The Role of Audit Committee in Corporate Governance

  title={The Role of Audit Committee in Corporate Governance},
  author={Boris Tu{\vs}ek and Sanja Sever and Ana Olui{\'c}},
In both the continental system of corporate governance, characterized by a two-tier management structure (Supervisory Board and Management Board), and the Anglo-American corporate governance system, where the roles of the Management Board and the Supervisory Board are integrated in a single Board of Directors with executive and non-executive directors, the audit committee is one of the specialized subcommittees to which relevant supervisory functions are delegated. In continental corporate… CONTINUE READING