Responsible Business Management Symposium Pre-Assignment Students: Write your name, student number and the name of your university here! Corporate Governance RESPONSIBLE BUSINESS MANAGEMENT SYMPOSIUM PRE-ASSIGNMENT Corporate Governance articles for reading Please read the following five (5) journal articles: 1) Cohen, J., G. Krishnamoorthy & A. Wright (2004). The corporate governance mosaic and financial reporting quality. Journal of Accounting Literature, 23, 87– 152 2) Carcello, J., D. Hermanson & Z. Ye (2011). Corporate governance research in accounting and auditing: Insights, Practice Implications, and future research directions. Auditing: A Journal of Practice & Theory, 30:3, 1-31. 3) Abraham, S. (2012). Information technology, an enabler in corporate governance. Corporate Governance, 12:3, 281-291. 4) Pomeroy, B. (2010). Audit committee member investigation of significant accounting decisions. Auditing: A Journal of Practice & Theory, 29:1, 173-205. 5) Finnish Corporate Governance Code 2010. The CG articles are available from eResources. If you don’t find the articles listed above, please contact Johanna Kurtti (johanna.kurtti@lamk.fi). Reading the articles When reading the articles please focus on the following four topics: 1) 2) 3) 4) Objectives of corporate governance Actors of corporate governance Corporate governance codes Communication of corporate governance to outside parties In the following there are six (6) slides with several questions related to the above mentioned topics. Please answer to the questions based on the articles and other resources as well as your previous understanding and empirical findings of the topics. Please write your answers to the slides. The answers should fit in the given space. The answers should be written in English. 1) Actors of corporate governance Who are the main actors of company’s corporate governance? Explain how the different actors collaborate in company’s corporate governance. Write your answer here… 2) Objectives of corporate governance What are the main objectives of corporate governance? Explain how corporate governance can improve company’s financial reporting quality. Write your answer here… 3) Corporate governance communication How can companies communicate their corporate governance structure to outside parties? Which factors may influence perceptions of corporate governance quality? Write your answer here… 4) Corporate governance codes Compare Finnish corporate governance code to some other country’s equivalent code. What are the main differences between the codes? What is the future of corporate governance in these countries? Write your answer here… 5) Corporate governance: Empirical case study 1 Give some examples of good corporate governance practices in the target country. Write your answer here… 6) Corporate governance: Empirical case study 2 Give some examples of good corporate governance practices in the target country. Write your answer here… Corporate Social Responsibility RESPONSIBLE BUSINESS MANAGEMENT SYMPOSIUM PRE-ASSIGNMENT Corporate Social Responsibility articles for reading Please read the following five (5) journal articles: 1) Moir, L. (2001) What do we mean by corporate social responsibility? Corporate Governance, 1(2), pp. 16 – 22. 2) Claydon, J. (2011) A new direction for CSR: the shortcomings of previous CSR models and the rationale for a new model. Social Responsibility Journal, 7(3), pp. 405 – 420. 3) Green, T. & Peloza, J. (2001) How does corporate social responsibility create value for consumers? Journal of consumer Marketing, 28(1), pp. 48 – 56. 4) Santos, M. (2011) CSR in SMEs: strategies, practices, motivations and obstacles. Social Responsibility Journal, 7(3), pp. 490 – 508. 5) Adeyeye, A. (2011) Universal standards in CSR: are we prepared? Corporate Governance, 11(1), pp. 107 – 119. The CSR articles are available from eResources. If you don’t find the articles listed above, please contact Ulla Kotonen (ulla.kotonen@lamk.fi). Reading the articles When reading the articles please focus on the following six (6) topics: 1) 2) 3) 4) 5) 6) Definitions and terminology related to the concept of responsibility Aspects, dimensions and models of responsibility Responsibility for what and to whom Motivations, benefits and obstacles of responsibility Responsibility regulation Responsibility practices In the following there are seven (8) slides with several questions related to the above mentioned topics. Please answer to the questions based on the articles and other resources as well as your previous understanding and empirical findings of the topics. Please write your answers to the slides. The answers should fit in the given space. The answers should be written in English. 1) Definitions and terminology related to the concept of responsibility Define the concept of CSR in the target country context (your home country) and explain how it conceivably differs from the international context or from the other countries. Illustrate how CSR have developed in the service sector in generally and especially in the service sector of the target country. Write your answer here… 2) Aspects, dimensions and models of responsibility What kinds of elements are related to CSR in service sector? What are the most important issues faced by the service sector in the target country. Explain how and why the importance of different elements of CSR differs between sectors and companies. Write your answer here… 3) Definitions and terminology related to the concept of responsibility Illustrate how CSR have developed in the service sector in generally and especially in the service sector of the target country. Describe past and future trends on CSR in service sector in the target country. Write your answer here… 4) Responsibility for what and to whom For what and to whom service sector organization are responsible? What kinds of differences exist between companies, regions, and countries? Write your answer here… 5) Motivations, benefits and obstacles of responsibility What are the main motivations, benefits and obstacles for responsible behaviour of companies in generally, in the target country and in service sector organizations? How and why do the motivations, benefits and obstacles differ between companies? Write your answer here… 6) Responsibility regulation How CSR is regulated in the target country and especially in the service sector? Which organizations promote CSR in service sector in the target country? What kind of regulation is needed? And who should regulate it? Write your answer here… 7) Responsibility practices: Empirical case study 1 Give some examples of responsibility practices of service sector organisations in the target country. Write your answer here… 8) Responsibility practices: Empirical case study 2 Give some examples of responsibility practices of service sector organisations in the target country. Write your answer here… Submitting your pre assignment When you have answered to the questions please • write your names, student numbers and the name of the university to the first slide • Submission deadline is 15thMarch • submit the assignment via email rbm@lamk.fi Please notice that the submitted document should be in PowerPoint format. Only one submission per a group.