Global Markets, Governance and Internal Control Systems
Author(s) -
Paolo Bastia
Publication year - 2008
Publication title -
symphonya emerging issues in management
Language(s) - English
Resource type - Journals
eISSN - 1593-0319
pISSN - 1593-0300
DOI - 10.4468/2008.1.03bastia
Subject(s) - control (management) , internal control , competition (biology) , corporate governance , perspective (graphical) , business , globalization , balance (ability) , face (sociological concept) , industrial organization , economic system , accounting , economics , market economy , finance , management , computer science , biology , medicine , ecology , social science , artificial intelligence , sociology , physical medicine and rehabilitation
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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