AUDIT COMMITTEES IN THE GREEK BANKING INSTITUTIONS: A QUALITATIVE INVESTIGATION OF EFFECTIVENESS

Corporate Board: Role, Duties & Composition

Andreas G. Koutoupis¹ 

关键词: Audit Committees;    Bank of Greece;    Corporate Governance;    Effectiveness;    Greek Banking Institutions;    Internal Audit;    Internal Controls;   

DOI  :  10.22495/cbv7i2art3

学科分类：社会科学、人文和艺术（综合）

来源: Virtus Interpress

【 摘 要 】

In order to obtain access to well-developed financial markets, Greek banks need to win and maintain investors’ confidence, not only in a symbolic and rules-based approach (complying as closely as possible with international best practices and regulations), but pursue a principlesbased approach in order to achieve the desired goal of effective audit committee. The question that this paper seeks to answer is: “What are the key drivers for an effective audit committee in countries where audit committees are relatively new?” The overall aim of this research is to identify the main drivers which may contribute to the effectiveness of audit committees and provide a framework for their successful operation in the Greek banking institutions.

【 授权许可】

CC BY-NC