hierarchy with line managers an organizational structure that is based on line management
Of all the functions in an enterprise that cannot, indeed must not, be the province of the function itself is finance. In fact, the more finance is separated from the rest of the organization’s thinking and operations, the greater the risk for the enterprise and its stakeholders.
By Leslie L. Kossoff
The idea proposes that an organization’s license to operate in society comes not just from rewarding shareholders through enhanced profits (the economic bottom line), but by improving its environmental and social performance. As such, it includes environmental responsibility, social awareness
Establishing the internal audit role in any organization requires formality to ensure that it is understood not only by the board and management but also by its customers across the organization and, where necessary, those external to the organization. The internal audit assurance and consulting
By Jeffrey Ridley
This will require regulation, not just by government regulators but also by independent regulators, in other words, by non-executive directors and major shareholders of these new conglomerates. They will have to see that the organizations in which they have invested create value in a prudent manner
By Andrew Milligan
Definitions of ’line organization’ and meaning of ’line organization’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’line organization’ and other financial terms with our online QFINANCE Financial Dictionary.