BB L8 Corporate Governance in Ireland Essay Assignment: Theories, Oversight, and Director Responsibilities
| University | CCT College Dublin (CCT) |
| Subject | Corporate Governance |
Learning Outcomes:
Please note this is not the assessment task. The task to be completed is detailed on the next page.
This CA will assess student attainment of the following minimum intended learning outcomes:
- MIMLO 1
- MIMLO 2
Attainment of the learning outcomes is the minimum requirement to achieve a Pass mark (40%). Higher marks are awarded where there is evidence of achievement beyond this, in accordance with QQI Assessment and Standards, Revised 2013, and summarised in the following table:
| Percentage Range | CCT Performance Description | QQI Description of Attainment |
|---|---|---|
| 90% + | Exceptional | Achievement includes that required for a Pass and in most respects is significantly and consistently beyond this |
| 80 – 89% | Outstanding | |
| 70 – 79% | Excellent | |
| 60 – 69% | Very Good | Achievement includes that required for a Pass and in many respects is significantly beyond this |
| 50 – 59% | Good | Achievement includes that required for a Pass and in some respects is significantly beyond this |
| 40 – 49% | Acceptable | Attains all the minimum intended programme learning outcomes |
| 35 – 39% | Fail | Nearly (but not quite) attains the relevant minimum intended learning outcomes |
| 0 – 34% | Fail | Does not attain some or all of the minimum intended learning outcomes |
Please review the CCT Grade Descriptor available on the module Moodle page for a detailed description of the standard of work required for each grade band.
The grading system in CCT is the QQI percentage grading system and is in common use in higher education institutions in Ireland. The pass mark and thresholds for different grade bands may be different from what you have experience of in the higher education system in other countries. CCT grades must be considered in the context of the grading system in Irish higher education and not assumed to represent the same standard the percentage grade reflects when awarded in an international context.
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PART A
Assignment Introduction
The purpose of this assignment is to:
- Test the learner’s knowledge and application of the theory and practices which influences Corporate Governance in this jurisdiction. The learner is expected to demonstrate a clear understanding of the origins, purpose and objectives of Corporate Governance, including a discussion of the various theoretical bases such as that of Agency Theory, Stakeholder Theory, and Stewardship Theory.
- Test the learner’s knowledge of the role of the Board and various types of Directors in the conduct of their duties to the Company to ensure corporate governance compliance. The learner is expected to demonstrate a clear understanding of the Companies Act 2014, the role of the board, the functions of the various officers, their compliance obligations, the penalties for non-compliance, the purpose of compliance to Corporate Governance standards and their application with illustration from case studies explored in class.
Assignment Task
“Corporate Governance is the system of rules, practices, guidance and processes by which companies are directed and controlled so that the interests of all stakeholders and the community are balanced”.
Discuss this statement ensuring that you include/discuss the following:
- The theoretical perspectives which influence the oversight of Corporate Governance.
- The importance of statutory oversight and the role of regulatory bodies.
- The role, duties and responsibilities of the Board of Directors in the context of Corporate Governance compliance.
- Employment Law Obligations in Corporate Governance and the implications of non-compliance.
- The importance of oversight mechanisms on companies and the role of the Corporate Enforcement Authority.
Specific Requirements
All assessment submissions must meet the minimum requirements listed below. Failure to do so may have implications for the mark awarded.
All assessment submissions must:
- The assignment should have a minimum of 2,000 words and a maximum of 3,500 words;
- Your assignment should be in a Word document
- Font Size 12 (including headings and subheadings), and the font type should be Times New Roman or Ariel, line spacing should be 1.5;
- Be submitted by the deadline date specified or be subject to late submission penalties
- Be submitted via Moodle upload
- Use Harvard Referencing when citing third party material
- Be the student’s own work.
- Include the CCT assessment cover page.
Additional Information
- Lecturers are not required to review draft assessment submissions. This may be offered at the lecturer’s discretion.
- In accordance with CCT policy, feedback to learners may be provided in written, audio or video format and can be provided as individual learner feedback, small group feedback or whole class feedback.
- Results and feedback will only be issued when assessments have been marked and moderated / reviewed by a second examiner.
- Additional feedback may be requested by attending the next class. Additional feedback may be provided as individual, small group or whole class feedback. Lecturers are not obliged to respond to email requests for additional feedback where this is not the specified process or to respond to further requests for feedback following the additional feedback.
- Following receipt of feedback, where a student believes there has been an error in the marks or feedback received, they should avail of the recheck and review process and should not attempt to get a revised mark / feedback by directly approaching the lecturer. Lecturers are not authorised to amend published marks outside of the recheck and review process or the Board of Examiners process.
- Students are advised that disagreement with an academic judgement is not grounds for review.
- For additional support with academic writing and referencing students are advised to contact the CCT Library Service or access the CCT Learning Space.
- For additional support with subject matter content students are advised to contact the CCT Student Mentoring Academy
- For additional support with IT subject content, students are advised to access the CCT Support Hub.
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Use of Generative AI Tools
The use of generative AI tools (e.g. ChatGPT, Dall-e, etc.) is permitted in this assignment for the following activities:
- Brainstorming and refining your ideas;
- Fine tuning your research questions;
- Finding information on your topic;
- Drafting an outline to organise your thoughts; and
- Checking grammar and style.
The use of generative AI tools is not permitted in this course for the following activities:
- Impersonating you in classroom context
- Completing group work that your group has assigned to you
- Generating code for your assignment
- Writing a draft of a writing assignment
- Writing entire sentences, paragraphs or papers to complete class assignments.
You are responsible for the information you submit based on an AI query. Your use of AI tools must be properly documented and cited.
Any assignment that is found to have used generative AI tools in an unauthorised way will be subject to college disciplinary procedures as outlined in the QA Manual.
When in doubt about permitted usage, please ask for clarification.
Marking Scheme Summary; Written Assignment / Briefing Document
Explanation of the main theories of corporate governance and a discussion of how these theories influence corporate governance practices in Irish companies, including:
- Agency Theory
- Stakeholder Theory
- Stewardship Theory
Discussion of the key statutory frameworks and regulatory bodies governing corporate governance in Ireland, including:
- The Companies Act 2014
- The Corporate Governance Code
- Other relevant legislative provisions
- Central Bank of Ireland
- Irish Stock Exchange
Explanation of the role of regulatory bodies such as the Central Bank of Ireland and the Irish Stock Exchange in corporate oversight.
Discussion the duties and responsibilities of company directors under Irish law.
Explanation of the importance of board composition, independence, and accountability.
Brief analysis of case studies of Irish companies where corporate governance failures have occurred due to board mismanagement.
Outline of key employment law obligations relevant to corporate governance, including:
- Workplace health and safety regulations
- Anti-discrimination and equality laws
- Employee rights and protections under the Employment Equality Acts
Discussion of the implications of non-compliance with employment law on corporate reputation and liability.
Explanation of the role and powers of the Corporate Enforcement Authority (CEA) in regulating corporate governance.
Analysis of key enforcement actions taken by the CEA in Ireland.
Discussion of how the CEA contributes to maintaining corporate integrity and preventing fraudulent practices.
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