ACC3GRM Governance Ethics and Risk Management

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ACC3GRM Governance Ethics and Risk Management

Prepared by Dr Lachlan McDonald-Kerr for Governance, Ethics and Risk Management (ACC3GRM) – S2, 2021 1 GOVERNANCE, ETHICS AND RISK MANAGEMENT (ACC3GRM) PRESENTATION AND WRITTEN SUBMISSION SEMESTER 2 (2021) SUMMARY OF ASSESSMENT REQUIREMENTS Assessment Type: Pre-recorded presentation and written submission Assessment Nature: Individually completed task Assessment Weighting: 20% of overall mark for subject Due Date: 11:55pm on Sunday 3rd of October [AEST] Key Requirements: 5-minute recorded presentation and 700-word typed submission OVERVIEW AND INSTRUCTIONS A range of high-profile corporate collapses and scandals throughout the 21st century have raised serious questions surrounding contemporary governance practices in organisations both in Australia and internationally. In this assignment, you are required to research, write, and make a video presentation in relation to a short case study of a real-world governance crisis that impacted on an Australian organisation or context. For your case study, you must select one of the following two cases: 1. The Essendon Football Club and the supplements scandal; or 2. Rio Tinto and the Juukan Gorge destruction. Overall, your case study presentation and written submission should focus on two overarching themes: 1. A descriptive account of the key issue(s) in the case you selected. This might include background information relevant to the case, insights into key actors, or any other facts necessary to describe the key issue(s) you choose to focus on. Put another way, this theme might address the following question: ‘what actually happened’? 2. A critical analysis of the key governance issue(s) in your selected case study. This might involve an analysis of key issues you have identified, an evaluation of what should have occurred and a discussion of what could be done to prevent these kinds of issues occurring into the future. Put another way, this theme might address the following question: ‘what should have happened?’ The second of these points identified above should be dominant focus or your work. Your analysis of the case should be informed by discipline-specific knowledge concerning governance practices (i.e., things examined in this subject throughout the semester). Your case study can focus on the case as a whole or certain aspects of the case that are most important. The only caveats are that your presentation and written submission must focus on certain governance aspects of the selected case, and you should justify why you have chosen this focus. Prepared by Dr Lachlan McDonald-Kerr for Governance, Ethics and Risk Management (ACC3GRM) – S2, 2021 2 For example, some potential focuses in the selected case you might consider exploring are: 1. Whether non-financial factors or issues were appropriately accounted-for in the selected case. (i.e., corporate social responsibilities) 2. Whether directors acted appropriately in the selected case. (i.e., director responsibilities) 3. Whether there was too much emphasis placed on short-term profit or success, to the detriment of long-term value creation. (i.e., problems with profit-maximisation) 4. Whether the perspectives and rights of key stakeholders were adequately considered throughout decision-making processes. (i.e., responsibilities to stakeholders) The above list is not exhaustive, but rather it is intended to stoke ideas and indicate how you should approach this assessment task. Importantly, you must not simply repeat content covered in the subject. Instead, attempt to present materials in a manner that goes beyond these source materials and expands on theoretical/practical issues considered, in order to develop and present a convincing analysis. Your research into your selected case may be enhanced if you draw on peer-reviewed journal articles, media articles, and other reputable sources of information to support the points you make. You must include appropriate acknowledgements for all sources by using in text citations formatted in accordance with the APA 6th referencing st

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