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Commitment at top key to governance.
Byline: Ploy Chitsomboon
Mar. 1--Building good corporate governance among listed companies depends on a strong commitment from executives, and cannot come simply from complying with forms and standards.
The Federation of Accounting Professions, which oversees local auditors and accountants, is drafting a new framework regarding internal controls to help corporate executives comply with accounting standards.
Addressing accounting problems in Thai businesses is not simply the job of independent auditors, but also company executives, said Kesree Narongdej, the president of the federation.
"The auditor is not a black sheep. We can't just be ...
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...pension money overnight. Corporate governance has recently received much...considered to be the most sweeping corporate governance regulation in the past 70 years. (Pinto,2006). Corporate governance is well established as a...
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- Magazine article from: The Reserve Bank of New Zealand Bulletin June 1, 2003 700+ words
Corporate governance is now a topic of considerable...number of themes relating to corporate governance, with particular emphasis on...system. Until fairly recently, corporate governance was not a topic that attracted...
- Corporate governance issues: United States and the European Union.
- Magazine article from: Houston Journal of International Law Shu-Acquaye, Florence March 22, 2007 700+ words
...INTRODUCTION While the exact definition of corporate governance should be specifically tailored...States and Europe is consistent: Corporate governance relates to some form of company...million, it is certainly a force in corporate governance to reckon with. (2) It is in...
