Evaluate how effectively your BACC Accounting for Business Company’s annual report applies the selected governance principle in its most recent annual report.

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Corporate ethics and integrity stories such as the #metoo or Facebook security breaches, have led to increased global interest in good governance.

Companies include in their annual report, statements to communicate their governance practices and promote their ethical credentials.

To assist with the development of clear and ethical corporate governance statements, the ASX Corporate Governance Council has developed a framework to guide companies. Explain what corporate governance is and why it is important.

Describe its relationship to ethics. Choose one principle from the ASX Corporate Governance Council’s Corporate Governance Principles and Recommendations (4th Edition) and explain how this principle supports ethics.

Evaluate how effectively your BACC Accounting for Business Company’s annual report applies the selected governance principle in its most recent annual report.

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