Corporate governance 2 points complies with a set of global standards is independent of both shareholder theory and stakeholder theory seeks to minimise and manage conflicting interests between insiders and external shareholders comprises of a set of government rules and regulations Mr Thanin determined that ANZ had an operating cycle of 100 days in 2010, 2 points whereas ABA had an operating cycle of 145 days for the same fiscal year. This means that: ABA s inventory turnover is less than that of ANZ ABA's inventory turnover is greater than that of ANZ ANZ's inventory turnover is less than that of ABA ANZ's inventory turnover is greater than that of ABA