"Literature Review On The Impact Of Information Technology In Corporate Governance And Financial Reporting" Essays and Research Papers

  • Literature Review On The Impact Of Information Technology In Corporate Governance And Financial Reporting

    IMPACT OF INFORMATION TEHNOLOGY ON CORPORATE GOVERNANCE AND FINANCIAL REPORTING 1.0 INTRODUCTION The introduction of the computer and advent of the Internet has changed the way we live in the modern world. This spans across every aspect of human life. Modern innovations have led to the description of the age in which we live as “the Information age”. Information technology and management therefore plays a vital role to the extent that timely access to Information could save a life while improper...

    Board of directors, Corporate governance, Corporation 10380  Words | 30  Pages

  • Corporate Governance Final Exam

    long-term impacts of the business. Because too often individual shareholders will not ask the difficult questions on how corporations are effecting the environment, society and the economy, it is as a result the accountability of the institutional shareholders to take this challenge to big companies on behalf of the individuals that they represent. Final Exam Different committees have to be established and put into process in order for a company to represent good corporate governance...

    Auditing, Board of directors, Corporate governance 716  Words | 3  Pages

  • Corporate Governance

    question 2. Definition of Corporate Governance 3. Literature Review 4. Reports and Reviews 5. Challenges 6. Director’s Responsibilities 7. Conclusion 8. References 1. ASSIGNMENT QUESTIONS Question 1 Define, and state the importance of Corporate Governance Question 2 Provide a Literature Review Question 3 Provide a report and review of the debate on Corporate Governance. Question 4 Discuss the challenges that face Corporate Governance Question 5 Discuss the Director’s...

    Board of directors, Corporate governance, Corporation 2140  Words | 7  Pages

  • Corporate Governance

     Interests in corporate governance, specifically in business accountability, emerged in 2001-2002 in response to the financial collapses that large companies faced such as Enron in the United States, Parmalat in Italy, Ahold in Netherlands etc... . Governments and agencies, tried to prevent these scandals by issuing laws and regulations such as the Sarbanes–Oxley Act of 2002, United States federal law, however, shortly the interests in good corporate governance was renewed and emphasized after...

    Accountability, Board of directors, Business ethics 1697  Words | 4  Pages

  • corporate governance

    version of corporate governance. Corporate governance is a system which helps control and direct companies. It establishes a key relationship between the board of directors and shareholders. Corporate governance aims is to look after the interests of shareholders and not directors, and also enhance the value of those interests. It’s believed the UK Code is cheap for businesses to adopt given the long term growth and success they will experience in return. A report by the Governance Metrics International...

    Audit, Board of directors, Corporate governance 1445  Words | 3  Pages

  • Corporate Governance in Uk

    [pic] Corporate governance developments in the UK Corporate governance developments in the UK are summarised as follows: Initial corporate governance developments in the UK began in the late 1980s and early 1990s in the wake of corporate scandals such as Polly Peck and Maxwell. Financial reporting irregularities led to the establishment of the ‘Financial Aspects of Corporate Governance Committee’ led by Sir Adrian Cadbury. The resulting Cadbury Report published in 1992 outlined a number...

    Bank, Cadbury Report, Combined Code 2141  Words | 7  Pages

  • Corporate Governance in Malaysia

    Corporate Governance is a concept in which it has been existence for decades; although not in the exact form that it has come to be understood today (Anandarajah, 2001). The term corporate governance was introduced in Malaysia in 1997 during the Asian Financial Crisis. It also drew the public’s attention on the weaknesses of the Malaysian corporate governance practice (Nor Azizah Zainal Abidin, 2007). Besides that, the downfall of Sime Bank, the Bumiputera Malaysian Finance (BMF) scandal, the irregularities...

