Management take in consideration the internal control

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management take in consideration the internal control measures to implement policies and programs. These efforts to improve internal control and corporate governance gave favorable results in the restoration of the confidence of investors as seen in the increase of a 19% in the price of the shares when was announced a day after reorganizing the administration. Despite, of the losses that amounted to HK$ 10 billion and incurring a debt of HK$ 9.38 billion from their unauthorized commercial bets, Citic Pacific continued showing positive results in 2009. These were attributable to the profits of your business of steel, real estate projects in mainland China and the progress of its mine iron ore in Australia. Conclusion It was evidenced that Board of Directors of Citic Pacific did not have the preparation suitable for strategic decision-making. The directors of the societies must have an understanding of your company's business, the nature of their risks and its strategic direction. This gives a solid basis for a proper administration. The ultimate responsibility of ensure that the risks of society are being properly identified, monitored and controlled depends on the Board of Directors. The Directory of Citic Pacific is responsible for ensuring that the company maintains a proper corporate governance structure. The key objective of the corporate governance structure is to protect and increase the value for shareholders by ensuring the integrity of the information and to maintain adequate internal controls. Finally, the importance of timely and full disclosure of the financial statements of the company is essential for the transparency of the company. Citic Pacific currently has a solid structure of corporate governance. Questions
1. What does corporate governance mean? How is it used to monitor managers' strategic decisions ?
2 What are the kinds of internal and external corporate governance mechanisms, and how are they used to control management decisions?
the parts. At a general level, the mechanisms are supported by promoting transparency and collaboration between management and shareholders. However, the management team focused

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