Académique Documents
Professionnel Documents
Culture Documents
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is the set of
processes,, customs
processes customs,, policies
policies,, laws
laws,, and
institutions affecting the way a corporation (or
company)) is directed, administered or
company
controlled
:: Organizations
should clarify and make publicly known the
roles and responsibilities of board and
management to provide shareholders with a
level of accountability .
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p
6
External corporate governance controls
competition
debt covenants
demand for and assessment of performance
information (especially financial statements)
statements)
government regulations
managerial labor market
media pressure
takeovers
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