    Board of directors, Corporate governance, Corporation 2443  Words | 7  Pages

  • The Impact of Corporate Governance on Firm Performance in Mauritius

    Corporate governance is a field in economics that investigates how to secure/motivate efficient management of corporations by the use of incentive mechanisms, such as contracts, organizational designs and legislation. This is often limited to the question of improving financial performance, for example, how the corporate owners can secure/motivate that the corporate managers will deliver a competitive rate of return. (Mathiesen, 2002). Another definition is "Corporate Governance is concerned...

    Adrian Cadbury, Cadbury, Cadbury Report 923  Words | 4  Pages

  • INFORMATION TECHNOLOGY AND THE OPERATIONAL CHALLENGES OF CORPORATE INTERNAL AUDITORS.

    INFORMATION TECHNOLOGY AND THE OPERATIONAL CHALLENGES OF CORPORATE INTERNAL AUDITORS. A STUDY OF NEXANS KABELMETAL NIGERIA PLC. INTRODUCTION Information technology (IT) is the application of computers and telecommunications equipment to store, retrieve, transmit and manipulate data, often in the context of a business or other enterprise. The term is commonly used as a synonym for computers and computer networks, but it also encompasses other information distribution technologies such as television...

    Audit, Auditing, Corporate governance 1941  Words | 7  Pages

  • Corporate Governance and Financial Performance

    CORPORATE GOVRERNANCE AND FINANCIAL PERFORMANCE CASE STUDY: ROOFINGS GROUP 1.0 INTRODUCTION Corporate governance is concerned with ways in which all parties interested in the well-being of the firm (the stakeholders) attempt to ensure that managers and other insiders take measures or adopt mechanisms that safeguard the interests of the stakeholders. Such measures are necessitated by the separation of ownership from management, an increasingly vital feature of the modern firm. A typical firm...

    Business ethics, Corporate governance, Governance 726  Words | 3  Pages

  • Corporate Governance

    16: CORPORATE GOVERNANCE – Combined Code Question 1 “Early skepticism about the self-regulatory nature of the Cadbury Report has melted away. It is now clear that self-regulatory codes have a useful role to play in solving the crisis which has been facing corporate governance. Discuss. i. Usefulness/doubts about Cadbury ii. Self-regulating code iii. Crisis-problem been solved? Introduction In as early as the 1960’s, successful commentators and businessmen have identified the significance...

    Cadbury Report, Combined Code, Corporate governance 1815  Words | 6  Pages

  • corporate governance

    Definition of Corporate Governance “The process and structure used to direct and manage the affairs of the business towards enhancing business prosperity and corporate accountability with the ultimate objective of realizing long-term shareholder value, whilst taking into account the interests of other stakeholders”. Prior to the establishment of this definition, there were 4 others namely by; The Cadbury Report (1992) defined corporate governance as „a whole system of controls by...

    Board of directors, Cadbury Report, Combined Code 1606  Words | 7  Pages

  • Information Technology and Accounting

    UNIT 1 * IT Governance- the process of controlling an organization’s IT resources which include information and communication systems as well as technology. Also requires controlling the IT process to ensure that it complies with regulatory, legal and contractual requirements. * Objective of IT governance- set strategies for IT so that it is closely aligned with organizational goals and to use IT for maximum opportunity but minimum risks. * Two parts of IT governance- use of IT to...

    Audit, Auditing, Ethics 1593  Words | 7  Pages

  • Corporate Governance

    INTRODUCTION Corporate governance is a set of rules and regulations for the companies that how companies should be run and managed. It is a model by which board of directors ensures accountability and transparency to the stakeholders of the company. It gives a process for solving the issues like conflict of interests of stakeholders in accordance with their responsibility in the company. Corporate governance provides a system of fair management and proper control where authority and responsibility...

    Board of directors, Cadbury Report, Combined Code 1281  Words | 4  Pages

  • Transparency in Corporate Governance

    Running head: TRANSPARENCY IN CORPIRATE GOVERNANCE McBride Financial Services - Transparency in Corporate Governance University of Phoenix May 4, 2009 Transparency is imperative with respect to corporate governance due to the crucial nature of reporting financial information to maintaining investor and consumer confidence. The lack of devotion to corporate governance policies will send the message that the company is unbalanced and the leadership is not incorporating the highest level...

