Essay

For this essay, you will conduct research in order to contrast agency theory and stewardship theory in corporate governance. In your essay, be sure to address the following comments:

What are the responsibilities of top management and leaders in relation to corporate governance and strategic planning? What are the benefits of strategic management?

What are the roles and responsibilities of the board of directors? Please provide an example of a board of directors that did, or did not meet its responsibilities to the company.

Explain the Sarbanes-Oxley Act and its impact on corporate governance. How has it changed the way leaders do business in the United States?

Conclude with a discussion of the ways the strategic audit helps corporate governance.

The essay should be at least two pages in length, double-spaced, and in 12 pt. Times New Roman font. The title and reference pages do not count towards the minimum page length. To complete this assignment, a minimum of three reputable sources must be used, cited, and referenced.

College of Business – CSU. (2016, January 12). MBA5101 Unit I lesson video [YouTube video]. Retrieved from https://www.youtube.com/watch?v=p5axP8yAmFk&feature=youtu.be&list=PL08sf8iXqZn54RIuJs-skgp4omxG-UOu5  

Click here to access a transcript of the video. https://online.columbiasouthern.edu/CSU_Content/Courses/Business/MBA/MBA5101/15M/UnitI_LessonVideoTranscript.pdf

Pomykalski, A. (2015). Global business networks and technology. Management, 19(1), 46-56.

Silverstein, E. (2015). Years later, Sarbanes-Oxley is part of how companies do business. Insidecounsel, 26(286), 38-39.

Wheelen, T. L., Hunger, J. D., Hoffman, A. N., & Bamford, C. E. (2015). Concepts in strategic management and business policy: Globalization, innovation and sustainability (14th ed.). Upper Saddle River, NJ: Pearson.

Wvfunnyman. (2013). Amazon Customer Service Center Huntington [Image]. Retrieved from https://commons.wikimedia.org/wiki/File:Amazon_Customer_Service_Center_Huntington.jpg