originality will be rewarded (see the marking guideline). You must then explain why thesefactors and measures were chosen.Before you start designing the assessment model, please see the examples of governance‐relatedfactorsandmeasures:FactorsMeasuresMaintain integrity infinancial statements1.Has the company established an audit committee? (Yes/No)2.Is the audit committee comprised a majority of independentdirectors? (Yes/No)Recognise and managerisks1.Is there a risk management committee? (Yes/No)2.Are disclosures on risks in the annual report adequate?(0 = no, 1 = adequate, 2 = more than adequate)While your Governance Assessment Model can contain as many factors and measures asyou like, please remember that you will be using this model to assess the governancestructure of the nominated organisations. That is, do not be too ambitious – you will need tobe able to get (i.e.measure) the information from public sources: e.g. annual reports,websites, and you will need to get the information within a reasonable timeframe.Remember, the assignment is due in Week 10!Part II: Individual ComponentUsing the model the group has created in Part I, each member of the group is required toassess the corporate governance quality of organisations listed on p. 3 (one organisation permember). Each member’s report should contain:A brief background information about the organisation;An assessment of its corporate governance quality using the model from Part I; and,Suggestions, if any, for improvement(s) in corporate governance practices.Part III: Group ComponentAs a group, you are required to compare the corporate governance quality of theorganisations each member of the group has measured in Part II. Provide support for youranswers:Which organisation has the best corporate governance structure?Which organisation has performed the best?Which organisation(s) would you recommend to your client?
