1. Assess the post-merger board structure and discuss the pros and cons before reading the Financial Times article.
2. Since the Mittal family retain 43.5% of the voting equity can an institutional investor make a significant
contribution to the governance of the company? (10 marks)
3. Please read the Financial Times article under ‘Assessment Tasks and Submission’. Discuss the positive and
negative impacts on the effectiveness of the (pre-merger) Mittal Steel board after reading the article and
compare its effectiveness with the post-merger board. (10 marks)
Marks will also be awarded for the academic rigour of the paper (10 marks).
• Please answer the three questions individually (i.e. one by one), observing Harvard referencing style and a clear and
logical structure, along with the ability to express yourself clearly and succinctly.
• Your arguments have to be based on concepts and tools discussed in the topics of this unit and must be supported
through direct reference to (academic) literature (recent peer-reviewed journals preferred). The report will be
assessed based on your ability to develop arguments supported by relevant and valid sources (please also refer to
marking criteria). You are expected to use at least 5 academic sources (excluding the textbook) to support your
viewpoints. All sources must be properly referenced.
• In addition to the academic references, and in case you want or need additional information about the case, feel
free to engage with non-academic literature, i.e. in order to gain a broader and more detailed understanding of the
case study environment, you can mention and use information and facts from valid newspapers, magazines and/or
official reports. Again, all sources must be properly referenced.
• Assignments strictly have to be within the word limit (- / + 10 %)
• Where cases of plagiarism are found, students will be sanctioned in accordance with university policy (see Blackboard
for more information).
• All students will be required to submit their assessments via the ACC03043 SCU Blackboard learning site, utilising a
Turnitin assignment link. Students will be able to amend and resubmit their assessment following a Turnitin review
(ie. multiple submissions are allowed up until the due date).