Corporate governance features, Financial Management

Corporate Governance features

Corporate compliance:

The BOD should make sure that corporation obeys with all related laws, governance practices, regulations, accounting and auditing standards.

Corporate Communication:

The BOD must ensure that corporation corresponds with all its stakeholders successfully.

Accountability to Members:

The BOD must serve lawfully all members and account to them fully.

Responsibility to stakeholders:

The BOD must recognize the firm’s internal and external stakeholders and concur on a policy (ies) determining how the firm must associate to and with them, rising wealth, jobs and sustainability of a financially sound corporation whereas ensuring that the rights of the stakeholders are appreciated, acknowledged and protected.

Posted Date: 12/8/2012 7:09:06 AM | Location : United States







Related Discussions:- Corporate governance features, Assignment Help, Ask Question on Corporate governance features, Get Answer, Expert's Help, Corporate governance features Discussions

Write discussion on Corporate governance features
Your posts are moderated
Related Questions
Q. Describe the Functions of Controller? (1) Planning and budgeting: - It comprises capital expenditure planning, profit planning, budgeting, inventory control, sales forecasti

Reference Index Every FRN chooses its own reference index upon which the calculation of each successive new coupon is based. The most commonly used reference index is LIBOR. It

Q. Explain Compound Value Concept? The Compound Value Concept is used to find out the FV of present money. It is the same as the concept of compound interest, wherein the inter

Add or Drop Analysis Lakespring Retirement Village is home to senior citizens who are fairly independent but need assistance with basic health care and occasional meals. Jill Thomp

Scenario: Brands and businesses in just about every industry are in a state of war with their competitors through promotions and marketing strategies. Majority of renowned brands

Margin Trading: Suppose an investor wants to buy 100 Reliance Energy shares, whose market price is Rs.500. This transaction requires Rs.50,000 but the investor has only Rs.30,0

Borrowing Funds to Purchase Bonds There are several sources available to borrow funds. When securities are purchased with borrowed funds then the mo

The Nu-Nu Brothers Inc. (NNBI) has the following capital structure, which it considers to be optional: Debt 25% Preferred Stock 15% Common Equity 60% NNBI''''s expected net income

the procedures, techniques or strategies that could or should be implemented to reduce the likelihood of harm > actions that could be taken to eliminate the hazard or reduce the r

drow decision table of financee managment system