SECTION B

QUESTION 1 Using relevant examples and illustrations critically discuss the sphere of corporate governance.

QUESTION 2 Time and time again investigations into a wide range of crises (including some within the financial services sector) have revealed that socio-technical factors are the underlying (i.e., root/core) causes of almost all disasters and crises (Tricker, 2014). Do you agree with this statement? Explain using relevant examples by referring to any two crises/ disasters of the 21st century.

QUESTION 3 Risk management is a process which entails the recognition, identification and assessment of risk, and the development of strategies to mitigate it. As with the fundamentals of risk management as a concept, managing personality risks involves recognising, identifying, assessing and mitigating risks associated with personality (Konzelmann, 2015).

In light of the statement above critically discuss the following; 3.1 The relationship between corporate governance and risk management. (10 marks)

3.2 The relationship between corporate governance and personality. (10 marks)

QUESTION 4 Compare and contrast the following of models and theories of corporate governance; use illustrations to demonstrate your theories. 4.1 Stewardship theory and Agency theory.

4.2 Resource dependency and Enlightened shareholder theory.