英语翻译Taking financial disclosure,then,as the most important issue in corporate governance,it is necessary to inquire into both the incentives and resources of independent directors to prevent fraud and produce honest financial reports,and also
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英语翻译Taking financial disclosure,then,as the most important issue in corporate governance,it is necessary to inquire into both the incentives and resources of independent directors to prevent fraud and produce honest financial reports,and also
英语翻译
Taking financial disclosure,then,as the most important issue in corporate governance,it is necessary to inquire into both the incentives and resources of independent directors to prevent fraud and produce honest financial reports,and also to compare the incentives and resources of independent directors with those of inside or non-independent directors.
Incentives to foster accurate financial reporting.First,of course,in most circumstances independent directors have no incentive to endorse false accounting,and--all else being equal--have an affirmative incentive to see that financial reports are accurate.Indeed,independent directors,because of their potential liabilities,have a clear incentive to prevent the issuance of false or manipulated financial reports.But having said this,it is necessary to consider--in addition to incentives--whether independent directors have the information resources to discover fraud or manipulated financial reporting by management.Fraud,by definition,involves concealment and deception,and it is likely that the independent directors of a company are the first ones deceived by a dishonest management.It is important to note in this connection that inside and non-independent directors,while they may have greater incentives to permit inaccurate financial reporting,also have greater incentives to prevent it.After all,while an independent director might escape liability by showing ignorance of management's fraudulent intent,inside or non-independent directors will find it harder to make this exculpatory argument.
英语翻译Taking financial disclosure,then,as the most important issue in corporate governance,it is necessary to inquire into both the incentives and resources of independent directors to prevent fraud and produce honest financial reports,and also
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Taking financial disclosure,then,as the most important issue in corporate governance,it is necessary to inquire into both the incentives and resources of independent directors to prevent fraud and produce honest financial reports,and also to compare the incentives and resources of independent directors with those of inside or non-independent directors.
以财务状况披露,然后,作为最重要的公司治理,有必要探讨的积极性和资源都防止欺诈,独立董事生产诚实的财务报表,也比较独立董事激励和资源的诱致性制度内或董事.
Incentives to foster accurate financial reporting.First,of course,in most circumstances independent directors have no incentive to endorse false accounting,and--all else being equal--have an affirmative incentive to see that financial reports are accurate.Indeed,independent directors,because of their potential liabilities,have a clear incentive to prevent the issuance of false or manipulated financial reports.But having said this,it is necessary to consider--in addition to incentives--whether independent directors have the information resources to discover fraud or manipulated financial reporting by management.Fraud,by definition,involves concealment and deception,and it is likely that the independent directors of a company are the first ones deceived by a dishonest management.It is important to note in this connection that inside and non-independent directors,while they may have greater incentives to permit inaccurate financial reporting,also have greater incentives to prevent it.After all,while an independent director might escape liability by showing ignorance of management's fraudulent intent,inside or non-independent directors will find it harder to make this exculpatory argument.
鼓励培养精确的财务报告.首先,当然,在大多数情况下独立董事没有激励的认可虚假会计与——在其它条件相同的情况——一个肯定的激励看到财务报告是准确的.事实上,独立董事,因为它们的潜在负债,有明确的激励,以防止虚假或操纵的发行财务报告.但尽管如此,有必要考虑——除了——无论是独立董事激励的信息资源发现欺诈或操纵财务报告的管理.欺诈,根据定义,包括隐蔽和欺骗,很可能独立董事的公司是第一个被一个不诚实的管理.重要的是要注意在这方面你的内心的董事,诱致性制度创新,他们可能有更大的激励允许不准确的财务报告,也有更大的激励阻止它.毕竟,而独立董事可能逃避责任,通过展示无知的管理、室内或欺骗意图都比较困难的董事将诱致性制度创新,使这辩解的论点.
以财务状况披露,然后,作为最重要的公司治理,有必要探讨的积极性和资源都防止欺诈,独立董事生产诚实的财务报表,也比较独立董事激励和资源的诱致性制度内或董事。
鼓励培养精确的财务报告。首先,当然,在大多数情况下独立董事没有激励的认可虚假会计与——在其它条件相同的情况——一个肯定的激励看到财务报告是准确的。事实上,独立董事,因为它们的潜在负债,有明确的激励,以防止虚假或操纵的发行财务报告。但...
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以财务状况披露,然后,作为最重要的公司治理,有必要探讨的积极性和资源都防止欺诈,独立董事生产诚实的财务报表,也比较独立董事激励和资源的诱致性制度内或董事。
鼓励培养精确的财务报告。首先,当然,在大多数情况下独立董事没有激励的认可虚假会计与——在其它条件相同的情况——一个肯定的激励看到财务报告是准确的。事实上,独立董事,因为它们的潜在负债,有明确的激励,以防止虚假或操纵的发行财务报告。但尽管如此,有必要考虑——除了——无论是独立董事激励的信息资源发现欺诈或操纵财务报告的管理。欺诈,根据定义,包括隐蔽和欺骗,很可能独立董事的公司是第一个被一个不诚实的管理。重要的是要注意在这方面你的内心的董事,诱致性制度创新,他们可能有更大的激励允许不准确的财务报告,也有更大的激励阻止它。毕竟,而独立董事可能逃避责任,通过展示无知的管理、室内或欺骗意图都比较困难的董事将诱致性制度创新,使这辩解的论点。
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