Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Air voice Oman is a recently established telecommunication company which was founded by Ms. Aadila. The company is managed by the board of directors elected

Air voice Oman is a recently established telecommunication company which was founded by Ms. Aadila. The company is managed by the board of directors elected by the shareholders. Corporate Governance is essential to mitigate the conflicting interests amongst stakeholders of the company. Corporate governance includes the processes through which corporations' objectives are set and pursued in the context of the social, regulatory and market environment. These include monitoring the actions, policies, practices, and decisions of corporations, their agents, and affected stakeholders. It relates to the internal means by which corporations are operated and controlled. All the companies are required to adhere to the principles of corporate governance codes. Suggest and explain the principles of corporate governance issued by OECD that should be followed by Air voice Oman with appropriate examples. (10 Marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

I Love My Awesome Auditor

Authors: Lovely Hearts Publishing

1st Edition

1794298169, 978-1794298163

More Books

Students also viewed these Accounting questions