FINM024 Corporate Social Responsibility Assessment Essay Question

FINM024 Corporate Social Responsibility Assessment Task

 

Assignment Detail:-

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The Assessment Task

 

Essay Question

Critically assess the extent to which composition of the board of directors impacts ESG reporting and board effectiveness across the globe.

 

Environmental, social, and governance (ESG) reporting has increasingly been seen as a critical part of financial reports that encourage companies to focus on corporate social responsibility (CSR) and ecological sustainability issues and thus  important aspects of the board of directors’ monitoring and strategic tasks (Lokuwaguge & Heenetigala, 2017) that theories and academic studies have shown to  be  critical factors in ensuring board effectiveness (Gabrielsson, Calabro  &  Huse,  2016; Kakabadze, Goyal & Kakabadze, 2018; Veldman, 2019). Consequently, there has been greater pressure on organisations to enhance their ESG reporting.

 

Your task is to review the theoretical, regulatory, and empirical literature on the relationship between board composition variables (e.g., board size, board independence, board diversity (age, gender, nationality, knowledge and skills), ESG reporting and board effectiveness to critically assess the extent to which the composition of the board of directors’ impacts ESG reporting and board effectiveness across the globe. Your essay should be structured as follows

 

Learning Outcomes

On successful completion of this assessment, you will be able to:

  • Critically appraise the framework underlying governance law and practice in a national and international context.
  • Evaluate the academic underpinning, nature and importance of corporate governance and ethical behaviour and recognise governance problems to offer solutions.
  • Assess the requirement for, and impact of, financial reporting on a wide range of stakeholders.
  • Research and communicate complex and leading-edge issues in CSR and governance, in an appropriate format.

 

Assessment Criteria

  • Quality of introduction.
  • Quality of understanding, analysis and evaluation of theoretical frameworks, regulatory  requirements, and empirical studies.
  • Quality of critical assessment (argument, evaluation, and synthesis) of  the extent to which the composition of the board of directors’  impacts  ESG reporting and board effectiveness across the globe.
  • Quality of conclusion and recommendations.
  • Professional and academic quality of written work and accuracy of referencing.

 

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