Derivative Financial Markets Hearings Before the Subcommittee On Telecommunica
Derivative Financial Markets Hearings Before the Subcommittee On Telecommunica
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In our eReader you can find the full English version of the book. Read Derivative Financial Markets Hearings Before the Subcommittee On Telecommunica Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Derivative Financial Markets Hearings Before the Subcommittee On Telecommunica
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In response the American Stock Exchange adopted its requirement that listed companies have audit committees with at least a majority of independent directors.
204 14 I support the Commission's policies on this issue. Audit committees are key corporate governance mechanisms and, like all corporate governance standards depend on the character, integrity, and diligence of those involved. The training and experience of the committee members are basic factors in establishing an effective audit commi...ttee. " In this regard, it may be difficult, if not impossible, for some small, local, or regional companies to find qualified individuals who are willing to participate on their committees. Additional SEC regulations likely would not alleviate this problem and probably would not result in significant new disclosures. Such regulations, however, may remove some of the flexibility available in the SROs' requirements and may impose costs that could be significant for smaller companies. Therefore, I am not prepared to endorse a federally imposed mandate governing the composition of audit committees for all public companies.
What to read after Derivative Financial Markets Hearings Before the Subcommittee On Telecommunica?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress House Committee On Energ to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
In response the American Stock Exchange adopted its requirement that listed companies have audit committees with at least a majority of independent directors.
204 14 I support the Commission's policies on this issue. Audit committees are key corporate governance mechanisms and, like all corporate governance standards depend on the character, integrity, and diligence of those involved. The training and experience of the committee members are basic factors in establishing an effective audit commi...ttee. " In this regard, it may be difficult, if not impossible, for some small, local, or regional companies to find qualified individuals who are willing to participate on their committees. Additional SEC regulations likely would not alleviate this problem and probably would not result in significant new disclosures. Such regulations, however, may remove some of the flexibility available in the SROs' requirements and may impose costs that could be significant for smaller companies. Therefore, I am not prepared to endorse a federally imposed mandate governing the composition of audit committees for all public companies.
What to read after Derivative Financial Markets Hearings Before the Subcommittee On Telecommunica?
You can find similar books in the "Read Also" column, or choose other free books by United States Congress House Committee On Energ to read onlineMoreLess
Read book Derivative Financial Markets Hearings Before the Subcommittee On Telecommunica for free
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