The analysis of corporate governance report

May 29th, 2015
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Abilene Christian University
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The said manual shall be available for inspection by any stockholder of the corporation at reasonable hours on business days. The Chairman of the Board shall be specifically tasked with the responsibility of ensuring adherence to the corporate governance code and practices.

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Corporate GovernanceQ. Discuss the nature of corporate governance in emerging economies likeIndiaORWhat is corporate governance? Briefly describe the internal and external governance mechanisms used in modern corporationsCorporate governanceis "the system by which companies are directed and controlled".It involves regulatory and market mechanisms, and the roles and relationships between a companys management, its board, its shareholders and otherstakeholders, and the goals for which the corporation is governedMechanisms and controls/Types of Corporate GovernanceCorporate governance mechanisms and controls are designed to reduce the inefficiencies that arise frommoral hazardandadverse selection. For example, to monitor managers' behavior, an independent third party (theexternal auditor) attests the accuracy of information provided by management to investors. An ideal control system should regulate both motivation and ability Internal corporate governance controlsInternal corporate governance controls monitor activities and then take corrective action to accomplish organisational goals. Examples include:Monitoring by the board of directors: The board of

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