Banking royal commission
http://www.abc.net.au/news/story-streams/banking-royal-commission/
Visit the page above and select one of the ASX listed companies being investigated by the Banking Royal Commission (for example AMP, BankWest, Suncorp for example, any but the Commonwealth Bank) and develop an ethical question based on an issue of your choice (for example: how people have been charged bank fees for an extended period of time after their passing, or how some funeral insurers have been operating and charging people), after that you need to analyse the topic/company using the structure/ Marking Criteria provided in this document, as a summary see the three points below:
- Use stakeholder theory (chapter 3, Lecture 4)
- Provide arguments based on a “sufficient number” of theories of Corporate Governance, Corporate Social Responsibility (CSR) and/ or Creating Shared Value (CSV) to justify or criticise the actions and decisions taken while under the control of the board of directors.
- Analyse these decisions and actions using ethical as well as justice and economic distribution theories.[unique_solution]
We expect that you demonstrate a well-developed ability to use critical thinking when analysing the topic and that you demonstrate an advanced understanding of business concepts. You will also need to thoroughly research the topic independently and finally present your findings in a professional manner using a report format.
| Criteria | Section Marks | Comments | |
| Executive Summary and Introduction | ____/5 | Ex Summ = Purpose, Key findings and Recommendations. Introduction = Authorisation and Purpose, Scope, Limitations (if any) and method. | |
| Background and ethical question. | ____/10 | You have provided an informative background that captures the reader’s interest. Good balance of news references that explain well your chosen topic. Your ethical question does not represent “a priori” judgement | |
| Corporate Governance, CSR, CSV and Corporate Social Performance. | ____/15 | Sound use of Corporate Governance Theoretical views. The corporate social performance cube has been used to demonstrate that we all do good and bad things. The issue in the social environment axis has been modified. Porter and Kramer’s Creating Shared Value concept has been discussed. Use of CSR to link to the next section. | |
| Stakeholder Analysis. | ____/15 | You have used the 5 questions as depicted on the text book. Analysis using the 5 questions is comprehensive | |
| Corporate Governance Discussion based on ASX 2010 Principles and recommendations. | ____/15 | You have identified the level of Board Independence, board formation and diversity. Your analysis of the corporation actions using ASX or OECD is good. | |
| Ethical analysis. | ____/15 | You have analysed the ethical question from a normative (consequentialist / non- consequentialist) perspective You have analysed the ethical question from the perspective of justice and economic distribution using libertarian and Rawls approaches. Which factors constitute justice? You have discussed this issue. | |
| Recommendations. | ____/10 | 3 or 4 Action driven and well-reasoned recommendations | |
| Literature support and argument, logical and engaging. Critical evaluation and logical development of arguments supported by relevant credible sources and appropriate ref. style. | ____/15 | Your use of the literature is pertinent and provides support for your ideas (at least 10 refereed, peer reviewed articles and sufficient news articles, videos etc.) Your writing style is well developed. Your argument is good and logical The referencing style in text and in the LoR is appropriate and follows Harvard referencing style. | |
| TOTAL | ____/2 | ___/50 | Please contact your tutor if you need any further feedback. |