The CPA Journal
The recent spate of corporate disasters almost defies understanding. Some of the largest and most respected companies in the country have imploded or have paid a huge penalty in the markets and the courts. Most of these companies are very actively traded and closely watched by rating agencies and securities analysts. The key to good corporate governance is a board and management committed to protecting and enhancing shareholder value and making sure that the key players in the organization are united to carry out this mandate. This white paper discuses few questions and issues that should be considered when gauging whether the key players are effective.