    Board of directors, Business, Business ethics 1499  Words | 5  Pages

  • Corporate Governance

    Does the Corporate Governance Maximise Shareholders’ Wealth? | ITV PLC | | | | | Introduction/Key Objectives The main purpose of this report is to find out whether Corporate Governance (CG) does maximise shareholders’ wealth within a selected company. ITV PLC is the selected company for this report; their Annual Report (AR) 2011 will be used for statistical evidence. Also, existing theories will be applied to ITV PLC for qualitative evidence. Recommendations and advice will be given...

    Audit, Balance sheet, Corporate governance 2122  Words | 7  Pages

  • corporate governance

    competitive advantages are incentives to innovate new products and packaging, strong distribution network, and especially the way it governances its corporation. These factors help the company to reach the first place in beverage industry and remain the leadership not only in local but also in the global market. This report will indicate the corporate governance framework of CCA by identifying and analyzing three features which engage local as well as global stakeholders in terms of social responsibility...

    Business ethics, Corporate governance, Corporate social responsibility 1994  Words | 8  Pages

  • Literature Review on Internal Audit

    significantly less confident with their audit coverage when dealing with risks in the areas of technology, fraud, and strategic or business risks. The 2007 study also found that internal audit groups reporting to the CFO organization devote more time to Sarbanes-Oxley compliance than groups that report directly to the audit committee or the CEO. According to the study, only 31 percent of internal audit functions reporting directly to the audit committee or the CEO devote more than 50 percent of their time...

    Auditing, Institute of Internal Auditors, Internal audit 1802  Words | 6  Pages

  • Corporate Governance

    FIN4507 – Corporate Governance and Corporate Accountability PART I (Term 1) Class tests - 10% Multiple choice test - 10% Coursework Assignment 1 – 30% Coursework Assignment 1: a) Write an essay on key theories that are widely discussed in the academic literature on corporate governance. Critically analyse the strengths and weaknesses of each theory. In your essay, you are expected to compare and contrast these theories and state which theory, in your opinion, best explains the governance...

    Accountability, Board of directors, Corporate governance 435  Words | 3  Pages

  • Causal Effect of Creative Accounting on Financial Reporting and Decision Making.

    OF CREATIVE ACCOUNTING ON FINANCIAL REPORTING AND DECISION MAKING. (A Survey of Selected Financial Institutions in Nigeria)-jetibensi@yahoo.com By: Jackson Etibensi A Concept Note Submitted to the University of Calabar, Graduate School as Prerequisite for Admission into MSc. Accounting, Faculty of Management Sciences. INTRODUCTION: Financial Statements provides information that is used by interested parties (users) to assess and appraise the performance and financial Status of managers and the...

    Enron, Financial statements 1066  Words | 4  Pages

  • Corporate Governance in Malaysia

    Discuss the evolution of Corporate Governance in Malaysia before the year 2000(Not more than 500 words) B. Challenges and changes in Corporate Governance since 2000(Not more than 700 words) C. Give an overview of Malaysian Corporate Governance Code 2012(CG Code 2012) (Not more than 300 words) D. Discuss in detail, the salient features of Principle 1,2, 6 and 7 of the Malaysian CG Code 2012(Not more than 1,000 words) 1. Discuss the evolution of Corporate Governance in Malaysia before the year...

    Board of directors, Corporate governance, Corporation 958  Words | 4  Pages

  • Corporate Financial Reporting: Its Roles in Capital Market

    In capital market, the financial reporting and corporate disclosure are important since ...

    Economics, Financial services, Financial statements 2228  Words | 6  Pages

  • Corporate Governance

    Prepare a memorandum to the board of directors of HMI outlining and supporting your recommended course of action for addressing the issues at the Mines 1 and 2. The memo should include the following: a) Identify the corporate governance issues at HMI's mines. * The issue: On one hand, the diverting power into provincial electrical grid has resulted in an overlook for its own operations. On the other hand, a significant portion of these earnings is going into executive bonus pool for distribution...

