Accounting and Finance Speech or Presentation Example | Topics and Well Written Essays - 3500 words

Accounting and pay - Speech or Presentation ExampleWith the increasing globalisation when every country can be seen as an chance for the investors the lack of understanding of beliefive corporate governance can adversely effect the investment intentions of investors.Nowadays corporate governance is seen as the key of attracting investors. Capital flow seems directed towards the companies, which practice attractive and transparent ways of governing their organisations. With the changing global business scenario the need of understanding and effective set of fair and technologically advance corporate governance has also increased. In my speech I leave behind first explain the notion of corporal Governance then we will have a legal brief overview of the development of corporate governance codes in the UK and the adaptation of similar codes in the EU.ICAEW (2002) has explained corporate governance in a very effective and comprehensive manner as Corporate governance is commonly re ferred to as a system by which organisations are directed and controlled. It is the process by which company objectives are established, achieved and monitored. Corporate governance is concerned with the relationships and responsibilities between the board, management, shareholders and other relevant stakeholders within a legal and regulatory framework.thither are no hard and fast rules for corporate governance, which can be prescribed for all the countries. ... office of the board to shareholders who have the right to receive information on the financial stewardship of their investment and exercise spring to reward or remove the directors entrusted to run the company. Transparency of clear information with which meaningful analysis of a company and its actions can be made. The disclosure of financial and operational information and internal processes of management concern and control enable outsiders to understand the organisation. Fairness that all shareholders are treated equa lly and have the opportunity for redress for violation of their rights. According to Meigs et al. (1999) this information meets the needs of users of the information-investors. Creditors, managers, and so on-and support many kinds of financial closing performance evaluation and capital allocation, among others. (P.07)Owen (2001) traces the history of the structure of the British financial system that was shaped by the form which industrialisation took in the 18th and 19th centuries.Following legislative changes in mid-century - principally the formulate StockCompanies Act of 1844 and the Limited Liability Act of 1855 - a growing number ofIndustrial firms born-again themselves from partnerships into limited companies. Some of them remained private, while others chose to have their shares listed, either on one of the provincial stock exchanges or in London. Since than till the decade of decade of 1980s, there was no specific development in the content of Corporate Governance in UK . Tricker (1984) mentioned the same fact as, In the past there seemed a, no demand for independent supervision or disclosure, no intervention in matters