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Corporate Governance: An Overview

CHAPTER OUTLINE
  • Capitalism at Crossroads
  • Increasing Awareness
  • Global Concerns
  • What is Corporate Governance?
  • Governance Is More Than Just Board Processes and Procedures
  • A Historical Perspective of Corporate Governance
  • Issues in Corporate Governance

Capitalism at Crossroads

The beginning of the twenty-first century was marked by the emergence of corporate governance, as a solution to the collapse of several high-profile corporations, both in the USA and elsewhere. The business world was shocked beyond belief with both the scale and degree of illegal and unethical corporate practices. As a result, “the need for the adoption of good corporate governance principles has been reinforced, and inevitably and ...

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