The International Corporate Governance System [electronic resource] : Audit Roles and Board Oversight /
Lessambo, F.author.
This book provides a comprehensive approach to Corporate Governance, Audit Process and Risk Management. Furthermore, it provides an analytical and comprehensive approach of the issues facing governance directors, internal and external auditors, risk managers, and public officials conducting assessments based upon the Report on Standards and Codes.
Description based upon print version of record.
Cover; Half-Title; Title; Copyright; Contents; List of Illustrations; Preface; Acknowledgments; List of Abbreviations; List of Cited Cases; Disclaimer; Part I Comparative Corporate Governance; 1 Corporate Governance Framework; 1.1 General; 1.2 The legal framework; 1.3 The political framework; 1.4 The economic framework; 1.5 Corporate governance structure; 1.5.1 The concentrated corporate governance structure; 1.5.2 The diluted corporate governance structure; 1.6 Corporate governance core principles; 1.6.1 Fairness; 1.6.2 Accountability; 1.6.3 Responsibility; 1.6.4 Transparency
1.7 The irony of corporate governance1.8 The shortness of the Anglo-Saxon corporate governance model; 1.9 Toward a network corporate governance model; 2 The OECD Corporate Governance Principles; 2.1 General; 2.2 The OECD core principles; 2.2.1 The six OECD principles on corporate governance; 2.2.2 The inefficiency of the six OECD principles; 2.3 The future of the OECD guidelines; 2.3.1 Partnership structure; 2.3.2 Family businesses; 2.4 Conclusion; 3 The IMF Corporate Governance; 3.1 General; 3.2 Current organizational structure of the IMF; 3.2.1 The executive board
3.2.2 The board of governors3.2.3 The international monetary and financial committee; 3.2.4 The management; 3.2.5 The Joint IMF-World Bank Development Committee; 3.2.6 The Independent Evaluation Office; 3.2.7 Inadequacy of the IMF governance; 3.3 Reforming the IMF corporate governance; 3.3.1 An open and meritocratic process for leadership position; 3.3.2 A review of the quotas at the IMF; 3.3.2.1 Subscription; 3.3.2.2 Voting power; 3.3.2.3 Access to financing; 3.3.3 An expansion of double majority systems of decision making; 3.4 The IMF goals; 3.5 The key functions of the IMF
3.5.1 Surveillance3.5.2 Financing; 3.5.3 Technical assistance; 3.6 Categories of IMF lending; 3.6.1 Concessional loans; 3.6.2 Non-concessional loans; 3.7 The IMF corporate governance strategy; 3.8 Accountability, transparency at the IMF; 3.8.1 Accountability; 3.8.2 Transparency; 3.8.3 Performance criteria (PC); 3.8.4 Program reviews (PRs); 3.8.5 Prior actions (PAs); 3.8.6 Structural adjustments (SAs); 3.9 Conclusion; 3.9.1 Supplementary reading; 4 The World Bank and Corporate Governance; 4.1 General; 4.2 Organizational structure of the World Bank; 4.2.1 The Board of Governors
4.2.2 The Board of Directors4.2.3 The Office of the President; 4.2.4 The inadequacy of the World Bank governance; 4.3 The aims of the World Bank; 4.4 Reforming the World Bank governance structure; 4.4.1 Voting rights; 4.4.2 Representation to the executive board; 4.5 The World Bank assessment of member states; 4.6 Towards a World Bank for the twenty-first century; 4.6.1 The protection of the minorities; 4.6.2 The alteration of the voting rights; 4.6.3 The establishment of an independent OIE; 4.6.4 Changing the auditing process of the World Bank activities; 4.7 Conclusion
4.7.1 Supplementary reading
Includes bibliographical references and index.
This book provides a comprehensive approach to Corporate Governance, Audit Process and Risk Management. Furthermore, it provides an analytical and comprehensive approach of the issues facing governance directors, internal and external auditors, risk managers, and public officials conducting assessments based upon the Report on Standards and Codes.
Business enterprises—Finance.
Risk management.
Corporations—Finance.
Banks and banking.
Corporate governance.
Investment banking.
Securities.
Business Finance.
Risk Management.
Corporate Finance.
Banking.
Corporate Governance.
Investments and Securities.