TAILIEUCHUNG - ICT Tools for CORPORATE GOVERNANCE

Accountability. Clarifying governance roles & responsibilities, and supporting voluntary efforts to ensure the alignment of managerial and shareholder interests and monitoring by the board of directors capable of objectivity and sound . Requiring timely disclosure of adequate information concerning corporate financial performance | 8 14 2013 CORPORATE ICT Tools for CORPORATE . . Presented by- A corporation is an organization created incorporated by a group of shareholders who have ownership of the corporation. The elected board of directors appoint and oversee management of the corporation . Chapter one Corporate Governance Concepts . what is Corporate Governance GOVERNANCE Oxford English dictionary defines governance as the act manner fact or function of governing sway control. The word has Latin origins that suggest the notion of steering . it deals with the processes and systems by which an organization or society operates. Governance can be used with reference to all kind of organizational structure . Ngo -not for profit organization Municipal corporation gram panchyat Central state government Partnership firm 1 8 14 2013 CORPORATE GOVERNANCE It is a broad concept and has been defined and understood differently by different groups and at different points of time . The Cadbury committee report defines it as the system by which companies are directed and controlled . Corporate governance deals with the ways in which suppliers of finance to corporations assure themselves of getting a return on their investment . -The Journal of Finance Shleifer and Vishny 1997 . . DIFFERENCE BETWEEN CORPORATE GOVERNANCE CORPORATE MANAGEMENT External Focus Internal Focus Governance assumes an open system Management assumes a closed system Strategy-orientated Task-orientated Concerned with where the company is going Concerned with getting the company there If management is about running the business corporate governance is about seeing that it is run properly. All companies need managing and governing. 2 8 14 2013 PARTIES TO CORPORATE GOVERNANCE . FRAMEWORK OF GOVERNANCE Supervisory board committee team Audit committee Internal audit Statutory audit Disclosure of information Risk management framework Internal control framework Board of directors Managers Workers Shareholders or owners .

TAILIEUCHUNG - Chia sẻ tài liệu không giới hạn
Địa chỉ : 444 Hoang Hoa Tham, Hanoi, Viet Nam
Website : tailieuchung.com
Email : tailieuchung20@gmail.com
Tailieuchung.com là thư viện tài liệu trực tuyến, nơi chia sẽ trao đổi hàng triệu tài liệu như luận văn đồ án, sách, giáo trình, đề thi.
Chúng tôi không chịu trách nhiệm liên quan đến các vấn đề bản quyền nội dung tài liệu được thành viên tự nguyện đăng tải lên, nếu phát hiện thấy tài liệu xấu hoặc tài liệu có bản quyền xin hãy email cho chúng tôi.
Đã phát hiện trình chặn quảng cáo AdBlock
Trang web này phụ thuộc vào doanh thu từ số lần hiển thị quảng cáo để tồn tại. Vui lòng tắt trình chặn quảng cáo của bạn hoặc tạm dừng tính năng chặn quảng cáo cho trang web này.