Title: Enhanced Corporate Governance for Restaurant Companies: The Role of Well Performing Audit Committees
Abstract: ABSTRACT Corporate governance is a popular topic these days among public companies. An important piece of baggage for this journey is a solid corporate audit committee policy, which fosters a well performing audit committee. This article examines the evolution, composition, and duties of audit committees over the past thirty years. In addition it compares the basic audit committee policies and procedures of the Standard & Poor's 100 Index companies with those of the top fifty-one restaurant companies from Value Line, Inc.