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Hello l intend to write topic 17,l am stuck on the corporate governance business models .l need examples of the models.
secondly,the company i intend to write about corporate failures started in 2015 up to 2018 does it fall with the requirements of 5years.
please help!!!!In many cases CG issues go back years and are never resolved or take a few years before they are resolved so the fact that they started in 2015 but continued until 2018 should not be a problem. If you want to be certain that your company will be permitted email acca@Brookes.ac.uk giving some brief details about the key facts
The model depends what the issues were and possibly who was impacted – there are stakeholder models: Mendelow’s Matrix or the Carroll-Wilson RDAP Scale model (see Clarkson 1995). If there was fraud then there is Cressey’s Fraud Triangle.
Using a WEL RECIGNISED Code to evaluate CG performance is also evidence of a business model e.g. the UK CG Code -this would be in addition to any local code (comparing and contrasting both the malpractices with what the directors actually did and what the code(s) set out as best practice).
Yes you may – for example I have had students submit very successfully on Carillion (which was liquidated) and Patisserie Valerie (that went into administration) both in 2018 and these companies are still valid for another few years.
Hello. l have written the fraud triangle,the local code of corporate governance which is the kings report in South Africa together with the Cadbury, Greenbury and OECD principles in my business model .Am l on the right path?
It probably comes down to how well you have applied them. You have to do more than just write about their background you have to do comparisons with the company’s behaviour and application of a code or codes.
With the Fraud Triangle this is only really suitable where there is suspected or proven fraud – which may be the case -or not depending on the circumstances of what has happened and the company’s delinquencies. If law enforcement or Investigatory bodies connected with fraud with high level powers to prosecute are involved then you may safely impute that circumstances indicate fraud and it would be suitable.
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