ASSIGNMENT 1

1. State the characteristics of a company.

1. Separate legal entity – name of the company, owners – shareholders

2. Limited liability – co must settle all the debts, BUT shareholders/
members liability is limited to extend of shares allotted to them
3. Ownership and management is separated

2. Define and explain the meaning of corporate governance.

3. Why do we need corporate governance?

4. Explain the key underlining concepts of corporate governance.

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5. Why is it said that disclosure is the foundation of any structure of
corporate governance?

6. Is quarterly reporting useful in ensuring a better informed market?

7. To whom should the training and education programmes on

corporate governance be targeted and which areas should be
focused on?

8. To what extent is corporate governance relevant to non - corporate

organizations?

9. Explain who is “a stakeholder” and identify the stakeholders of a

company in the context of corporate governance?

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10. Briefly explain the three broad approaches to corporate governance.