    Board of directors, Corporate governance, Corporation 572  Words | 3  Pages

  • The Role of Forensic Accountants in Corporate Governance

    ACCOUNTANTS IN CORPORATE GOVERNANCE Corporate governance is defined as the formal mechanism of direction, supervision and control put in place within a company in order to monitor the decisions and actions of its senior managers and ensure these are compatible and consistent with the specific interest of shareholders and the various other interests of shareholders who contribute to the operations of the company. Forensic Accountants are experienced investigators of legal and financial documents that...

    Accountancy, Accountant, Balance sheet 1096  Words | 5  Pages

  • The Impact Of Information Technology To

    sophisticated, and informed, high quality of services are expected from the consumers nowadays. Information technology has made a great change to the world for the past decades, according to Bharati, P. and D. Berg (2003), information system(IS) has made major contribution to the service sector by improving the quality of service. Consequently, one of the primary reasons organizations are investing in information system as IS has substantially improved service sector performance. Investment in automation...

    Customer, Customer service, Internet 1340  Words | 5  Pages

  • Significance of Financial Reporting

    ¡¥Significance of Financial Reporting¡¦ -An Essay Student No. : S00042472 Student Name : Janak Patel The Collapse of the Corporate Giants like Enron and WorldCom have raised the imminent question, which always remains in the back of an investor¡¦s mind, ¡§Can I trust my hard earned Capital in somebody else¡¦s hand ?¡¨ This is not the first time that investors have lost their trust in companies however the fact does not change that the cost of capital from the market has increased significantly...

    Annual report, Balance sheet, Corporate governance 1694  Words | 5  Pages

  • Corporate Governance

    Corporate Governance Take-Home Exam Compare Turkish Corporate Governance system with the systems in USA, Japan and EU. 1. Who is in charge? 2. Board structure, independence of members of the board, board committees 3. Board and executive remunerations 4. Shareholders rights and ownership rights 5. Related party transactions 6. Ownership structures The OECD sets general principles about corporate governance; nevertheless, in different companies corporate governance is not handled in the precisely...

    Board of directors, Corporate governance, Corporation 1964  Words | 6  Pages

  • Impact of Information Technology on the Bank Performance

    BACKGROUND OF THE STUDY Information for the modern organization is a resources paralled in importance to land, labour and capital. It is very vital and a prices less resources. For centuries, man has tried to collate, store, process and retrieve information and most importantly distribute or communicate it by the available fast test mean. It follows, therefore that man has tried various ways and methods to record and disseminate information in his attempts to proffer solution to competing...

    21st century, Bank, Financial services 1180  Words | 4  Pages

  • Mcbride: Transparency in Corporate Governance

    McBride Transparency in Corporate Governance MMPBL/570 May 7, 2012 Thomas Kershaw McBride: Transparency In Corporate Governance Many recent corporate governance scandals have caused government to implement a number or regulatory modifications. One factor in relation to these changes is improved disclosure requirements. An example, Sarbanes-Oxley (SOX), created because of Enron, WorldCom, and additional public governance malfunctions, with detailed reporting of off-balance sheet financing...

    Board of directors, Chief executive officer, Corporate governance 1570  Words | 5  Pages

  • Transparency Is Key Aspect of Corporate Governance

    The boards of directors are responsible for the governance of their companies so there has to be transparency in company reporting. Transparency is key aspect of corporate governance because of implementing corporate governance this will allow stakeholders and shareholders to review and evaluate performance of management and the company this ensures that the board of directors and the executive directors of corporations act in the best interest of shareholders and the corporations. It is implemented...

