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Their on-the-job performance is subject not only to the normal internal control mechanisms of their organizations but also to the scrutiny of the external market for control.
Jensen (1993) highlights the multiple points of failure in corporate internal control mechanisms from the selection of the Board of Directors, to valuation practices.
So firms in emerging markets put more emphasis on internal control mechanisms (Peng & Heath, 1996), and principals have a greater motivation to monitor agents (Jensen & Meckling, 1976).
The court did however drop the 4.9 billion euro fine, judging that the bank's internal control mechanisms were insufficient to prevent such scams.
It also demands some pretty serious oversight, both from internal control mechanisms, and to satisfy external reviewers that acceptable practices and acceptable procedures are in place.
In a statement Thursday, Homex said it "has strengthened internal control mechanisms to improve its corporate governance practices," but did not comment directly on the SEC actions.
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Furthermore, atmospheric emissions are highly variable due to an internal control mechanism that captures and loops mercury between the high-temperature kiln and low-temperature raw materials mill.
It is possible that beliefs about rumination act as an internal control mechanism that strengthens ruminative thinking (Flavell, 1979), which may be one factor accounting for its persistence.
> -wrap-foot> Inspectiof of the pasteurizer by an engineer, in the light of milk-test results, identified problems with heat exchanger plates, rubber gaskets, and an internal control mechanism on a steam control valve.
Recently, it has been suggested that the production of ROS and antioxidant scavengers may be tightly regulated by an internal control mechanism, involving uncoupling proteins and antioxidants (Brand et al. 2004).
This belief is especially justified because the organizers describe that the collective positions formulated in a process of deliberation were subsequently "ratified", which can be interpreted as a PIA-internal control mechanism.
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internal control methods
internal governance mechanisms
internal regulating mechanisms
internal control processes
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internal control systems
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order control mechanisms
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internal logging mechanisms
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internal identification mechanisms
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internal tolerance mechanisms
internal valuation mechanisms
internal loss mechanisms
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CEO of Professional Science Editing for Scientists @ prosciediting.com