How do rule based approach and principle based approach promote good corporate governance?

Question added by mandy kaulanda
Date Posted: 2017/10/17

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What are the advantages of the rule based approach to corporate governance?
Top Answer: Advantages 1 Companies do not have the choice of ignoring the rules 2 All companies are required to meet ... See More

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Define principle based approach and rule based approach?
Top Answer: In the principles system, companies follow the spirit of the “rule” or explain why it has not. This does ... See More

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As a professional accountant which ethical approach you would prefer to follow? Rules based or principles based?
Top Answer: principal based bcs its more suited to companies depending on thier size and circumstances See More

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What makes a corporate system more efficient, bunch of good managers or good corporate governance?
Top Answer: <p>I beleive good corporate governance is what makes a corporate system more efficient.</p> See More

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