10/02/2010

AFX5120 sample essay (2)

this is another essay of AFX5120, 7 out of 10

Introduction


Corporate Governance Statement and Remuneration Report are core components of the Annual Report. The external users of financial report will make decisions by check these two reports besides the income statement and balance sheet. The Corporate Governance Statement shows the company how to conduct corporate governance, and sound corporate governance can help company to make more profit. Also, a good Remuneration Report makes the financial position of the company more transparent. This essay will analysis some Corporate Governance Statement and Remuneration Report in practical world.

Provide some examples of companies that appear to have performed well financially, even though they might not have model systems of corporate governance. Do you believe these companies could have achieved their financial performance if they were required to implement the full array of corporate governance policies and structures?

We found two companies which don’t have model systems of corporate but have performed well financially.