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Corporate Compliance
Essay specific features
Written by:
Mark C
Date added:
July 3, 2014
Level:
University
Grade:
A
No of pages / words:
8 / 2014
Was viewed:
4024 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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