»WHILE THE ACCOUNTABILITY MECHANISMS OF PUBLICLY LISTED COMPANIES RESEMBLE THOSE OF DEMOCRATICALLY ELECTED GOVERNMENTS, IN PRACTICE, THESE MECHANISMS ARE OFTEN LARGELY INEFFECTIVE.«
Introduction 3
The Concept of Accountability 4 Governance and its Relationship to Accountability 5 Publicly listed companies and accountability 6 Accountability with regards to various participants 9 The Challenges of Technology 11 Conclusion 12
Bibliography 14
Introduction The governance and accountability of the corporate world has been a significant focus for many since the economy fell apart during the 2007 financial crisis. Prior to this event, there was a lot of public trust in corporate structures; however, after the financial crisis, ...
