ACCA《公司戰(zhàn)略與風(fēng)險(xiǎn)管理》知識(shí)點(diǎn):目的與目標(biāo)
Purpose & Objective
Why need Corporate Governance & develop a code?
Without monitoring
Company scandals:Fraud/Corruption/Misconduct
Leading:Poor performance & Bankruptcy
Poor Governance=Poor Performance
With Corporate Governance
↓Fraud/Corruption/Misconduct
↑Market & Investor confidence- attract more investor
↑Control Structure & Accountability of Management
Better Governance=Better performance→Maximize Shareholder Return