Even complicated and confusing topics will be easily developed and covered if you request our help writing an essay. Place an order today!

Introduction-Comply or explain is one of the approaches used in corporate governance and financial supervision in many countries like United Kingdom, Germany, the Netherlands and other European countries. The main motive of "comply or explain" is to "let the market decide" whether a set of standards is appropriate for their respective companies or not. It is a regulatory approach and is now recognized under the OECD principles of corporate governance.German Code of Corporate Governance states: “A well justified deviation from a Code recommendation may be in the interest of good corporate governance.”The content of UK code follows much of comply or explain approach. Their code consists over 50 ‘provisions’, which set out over 110 instances …show more content…
Innovation – In comply or explain approach one can give new ideas and strategies. Companies don’t need to follow the specific rules and guidelines and can give their arguments for the different principle followed by them. This ultimately means that companies can introduce new ideas based on their requirements and specific circumstances.2) Proportionality – Most of the times, smaller companies have complaints regarding business legislation is that the burden that they face due to “one size fits all” solution. Sometimes requirements and obligations which are suitable for larger companies are too costly to implement for smaller companies.So in case of default solution that are too much burden for the small companies, comply or explain approach allows them to go with the alternative options that are suitable to them and explain the principles and logic behind the principles.Therefore, principles that might be suitable only to larger companies can be easily introduced without thinking much about the widespread non-compliance.3) Improved Reputation –If companies publicize their corporate governance policies and the way they work, it can really boost their reputation and more and more stakeholders would like to work with

testimonials icon
Order Grade A+ Academic Papers Instantly!...
testimonials icon
Write a 500- to 750-word essay contrasting the roles of the temporal and frontal lobes on behavior. Include the types of behaviors...
testimonials icon
/*! elementor - v3.6.5 - 27-04-2022 */ .elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading...
testimonials icon
   CONCEPT REVIEW:   Before beginning the interactive,  review LO1 on page 174. Recall that a legally binding contract requi...
testimonials icon
Running head:1Ethnography ResearchAuthor Name(s), First M. Last, Omit Titles and DegreesInstitutional Affiliation(s)2Ethnography ResearchI.Introducti...
testimonials icon
 For this assignment you will write your Frankenstein1 application essay. You are required to submit only your final draft for this assignm...
testimonials icon
Running head: TAKE-AWAY IN ESSAY WRITINGTakeaway in Essay WritingStudents NameInstitutional AffiliationDate1TAKE-AWAY IN ESSAY WRITING2Takeaway in Es...
testimonials icon
in 500 words Discuss some preventative measures adults can take to avoid or slow the progress of cardiovascular disease...
testimonials icon
 See readings attached...By now, most folks have seen at least one or two investigation shows – real or dramatic. A fraud inv...
testimonials icon
Surname 1NameTutorCourseDateNatureIn the world we live in, numerous changes hinder or necessitate our survival. The termnature appears to be complica...
testimonials icon
ASSUME THAT THE COMPANY WAS OPERATING AT FULL CAPACITY IN 2006 WITH REGARD TO ALL ITEMS EXCEPT FIXED.Use simple regression to predict...

Other samples, services and questions:

Calculate Price

When you use PaperHelp, you save one valuable — TIME

You can spend it for more important things than paper writing.

Approx. price
$65
Order a paper. Study better. Sleep tight. Calculate Price!
Created with Sketch.
Calculate Price
Approx. price
$65