Assessment 2. Corporate social responsibility and risk evaluation reportFormat: 3000-word written reportNote: All written assessments should be submitted as Word files (.docx). Completing Learning Activities in Modules 4 to 7 will help you develop your responses to the second assessment.This assessment has two parts: based on a company of your choice, you will first discuss key areas of corporate social responsibility (CSR); then, you will evaluate corporate risk in relation to your selected company.TasksSelect a company (it can be the same company you used in the first assessment) and suppose you are one of its independent non-executive directors. Address the following assessment questions based on the disclosed governance information and relevant governance concepts and theories.Part A. Corporate Social Responsibility (40%):1. Discuss the long-term goal of the selected company and the extent to which it should be accountable for stakeholders’ interests.2. What is the role of the board of directors in facilitating CSR? Critically discuss how CSR activities will affect your company’s short-term and long-term performance.Part B. Corporate Risk Management (60%):1. Review and discuss your selected company’s current risk framework, including a discussion of the board committee responsible for risk management.2. Identify at least eight risks for your chosen company using any method we learned in Module 4. Include two risks resulting from the malfunctioning board. Assess and evaluate the recognised risks by their impact and probability (allocating a level from 1 to 5) and use the tool provided in Activity 4.2: Risk recognition, evaluation and mapping in Module 4 to map the risks into a risk matrix. Finally, discuss appropriate risk mitigation policies for the selected risks.Based on your findings in Part A and Part B above, summarise the key implications and recommendations.Requirements1. Define critical terminology at the beginning of each section.2. In each section, discuss relevant corporate governance principles & theories.3. The required word length for this report is 3,000 words (plus 10% tolerance). 4. You are required to use at least eight (8) academic references for this report (in addition to the reference for the disclosed corporate governance information such as annual reports). 5. Your references should be from credible sources such as books, industry-related journals, magazines, or academic journal articles. Your grade will be adversely affected if your assignment contains no/poor citations and/or reference list and if your assignment word length is beyond the allowed tolerance level. Useful resources· Prescribed textbook and learning materials and readings from Modules 4–7.· Disclosed governance information source: annual reports (Australian companies), proxy statement (US companies), management proxy circular (Canadian companies), company website or any other company statements.Format· The report format should follow AIB Style Guide (i.e., cover page including your name and a student id, title and word count of the report, executive summary, table of contents, body, list of references, and appendix if needed). · Please use the AIB Report Template to format your report or use the AIB-preferred Microsoft Word settings (see page 34 of the AIB Style Guide). · Use Harvard author-date style referencing (which includes in-text citations and a reference list) Additional requirements:· Write the Executive Summary last: The Executive Summary can only be one page and does not include any in-text citations. The Executive Summary should precede the Table of Contents.Most importantly, The Executive summary should include what the writer did, how they did it, what their main findings were and what their key recommendations are. Also, it should summarise the answer to the assessment questions.It must provide a synopsis of the whole report, including the introduction, analysis, recommendations and conclusions.· All references used should not be older than 5 years. Attachments that you must read and use for this assessment: 1. AIB_Style_Guide: Use this guide to understand the report format and how to complete referencing and in-text citations using Harvard style from pages 48 to 58.2. Modules 4 to 7 inclusive – Please don’t cite these modules, you need to read them to understand the principles/theories required for this report. Modules can’t be used for in-text citations or references.3. AIB Report Template (5)– Use this template to complete the report4. Capstone Assessment Rubric.pdf– read this to understand how the report is being marked and follow the grading criteria to ensure highest grade possible.5. Corporate Governance: 4th Edition textbook – must be used as one of the references for this report. Review Chapters 8, 9, 13, 14, 17 and 18 inclusive and to find the topics relating to this assessment. To Access the Corporate Governance: 4th Edition ebook: Go to link:https://bookshelf.vitalsource.com/#/ Enter Login Info as:Email: firstname.lastname@example.orgPassword: Nadzeala123$ Select ‘Corporate Governance: 4th Edition’ ebook Grading criteria and feedbackYour assessment will be marked according to the following grading criteria:· Criterion 1 Theories Understanding of relevant corporate governance concepts, principles and theory –20%· Criterion 2 CSR evaluation Critically evaluate the selected board in terms of stakeholders’ interests, corporate social responsibility, and their potential impacts on the short-term and long-term financial performance of the company. – 28%· Criterion 3 Risk assessment Critically evaluate the risk framework of the selected board; evaluate at least eight risks (including two risks resulting from malfunctioning board) and discuss appropriate mitigation policies at board-level. – 42%· Criterion 4 Referencing In-text citations and referencing – 5%· Criterion 5 Communication Communication, presentation, structure and language – 5%
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