Comparison and contrast of the governance structure

Comparison and contrast of the governance structure

This is an assignment that focuses on the comparison and contrast of the governance structure. The paper also discusses the theories for corporate governance.

The comparison and contrast of the governance structure

The professional accountant
C‌‌‍‌‌‍‍‍‌‍‍‌‍‍‍‌‌‌‍oursework (2000 words)- Select two companies listed on the London Stock Exchange and download their Annual Report. J Sainsbury plc vs Tesco plc or Barclays plc vs HSBC plc.

This is the required question for this assignment: Write a report outlining the following: Mark Learning Outcome

Below are the questions that are to be of key focus during the writing of these assignment. Besides, the question contain the percentage of the marks to be given to each question.

1. Firstly, discuss the following theories that underpin academic literature on corporate governance: agency theory, stewardship theory and stakeholder theory. Also, critically evaluate these theories with their strengths and weaknesses. State which theory, in your opinion, best explains the governance mechanism of the two companies you selected. 30% LO2

‌‌‍‌‌‍‍‍‌‍‍‌‍‍‍‌‌‌‍2. Secondly, compare and contrast the governance structure of the two companies you have selected 20% LO4

3. Thirdly, for your chosen companies, discuss whether the companies have fulfilled their legal requirements (focus on reporting requirements and recommendations set out in the Guidance on Risk Management, Internal Control and Related Financial and Business Reporting – 2014) 20% LO1-4

4. Then, for your chosen companies, compare and contrast the directors’ remuneration strategy (with reference to the relationship between pay and performance) 20% LO1-4

5. Lastly, presentation and use of appropriate references 10% LO1-4 Total Marks:‌‌‍‌‌‍‍‍‌‍‍‌‍‍‍‌‌‌‍ 100%

The comparison and contrast of the governance structure

1. Discuss the following theories that underpin academic literature on corporate governance: agency theory, stewardship theory and stakeholder theory. Critically evaluate these theories with their strengths and weaknesses. State which theory, in your opinion, best explains the governance mechanism of the two companies you selected. 30% LO2

‌‌‍‌‌‍‍‍‌‍‍‌‍‍‍‌‌‌‍2. Firstly, compare and contrast the governance structure of the two companies you have selected 20% LO4

3. For your chosen companies, discuss whether the companies have fulfilled their legal requirements (focus on reporting requirements and recommendations set out in the Guidance on Risk Management, Internal Control and Related Financial and Business Reporting – 2014) 20% LO1-4

4. For your chosen companies, compare and contrast the directors’ remuneration strategy (with reference to the relationship between pay and performance) 20% LO1-4

5. Presentation and use of appropriate references 10% LO1-4 Total Marks:‌‌‍‌‌‍‍‍‌‍‍‌‍‍‍‌‌‌‍ 100%