LML4806
Assignment 2
Semester 2 2023
LATEST QUESTIONS AND
ANSWERS
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, Question: 1
With reference to appropriate authority, discuss the appointment and
composition of the social and ethics committee. (5)
The appointment and composition of a social and ethics committee can
vary by country and organization, as regulations and corporate governance
practices differ. However, I can provide a general overview of how such
committees are typically appointed and composed, with reference to
relevant authorities in corporate governance.
1. Appointment of the Social and Ethics Committee:
The appointment of a social and ethics committee is typically governed by
relevant laws and regulations in the country where the organization
operates. In many jurisdictions, corporate governance codes or regulations
may require the establishment of such committees for certain types of
companies, especially those with a significant impact on society and the
environment. The following steps are often involved in the appointment of
the committee:
a. Legal Requirement: Companies are usually required to establish a
social and ethics committee by the relevant corporate governance code or
legislation. These requirements can vary, but they often apply to larger
public companies or those involved in specific industries such as finance or
extractive industries.
b. Board Approval: The board of directors of the company is responsible
for appointing members to the social and ethics committee. This decision is
made in accordance with the legal requirements and the company's
bylaws.
For assignment help and inquiries
WhatsApp: +254704997747
Email:
Assignment 2
Semester 2 2023
LATEST QUESTIONS AND
ANSWERS
For assignment help or inquiries
WhatsApp +254704997747
Email:
, Question: 1
With reference to appropriate authority, discuss the appointment and
composition of the social and ethics committee. (5)
The appointment and composition of a social and ethics committee can
vary by country and organization, as regulations and corporate governance
practices differ. However, I can provide a general overview of how such
committees are typically appointed and composed, with reference to
relevant authorities in corporate governance.
1. Appointment of the Social and Ethics Committee:
The appointment of a social and ethics committee is typically governed by
relevant laws and regulations in the country where the organization
operates. In many jurisdictions, corporate governance codes or regulations
may require the establishment of such committees for certain types of
companies, especially those with a significant impact on society and the
environment. The following steps are often involved in the appointment of
the committee:
a. Legal Requirement: Companies are usually required to establish a
social and ethics committee by the relevant corporate governance code or
legislation. These requirements can vary, but they often apply to larger
public companies or those involved in specific industries such as finance or
extractive industries.
b. Board Approval: The board of directors of the company is responsible
for appointing members to the social and ethics committee. This decision is
made in accordance with the legal requirements and the company's
bylaws.
For assignment help and inquiries
WhatsApp: +254704997747
Email:
