammar, punctuation
and spelling mistakes. Use of
inappropriate language.
Quality of writing is at a very poor
standard so barely
understandable. Many spelling
mistakes. Little or no evidence of
proof reading.
The assessment presents a
detailed and focused summary of
the ideas presented; drawing clear
and well thought-out conclusions.
The assessment presents a fairly
detailed and focused summary of
the ideas presented; drawing fairly
clear and well thought-out
conclusions.
The assessment presents a
somewhat detailed and focused
summary of the ideas presented;
providing some evidence of
conclusions.
The assessment provides limited
detail with no clear summary of the
ideas presented; drawing limited
conclusions.
The assessment fails to provide
any clear evidence of the ideas
presented; drawing no clear
conclusions.

Part A Question 3:
What is ethical dilemma? Discuss with real and/or hypothetical examples of ethical dilemma.
Answer:
Ethical dilemma is often defined as a moral Conflict which is a fundamental preference issue between two equally good objectives,
which are neither unambiguously justified or best(Shapiro & Stefkovich, 2016). The versatile quality emerges out of the situational
conflict in which abiding by one would bring about infringe the other one. Here and there described as moral conundrums in moral
reasoning, moral problems might be summoned to refute a moral framework or good code, or to enhance it to determine the conflict.
Example of an ethical dilemma can be a situation when the management of an organization pressurize its employees for more
production without proper incentives or rewards for the same. As a team leader the person faces ethical dilemma where he needs to
meet demands of the higher authority keeping in mind the satisfaction of the employees working under him/her. Here the dilemma is
whether to convince the management for providing incentives for the extra work done or pressurize the employees to work more
without any incentive or reward (Ford, & Richardson, 2013). Here both the demands of the management and employees are legitimate.
From the Management’s point of view production should be increased in order to gain profit but there is not any incentive structure
which influence employees to work more. On the contrast the employees think they deserve more money in form of incentive or

reward for being more productive and work overtime to deliver more work both qualitatively and quantitatively.
Another example of ethical dilemma is when A technology or innovation is being implemented which is beneficial for the organization
and also for the customers of the company(Shapiro & Stefkovich, 2016). On the contradiction if this technology is brought into
utilization, a lesser labour is required for the company. The business owner is presently in a moral difficulty whether he needs to better
his customers with great administrations or be loyal to his workers who have contributed in growth of the organization (Slade &
Prinsloo, 2013). The repulsiveness of the situation emerges when neither the consumers nor the employees should endure and it is the
business owner’s decision to take.
References:
Ford, R. C., & Richardson, W. D. (2013). Ethical decision making: A review of the empirical literature. In Citation classics from the
Journal of Business Ethics (pp. 19-44). Springer, Dordrecht.
Shapiro, J. P., & Stefkovich, J. A. (2016). Ethical leadership and decision making in education: Applying theoretical perspectives to
complex dilemmas. Routledge.
Slade, S., & Prinsloo, P. (2013). Learning analytics: Ethical issues and dilemmas. American Behavioral Scientist, 57(10), 1510-1529.

Marker’s Comments: The marker will provide feedback here. Mark (5):
0
Exceeds Expectations
(High Distinction) 85-100%
Exceeds Expectations
(Distinction) 75 - 84%
Meets Expectations
(Credit) 65 – 74%
Meets Expectations
(Pass) 50 – 64%
Below Expectations
(Fail) below 50%
Demonstrates a balanced and very
high level of detailed knowledge of
core concepts by providing a very
high level of analysis. Utilises
current, appropriate and credible
sources.
Demonstrates a balanced and high
level of knowledge of core
concepts by providing a high level
of analysis. Utilises mostly current,
appropriate and credible sources.
Demonstrates a good level of
knowledge of some of the core
concepts by providing some level
of analysis. Utilises some current,
appropriate and credible sources.
Demonstrates limited knowledge of
core concepts by providing a
limited level of analysis. Utilises
few current, appropriate and
credible sources.
Demonstrates little, if any,
knowledge of the core concepts
with extremely limited, if any,
analysis. Utilises little, if any,
current, appropriate and credible
sources.
Quality of writing at a very high
standard. Paragraphs are
coherently connected to each
other. Correct grammar, spelling
and punctuation.
Quality of writing is of a high
standard. Paragraphs are mostly
well structured. Few grammar,
spelling and punctuation mistakes.
Quality of writing is of a good
standard. Few grammar, spelling
and punctuation mistakes.
Some problems with sentence
structure and presentation
Frequent grammar, punctuation
and spelling mistakes. Use of
inappropriate language.
Quality of writing is at a very poor
standard so barely
understandable. Many spelling
mistakes. Little or no evidence of
proof reading.
The assessment presents a
detailed and focused summary of
the ideas presented; drawing clear
and well thought-out conclusions.
The assessment presents a fairly
detailed and focused summary of
the ideas presented; drawing fairly
clear and well thought-out
The assessment presents a
somewhat detailed and focused
summary of the ideas presented;
providing some evidence of
The assessment provides limited
detail with no clear summary of the
ideas presented; drawing limited
The assessment fails to provide
any clear evidence of the ideas
presented; drawing no clear

