Question
The accounting management
Question
1) Read from the Reckitt Benckiser Plc websites , their corporate governance report and list key disclosure. ( each listed out , determine which is the Principles based or Rules based) . Select any three and explain why you consider them to be important.
2) Discuss in groups, Reckitt Benckiser substainability efforts. Do you think such disclosure are meaningful? Why or why not ?
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Board Principles of corporate governance ( Keys disclosure )
· Leadership
· Effectiveness
· Accountability
· Remuneration
· Relation with shareholder
Principle based versus Rule based corporate governance
· Rules based
- Legislation
- Punishment for non compliance
· Principle based
- Guidance
- Best practice
- Comply or Explain