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BRIEF
You have been retained by SelectFit as a specialist Corporate Governance Advisor. Your brief is to present a written paper on corporate governance practice to SelectFit at its next company meeting. You are required to:
1. Outline how to maintain and establish good corporate governance once the company is listed, in accordance with the Third Edition ASX Principles and Recommendations 2014 and other relevant statements, law or guidance (and address any specific risks SelectFit may have).
2. Discuss the advantages and disadvantages of corporate governance, demonstrating the benefits to the business as a listed entity in having good corporate governance, together with any disadvantages.
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3. Assist your client to understand the importance and benefits of adhering to the ASX Principles and Recommendations by referring to HIHs situation. Inform yourself about 2001 HIHs collapse before you start this assignment, by doing some searching and reading. Two references are provided above on HIH to get you started.
4. Follow the business report structure, order and guidance as outlined in https://www.business.unsw.edu.au/Students-Site/Documents/Writingareport.pdf. However do not include a letter of transmittal. You will need a brief title page that replicates the requirements needed in business (and not those of a student cover page that you will provide in a TSBE cover page). A brief executive summary is needed with all the components mentioned in the link above, and an automatically generated table of contents. Search Google to learn how to generate a table of contents for the version of Word you use.
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