CEU Electronic Theses and Dissertations, 2009
| Author | Polyatska, Maryna |
|---|---|
| Title | Comparative Analysis of Corporate Governance Rules in Ukraine and the UK |
| Summary | Countries in transition have to go through a long process of changing and creating new institutions, both private and governmental. Ukraine, as a transition economy, needs to stabilize and improve securities and capital market. Given that, one of the requirements for investment is reliability of information, audit is an essential instrument to assess the trustworthiness of information thus to achieve transparent corporate governance system. The aim of this thesis is to identify appropriate solutions for the contemporary auditing issues in the Ukraine in compliance with current Law of the UK. Through the comparative analysis of corporate governance and legal provisions on audit in both countries (i.e. UK and Ukraine), I propose following recommendations for Ukraine to improve its corporate governance system which can also contribute to achieve the higher goal of overall economic growth: a) to replace the existing Auditing Committee with the UK model of an Audit Committee; b) to prohibit the statutory auditors from providing non-audit services; c) to limit ways of keeping company’s accounts; and d) to harmonize international and national accounting standards. |
| Supervisor | Messmann, Stefan; Telegdy, Almos |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2009/polyatska_maryna.pdf |
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