The Need for Corporate Governance

May 29th, 2015
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Arcadia University
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The increased accountability of corporate directors through the duties of care and loyalty required by good governance means that strategic decisions affecting performance and risk are made with greater care and consideration for owners. What duty of care and duty of loyalty mean is that directors should make best-informed decisions in the interest of a company. As seen in recent years, the markets, shareholders, and regulators have increased their scrutiny of director performance, creating demand for qualified directors and institutions that can provide them with training, information, and networking opportunities.

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