Abstract: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.
Set email alert for when this publication receives citations?
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.