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PURPOSE: The purpose of this home work assignment is to describe and analyze corprate governance practices of a selected company. The assignment provides the student an opportunity to link theoretical aspects of the course with real world situations and to learn the challenges faced by companies in application of the principles of operations management.

ASIGNMENT DESCRIPTION:
• Select any company of your choice as long as you can gather sufficient information to provide a good analysis of the company’s corporate governance in three selected areas among the given belw. The selected company is preferred to be big international company working in Saudi Arabia or abroad ( the company could be Saudi or Non Saudi).
• Select 3 of the following topics for your assignment:
• Accountability
• Fairness
• Transparency
• Independence (Integrity/Probity)
• Good Board practices
• Control Environment
• Transparent disclosure
• Well-defined shareholder rights
• Board commitment

INSTRUCTIONS:

1. It’s an individual homework assignment composed of written report and presentation through slides. Use books, electronic databases, company websites, social media, search engines, and any other suitable sources to collect your data.
2. The report should include a real contribution from the student. And the assignment report should be between 1500 and 2000 words. Students are required to submit a hardcopy of the report followed by a softcopy
3. Submit your report as early as possible. Due dates will be firmly adhered. If report is not submitted by the due date, a penalty of 20% per day will be deducted from the assessment mark. Format for report structure is attached.
4. Writing Guidelines: Paper size: A4, Line Spacing: 1.15, Margins: 1” (inch)all sides, Font: Times New Roman, Font Size: 12 for text 14 for heading and 13 for subheading .
5. Your report should be grammatically correct, well punctuated, clear, neatly presented, and easy to read. Failure to comply with these requirements will result in a significant loss of marks.
6. Referencing: Plagiarism will not be tolerated at all and will lead to serious action. All sources must be referenced. The Harvard Referencing style must be used to support all sources of information. Students must provide in-text references as well as referemce list at the end of document. Harvard Referencing guide is available on blackboard.
7. Evaluation Criteria: Rubrics and forms for evaluation of project report and format of individual contribution report are provided in page 3 and 4.

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Saudi Aramco Corporate Governance Practices
Description of the selected topic in the company
Corporate governance is one of the priority outcomes a Saudi Aramco. The overall function of corporate governance at the institution is ensuring transparency, effective oversight, and accountability at every level of the organization (Saudi Aramco, 2019). A primary facet of the company’s corporate governance is the work of the board of governors, often abbreviated as BOD. The BOD serves as the stewards of Saudi Aramco, steering each of the company’s business affairs. In addition, the BOD works to provide the firm’s management with guidance on how to determine the long-term strategy. At the same time, the BOD assesses the entity’s risks, opportunities, and controls for risk mitigation (Aramco, 2019).
Two other critical aspects of the firm's corporate governance are corporate management and ethics and governance. As for corporate management, the members of the corporate management team often possess in-depth domain knowledge along with expertise across Saudi Aramco and the sector (Saudi Aramco, 2019). These people embody the firm’s high-performance culture, besides upholding the corporate values while leading the accomplishment of the objectives set. Concerning ethics and governance, Saudi Aramco has a set of ethics and compliance principles embedded deeply with the entity’s corporate culture. Besides, these principles usually form the foundation for the development of a suite of codes, policies, and guidelines that control and inform the workers’ behaviors as they implement the strategy of the firm. Furthermore, the principles often shape Aramco’s compliance programs that serve as the benchmark against which the entity measures its...
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