McDonald’s have 8 current and expected government policies and regulations, including taxes and regulations in place to address issues related to externalities. First, is the audit and non-audit Service Policy? The purpose and Applicability of Policy is under the Sarbanes-Oxley Act of 2002, the Audit Committee of the Board of Directors is responsible for the appointment, compensation and oversight of the work performed by the independent auditor engaged by McDonald’s corporation (the company). As part of this responsibility, the audit and non-audit services performed by the independent auditor to assure that they do not impair the auditor’s independence from the company. Second, is the Corporate Governance Principles? McDonalds Corporation’s Board of Directors is entrusted with, and responsible for, the oversight of the assets and business affairs of McDonald’s Corporation in an honest, fair, diligent and ethical manner. This Board has believed that good corporate governance is critical to fulfilling their obligations to shareholders. The Boards primary responsibilities, some of which may be carried out by one or more committees of the Board or the Independent Directors as appropriate. First they must oversee the conduct of the company’s business so that it is effectively managed in the long term interest of shareholders. Second they must select, evaluate, ad compensate the Chief Executive officer (CEO) and planning for CEO succession, as well as monitoring managements succession planning for other key executives. Third, Board of Directors should oversee and review the company’s risk profile and expositions. Third current and expected government policies and regulations is the Director Selection Process. The Governance Committee is responsible for establishing criteria for Director Nominees, screening candidates and for evaluating the qualifications of persons