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3 Models of Corporate Governance, Typically Italian Model, Clear…

- - - - Responsible for organisation's management
    - - Appoints management board & approves the financial statements
    - - Appoints supervisory board & establishes guidelines of financial program
    - - Accounting control
- - - - Company's management delegated to unitary body (Board of Directors)
    - - Accounting control
- - - - Board or Sole Director
    - - External Auditor used if Board of Statutory Auditors cannot perform management & accounting control as they aren’t part of the Register of the Auditors