Leighton Holdings: Building Bribery case study (

CORPORATE GOVERNANCE CASE STUDIES - CPA Australia page 110-123

https://www.cpaaustralia.com.au ethics cg-vol-4)

and answer the following questions:

1. What areas of law are pertinent to this case study? Describe what the identified areas of law cover, and explain how they are relevant to the issues raised

in the case study. (500-600 words) (9 marks)

2. Describe the regulatory responsibility of the Australian Securities and Investments Commission (ASIC). Why was it suggested in the case study that ASIC

was a regulatory body with weak foundations that failed to effectively handle the investigation into Leighton Holdings? (500-600 words) (9 marks)

3. What is the business structure utilised by Leighton Holdings and what are its main features? How does the principle of separate legal existence apply to prevent the directors, employees and shareholders of Leighton Holdings from being personally liable to external stakeholders for the impropriety that has occurred here? (500-600 words) (9 marks)

4. Using Leighton and other similar scandals, discuss the importance of "tone" at the top (the example set by leaders) and remuneration policy in contributing to, or preventing, corruption. (500-600 words) (9 marks)