Naslov
Internal and External Mechanism in Corporate Governance

Autori
Tipurić, Darko ; Tušek, Boris ; Filipović, Davor

Izvornik
South East European Journal of Economics and Business (1840-118X) 4 (2009); 57-70

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
internal supervisory mechanism; external supervisory mechanism; external auditing; corporate governance

Sažetak
Good corporate governance depends on well balanced relations between supervisory mechanisms in the corporate governance process. Relations between the supervisory board, as the internal supervisory mechanism, and external auditing, as the external supervisory mechanism, are crucial for development of the good corporate governance practice. This paper focuses on analyzing the relationship between the supervisory board and external auditing in order to determine current state of that relationship in the Republic of Croatia and to determine possible guidelines for improving the relationship between the supervisory board and external auditing in practice. Besides that, this research analyses the relationship between the supervisory board and external auditing which could lead to maximum efficiency of both the supervisory board and external auditing and tests that relationship in practice of the Croatian publicly traded companies. Additionally, this research analyses the impact of the audit committee on the work efficiency of the supervisory board and external auditing.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA