Australian Corporate Governance Assignment

· The roles of the CEO, the Chair, the Non-Executive Directors, the committees of the board, and Management in demonstrating better governance practices of the board of OB.
· Corporate governance principles that are relevant in defining the role of the Chairman in encouraging the Board of OB to address the issues (you need only refer to the materials in Modules 1-6)

2. The following tips are relevant to question TWO; marks are likely to be awarded for the demonstrating an understanding, through application, of:

· Corporate governance principles and the materials in the first 6 modules
· The corporate governance problem facing the Board of Oro Brilla (OB) as it proceeds to regain functionality.
· Corporate governance principles that are relevant for Chairman Donny Melek as he leads the board to address the issues.
· How various models may allow the board of OB to assist with making decisions without interfering with the decision-making capacity of management.
· How each of the various models may and will affect the work of the board, managers, and shareholders.
· The particular steps that the Directors, the Chairman and the CEO will have to take to ensure that the board addresses the issues while also strengthening the partnership between the board and management.

3. While question ONE concerns a particular problem facing the board of OB remember that the overall question, is one that is directed at ensuring that the board of OB strengthens its system of corporate governance to address shareholder concerns.

Also – either the 2nd or 3rd editions of the ASX Corporate Governance Principles and Recommendations can be used for the assignment.