    Board of directors, Corporate governance, Corporation 1320  Words | 4  Pages

  • Balance Sheet and Financial Reporting Fraud

    Dickinson Technologies, Inc., and the subsequent findings, identified areas of strength and weakness within the organization. The degrees to which these strengths and weaknesses are present, ultimately determine the overall risk Dickinson faces. The findings of this questionnaire clearly point out that Dickinson Technologies, Inc. faces far more risk with respect to misappropriation of assets then it does of fraudulent financial reporting. The overall risk of fraudulent financial reporting Dickinson...

    Balance sheet, Control engineering, Control system 909  Words | 3  Pages

  • Corporate Governance in Ghana Against the Corporate Governance in the Us

    Corporate governance Corporate governance is one of the most effective tools to reduce the incidence of corruption, especially in the corporate sector. Corporate governance is concerned with process, systems, practices and procedures that govern institutions, the manner in which these rules and regulations are applied and followed, the relationships that those rules and regulations determine or create, and the nature of these relationships. Prempeh (2002) indicates that Sound Corporate Governance...

    Capital market, Corporate governance, Ghana 1811  Words | 6  Pages

  • Corporate Governance and Timeliness

    Working Paper May 2008 CORPORATE GOVERNANCE AND THE TIMELINESS OF FINANCIAL REPORTING: AN EMPIRICAL STUDY OF THE PEOPLE’S REPUBLIC OF CHINA Robert W. McGee, Florida International University Xiaoli Yuan, California State University, East Bay ABSTRACT Timeliness of financial reporting is one of the attributes of good corporate governance identified by the OECD and World Bank. Shareholders and other stakeholders need information while it is still fresh and the more time that passes between year-end...

    Annual report, Audit, Auditor's report 1949  Words | 6  Pages

  • Topic 3 Corporate governance 2015

    Corporate governance – Intended learning outcomes Students should be able to  Identify different forms of corporate governance  Evaluate the influence of organisational stakeholders on a firm’s purposes and performance  Conduct stakeholder mapping Exhibit 4.1 Influences on strategic purpose Corporate Governance Corporate governance refers to the influence and power of the stakeholders to control the strategic direction of the organisation (Lynch, p.362) The chain of corporate governance:...

    Corporate governance, Governance, Management 467  Words | 15  Pages

  • Economic Globalization and Corporate Governance

    Economic Globalization According to (Held and McGrew 1999: 2), the word Globalization means ¡§¡Ka widening, deepening and speeding up of worldwide interconnectedness in all aspects of contemporary social life, from the cultural to the criminal, the financial to the spiritual¡¨. Globalization is everywhere. From the economic aspect, the meaning is even hard to define. The main idea about Globalization is about connection. The connection exists between people and also between countries. Economic...

    Capitalism, Corporate governance, Corporation 2081  Words | 6  Pages

  • A Sound Financial Reporting System, Supported by High Quality Accounting Standards and Backed by a Solid Regulatory, Governance and Ethical Framework, Is a Pre-Requisite for Economic Development.

    sound financial reporting system, supported by high quality accounting standards and backed by a solid regulatory, governance and ethical framework, is a pre-requisite for economic development”. Accounting has been around since the beginning of civilization and played an important role in the development of cities, trade and the concepts of wealth. Nowadays, business is very complex and therefore there is an increased need for providing accurate and reliable financial information. Moreover...

    Business ethics, Corporate governance, Economics 2055  Words | 7  Pages

  • Technology in Hotels - Literature Review

    lagging behind the needs, not being able to offer the latest advances in technology. Now management has started to take note of the guest’s needs and is aware that technology is a very competitive advantage and is starting to adjust their strategies in consequence. Boutique hotels offering sci-fi levels of technology are starting to emerge and may be prefiguring the future of hospitality as a whole. I Introduction With technology advancing now faster than ever before, everyone needs and demands using...

