Corporate Environmental Management: A Study with Reference

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Language: English

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To strengthen accountability and to build confidence among stakeholders is important. The law required, along with many other elements, that: The Public Company Accounting Oversight Board (PCAOB) be established to regulate the auditing profession, which had been self-regulated prior to the law. It may also come about when a company is without a CEO for a long period of time. Warren Buffett wrote in 2014: "In my service on the boards of nineteen public companies, however, I’ve seen how hard it is to replace a mediocre CEO if that person is also Chairman. (The deed usually gets done, but almost always very late.)" [73] Advocates argue that empirical studies do not indicate that separation of the roles improves stock market performance and that it should be up to shareholders to determine what corporate governance model is appropriate for the firm. [74] In 2004, 73.4% of U.

Pages: 156

Publisher: PHI (November 23, 2009)


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