The cost of complying with the new corporate governance regimes is beginning to attract attention. Des Cahill talks to general counsel about how a balance between security and profitability can be struck
April 21, 2004 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
With the press currently salivating over the recent stories involving an accounting error at Shell and a shareholder revolt at Disney, the topic of corporate governance continues to hold the attention of the financial community.
A number of factors are contributing to the visible cost of corporate governance: the rise in audit fees, the increasing costs of non-executive directors and the increases in directors’ and officers’ insurance.
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