Corporate Governance

Absolutely no plagiarism, must be original and very thorough. Please make sure everything is followed in the question and the grading rubric. Assigned textbook is attached but also must include one other academic relevant outside resource, total of at least 2 references. Must include in-text citations. Please include the free link to the relevant academic source.

Supporting material: Please feel free to use these links…Must also include one other academic relevant outside resource.

Fisher, D. (2013). Delaware ‘public benefit corporation’ lets directors serve three masters instead of one. Forbes. Retrieved from http://www.forbes.com/sites/danielfisher/2013/07/16/delaware-public-benefit-corporation-lets-directors-serve-three-masters-instead-of-one/

Knowledge@Wharton. (2002). Global view of corporate governance: One size doesn’t fit all. Retrieved from http://knowledge.wharton.upenn.edu/article/a-global-view-of-corporate-governance-one-size-doesnt-fit-all/

Audit Committee Resource Guide. (2015). Deloitte. Retrieved from corpgov.deloitte.com

Question:Corporate Governance

In your assigned textbook reading this week, Anand (2008) discusses how bad corporate governance can lead to illegal activity such as corruption. In your optional reading this week, Wharton management professor Mauro Guillen stated “a poorly conceived corporate governance system can wreak havoc on the economy by misallocating resources or failing to check opportunistic behaviors”. How can good corporate governance help to check opportunistic behavior or avoid illegal activities? What red flags or warning signs would help address these problems early? Please provide specific examples.

Please see grading rubric below. This assignment should be at least 5-6 paragraphs long and very thorough. Make sure you integrate real-life applications to support key points.