International Accounting
5th Edition
ISBN: 9781259747984
Author: Doupnik, Timothy S., Finn, Mark T., Gotti, Giorgio
Publisher: Mcgraw-hill Education,
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Question
Chapter 11, Problem 13EP
a.
To determine
Explain the basic features of the “comply or explain approach” of the corporate governance.
b.
To determine
Explain the reasons due to which the “comply or explain approach” is popular internationally.
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Chapter 11 Solutions
International Accounting
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Similar questions
- 2. Discuss the Botswana/ Maseru model of corporate governancearrow_forwardaccording to Dalls (2004) among the framework for understanding corporate governance mechanisms in countries is the informational infrastructure that include; accounting standards, structure of the accounting/auditing profession Answer:arrow_forwardDiscuss whether it would be desirable to have one model of corporate governance applicable to all countries?arrow_forward
- eek 2a) What is a social contract and how does it relate to organisational legitimacy? b) Explain two ways organisations can use corporate disclosure policy to maintain or regainorganisational legitimacy?arrow_forwardexplain’ model of corporate governance in U.K.?arrow_forwardHow governance can be used in the International Governance? Give appropriate examples.arrow_forward
- Reasons for the need for corporate governance codesarrow_forwardExplain in your own words two ways organisations can use corporate disclosure policy to maintain or regain organisational legitimacy. thank you in advancearrow_forwardGlobalization demands a single set of high-quality international accounting standards. Some elements: Select one: O a. Single set of high-quality accounting standards established by a single standard-setting body. O b. All the above O. Common disclosures. O d. Consistency in application and interpretation. e. Common high-quality auditing standards and practices.arrow_forward
- Explain in your own words two ways organisations can use corporate disclosure policy to maintain or regain organisational legitimacy. please expalain it clearlyarrow_forwardWhat are the advantages and disadvantages of a ‘comply or explain’ model of corporate governance?arrow_forwardWhich of the following statements about desirable attributes of accounting standards boards is most accurate? Accounting standards boards should: A . concede to political pressuresarrow_forward
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