- 5 Marks
SCS – Nov 2024 – L3 – Q5c – Board Independence and Accountability in Corporate Governance
Evaluation of how the governance structure at BOGML affects board independence and accountability.
Question
There are a number of concepts of good corporate governance that every entity, including BOGML, must strive to adhere to.
Required:
Provide an evaluation of how the existing corporate governance structure at BOGML may undermine or compromise the following key concepts of good corporate governance, with particular reference to the current composition and organisation of the board.
i) Independence
ii) Responsibility and accountability
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