Corporagte Governance

In: Business and Management

Submitted By johnnylow304
Words 276
Pages 2
In the article ´Integration governance, risk and compliance – why and how´, McGee (2011) explains the issue of Corporate Governance and Risk Management, how significant a well accomplished risk management can be as well how essential a structured framework is. In first part he gives an exemplification of Corporate Governance. Additionally, McGee (2011) agrees how an operational framework should look like. In addition to that, he shows how necessary it is to have a well structured and defined risk management, by finding the correct `risk appetite´ for each enterprise.
The article is relevant to the report question, which examines the topic Corporate Governance including with the ASX Corporate Governance Principles and Recommendations. McGee (2011) highlights how essential it is, to have a well structured operational framework, which absolutely needs to be accepted from Managers as well as the employees. If this doesn’t happen, in the worst case the whole enterprise could fail. Furthermore, McGee (2011) explains, why it is significant to calculate the right level of risk. If it´s not possible to set up a simple sympathy of risk, a firm will be not able to use it´s entire power.
In addition to that, the author bases the article on his own assessment. McGee (2011) explains, by an easy way to understand the article, his arguments. It looks like, that he article is objective written in his point of view. But it´s hard to prove that, because as the sources, which are communicated at the end of the article, are not enough to prove it.
McGee, Peter 2011, ´Integration governance, risk and compliance – why and how´, Keeping good companies, April 2011, p.…...

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