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Article
Governance and the Common Good
Journal of Business Ethics (2008)
  • Joseph V. Carcello, University of Tennessee, Knoxville
Abstract

The importance of corporate governance in ensuring reliable financial reporting is examined in this article, and the roles of individuals involved in the governance process are examined from the perspective of ensuring the common good. Initially, adopting the positivist tradition that dominates the academic literature in accounting, the relations between financial reporting quality and the activities of senior management, the board of directors and its audit committee, and external auditors are examined. Unlike much of the academic literature, this article also adopts a normative perspective and offers suggestions as to the proper roles of these parties. Finally, suggestions for future research are offered.

Keywords
  • audit committees,
  • auditors,
  • board of directors,
  • common good,
  • governance
Publication Date
2008
Citation Information
Joseph V. Carcello. "Governance and the Common Good" Journal of Business Ethics Vol. 89 Iss. 1 (2008)
Available at: http://works.bepress.com/joseph_carcello/4/