The ownership function of the parent company based in the UK is performed by shareholders and investors (“Governance model in the world,” 2021). Thus, the ownership structures of each of the Deloitte firms across the globe may differ from each other. It should be noted that Deloitte firms are not branch offices of the parent company but separate entities owned by different individuals ( 2021 global impact report, 2021). Ownership Structure of the Companyĭeloitte is a privately owned venture with numerous member firms in over 150 countries. Thus, the Deloitte board of directors is responsible for the oversight and governance of the business. For example, the Deloitte Global CEO, Punit Renjen, also serves as a member of the company’s board of directors (“Deloitte global board of directors,” 2021). In addition, such models make provisions for the CEO of the company to be a member of the board of directors as the person responsible for the majority of managerial decisions (“Governance model in the world,” 2021). The governing board model incorporates the supervisory and management functions of the board of directors (“Governance model in the world,” 2021). The Deloitte Global Board of Directors is an example of a governing board. Thus, Deloitte is one of the largest professional services companies in the world. In addition, it currently employs over 345,000 specialists in management consulting, financial services, and legal aid (“About Deloitte,” 2021). The company provides services to over 90% of businesses on the Fortune 500 list and thousands of other private organizations (“About Deloitte,” 2021). As a company working within the financial services industry, Deloitte offers audit and assurance and consulting services to public and private companies. The main objective of Deloitte is to “make an impact that matters” and help their clients and personnel excel (“About Deloitte,” 2021, para. The headquarters of the company is located in London, UK, with numerous offices around the world (Omondi, 2019). Deloitte Touche Tohmatsu Limited is a multinational corporation providing financial and risk advisory services as well as management consulting, audit, tax, and legal support for various business ventures.
0 Comments
Leave a Reply. |
Details
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |