The agency view of corporate governance requires effective monitors and gatekeepers to align the interests of the agent … gatekeepers and monitors. This paper suggests that conventional proposals to reform corporate governance through legislation … questions regarding the independence of boards of directors and external auditors. …

This paper reviews the tasks and design of audit committees, increasingly recommended as a way to strengthen financial … accountability and good central bank governance. It outlines the motivations for the establishment of audit committees in commercial … corporations and public sector entities, and explains how audit committees interact with other governance bodies within a central …