"The role of external auditors in the corporate governance framework" Essays and Research Papers

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    Available online at www.sciencedirect.com Pacific-Basin Finance Journal 16 (2008) 236 – 251 www.elsevier.com/locate/pacfin The impact of corporate governance on corporate performance: Evidence from Japan ☆ Rob Bauer a ‚ Bart Frijns b‚c‚⁎‚ Rogér Otten a‚d ‚ Alireza Tourani-Rad c a b Limburg Institute of Financial Economics‚ Maastricht University‚ The Netherlands Nijmegen School of Management‚ Radboud University Nijmegen‚ The Netherlands c Department of Finance‚ Auckland University

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    * * THE ROLE OF GOVERNANCE IN LOCAL DEVELOPMENT * * * * * * * * * * * Instructor - Kidanemariam Menghistu Sebhat * 25th March 2013. THE ROLE OF GOVERNANCE IN LOCAL DEVELOPMENT Introduction: Since the end of the 1980s the issue of good governance has dominated the international discussion about development and international assistance to developing countries. It has been argued that good governance is an essential precondition

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    THE BENEFITS OF SARBANES-OXLEY AND CORPORATE GOVERNANCE MEASURED AGAINST THE COSTS Salim Motala A research project submitted to the Gordon Institute of Business Science‚ University of Pretoria‚ in partial fulfilment of the requirements for the degree of Master of Business Administration. 14 November 2007 ABSTRACT The Sarbanes-Oxley Act of 2002 (SOX) is the only legislated corporate governance structure‚ and is aimed at increasing investor confidence in public companies by forcing them

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    Corporate Governance in India: Disciplining the Dominant Shareholder Abstract The nascent debate on corporate governance in India has tended to draw heavily on the large Anglo-American literature on the subject. This paper argues however that the corporate governance problems in India are very different. The governance issue in the US or the UK is essentially that of disciplining the management who have ceased to be effectively accountable to the owners. The problem in the Indian corporate sector

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    The Auditor and Fraud

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    EXPLAIN THE RESPECTIVE ROLES AND RESPONSIBILITIES OF MANAGEMENT AND AUDITORS IN THE PREVENTION AND DETECTION OF FRAUD. The primary responsibility for fraud detection lies with management. This arises due to a contractual duty of care. Directors are able to discharge their duty toward prevention and detection of fraud and error in many ways‚ for example: * Complying with the Combined Code on Corporate Governance * Developing a code of conduct‚ monitoring compliance and taking action against

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    Corporate Social Responsibility Frameworks FRANCISCO L. ROMAN‚ DBA MARIE KRISTIN C. DE JESUS FACULTY‚ ASIAN INSTITUTE OF MANAGEMENT RESEARCH COORDINATOR‚ AIM RAMON V. DEL ROSARIO‚ SR. CENTER FOR CORPORATE SOCIAL RESPONSIBILITY JOAN KRISTINE E. CHUA RESEARCH AND ADMINISTRATIVE ASSOCIATE‚ ASIAN INSTITUE OF MANAGEMENT Working Paper 13 ― 013 THE AUTHORS Asian Institute of Management W.SyCip Graduate School of Business AIM Ramon V. del Rosario‚ Sr. Center for Corporate Social Responsibility

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    Insert name Insert name of the course supervisor Insert name of the course Insert date assignment is due Why Corporate Governance is an Important Ethical Issue As consumer movements grow stronger and stakeholders become more knowledgeable and aware of company operations‚ it has become necessary for corporations to come to grips with ethical issues in order to continue surviving in business. Consumers and stakeholders are becoming increasingly aware of the adverse effects of unethical

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    that a sustained ethical and holistic management regulation framework which possesses comprehensive checks and balances that safeguard the interest of all stakeholders be implemented‚ especially in quoted companies as the failings of the companies had far reaching consequences. Definition and Principles While there is no definition of corporate governance which is universally accepted‚ it was defined by OECD (2004) Principles of Corporate

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    Investment Lenders Government w w w .s tu d yi n te ra cti ve .o rg 2 CH AP TER 1 – I S S U ES I N COR POR ATE G OVER N AN CE w w w .s tu d yi n te ra cti ve .o rg 3 CH AP TER 1 – I S S U ES I N COR POR ATE G OVER N AN CE Corporate Governance Are the board effective? Are they making good decisions? Can we obtain assurance that they are? Are the board effective? Combined Code Board of Directors Chair CEO Execs Non-execs w w w .s tu d yi n te ra cti ve .o rg 4 CH

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    Removal of Auditor

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    Currently‚ an auditor may only resign if he is not the sole auditor of the company and his resignation must be made at a general meeting of the company. If an auditor gives notice in writing to the directors of the company that he wishes to resign‚ the directors shall call a general meeting of the company as soon as it is practicable. This is for the purposes of appointing an auditor in place of the auditor who wishes to resign and to appoint another auditor. The resignation of the auditor shall take

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