Exceeds Expectations
(High Distinction) 85-100%
Exceeds Expectations
(Distinction) 75 - 84%
Meets Expectations
(Credit) 65 – 74%
Meets Expectations
(Pass) 50 – 64%
Below Expectations
(Fail) below 50%
conclusions. conclusions. conclusions. conclusions.
Part A Question 4:
Explain the ethical dilemma considering the accusations of a financial impropriety and so claimed
highest interest rates charged by Grameen Bank.
Answer:
The case of ethical dilemma occurred in operation of Grameen bank when it was accused of charging highest interest rate. The
Grameen bank like most of the microfinance organization pushed the borrowers to take more credit which lead the borrowers under
huge debt and in case of failure of their entrepreneurial ventures they became unable to repay the debts. The Grameen bank had huge
number of staffs and infrastructure for its operation. The huge maintenance cost raise questions about the sustainability of the venture.
The loanees with poor income were charged high rate of interest of 16% to cover up the expenses (Augsburg & Fouillet, 2013). Such
huge amount of interest was not possible to be paid by the rural poor loanees. The ethical dilemma occurred because the Grameen bank
was established with the motive to serve the rural community of Bangladesh and provide them financial assistance. Target of
microfinance loaning ought to be to really help the poor to leave neediness and not to profit by loaning them at extremely high

financing cost. Poor has next to no decision and thus interest for advance at high rate will remain, which cash moneylenders were
stretching out from long time. Rather than looking at loan fee offered by cash moneylender, they should analyse loan cost of smaller
scale loaning offered by formal organization like Bank-SHG linkage plans (Nequinio, 2013). Huge part of MFI borrowers are poor and
uneducated ladies, they are not anticipated that would comprehend and acknowledge different money related languages and their
successful cost. Favor terms like, participation expenses, benefit charges, level rate of intrigue, edge cash, reserve funds which win
premium, protection and so on are very befuddling to a large number of them (if not all). Loaning terms ought to accordingly be kept
straightforward and convenient for them to get it. The Grameen bank in this case faced ethical dilemma regarding the sustainability of
the bank and community service it provided to the rural Bangladesh and its people who took loan from the Grameen bank.
References:
Augsburg, B., & Fouillet, C. (2013). Profit empowerment: The microfinance institution’s mission drift. Studies of impact and
performance: the credibility of microcredit, 199.
Nequinio, S. (2013). Is microcredit procyclical? A focus on microcredit and GDP, from 2004 to 2010 (Bachelor's thesis, Università
Ca'Foscari Venezia).

Marker’s Comments: The marker will provide feedback here. Mark (5):
0
Exceeds Expectations
(High Distinction) 85-100%
Exceeds Expectations
(Distinction) 75 - 84%
Meets Expectations
(Credit) 65 – 74%
Meets Expectations
(Pass) 50 – 64%
Below Expectations
(Fail) below 50%
Demonstrates a balanced and very
high level of detailed knowledge of
core concepts by providing a very
high level of analysis. Utilises
current, appropriate and credible
sources.
Demonstrates a balanced and high
level of knowledge of core
concepts by providing a high level
of analysis. Utilises mostly current,
appropriate and credible sources.
Demonstrates a good level of
knowledge of some of the core
concepts by providing some level
of analysis. Utilises some current,
appropriate and credible sources.
Demonstrates limited knowledge of
core concepts by providing a
limited level of analysis. Utilises
few current, appropriate and
credible sources.
Demonstrates little, if any,
knowledge of the core concepts
with extremely limited, if any,
analysis. Utilises little, if any,
current, appropriate and credible
sources.
Quality of writing at a very high
standard. Paragraphs are
coherently connected to each
other. Correct grammar, spelling
and punctuation.
Quality of writing is of a high
standard. Paragraphs are mostly
well structured. Few grammar,
spelling and punctuation mistakes.
Quality of writing is of a good
standard. Few grammar, spelling
and punctuation mistakes.
Some problems with sentence
structure and presentation
Frequent grammar, punctuation
and spelling mistakes. Use of
inappropriate language.
Quality of writing is at a very poor
standard so barely
understandable. Many spelling
mistakes. Little or no evidence of
proof reading.
The assessment presents a
detailed and focused summary of
The assessment presents a fairly
detailed and focused summary of
The assessment presents a
somewhat detailed and focused
The assessment provides limited
detail with no clear summary of the
The assessment fails to provide
any clear evidence of the ideas

Exceeds Expectations
(High Distinction) 85-100%
Exceeds Expectations
(Distinction) 75 - 84%
Meets Expectations
(Credit) 65 – 74%
Meets Expectations
(Pass) 50 – 64%
Below Expectations
(Fail) below 50%
the ideas presented; drawing clear
and well thought-out conclusions.
the ideas presented; drawing fairly
clear and well thought-out
conclusions.
summary of the ideas presented;
providing some evidence of
conclusions.
ideas presented; drawing limited
conclusions.
presented; drawing no clear
conclusions.
Part BQuestion 1:
Outline the political governance system in Bangladesh and then assess how it impacted on the
institutional governance of Grameen Bank after the spate of ethical dilemma as discussed in Part
A.
Answer:
The government of Bangladesh made alteration in the law which was made 29 years ago. The law which was governing The Grameen
Bank situated in Bangladesh, which resulted in providing more authority to the government-elected chairman to choose the bank's
chief executive officer. The government which is actually minority shareholder, also established a commission to carry out inquiry, the
Grameen Bank of bangladesh Commission, which is entitled to recommend further modification to the governance framework of the
micro and mini lender. Professor Yunus said “there had been no disappointment in the running of Grameen to warrant an examination,

and he doubted the requirement for a commission of request. Individuals are replicating Grameen's administration framework in
different nations," he explained. "This is novel in Bangladesh as well as in the [rest of the] creating world ( Suykens & Islam, 2013).
Our staff individuals transport a large number of taka in the towns without defensively covered autos or equipped guards. No one takes
our cash. Doubtlessly we're accomplishing something ideal with our administration show." This is the most recent in a long-running
pull of war amongst Yunus and the administrative committee, which expelled Yunus as the chief of Grameen a year ago, stating he had
exceeded the age of retirement. Mirza Azizul Islam, a well known financial analyst and previous monetary counsel to the legislature,
said the pattern was intended towards further weakening the part of the top managerial staff and moving force in the hands of
government nominees (Hossain, 2013). With these superfluous alterations, the administration is changing a structure that has enabled
Grameen bank to flourish enormously while numerous other state-operated banks are engaged in embarrassments, said Islam. "On the
off chance that the fundamental structure of Grameen is changed, the stress is that the poor ladies who are the legitimate proprietors of
the bank will be disappointed (Jamil, Askvik & Dhakal, 2013)." Grameen bank is administered by a board containing 12 persons, nine
individuals from which are chosen from the borrowers. On the other hand the other three, including the director, are designated by the
administration. The legislature claims 3% of the total value of the grameen bank, while whatever is left of the offers are held by the
bank's individuals, generally women. "Grameen Bank was shaped as a foundation claimed by its borrower individuals, who are poor
ladies," said Yunus. "Through its one of a kind basic leadership process, Grameen Bank has given a huge number of ladies the way to
rise up out of the shadows in a male-ruled society and to make a big deal about themselves." Tahsina Khatun who is an elected chief

of Grameen, tells the bank's autonomy is totally non-debatable. "Grameen is our bank," she said. "We purchased shares a little bit at a
time with our investment funds. Presently the administration has begun saying this is an administration bank. How might we
acknowledge that?" Khatun said Grameen, which provides little advances without security, keeps running on a framework in view of
trust. "In the event that the trust is demolished, the bank will unquestionably be influenced." At the centre of the debate are clashing
understandings of the grameen bank's mandate. An administration audit advisory group finished a year ago that because Grameen was
made under an uncommon law, it was a statutory open specialist – at the end of the day, a government bank.
References:
Hossain, D. M. (2013). Social Capital and Microfinance: The Case of Grameen Bank, Bangladesh. Middle East Journal of
Business, 8(4).
Jamil, I., Askvik, S., & Dhakal, T. N. (2013). Understanding Governance in South Asia. In In Search of Better Governance in South
Asia and Beyond (pp. 13-35). Springer, New York, NY.
Suykens, B., & Islam, A. (2013). Hartal as a complex political performance: General strikes and the organisation of (local) power in
Bangladesh. Contributions to Indian Sociology, 47(1), 61-83.

