You have been provided with an ASX company code. You can go here to locate it. You should then go to this ASX site at https://www.asx.com.au/prices/company-information.htm to locate your company's name and further details such as the company's web address. You may even find the company's latest financial report located there.
Once you have your company, you are required to research and report on the company, its industry and its likely governance and ethical outlook. You are to provide a report in the following structure:
1 Title sheet: Must contain your name and student ID, the Unit name and code and the assignment title.
2 Executive summary: A brief overview of the report in no more than two paragraphs. The reader should understand the scope, reason and outcomes of the report by reading the executive summary.
3 Introduction: Provide a more detailed “road map” of the report, including:
◦ The purpose of the report
◦ What research you have done
◦ What theories you have applied
◦ What the essential outcomes are.
4 Report: Your responses to the following four requirements go here.
5 Conclusion: Your overall conclusion on the company’s likely governance and ethical outlook, and briefly how your conclusion was supported by evidence and theory.
6 Reference list: Use APA. Every document and theory must be referenced.
The four requirements for your report are as follows:
1. Introduce and summarise the company
In this section, please tell us about the company, the industry it is in, and its recent history.
2. Summary of corporate governance at your company
Please locate the latest annual report published by your company. Locate the following and provide a summary of what they say:
1 Composition of the board, including the ratio of independent to non-independent directors. Is the Chairperson of the board an independent director?
2 The reports from the Chairperson and the CEO
3 The remuneration report—summarise how directors and executives are remunerated.
Provide an overall summary of the report stating what immediate priorities of the company are and what plans might be in place to achieve them.
You are not expected to provide a financial analysis of the company unless it supports any of the points above.
3. Board orientation
Review your company’s most recent annual report and its web site. You should also read any media releases it might show on its web site. Analyse what you find and determine the most likely orientation of its board. You will find the table on page 11 of the Module 7 Study Guide very useful, as well as the supporting discussion.
Make sure you justify your conclusion with reference to whichever theories are most applicable.
4. Interpretation of company communications using Legitimacy Theory
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