Corporate Compliance

Essay specific features

 

Issue:

Business

 

Written by:

Mark C

 

Date added:

July 3, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2014

 

Was viewed:

4020 times

 

Rating of current essay:

 
Essay content:

An internal control regulates preventive, detective and corrective purposes. In the recent years, scandals imposed requirements by federal, state and local governments to inflict laws, compliances, and acts to discourage unethical decision-making. This paper identifies policies, reporting practices, reviews, audits, cost of compliance and conflict of interest strategies that companies contend with to meet fiduciary obligations...
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As well as corporate governance defined as structure and the functioning of corporate policy- discrepancy between management and the shareholders in exercising control thus achieving the right balance between managerial discretion and small stakeholders’ protection. Consequently, firms develop an optimal balance considering other constituencies and stakeholders (creditors, employees, suppliers, clients, investors) of the firm (Murphy & Topyan, 2005)...
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