||US. Plain Language in Government Communications.
Representative Braley [D-Iowa] is proposing a legislated requirement
for federal documents to be more easily read. [see also the SEC’s
Plain English Handbook].
||KPMG Audit Committee Survey: 92% of <$100M indicated 50-100hrs/year
for AuditCommittee time commitment; 93$ of <$100M had 3-5 directors
on the Audit Committee.
||SEC [Securities Exchange Commission] Remarks of R. Campos, refers
to IOSCO “Parmalat” report which defines corporate governance
as a “system of overlapping legal, regulatory, organizational
and contractual mechanisms to protect the interests of the company’s
owners and limit opportunistic behaviour by corporate managers who
control corporate operations.”