Corporate Governance, Ethics, and Business Structures

Explain the principal-agent problem and its implications for corporate governance.

Describe the key principles of corporate governance and identify their application in real-world scenarios.

Explain the roles of the board of directors and its committees, linking each to specific financial oversight responsibilities.

Analyse ethical dilemmas in business finance through case-based scenarios.

Compare sole traders, partnerships, LLPs, and limited companies by liability, taxation, and financing characteristics.

Analyse the financial implications of limited liability through a creditor-loss scenario.

Compare the characteristics of public and private limited companies.