内部会计控制相关的外文翻译
15页1、Disclosure on Internal Control SystemsAs a Substitute of Alternative Governance MechanismsSergio BerettaAccounting DepartmentBoccioni UniversityAccording to agency theory, various governance mechanisms reduce the agency problem between investors and management (Jensen and Heckling, 1976; Gillan, 2006). Traditionally, governance mechanisms have been identified as internal or external. Internal mechanisms include the board of directors, its role, structure and composition (Fama, 1980; Fama and Jen
2、sen, 1983), managerial share ownership (Jensen and Meckling, 1976) and incentives, the supervisory role played by large shareholders (Demsetz and Lehn, 1985), the internal control system (Bushman and Smith, 2001), bylaw and charter provisions (anti-takeover measures) and the use of debt financing (Jensen, 1993). External control is exerted by the market for corporate control (Grossman and Hart, 1980), the managerial labor market (Fama, 1980) and the product market (Hart, 1983).After the various
3、financial scandals that have shaken investors worldwide, corporate governance best practices have stressedin particular the key role played by the internal control system (ICS) in the governance of the firm. Internal control systems contribute to the protection of investors interests both by promoting and giving assurance on the reliability of financial reporting, and by addressing the boards attention on the timely identification, evaluation and management of risks that may compromise the attai
4、nment of corporate goals. These functions have been widely recognized by the most diffused frameworks for the design of ICS that have stated the centrality of internal control systems in providing reasonable assurance toinvestors regarding the achievement of objectives concerning the effectiveness and efficiency of operations, the reliability of financial reporting and the compliance with laws and regulations (COSO, 1992; 2004).Notwithstanding their relevance, investors cannot directly observe I
《内部会计控制相关的外文翻译》由会员鲁**分享,可在线阅读,更多相关《内部会计控制相关的外文翻译》请在金锄头文库上搜索。
20140831160043公共安全
课内阅读训练
区域销售代理合同样本通用版
五年级语文上学期古诗阅读与理解课后练习苏教版
放飞幻想演讲稿3篇
深圳牛津版九年级下课文带翻译
fff20051210160401_456688365
福师2017秋季《教育统计与测量评价》在线作业二-答案
【最新教材】八年级数学下册22.3特殊的平行四边形3矩形和菱形教案沪教版五四制
在2022年教师节表彰大会上的领导讲话
班主任如何开好家长会
金阳绿化工程监理规划
幼儿园小班社会活动:小手流血了
房管处职工队伍建设半年工作总结
初中英语1600个词组单词带中文打印版
幼儿园中班教案《小黄和小蓝》含反思(通用)
高等数学一考复试习大纲
注册测绘师考试《测绘管理与法律法规》考试模拟
电影幸福终点站的观后感
企业员工年度健身计划书
2022-11-18 7页
2023-03-16 7页
2023-10-09 8页
2023-01-14 21页
2022-08-27 16页
2023-09-14 3页
2024-01-26 10页
2023-02-21 3页
2023-05-07 13页
2024-01-29 6页