Please read carefully and you must to follow files I uploaded the description of task….******

The Principles of Good Corporate Governance and Best Practice Recommendations were introduced by the ASX Corporate Governance Council in 2003. The adoption of specific corporate governance practices and particularly the adherence to an overall code of governance practice have been proved to benefit companies listed on the Australian Securities Exchange

Select one Woolworths

********Identify how voluntary compliance has been practiced in the company and explain the benefits of the compliance to its existing governance arrangements.

**********In the absence of the adoption, examine why the recommendations have not been put in place and how potential application may assist to improve the company’s good governance. ******

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*******you must to engage with agency-based corporate governance practices and explain how the highly recommended practices may be used to effectively improve the performance of a company.

********you must to start with identifying if the company of his/her choice has put the code of practices recommended by ASX in place and then examine the degree to which the company has adhered to the code.

Key features for discussion may include (but are not limited to):

• Remuneration practices

• Transparency and disclosure

• Committee composition

• Shareholder rights

• Board diversity

• Social responsibility

• Audit process

• Community engagement