March 2012
Beginner
623 pages
35h 9m
English
Content preview from Business Ethics and Corporate Governance, Second EditionBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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EFFECTS OF MONOPOLY ON CORPORATE GOVERNANCE
Examples abound where due to deliberate state policy and with little objective regulation, politically influential family-owned companies emerge as winners thwarting even the limited competion. Managements are not interested to put in place any corporate governance practices. Their focus is distorted away from commercial objectives towards political influence. Political favours weaken management and accountability. There is lack of transparency, so there is reduced incentive to invest and increased risk in equity markets. The tug-of-war between the Ambani brothers in the recent past and allegations of corporate misgovernance in India’s leading and the most successful industrial conglomerate illustrates ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.