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Commentary: The strange world of audit committees
內容大綱
Fix the audit committee -- make it stronger and more independent -- and you'll fix what's wrong with corporate governance. Not so, says this highly expert governance consultant. Audit committees are a strange invention. They are supposed to provide the independence that their master-the full board-does not provide, but their accountability is often unclear. So, how did this peculiar state of affairs come to be? And what are the chances of real change?