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Introduction to corporate governance

Unit: Introduction to Law and Governance

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April 2025

2 Questions
Question 7a
​​The best practice in corporate governance requires that certain decisions be reserved for the shareholder’s approval in an organisation. Identify FOUR examples of these decisions.


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Question 7b
​​Evaluate FOUR ways in which corporate governance could contribute towards expansion of businesses in your country.


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December 2024

3 Questions
Question 7a
​​State FOUR risks that could be faced by an organisation from neglecting Corporate Social Responsibility


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Question 6c
​​Explain FIVE disclosure obligations in corporate governance.


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Question 2b
​​​Explain SIX advantages of separation of ownership and control in corporate governance.


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August 2024

3 Questions
Question 6a
​​In governance context, examine TWO differences between “accountability” and “responsibility”.


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Question 6c
​​State EIGHT principles of good governance.


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Question 7c
​​Discuss FIVE measures which an organisation could put in place to prevent fraud in order to enhance corporate governance.


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April 2024

3 Questions
Question 6a
​​In relation to corporate governance, explain FIVE rights of shareholders.


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Question 6c
​​Explain FIVE roles of technology and digitalisation in enhancing corporate governance practices in organisations.


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Question 7b
​​With reference to corporate governance in your country, discuss SIX duties of directors.


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December 2023

4 Questions
Question 7b
​​Explain FIVE roles of regulatory bodies such as the Capital Markets Authority (CMA) in promoting corporate governance.


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Question 7a
​​Identify FIVE consequences of poor corporate governance practices to a business organisation


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Question 6c
​​With reference to corporate governance, examine FIVE roles of the Board of Directors of an organisation.


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Question 7c
​​Justify the need for organisations to develop and be guided by corporate governance frameworks


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August 2023

3 Questions
Question 7c
​​State NINE corporate governance practices that could enhance the performance of an organisation


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Question 7a
​​Distinguish between "corporate governance" and "ethics" .


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Question 6a
​​Highlight FIVE pillars of corporate governance.


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April 2023

1 Questions
Question 6a
​​With respect to corporate governance:

(i) Distinguish between “agency theory” and “stewardship theory”.

(ii) Identify SIX causes of agency problem in organisations.


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December 2022

2 Questions
Question 5a
​​(i) Define the term “corporate governance”.

(ii) Outline SIX principles of corporate governance.


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Question 1b
​​(i) Explain FOUR benefits of carrying out a legal audit in a corporation.

(ii) Describe TWO rules of statutory interpretation.


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April 2022

1 Questions
Question 5a
​​(i) Outline two types of on-site legal audit processes that might be used during data collection.

(ii) Highlight two disadvantages of a legal audit.

(iii) Outline four attributes required of a legal auditor


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Question 3a
​​Discuss five provisions of the Constitution that anchor compliance obligations in publicly listed companies


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December 2021

1 Questions
Question 4a
​​In relation to corporate governance:

(i) Define the term "legal audit".

(ii) Discuss four purposes of legal audit.


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