CORPORATE GOVERNANCE SEM 2 2022/2023 Corporate Governance Section A Answer all the questions in this section. 1. Explain how the enlightened shareholder value approach attempts to reconcile the shareholder value and stakeholder approaches to corporate governance. SUGGESTED ANSWER (5 marks) 2. Describe what is meant by the term 'Code of Conduct and Ethics' and explain the purpose of having a company's Code of Conduct and Ethics. SUGGESTED ANSWER 3. (5 marks) Explain the main principle and practices of the Malaysian Code of Corporate Governance with regard to independent non-executive directors. SUGGESTED ANSWER (5 marks)