What are the advantages of the rule based approach to corporate governance?

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Posted by:
Moataz Elsabawy
13-February-2017

Accounting Auditing Financial Reporting

Question ajoutée par Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date de publication: 2016/03/11

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par Frank Mwansa , ACCOUNTING LECTURER , FREELANCER

Advantages

1 Companies do not have the choice of ignoring the rules

2 All companies are required to meet the same minimum standards of corporate governance.

3. Investors confidence in the stock market might be improved if all the stock market companies are required to comply with recognised corporate governance rules.

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What are the advantages of the rule based approach to corporate governance?

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