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'good corporate governance' is simply 'good business'.

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Corporate governance broadly refers to the mechanisms, processes and relations
by which corporations are controlled and directed.
[1]
Governance structures identify
the distribution of rights and responsibilities among different participants in the
corporation (such as the board of directors, managers, shareholders, creditors,
auditors, regulators, and other stakeholders) and include the rules and procedures
for making decisions in corporate affairs. Corporate governance includes the
processes through which corporations' objectives are set and pursued in the context
of the social, regulatory and market environment
Corporate governance has also been defined as "a system of law and sound
approaches by which corporations are directed and controlled focusing on the
internal and external corporate structures with the intention of monitoring the
actions of management and directors and thereby, mitigating agency risks which
may stem from the misdeeds of corporate officers

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Corporate governance broadly refers to the mechanisms, processes and relations by which corporations are controlled and directed.[1] Governance structures identify the distribution of rights and responsibilities among different participants in the corporation (such as the board of directors, mana ...
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Anonymous
Awesome! Perfect study aid.

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