ACCT6015-Corporate Governance Review Writing – Management Assignment Help

Assignment Task


Case Study.

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Crown resort Ltd, which is majority-owned by Australian billionaire James Packer, has been involved in allegations of illegal activity for years at its casinos in Melbourne and Perth. The chief executive of Crown Resorts has quit amid a scandal over money laundering allegations within its casinos. Mr Barton has been with the company for over a decade, previously as a chief financial officer before becoming chief executive in 2020. Inquiry commissioner Patricia Bergin found Crown had been “facilitating money laundering, exposing staff to the risk of detention in a foreign jurisdiction and pursuing commercial relationships with individuals” connected to criminal groups. She recommended an overhaul of the company’s governance, beginning with the sacking of most of the board in her report. 

By reviewing the Crown Resort’s Annual Reports for the last 5 financial years, including Corporate Responsibility section, Corporate Governance Statement, Directors’ Statutory Report, and Remuneration Report, you are required to answer the following questions. 

Discuss Questions.

1. Evaluate the board structure and function of the board of Crown Resort Ltd.
2. Identify the responsibilities of the board for activities related to fraudulent scams.
3. Prepare recommendations for the Board to prevent similar corporate scandals from arising in the future. 

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