Marker’s Comments: The marker will provide feedback here. Mark (20):
0
Exceeds Expectations
(High Distinction) 85-100%
Exceeds Expectations
(Distinction) 75 - 84%
Meets Expectations
(Credit) 65 – 74%
Meets Expectations
(Pass) 50 – 64%
Below Expectations
(Fail) below 50%
Demonstrates a balanced and very
high level of detailed knowledge of
core concepts by providing a very
high level of analysis. Utilises
current, appropriate and credible
sources.
Demonstrates a balanced and high
level of knowledge of core
concepts by providing a high level
of analysis. Utilises mostly current,
appropriate and credible sources.
Demonstrates a good level of
knowledge of some of the core
concepts by providing some level
of analysis. Utilises some current,
appropriate and credible sources.
Demonstrates limited knowledge of
core concepts by providing a
limited level of analysis. Utilises
few current, appropriate and
credible sources.
Demonstrates little, if any,
knowledge of the core concepts
with extremely limited, if any,
analysis. Utilises little, if any,
current, appropriate and credible
sources.
Quality of writing at a very high
standard. Paragraphs are
coherently connected to each
other. Correct grammar, spelling
and punctuation.
Quality of writing is of a high
standard. Paragraphs are mostly
well structured. Few grammar,
spelling and punctuation mistakes.
Quality of writing is of a good
standard. Few grammar, spelling
and punctuation mistakes.
Some problems with sentence
structure and presentation
Frequent grammar, punctuation
and spelling mistakes. Use of
inappropriate language.
Quality of writing is at a very poor
standard so barely
understandable. Many spelling
mistakes. Little or no evidence of
proof reading.
The assessment presents a
detailed and focused summary of
the ideas presented; drawing clear
and well thought-out conclusions.
The assessment presents a fairly
detailed and focused summary of
the ideas presented; drawing fairly
clear and well thought-out
The assessment presents a
somewhat detailed and focused
summary of the ideas presented;
providing some evidence of
The assessment provides limited
detail with no clear summary of the
ideas presented; drawing limited
The assessment fails to provide
any clear evidence of the ideas
presented; drawing no clear

Exceeds Expectations
(High Distinction) 85-100%
Exceeds Expectations
(Distinction) 75 - 84%
Meets Expectations
(Credit) 65 – 74%
Meets Expectations
(Pass) 50 – 64%
Below Expectations
(Fail) below 50%
conclusions. conclusions. conclusions. conclusions.
Part BQuestion 2:
Applying your knowledge of corporate governance principles and ethics, what would you suggest
for improvement of the political governance systems in Bangladesh and institutional governance
in Grameen Bank?
Answer:
Generally good governance implies a perfect overseeing framework that can not be avoided for financial, political, sociopolitical and
social betterment of a country. Perfect governance framework implies the perfect introduction of an express that works best to
accomplish confidence, supportable improvement and social equity and the perfect working of government that work generally
proficiently. As per scholars great administration can be characterized as "an arrangement of administration that can unambiguously
recognize the fundamental estimations of the general public where esteems are financial, political and socio-social issues. At present,

Good administration in Bangladesh is a long way from the genuine consonance of the term. There are a few factors and issues that are
obliging the very procedure of good administration. The main considerations are debasement, wastefulness of organization,
politicization of organization, non-recognition of the rule of law and so forth. The primary issues and issues for guaranteeing great
administration in Bangladesh are bellows. Bureaucracy is inescapable in any general public or express, an indivisible piece of a sorted
out society. On the contradictory the organization of Bangladesh isn't effective in administration and organization(Giesler & Veresiu,
2014). The limit of approach execution of our administration is extremely poor. Civil servants are not responsible and straightforward
to the general population. Absence of bureaucratic responsibility can be credited to bureaucratic defilement.
The Grameen bank as a micro finance organization has impact on the economy of the country. The Grameen bank should not be
considered equivalent to the other micro finance organizations. The political governance system can be improved by giving
autonomous status to the Grameen bank and not adjudge it as government bank. Grameen bank is an autonomous special type of bank
that, according to its foundation consent, is operated by its board of directors and not by the government of the state or country (Rahim
& Alam, 2014). Grameen's employees and directors do not draw their salaries from the Bangladesh government’s budget, which
concludes that they are not public servants like government employees. The Bangladesh government should not try to take over the
bank and from the ethical point of view it should not question eligibility of women representative as the board of directors of Grameen
bank which it did. As the gender equality rights Bangladesh government are not entitled to question an independent organization and
its governance. The Autonomy of the Grameen bank should be maintained in order to ensure good institutional governance of the bank.