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Students are to select THREE companies (if a group of 2 students or more) or TWO companies (if you are working individually) from the Top

Students are to select THREE companies (if a group of 2 students or more) or TWO companies (if you are working individually) from the Top 100 companies listed on the Australian Securities Exchange. ONE (and only one) of the three /two companies you choose must be one of the following:

a. NAB

b. CSB

c. ANZ

d. Westpac

e. AMP

Students should review the most recent annual reports along with the disclosure on the company website and any supplementary reports, including reliably sourced information in the media and rank the companies in terms of whether you think they have Good Corporate Governance. Students should also make a decision as to which company has better corporate governance based on the disclosures and fully justify the decision with examples and comparisons.

Students should consider what constitutes Good Governance and whether the companies have disclosed enough information (Voluntary and Mandatory information) to allow them to be compared and ranked. In addition students should consider the company size, political visibility, and image of the company and how this may influence governance related disclosures.

In preparing this presentation, students should consider the following guide points in their initial research (note: students can add to this list, these are guide points only. Students are NOT required to have these individual points as separate headings when presenting).

(i) Why did you choose these particular companies and what is significant about them?

(ii) What in summary do they disclose about their corporate governance in their annual reports?

(iii) How meaningful or helpful is this information in assessing their corporate governance?

(iv) How does the information disclosed compare to the theories of good corporate governance?

(v) What comments have you found in the media or other sources about the companies?

(vi) How does this information compare to what was disclosed by the company in their annual report?

(vii) What are each companys strengths and weaknesses in corporate governance? How do they compare to each other?

(viii)Considering all the information you have researched, in your opinion do the Companies have good corporate governance? You must support your conclusions.

(ix) In your opinion is there a need for more mandatory corporate governance information to be disclosed in annual reports? If so what & why, if not why not?

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