Should a corporate governance code be developed by governmental bodies and enforced by law or should a
Question:
Should a corporate governance code be developed by governmental bodies and enforced by law or should a code be developed by private institutions as companies, shareholder representatives, lawyers and accountants and compliance be left to self-regulation? Describe the motivation for your answer.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 44% (9 reviews)
the basis of business environment if the business is having a g...View the full answer
Answered By
Balveer Singh
i completed my secondary education from a school where i was unable to get what teacher was teaching so, in my forthcoming journey i decided to help students as i had felt the situation and was aware of where it lacks from the students point of view.
i completed my graduation from a recognised university and along with it i thought of being a chartered accountant, i am in the finals stage but still following my passion to teach & help students as much as i can
i just wanted to change the way of teaching so that everyone can feel it and can apply it wherever necessary and that's what i am doing in the current scenario too
0.00
0 Reviews
10+ Question Solved
Related Book For
Principles of Auditing An Introduction to International Standards on Auditing
ISBN: 978-0273768173
3rd edition
Authors: Rick Hayes, Philip Wallage, Hans Gortemaker
Question Posted:
Students also viewed these Business questions
-
a. Assume that Carson has two choices to satisfy the increased demand for its products. It could increase production by 10 percent with its existing facilities. In this case, it could obtain...
-
As a senior partner at one of the nations largest public accounting firms, you serve as chair- person of the firms financial reporting policy committee. You are also the firms chief spokes- person on...
-
A. Does incompetence by top management and corporate boards of directors invalidate the value-maximization theory of the firm? B. Many shareholder groups prefer to split the chairman and CEO posts,...
-
What is the VaR Controversy? Define and discuss Value-at-Risk. How is VaR used to limit risk? How does the Monte Carlo Approach operate? What are some of the pros and cons of the different...
-
Write a series of equations showing how you could prepare 1,1- dichloroethane from (a) Ethylene (b) Vinyl chloride (CH2CHCl) (c) 1,1-Dibromoethane
-
What is a good indicator to use in the titration of a weak acid with K a = 1.5 10 -2 ?
-
Discuss the sampling strategy and technique to be used. Develop a hypothetical research scenario that would necessitate the use of the Action Research Approach and a Posttest With a Historical...
-
Cost data for Tiwana Manufacturing Company for the month ended May 31, 2014, are as follows: a. Prepare a cost of goods manufactured statement for May 2014. b. Determine the cost of goods sold for...
-
There are dozens of potentially relevant financial ratios that can be employed in an analysis of competitive firms (e.g. return on assets, earnings per share, etc.) This assignment requires that four...
-
Section C Find the transfer function, G(s)=VL (s) / V(s) and also categorize the response, for the electrical network shown in figure. [Hint: Identify the response just by finding the poles of the...
-
Describe the system of oversight of the audit profession in your country. Compare this system with the PCAOB standards. Discuss differences. US students should analyse the oversight system in the UK...
-
Using the references in footnotes to this chapter as a beginning place and accessing journal databases such as ABI Inform, discuss the theoretical view that the review process consists of four...
-
One of a Kind Designs is a custom dressmaker that specializes in wedding gowns. The following table contains events that occur in the manufacture and sale of gowns by One of a Kind Designs. Put the...
-
Balance of Payments What is the basic accounting principle behind balancing the Balance of Payments account?
-
Equipment Accounts payable Cash Supplies Accounts receivable Year 3 $18,000 2,300 600 Year 2 Year 1 $16,000 $14,000 8,900 9,300 8,200 1,200 1,400 1,700 Notes payable 10,300 Inventory 800 -1,000 .400...
-
You are a small manufacturer who spent $125,000 to produce your product last month. You already had $33,000 in finished goods in inventory and you ended the month with $40,000 worth of finished...
-
Fixed costs of 7 7 0 , 0 0 0 per year and its variable costs are 6 0 % of the unit selling price of $ 1 5 , 6 0 0 . What is the company's break - even point in sales dollars?
-
IFRS require the parts of PP&E with relatively significant costs to be depreciated separately. What is one challenge concerning this standard?
-
Pam Corporation pays $10,800,000 for an 80 percent interest in Sun Corporation on January 1, 2016, at which time the book value and fair value of Sun's net assets are as follows (in thousands):...
-
Smiths Family Fashions implemented a balanced scorecard performance measurement system several years ago. Smiths is a locally owned clothing retailer with fashions for men, women, teens, and...
-
How important was supply chain management for Target Canada? How did it relate to its business model? Explain your answer .
-
Identify all the problems Target Canada encountered that prevented it from becoming a successful retailer. What were the management, organization, and technology factors that contributed to these...
-
How much of Target Canadas problems were technology based? Explain your answer.
-
Adjusting Entries and accounts 1) The company began 2021 with 350 hats which had a cost of $23 each. The company uses a periodic LIFO inventory system to cost their inventory. Employees physically...
-
The value derived from exercising an option immediately is the exercise value. No rational investor would exercise an option that is out-of-the-money, so the minimum exercise value is zero. The...
-
The Chicago Board Options Exchange (CBOE) is one of the world's largest options exchanges. CBOE and other options exchanges trade contracts that give buyers and sellers the right to trade investment...
Study smarter with the SolutionInn App