International corporate finance

COLLEGE OF BANKING AND FINANCIAL STUDIES

DEPARTMENT OF UNDERGRADUATE PROGRAMME

B.Sc. in Accounting, Auditing and Finance

INDIVIDUAL ASSIGNMENT BRIEF-1

Weightage: 30%

Student Name & ST Number
Semester	6	Summer 2021
Assignment Title	Multinational organization and Corporate Governance

Module	International Corporate Finance	Assessor:	Ms. Mariam Hassen
Start Date:	26/07/2021	Internal Verifier	Ms.Kumutha Krishnan
Due Date:

Required Work, Format and Grading

You must submit the following by the assignment due date: · Completed answers to each task, making sure that you fully address each of the outcome criteria. · Answer all questions separately. · Assignments without TURNITIN report will not be accepted. The assignment must be submitted to turnitin in word document. · The submission is in the form of an numerical/written report. This should be written in a concise, formal business style using single spacing and font size 12. · The file must be saved in the format: student ID-CMA-Formative-A1, for formative submission and student ID-CMA-Summative-A1, for summative assignment · You are required to make use of headings, paragraphs and subsections as appropriate, and all work must be supported with research and referenced using the Harvard referencing system.

Resources: You need to demonstrate a confident application of the theories to the assignment task. The theoretical underpinning of your observations and deliberations should also demonstrate a good understanding of the subject by the way that your analysis is structured. You can access the Internet to research about the topic. You should demonstrate good academic practice by the appropriate use of academic texts and journals that are properly referenced.

Guidelines and further information about assignment:

Assignment must be submitted with the “Turnitin” report. If the report generated indicates a similarity index percentage of 20% or more, a review of your assignment is necessary to ensure the same is reduced to less than 20%.

Student declaration:

I certify that the work contained in this assignment was researched and prepared by me:

Signature: ___________________________ Date: ___________________

Grades given are subjected to Internal Verification. No grades are Final

The user ID and Password for submitting the soft copy of the report through TURNITIN is as follows: The following ID and Password is for Evening batch Students Only.

Class ID Enrolment Password:

Submission time and date

You should submit the assignment by the time and date mentioned otherwise a ‘No Marks’ will be awarded. Fill in the form cover and submit with your assignment. Make sure that all the relevant details are complete. Assignments must be submitted by the due date. You may include diagrams, figures etc without word penalty.

Plagiarism Writing

Summary

1. Plagiarism occurs if you use somebody else’s work in an assignment or exam answer, but fail to state where you got the material from. You need to be also very careful about the amount of words you are using from somebody else’s work.

2. It can happen in any type of assessment where you are given the questions or tasks in advance.

3. If another student uses your work in his/her answer(s), both you and he/she will be punished when caught.

4. Punishments for committing plagiarism can be very severe.

Details

Plagiarism is a form of cheating in which students use the work of others and present it as their own. It may include all or any one of the following –

1. Copy extensively from the work of others (from sources such as books, magazines, journal, web-sites etc) and submit the work as your own.

2. Copy another students’ work and submit it for assessment under your own name.

3. Allow another student to copy your work and then submit it for assessment under their own name.

What happens if you get caught?

The examining body of CBFS may punish offending students in any manner that they deem fit. Typical punishments may range from reduction in marks, making students re-sit modules and even failing students on a module or an entire award. The college considers this form of cheating as a serious offence. Therefore be forewarned!

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Scenario

Globalization is the word used to describe the growing interedepndence of the world’s economies, cutures and populations, brought about by cross border trade in good and services, technology, flow of investment, people and information. Multinational organizations has largely contributed towards globalization. Multinational organizations dominate world production and trade. They control a substantial portion of world production and total sales of a good number of products.

A multinational corporation means an enterprise which allocates company resources without regard to national frontiers but is nationally based in terms of ownership and top management. Basically, they are international corporations with a production location in more than one country. These enterprises own or control production or service facilities outside the country in which they are based.

Their managerial headquarters are located in one country (home country) to carry out their operations in a number of other countries (host countries). The liberalisation of controls over international direct investment by most of the countries and the steps taken by the developing countries to invite foreign capital for encouraging industrial development after the Second World War has brought about the growth of multinational corporations. The large number of American, European and Japanese MNCs are working in the developing countries. Now, multinationals are also emerging from developing countries and countries from far east Asia.

A corporate scandal can occur any time in a MNC if there is evidence of unethical behaviour, negligence or third-party interference, evidence of ‘creative’ accounting, dodgy business practices, data breaches or anything that damages the environment.

Corporate governance is a field that has gained increased interest from academics and policymakers around the world in the past decade, spurred by major corporate scandals and governance problems in a host of countries, including the corporate scandals of Enron in the United States and Parmalat in Italy and the expropriation of minority shareholders in the East Asian crisis countries and other emerging countries.

Requirement;

Task 01

You are rquired to prepare a critical analytical report on multinational companies and corporate governance.

Your report should cover the below requirements, with suitable examples from Multinational companies.

a. Assess the impact of Globalization and Multinational Organizations in developing economies.

b. Evaluate the importance of corporate governance to overcome scandals that could take place in Multinational Organizations.

c. Discuss the impact on Covid- 19 on Multinational companies and their long run operations.

Word Limt of 2000 word (10% + or -)

(25 Marks)

The written report must include a;

· Title Page

· Table of Content

· Introduction

· Content

· Part a

· Part b

· Part c

· Conclusion

· Reference List (Harvard Style)

Marking Scheme for written report

Knowledge	7.5 Marks
Analysis	10 Marks
Research	2.5 Marks
Relevance	2.5 Marks
Conclusion	2.5 Marks
Total	25 Marks

Rubrics for Assignment Report

Marks/Grades Criterion	90-100 A Scale 4.0	85-89 A- Scale 3.7	74-84 B Scale 3.0	56-73 C Scale 2.0	50-55 D Scale 1.3	0-49 F Scale 0.0
Knowledge 30%	Shows well-coordinated understanding of subject	Sound understanding of subject matter	Major facts are understood	Shows understanding of basic issues/theory	Minimal understanding of basic issues/topic	No understanding of the topic/subject area
Analysis 40%	Touches upon all relevant issues/theory. Concise analysis	Detailed coverage of basic concepts/theory. Reasonable coverage of subtle issues/theory	Reasoned argument and sequencing	Shows evidence of understanding of concepts. Coverage of obvious ideas.	Fails to identify subtle issues/theory. Captures obvious ideas.	No or minimal understanding of the key theories/topic
Research 10%	Excellent referencing and reading in all areas	Use of up-to-date resources. Well informed and generally accurate information provided.	Appropriate referencing	Adequate referencing and reading.	Weak reading and referencing	Poor referencing. Shows lack of reading/references out of date
Relevance 10%	All material used is of relevance	Material used is relevant	Discussion shows relationship to theory	Some material repetitive	Some repetitive matter. Irrelevant	No relevance to subject matter
Conclusion 10%	Excellent conclusion. Brings together all concepts and adds an original perspective	Intelligent conclusion. Good application of knowledge	Methods incorporate modifications used	Conclusion in place but key points missing. Reasonable application of knowledge	Weak conclusion and content. Satisfactory application of ideas/theory	Poor conclusion. Poor knowledge application.