Ethical Behaviour and Corporate Governance
Scenario
Learners may use their own employment context, or that of another organisation with which they are very familiar, to base their assignment. However, in the case that they are not able to do so, please use the below scenario:
Lloyds Banking Group is a leading provider of financial services to individual and business customers in the UK. Its main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment. It provides services under a number of well-recognised brands including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows and through a range of distribution channels including the largest branch network in the UK and a comprehensive digital proposition. The Group is quoted on the London Stock Exchange and the New York Stock Exchange and is one of the largest companies in the FTSE 100 index of leading UK companies.
Read the 2016 Annual Report of Lloyds Banking Group entitled "Helping Britain Prosper" available online and carry out appropriate analyses of the ethical and corporate governance policies adopted by Lloyds Banking Group. You are encouraged to use relevant data/information from company websites.
Task 1 - 500 words
Explain what a profession is and identify the application of governance law and practices in the national and international context.
: Explain what a profession is and the professional institutes.
: Identify the law and practices prevailing in the national and international context.
: Critical evaluate the framework on the national and international perspective.
Assessment Criteria
: Explain what a profession is and the professional institutes.
: Identify the law and practices prevailing in the national and international context.
: Critical evaluate the framework on the national and international perspective.
Task 2 - 500 words
Identify the nature and importance of corporate governance and ethical behaviour and critical evaluation of ethical issues in relation to corporate activity and recommend solutions.
: Identify and explain the significance of corporate governance and ethical behaviour.
: Critically evaluate ethical issues arising in relation to corporate activity.
: Evaluate solutions identified to overcome ethical issues arising in relation to corporate activity.
Assessment Criteria
: Identify and explain the significance of corporate governance and ethical behaviour.
: Critically evaluate ethical issues arising in relation to corporate activity.
: Evaluate solutions identified to overcome ethical issues arising in relation to corporate activity.
Task 3 - 300 words
Assess the impact of financial reporting in relation to a wide range of stakeholders.
: Identify the range of stakeholders available.
: Evaluate the impact of financial reporting on the range of stakeholders identified.
Assessment Criteria
: Identify the range of stakeholders available.
: Evaluate the impact of financial reporting on the range of stakeholders identified.
Task 4 - 350 words
Identify the principle approaches of governance, identifying and assessing how the risk should be managed in order to achieve good corporate governance.
: Identify the principle approaches of governance.
: Identify the risk involved and how it could be managed to achieve good corporate governance.
Assessment Criteria
: Identify the principle approaches of governance.
: Identify the risk involved and how it could be managed to achieve good corporate governance.
Task 5 - 350 words
Research and communicate complex and leading-edge issues in CSR and governance, in an appropriate format.
: Identify CSR and governance issues.
: Evaluate communication issues identified in an appropriate and understandable format.
Assessment Criteria
: Identify CSR and governance issues.
: Evaluate communication issues identified in an appropriate and understandable format.
Attachment:- Ethical Behaviour and Corporate Governance.rar