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Pharmaceuticals Essay

696 words - 3 pages

Corporate governance and chart of best practice  Presentation of the result of study

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Definition :

« Corporate governance involves a set of relationships between a company’s management, its board, its shareholders and other stakeholders. Corporate governance also provides the structure through which the objectives of the company are set, and the means of attaining those objectives and monitoring performance are determined. » OCDE - 2004

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Garantee transparency and timely and accurate disclosure on all material matters regarding the corporation

Ensure the board’s accountability to the company and the shareholders

Role of corporate governance

Protect ...view middle of the document...

ALBANIA TUNISIA MOROCCO TURKEY MALTA

31% 44%

UK KOSOVO ROMANIA PORTUGAL ITALIA FRANCE EGYPT

25%

ISRAEL BULGARIA BOSNA&HERZE SPAIN

Very important role

None

Existing but not significant role

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In only three country The statutory auditor has no specific responsability in informing the board/shareholders or a judicial organism in case...

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