In: Accounting
Using information from these web sites, along with other resources, prepare a report that addresses the following issues for your selected country: (1) compare and contrast the corporate governance principles of your selected country with the United States, (2) identify the relevant corporate governance parties and their roles, (3) describe recent challenges related to the corporate governance for your selected country, and (4) list and describe recent corporate governance activities in your selected country.
1. Corporate governance can be viewed as a process by which directors control and direct the management of a company. Companies in different countries are operating in a different culture ,legal social and economic environments.USA manage all the risk and governance compliance obligation in a single, intelligent platform.
2.Corporate governance parties are a follows,
a. Board of directors.
b. Shareholders,
c.Managers.
d. Auditors,
e. Regulators.
f. Other stakeholders.
3. The last few years have seen some major scams and corporate collapses across the globe. International Organizations like IMF , WTO , and world bank are also insisting transparency. effort are being made to have a common sett of disclosure policies and norms.
4.Corporate governance activities are as follows ,
It is the system of rules, practices and processes by which firm is directed and controlled. Possibilities of conflicts between stakeholders primarily between shareholders and upper management . Since the corporate governance is also provide the frame works for attaining a company's objectives.