MBA829 ASSIGNMENTS corp gov - ASSIGNMENTS Two Individual...

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ASSIGNMENTS Two Individual Assignments       Assignment 1     What local and international factors, historically, in your opinion, have     influenced the climate for business ethics in Zimbabwe? What would be      needed today in order to banish their continuing negative influence? What      changes in Zimbabwean business and business practices would the     removal of the residue of colonial influences begin to allow and foster? Assignment 2 Hotbrot Company is a medium-sized listed company. Argo Plant (‘Argo’) is a  wealthy business entrepreneur and the original founder of the company. He  owns 28% of the ordinary shares and is the major shareholder, but he is no  longer a member of the board of directors, having resigned several years ago when the company obtained its stock market quotation. Although he is no  longer a director, Argo continues to show considerable interest in the  business affairs of the company. Recently he has been demanding that the  board should consult him on issues of business strategy and dividend policy.  He also believes that at least two non-executive directors should resign  because they contribute nothing of value to the board. Two members of the  board agree, and argue that Argo should be consulted regularly on important  issues, given his success in leading the company in the past. However, the  majority of the board members are hostile and resent Argo’s continual  interference.  After a recent argument with the chairman, Argo has threatened to sue  members of the board for gross dereliction of their duties as directors. He has 
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Christopher Reinemann
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