    Boutique hotel, Hospitality industry, Hotel 2172  Words | 6  Pages

  • Impact of Ict on Accounting Practice in Nigeria

    The impact of ICT on accounting practice in Nigeria CHAPTER ONE Introduction 1.1    Background of the study             In the recent past centuries, before the inception of Information and Communications Technology (ICT), the accountants of an organization were using a socially acceptable behavioural method of reporting accounting and economic reports, carried out during accounting year ends, the preparation of accounting records, book such as the profit and loss account, the balance sheet...

    Accountancy, Accountant, Accounting software 1663  Words | 5  Pages

  • Information Technology Audit

    INFORMATION SYSTEMS AUDIT Introduction An information technology audit, or information systems audit, is an examination of the controls within an Information technology (IT) infrastructure. IT auditing is a branch of general auditing concerned with governance (control) of information and communications technologies (computers). IT auditors primarily study computer systems and networks from the point of view of examining the effectiveness of their technical and procedural controls to minimise risks...

    Audit, Auditing, COBIT 1293  Words | 5  Pages

  • Corporate Governance

    What is Corporate Governance? Corporate Governance is a generic concept, and in most cases it is defined by its objectives. Corporate Governance can be defined and analyzed by two terms. The first was introduced by the Organization of economic Corporation and Development (OECD 1999). OECD defined “Corporate Governance as a system in which business corporations are directed and controlled. The Corporate Governance structure specifies the distribution of rights and responsibilities among the...

    Board of directors, Corporate governance, Corporation 1940  Words | 6  Pages

  • Graphical Information in Annual Reports: a Literature Review

    Graphical Information in Annual Reports: A Literature Review Abstract The use of graphs in disclosing financial information in corporate annual reports represents a significant dimension of management’s disclosure strategy. This paper reviews previous research into financial graphs since the 1970s. The most commonly graphed financial variables are sales, profit, EPS and shareholders’ fund. Research evidence shows that graph use is contingent upon favourable performance. Prior studies also...

    Accountancy, Annual report, Balance sheet 716  Words | 3  Pages

  • corporate governance

    Corporate Governance The system of rules, practices and processes by which a company is directed and controlled. Corporate governance essentially involves balancing the interests of the many stakeholders in a company - these include its shareholders, management, customers, suppliers, financiers, government and the community. Since corporate governance also provides the framework for attaining a company's objectives. Corporate governance refers to the structures and processes for the direction...

    Accountability, Civil society, Corporate governance 928  Words | 4  Pages

  • Financial Reporting

    Financial Reporting University of Phoenix Nichol Gehrman ACC 544 Over the years, more emphasis has been put on the internal controls of companies. This is due to many large company scandals and the misleading information presented to investors. Now there are financial reporting options set in place that are required by all publicly traded companies. Financial reporting is necessary to communicate a company’s financial position to the public. The options can be evaluated under established...

    Audit, Auditing, COBIT 746  Words | 3  Pages

  • Literature Review on Corporate Culture

    Management Literature Review “During the 1980s the concept of corporate culture captured the imagination of management researchers and practitioners alike. In particular, Peters and Waterman’s (1982) book entitled In Search of Excellence: Lessons from America’s Best-Run Companies proclaimed that the key to corporate success was a strongly unified corporate culture.” Wilson (1996:87) Corporate culture has always been a part of every business since it was first introduced in the 1980’s. It doesn’t...

    Business, Business school, Change management 1872  Words | 6  Pages

  • The Impact of Corporate Governance on the Timeliness of Corporate Internet Reporting by Egyptian Listed Companies

    848 The impact of corporate governance on the timeliness of corporate internet reporting by Egyptian listed companies Amr Ezat and Ahmed El-Masry Plymouth Business School, Plymouth, UK Abstract Purpose – This study seeks to examine the key factors that affect the timeliness of corporate internet reporting (CIR) by the Egyptian listed corporations on the Cairo and Alexandria Stock Exchange. Design/methodology/approach – The authors use firm characteristics and corporate governance variables...

