Review of Audit Committee Development in the Republic of Croatia (CROSBI ID 707384)
Prilog sa skupa u zborniku | stručni rad
Podaci o odgovornosti
Filipović, Ivica ; Šušak, Toni
engleski
Review of Audit Committee Development in the Republic of Croatia
Audit committee has long been a part of corporate structures in large companies worldwide. Despite often being the subject of strong criticism (especially in times of major accounting scandals), it has become an indispensable internal oversight mechanism of contemporary corporations. Unlike the situation globally, its appearance in the Republic of Croatia is of recent date and has been related to the strengthening of corporate governance mechanisms in the last decade and a half, with the aim of gaining a greater level of stakeholders’ confidence (especially regarding investors and lenders). Given that the strengthening of corporate governance through non- binding recommendations incorporated in corporate governance codes (“soft law”) in underdeveloped capital markets does not generally achieve desired effects at the speed characteristic for statutory provisions, in this paper particular emphasis is placed on the legislative activities taken in order to improve position of the audit committee from its introduction until today and the effects of legal interventions on its acceptance in business practice.
Audit Act ; audit committee ; corporate governance code ; Croatia
nije evidentirano
nije evidentirano
nije evidentirano
nije evidentirano
nije evidentirano
nije evidentirano
Podaci o prilogu
404-409.
2020.
objavljeno
Podaci o matičnoj publikaciji
CIET 2020
Kovačević, Tonko ; Akrap, Ivan
Split:
978-953-7220-52-5
Podaci o skupu
4th Contemporary Issues In Economy & Technology (CIET 2020)
predavanje
29.05.2020-29.05.2020
Split, Hrvatska