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Critics have most frequently objected to the emphasis on individualism offered by the
GAAP
Generally Accepted Accounting Principles, a common set of accounting rules and standards that companies follow when preparing financial statements in the United States.
Regulators
Authorities or governmental agencies responsible for overseeing the operation of markets, industries, or sectors, ensuring compliance with laws and regulations.
Compensation Committee
A subgroup within a board of directors responsible for establishing and reviewing policies on executive compensation and benefits.
Board Of Directors
A group of individuals elected by shareholders to oversee the management and make major decisions for a corporation.
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