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Volume :37 Issue : 141 2011      Add To Cart                                                                    Download

Management in the Presence of Corporate Governance in Kuwaiti Banks

Auther : Dr. Mohammad K. Abu-Amsha

     In General, representatives of different interest groups are responsible for corporate governance operations. The main objectives are to supervise and manage different risks, insure adequate availability of control tools that are capable of minimizing risk and achieving the predetermined objectives. The question raised by this study is which parties are responsible for risk management according to corporate governance? The answer for this question will stem from analyzing the responsibilities of board of directors, auditing committee, internal control, and external control.

     The results show the important role of each party in managing risk but with different degree of commitment. To integrate their efforts, this research recommends the need for adapting the international auditing standards, the amendments of related legislation and intensified set of  training and development revolving around the roles of the board of directors.

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May 18, 2017

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