    Board of directors, Corporate governance, Corporation 10145  Words | 31  Pages

  • A Sound Financial Reporting System

    A sound financial reporting system, supported by high quality accounting standards and backed by a solid regulatory, governance and ethical framework, is a pre-requisite for economic development”. Economic development is affected by many factors; some believe that a strong financial reporting system is one of them. Throughout the report this will analysed and discussed to come to a sound understanding whether it does and if so, how effective it really is. High quality accounting standards...

    Development economics, Economic growth, Economics 891  Words | 3  Pages

  • Corporate Governance and its Impact on Firm Risk

     Article Review No. 3 TOPIC: Corporate Governance and its Impact on Firm Risk SOURCE: Alam, A., Shah, S., (2013) Corporate Governance and its Impact on Firm Risk. International Journal of Economy, Management and Social Sciences, Vol 2, No 2, pp. 72-98. PURPOSE: The aim of this research is to investigate the relationship of corporate governance with firm risk. METHOD USED: In order to attain unbiased and consistent estimates, dynamic generalized method of moments (GMM) panel estimation...

    Board of directors, Corporate governance, Corporate title 661  Words | 2  Pages

  • Corporate Governance of Lehman Brothers

    The American regulatory model of corporate governance rests on the theory of self regulation as the most efficient means to achieve corporate self-control in the marketplace. However, that model fails to achieve regular compliance with baseline ethical and legal behaviours as evidenced by a century of repeated corporate debacles, the most recent being Lehman’s Brothers. Lehman’s Brothers Holdings Inc was a global financial services firm who provided services like investment banking, equity and fixed...

    Bank, Bear Stearns, Corporate finance 822  Words | 3  Pages

  • Analysis of Corporate Governance

    Analysis of Corporate Governance of BAJAJ AUTO LTD. Company Profile Bajaj Auto Limited is one of India’s premier two and three wheeler automobile manufacturing companies. It was founded in the year 1945. For the financial 2009-10, the company had sales of Rs. 12152.74 crores and net income of Rs. 1597.22 crores. It exports its two and three wheeler vehicles to more than 50 countries. The company as of 2010 accounts for 24.3% of the Indian motorcycle market. Corporate Governance practices...

    Bajaj Auto, Board of directors, Corporate governance 1532  Words | 5  Pages

  • Corporate Governance and Information Disclosure

    Chapter One Introduction 1.1 Corporate Governance: Corporate governance is a combination of corporate policies and best practices adopted by the corporate bodies to achieve its objectives in relation to their stakeholders. It is also the field of economics, which studies the many issues arising from the separation from ownership and control. The fundamental objective of corporate governance reforms is to enhance transparency and transparency enhances accountability. It is widely recognized that...

    Board of directors, Business ethics, Corporate governance 5754  Words | 19  Pages

  • Controls for Information Technology and Reporting Evaluation

    Controls for Information Technology and Reporting Evaluation Week 6 Controls for Information Technology Risk is a necessary undertaking for any business. Success in business is determined by effectively managing the risk. Effective risk management helps to protect the company from losses because of poor accounting practices and fraud. Good controls also protect company management from the liability when they certify the financial statements issued in the annual report because they are also...

    COBIT, Committee of Sponsoring Organizations of the Treadway Commission, Information systems 1636  Words | 5  Pages

  • Role of the External Auditor in Corporate Governance

    The Role of the External Auditor in Corporate Governance The external auditor has long played an important role in the corporate governance function. However, before we begin our analysis on how the external auditor plays this role and its importance, we must first examine the responsibilities and duties of such an auditor. Similarly, we need to clearly define what corporate governance is before we discuss in detail the role that auditors play in it. 1. Introduction 1.1 The External Auditor External...

    Accountant, Audit, Auditing 2653  Words | 7  Pages

  • Sound financial reporting is good for bringing confidence back to the corporate world.

