Corporate Governance And Accountability

Hardcover
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Author: Dan Bavly

ISBN-10: 1567202802

ISBN-13: 9781567202809

Category: Standard Accounting Practice

Dan Bavly takes a fresh look at how business is supervised and how that system can be improved. He begins by assessing the performance of the government regulator and suggests reasons for the failure to prevent many of the debacles of the recent past. New fiascoes often engender a spate of legislation, but the regulator remains the one who gets away—he is simply not accountable and does not shoulder the blame. Clearly, a new definition of regulator responsibility is required.\ Drawing on his...

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Examines the essential ways corporate governance can be improved. Booknews The author takes a fresh look at how business is supervised and how that system can be improved. Drawing on his years of company board and auditing experience, he analyzes why the average director cannot do his job, and he shows how a complete, but feasible, overhaul of the way company boards function can help to solve this problem. He also explores the profession of accounting and provides practical remedies for each specific flaw in the system. He argues for constant reassessment and to cut agencies of corporate governance back to human proportions. Annotation c. by Book News, Inc., Portland, Or.

ForewordPrefaceIntroduction11Why Accountability?72Regulators and Accountability193When Greed Overwhelms Good Governance354How Governance and Accountability Affect Corporate Growth515Disclosure as an Instrument of Regulation676What to Expect from the Director817What to Expect from the Board958A Realignment of Interests1159The Chief Executive13110Will Boards Change?14711The Future for Auditors16112What Role for the Big Five?18713The Rise of the Audit Committee199Selected Bibliography209Index211

\ BooknewsThe author takes a fresh look at how business is supervised and how that system can be improved. Drawing on his years of company board and auditing experience, he analyzes why the average director cannot do his job, and he shows how a complete, but feasible, overhaul of the way company boards function can help to solve this problem. He also explores the profession of accounting and provides practical remedies for each specific flaw in the system. He argues for constant reassessment and to cut agencies of corporate governance back to human proportions. Annotation c. by Book News, Inc., Portland, Or.\ \