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Corporate governance, some say, is an expansive web of mechanisms put into place within and outside corporations to ensure the interests and behaviour of managers match shareholders' expectations. In the academic world, scholars attempt to unravel the complexity of the problem from different angles and approaches.
More than 130 international accounting professionals shared their latest research and insights into contemporary accounting and auditing issues at CityU's Asia-Pacific Journal of Accounting and Economics Symposium on 3 and 4 January.
City University of Hong Kong advocates applied research and emphasizes the transfer of knowledge and technology to industry and commerce because of their benefit to the community. To encourage applied research and to recognize those who excel in this area, City University has run the Applied Research Excellence Awards Competition since 1995.
An audience of more than 120 turned up on 19 September to honour the winners of CityU's Third Applied Research Excellence Awards, organized by the Industrial and Business Development Office.
In his 2001-2002 budget speech, the Financial Secretary said it is imperative that Hong Kong "continue to enhance our corporate governance" as an international financial centre, even though this standard is among the highest in the region.