Do students need to be clear that there are different frameworks for corporate governance around the world?
Yes to some extent, but not in any detail. As mentioned in the answer to question to Q3, even though a Singapore P1 adapted paper will be available, students will always be able to cite their own codes to answer certain questions, or students could use codes that they know or become familiar with in order to make the points for which marks are awarded. For example, knowledge of the UK Combined Code as a composite report dealing with the main elements of an effective governance system may be a good starting point although related codes exist in the UK and there are equivalent codes in other countries and regions of the world. The study guide specifically mentions the Sarbanes-Oxley Act, as this rules based legislation has international application, particularly for multinational companies with US based holding companies or subsidiaries. The general point however, is that gaining a broad knowledge, understanding and developing a critical evaluation of the key principles and intentions of
Related Questions
- Do candidates need to show understanding that there are different frameworks for corporate governance around the world?
- Do students need to show understanding that there are different frameworks for corporate governance around the world?
- Do students need to be clear that there are different frameworks for corporate governance around the world?
