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Question 1-20 Marks a) Define corporate governance. Discuss why corporate governance is important in today's environment. (10 marks) b) The fundamental principles of International Federation of Accountants Code of Ethics are integrity, objectivity, professional competence and due care, confidentiality, and professional behaviour. Briefly discuss each of these principles and why you believe that they are so important for Accountants? (10 marks) Question 2 - 20 Marks a) Corporate Social Responsibility (CSR) can contribute to achieving a strategic goal of becoming "the most competitive and dynamic knowledge-based economy in the world capable of sustaining economic growth with more and better jobs and greater social cohesion" Do you agree/disagree with this statement. Explain. (10 marks) b) To what extent do legitimacy, stakeholder and institutional theories provide competing mutually exclusive explanations of voluntary corporate reporting process? (10 marks)