GOVERNANCE AUDITS FOR SUSTAINABLE CORPORATE SUCCESS

Whenever Enron, the Parmalat and FTX are mentioned, the thought of their stunning and rapid collapse cannot escape our minds. These were corporate giants whose dramatic collapse resulted from weak systems of corporate governance, internationally awakening the need to improve and reform corporate governance in institutions. Meaning of corporate governance Corporate governance is the system…

STEWARDSHIP CODE FOR INSTITUTIONAL INVESTORS IN KENYA

Stewardship entails the responsible supervision and administration of assets, aimed at serving the ultimate beneficiaries or clients of institutional investors. These institutional investors function as both asset owners and asset managers, holding equity and debt stakes in Public Listed Companies. Asset owners refer to collective investment vehicles that pool funds on behalf of their beneficiaries…

TRANSFER PRICING IN KENYA: Emerging Issues

Transfer pricing enables the determination of prices for the goods and services traded among subsidiaries, affiliates, or companies under common control, all of which belong to a larger organization. Utilizing transfer pricing can result in tax benefits for corporations, although tax authorities may challenge their assertions. The requirement for transfer prices arises almost invariably when…