Global Markets, Governance and Internal Control Systems
DOI:
https://doi.org/10.4468/2008.1.03bastiaKeywords:
Market-Driven Management, Global Markets, Global Competition, Governance, Internal Control, Internal Control SystemsAbstract
The global competition sees for effective internal control systems ability to face risks and to pursue business performances with a correct balance between economic and financial conditions in the long term.
Management of the complexity following globalization increases the need of adequate internal control systems.
From a more evolved perspective, the responsibility for adequate internal control systems is associated with the top of the organization.
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