Determine how did the company comply with principles of corporate governance as indicated below. The rule I:
Question:
Determine how did the company comply with principles of corporate governance as indicated below.
The rule I: Construct a Balanced Board
Rule II: Establish Appropriate Roles and Responsibilities
Rule III: Recruit Highly Qualified Candidates for Members of a Board of Directors and the Executive Management
Rule IV: Safeguard the Integrity of Financial Reporting
Rule V: Apply Sound Systems of Risk Management and Internal Audit
Rule VI: Promote Code of Conduct and Ethical Standards
Rule VII: Ensure Timely and High-Quality Disclosures and Transparency
Rule VIII: Respect the Rights of Shareholders
Rule IX: Recognize the Roles of Stakeholders
Rule X: Encourage and Enhance Performance
Rule XI: Focus on the Importance of Corporate Social Responsibility
Using the data you generated, answer the following:
How did the company:
a. selected/recruited highly qualified candidates for members of a Board of Directors and the Executive Management
b. Safeguard the Integrity of Financial Reporting
c. Ensure Timely and High-Quality Disclosures and Transparency
d. Encourage and enhance performance, particularly financial performance.
3. The report should have a minimum of 1,000 words. Minimum references will be 5.
4. Write the proper citations and references in your report. Journals and reports used should be downloaded and submitted in a separate folder.
General Instructions:
1. Form a group with 3 members.
2. Each group will conduct research on the given multinational company.
Financial Accounting Tools for Business Decision Making
ISBN: 978-0470239803
5th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso