Summary:Critically appraise the corporate governance, risk management and internal control weaknesses which contribute to

Summary:
Critically appraise the corporate governance, risk management and internal control weaknesses which contribute to company failings and scandals, by reference to a corporate scandal of your choosing.
In answering this question, you should:
assess the social and other consequences of such significant corporate losses and scandals, concluding whether such organisations can be considered truly socially responsible
analyse the principal weaknesses in corporate governance and risk management that may have contributed to the demise of or scandals in such companies
present your views on what should be done in future to ensure that corporate management uphold the highest possible standards of integrity and social responsibility, as expected of them by society at large, in managing and controlling the organisations and resources for which they are accountable.
You should use a recent company failing or scandal of your own choosing to support your evaluation. Examples of scandals appropriate for such analysis include British Home Stores (BHS) in 2016 and Halifax Bank of Scotland (HBOS) in 2008.
Please study the document below for advice on completing your assessment:
Assignment Approach Advice.
Penalties for Overlong Assessments
All final assessments for Global Online units are subject to the following mark reduction penalties:
Amount the submitted work is in excess of the provided guidance
Effect on final mark
0% – 10%
None
11% – 30%
Mark reduced by 10%
= 31%
Mark capped at 50%

The maximum assessment length does not include the bibliography, reference lists, title page or any appendices.
The penalties above apply equally to all submitted written assignments, oral, audio or video presentations, posters, portfolios, and any other assessments.
The mark for overlong assessments will not be reduced below the pass threshold.
No penalties apply where assessments do not achieve the pass threshold, even if the work is in excess of the provided guidance.
Final Assessment Mark:
Please note that all marks are provisional, subject to external moderation and ratification by the Assessment Board.
Provisional mark reflects the academic quality of your assessment and is provided to assist you in understanding your feedback. However, provisional marks do not take into account any penalties (e.g. for late submission) that may be applied in accordance with the Taught Postgraduate Assessment Regulations.
Provisional mark have not yet been externally moderated and so may be subject to change. Your final mark will be confirmed once this has been ratified by the Assessment Board. You will be informed of any re-assessments following the Assessment Board.
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