Corporate governance is a common topic for discussion both among public companies and in graduate schools of business. A well-functioning corporate audit committee is an essential part of good corporate governance. This article describes the evolution, duties, and composition of audit committees over the past 35 years. It also provides a comparison of the basic audit committee policies and procedures of the top restaurant companies with those of lodging companies.
|Number of pages||8|
|Journal||Journal of Hospitality Financial Management|
|State||Published - 2014|