     SOUND FINANCIAL REPORTING IS A GOOD THING FOR BRINGING CONFIDENCE BACK TO THE CORPORATE WORLD Submitted By: Ahmed Shafiul Huq 801414063 Principle of Accounting (EIB505) Section: B Executive Master of Business Administration Submitted To: Mr. Mohammad Rakib Uddin Bhuiyan Assistant Professor Department...

    Annual report, Corporate governance, Enron 3478  Words | 13  Pages

  • Financial Performance Review and Objective

    A STUDY ON FINANCIAL PERFORMANCE OF MATHRUBHUMI PRINTIONG & PUBLISHING COMPANY LIMITED, CALICUT COMPANY PROFILE Mathrubhumi is one of the front-runners among the Malayalam newspapers. The first copy of Mathrubhumi was published on 18th of March 1923K. P. Kesava Menon, the prominent freedom fighter, as Editor and K. Madhavan Nair as Managing Director of it.In the beginning, the paper was published a week and had just one edition from Kozhikode (Calicut).Now with fourteen editions, including...

    Balance sheet, Financial analysis, Financial ratio 1419  Words | 6  Pages

  • Riordan Corporate Compliance Plan

    Riordan Corporate Compliance Plan University of Phoenix Introduction Riordan Manufacturing was founded in 1991 with patent awards from processing polymers into strong plastic substrates (University of Phoenix, 2003). In Albany, Georgia, the organization’s first manufacturing plant saw growth through the production of plastic beverage containers in 1993. Today, Riordan Manufacturing has custom plastic parts produced in Pontiac, Michigan as well as plastic fan parts in Hangzhou, China....

    Business ethics, Corporate governance, Corporation 2043  Words | 7  Pages

  • Review of Literature

    Financial Restructuring and Its Impact On Corporate Performance In India CHAPTER – 2 LITERATURE REVIEW 21 Financial Restructuring and Its Impact On Corporate Performance In India LITERATURE REVIEW Finance is the life blood of business. A unit may fall sick because of a major lubricant i.e., finance. There are various mechanisms available to a firm for revival. Financial Restructuring is a favoured mechanism for firms in red. Does financial restructuring help in improving the financial...

    Bank, Bankruptcy, Debt restructuring 1742  Words | 7  Pages

  • Literature Review

    especially after a special issue published in IJOPM in 2001. Summary of different selective articles are included. Finally, future perspective of research directions complete this article. Every organisations nowadays are concerned in managing Corporate Social Responsibility (CSR) and Sustainability as an essential matter of their operations management (OM). The demand to address sustainability in OM is driven by climate change and environmental issues, the workers well-being and communities, and...

    Ecological economics, Economy, Management 852  Words | 2  Pages

  • Corporate Governance Assignment

    Define Corporate Governance The extent to which businesses are socially responsible for meeting legal, ethical and economic responsibilities placed on them by shareholders. The aim is for businesses to create higher standards of living and quality of life in the communities in which they operate, while still preserving profitability for stakeholders. Corporate Governance Principles Contemporary discussions of corporate governance tend to refer to principles raised in three documents released...

    Board of directors, Corporate governance, Corporate title 1031  Words | 4  Pages

  • corporate governance

    CORPORATE GOVERNANCE We can attribute societies demand for improved corporate governance on the number of recent financial scandals that have occurred in both the United States and abroad in the past decade. For many organizations, the way to rebuild shareholder confidence was to implement a fundamental framework of procedures that would ensure scandals like Enron, WorldCom and Tyco would not occur in the future. It is precisely these scandals that made corporate governance the focus of organizations...

    Audit, Auditing, Corporate governance 1244  Words | 4  Pages

  • governance

    Corporate governance broadly refers to the mechanisms, processes and relations by which corporations are controlled and directed.[1] Governance structures identify the distribution of rights and responsibilities among different participants in the corporation (such as the board of directors, managers, shareholders, creditors, auditors, regulators, and otherstakeholders) and includes the rules and procedures for making decisions in corporate affairs. Corporate governance includes the processes through...

    Board of directors, Business, Corporate governance 735  Words | 2  Pages

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