King’s College London

This paper is part of an examination of the College counting towards the

award of a degree. Examinations are governed by the College
Regulations under the authority of the Academic Board.

LLB EXAMINATION
6FFLK053 PRINCIPLES OF ENTERPRISE GOVERNANCE
EXAMINATION PERIOD 2, 2020
FORMAT: OPEN BOOK TAKE-HOME EXAM
This exam may be taken at home or elsewhere. You are permitted to
refer to any written, printed or electronic material, including material
on KEATS.
We expect the use of sources, i.e., that you cite legislation, cases and
secondary materials in your answers. You may use short-form
referencing rather than precise citations or OSCOLA referencing. Quotes
must be attributed by indicating their source.
WORD LIMIT: 1,500 WORDS PER QUESTION
The word count does not include any cover sheet or title page, or any
text that appears in the header and footer. It includes headings and any
text that appears in footnotes.

TIME ALLOWED: 24 HOURS

This exam should not take more than two hours to complete. Do not
leave submission to the last minute. The exam duration of 24 hours
allows you plenty of time to submit your work and check your submission
has uploaded successfully.
ALL CANDIDATES MUST ANSWER ANY TWO OF THE FOLLOWING SIX
QUESTIONS.

YOU ARE NOT PERMITTED TO DISCUSS THIS PAPER OR PROPOSED

ANSWERS WITH ANY PERSON.

YOU MUST USE YOUR CANDIDATE NUMBER AS ‘SUBMISSION TITLE’ WHEN

UPLOADING YOUR WORK. DO NOT WRITE YOUR NAME ANYWHERE ON
YOUR SUBMISSION.

2020 © King’s College London

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1. ‘As I see it, the task of government in its relation to business is

to assist the development of an economic declaration of rights,
an economic constitutional order. This is the common task of
statesman and business man. It is the minimum requirement of a
more permanently safe order of things.’ Franklin D. Roosevelt,
On Progressive Government at the Commonwealth Club in San
Francisco (1932) written by A.A. Berle.

Discuss.

2. ‘... asset managers oppose labor unions and fair wages. They
support escalating pay for billionaire CEOs. They oppose action to
end discrimination at work and stop the gender pay gap. They
oppose meaningful action to combat climate damage... The
voting power asset managers control comes from other people’s
money. It doesn’t belong to them, it belongs to us.’ Bernie
Sanders, Issues: Corporate Accountability and Democracy (2019)

Discuss in relation to UK company and labour law. What, in

your view, are necessary reforms (if any)?

3. ‘Tuition fees have brought much needed investment into

universities, and relieved taxpayers from the unfairness of paying
for other people’s education. The final step should be to remove
the £9,250 cap for home students, to ensure a total free market.’

Discuss.

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4. ‘The Paris Agreement of 2015 was a step in the right direction,

by aiming to limit global warming to 1.5 degrees. But it also
failed to state the obvious: all coal, petroleum and gas
production must be shut down and replaced with clean energy as
fast as technically possible.’

Discuss.

5. ‘Break up big tech.’ Elizabeth Warren, 2020.

Discuss.

6. ‘Expanding universal access to basic services is the most

effective way to bolster the public goods on which both society
and the economy depend.’ Henrietta L. Moore, Social prosperity
for the future: A proposal for Universal Basic Services (2017)
Foreword.

Discuss.

Final Page