Critically Discuss The Extent To Which 
Online Assignment Submission
Birmingham Business School
Student ID Number: 1178691
Programme Of Study: Bsc. Business Management Year in Industry
Module: International Corporate Governance
Assignment Title: Critically discus the extent to which you consider the initiatives aimed at corporate governance reform in the UK represent an improvement to the system of corporate governance
Date and Time of Submission: 13/11/2014 11:00AM
Please ensure that you complete and attach this Submission Form to the front of all work that is submitted online.
Before submission, please ensure that your name does not appear anywhere on your work, only your Student ID number.
By submitting your work online you are confirming that your work is your own and that you understand and have read the University’s rules regarding plagiarism and the consequences that will arise should you submit plagiarised work.
Corporate governance pertains to the implementation of a set of established policies in which influence the way an organisation is managed and the style in which it operates. For policies to be efficiently and effectively implemented the execution of corporate governance is not only vital, but also essential in satisfying an organisations customers, employees, management and the interrelations amongst stakeholders involved (Bhattacharya, 2000). The late 1980s and early 1990s witnessed major upheaval in regards to continuous instances of corporate failure of several prominent UK organisations including Polly Peck, BCCI and Maxwell Communications. These corporate collapses and financial scandals were the driving force behind the development of initiatives in attempt to reform weak governance systems.
Governance practitioners and regulators displayed concern towards the effectiveness of the board of directors and other governance mechanisms following corporate collapses. In many instances the concealment of frauds committed by CEOs and senior
Birmingham Business School
Student ID Number: 1178691
Programme Of Study: Bsc. Business Management Year in Industry
Module: International Corporate Governance
Assignment Title: Critically discus the extent to which you consider the initiatives aimed at corporate governance reform in the UK represent an improvement to the system of corporate governance
Date and Time of Submission: 13/11/2014 11:00AM
Please ensure that you complete and attach this Submission Form to the front of all work that is submitted online.
Before submission, please ensure that your name does not appear anywhere on your work, only your Student ID number.
By submitting your work online you are confirming that your work is your own and that you understand and have read the University’s rules regarding plagiarism and the consequences that will arise should you submit plagiarised work.
Corporate governance pertains to the implementation of a set of established policies in which influence the way an organisation is managed and the style in which it operates. For policies to be efficiently and effectively implemented the execution of corporate governance is not only vital, but also essential in satisfying an organisations customers, employees, management and the interrelations amongst stakeholders involved (Bhattacharya, 2000). The late 1980s and early 1990s witnessed major upheaval in regards to continuous instances of corporate failure of several prominent UK organisations including Polly Peck, BCCI and Maxwell Communications. These corporate collapses and financial scandals were the driving force behind the development of initiatives in attempt to reform weak governance systems.
Governance practitioners and regulators displayed concern towards the effectiveness of the board of directors and other governance mechanisms following corporate collapses. In many instances the concealment of frauds committed by CEOs and senior