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Corporate boards play a central role in corporate governance and therefore are regulated in the corporate law and corporate governance codes of all industrialized countries. Yet while there is a common core of rules on the boards, considerable differences remain, not only in detail, but...
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Previous studies show mixed evidence of the role of banking expertise on the board of directors on accounting … life-time working history in banks of all individual directors on the board. We find that accounting conservatism is … pronounced impact on accounting conservatism when firms have high bankruptcy risk and when firms have high financial leverage …
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Even though there are many measures to put corporate governance (CG) in place and practise, an important tool essential for the success is the efficacy and effective functioning of an audit committee (AC). Nowadays, an AC is being looked upon as a distinct culture for CG and has received...
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