The issue of corporate governance is very important and directly affects the efficiency of the entity's operation, the relationships between the recruiters employed at various levels of the organization and indirectly also on the relations between business entities and contractors and clients. Corporate governance is therefore particularly important in terms of the long-term development of an economic entity, also in terms of its successes in the competitive game and the holding of specific positions and shares in the markets of the sold product or service offer.
In my opinion, most parameters in the area of corporate governance research in enterprises, companies, corporations and financial institutions are the same but not all. The same are those that relate to the issues of analogous models used, concepts of managing the entire organization, personnel management, offer, marketing, innovation, relations with contractors, shareholders, clients, etc. In contrast, differences arise in terms of specific differences regarding accounting, specificity business activity, risk analysis, prudential procedures used, IT technologies that support the operation of individual departments and departments, the specificity of the work positions of the staff employed, etc.
I invite you to the discussion
Dariusz Prokopowicz , In my opinion, the determinants of effectiveness of code of governance are to extent company/enterprise specific...However, the difference exists because of varying nature of ownership and control. e,g in conglomerates, or pyramidal business groups the ownership and control structure is different from a single firm.... The underlying difference in nature and type of control will offer unique solutions or rise new issues of governance....
The management board is responsible for the implementation and development of the controlling system, while the supervisory board has to review the effectiveness.
Source - https://www.omicsonline.org/open-access/improving-corporate-governance-quality-through-modern-controlling-integrated-reporting-in-the-german-two-tier-system-2151-6219-5-e103.php?aid=23231
Dariusz Prokopowicz , In my opinion, the determinants of effectiveness of code of governance are to extent company/enterprise specific...However, the difference exists because of varying nature of ownership and control. e,g in conglomerates, or pyramidal business groups the ownership and control structure is different from a single firm.... The underlying difference in nature and type of control will offer unique solutions or rise new issues of governance....
I am disagreed with your point of view that the firm's accounting and IT practices has impact on the effectiveness of code of corporate governance ....
The underpinning theories which explain the effectiveness of code of corporate governance are agency theory, stakeholder theory, and resource dependence theory.....Following them we can explore the said issue
Dear Friends and Colleagues of RG
The issue of corporate governance is very important and directly affects the efficiency of the entity's operation, the relationships between the recruiters employed at various levels of the organization and indirectly also on the relations between business entities and contractors and clients. Corporate governance is therefore particularly important in terms of the long-term development of an economic entity, also in terms of its successes in the competitive game and the holding of specific positions and shares in the markets of the sold product or service offer.
In my opinion, most parameters in the area of corporate governance research in enterprises, companies, corporations and financial institutions are the same but not all. The same are those that relate to the issues of analogous models used, concepts of managing the entire organization, personnel management, offer, marketing, innovation, relations with contractors, shareholders, clients, etc. In contrast, differences arise in terms of specific differences regarding accounting, specificity business activity, risk analysis, prudential procedures used, IT technologies that support the operation of individual departments and departments, the specificity of the work positions of the staff employed, etc.
Do you agree with me on the above matter?
Please reply
I invite you to the discussion
Best wishes
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