Question: Read the case below then answer the following questions. Sama is currently an internal auditor in a large construction company. After her first year with

 Read the case below then answer the following questions. Sama is

Read the case below then answer the following questions. Sama is currently an internal auditor in a large construction company. After her first year with the firm, her manager promoted her to lead major company projects. For example, last week she attended the annual financial statement summary given by the company's consultant during the board's meeting. Before Sama joined the company, the chairperson of the board had retired and the owners decided to have the CEO simultaneously hold the position of chairperson of the board. Sama was hoping to build a career with the company's bright future until last week's meeting when the consultant started talking about their new branch in Bangladesh and the costs per unit of the chemically plated products produced over there. He mentioned that the current waste facilities were not enough to handle the waste products created by the new company's branch. Sama's boss noted that the policies in Bangladesh are less strict when comes to environmental protection, and so he was not in favor of any more expenditure in this area. Mo managers at this meeting agreed with him. Sama was shocked and did not say anything for the rest of the meetin 1. Do you agree with having the CEO and chairperson of the board as the same person? Explain ye answer by giving one advantage and one disadvantage for such a case. ( 3 marks) 2. If the above case would escalate to the Board of Directors, which committee(s) do you think sh get involved in solving it (Audit, Compensation, or Corporate governance)? Explain why. (4 m 3. Mention 3 points on how any board should ensure good corporate governance. ( 3 marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!