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This report conducts a review of the corporate governance of VINASHIN, including the analysis of its board structure and its board committees. There are three problems in VINASHIN governance: members of the board were not qualified enough for the scope of the company, Chairman and CEO was one single person (Mr Binh), audit committee was not effective. Therefore, VINASHIN should consider hiring more appropriately experienced directors, separating the role of Chairman and CEO, and improving the effectiveness of its audit committee.
Table of Contents
1. Introduction 5
2. Discussion