Corporate Governance Essay by Calwriter

Corporate Governance
This paper discusses corporate governance, which is the interrelationship of shareholders, employees, the management, the board of directors, and the government.
# 55747 | 2,200 words | 8 sources | MLA | 2004 | US
Published on Feb 02, 2005 in Business (Management) , Ethics (General)

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This paper explains that statutes such as corporate laws, security laws, and accounting practices, maintain the balance between management and shareholders. The author points out that an important factor in corporate governance is the vital difference between the governance of public and of private institutions. Private institutions must be capable of producing a profit, while the public sector must be more transparent than the private sector. The paper stresses that stakeholders, investors, and the government have a right to demand information, and the duty of a well-governed corporation is to provide this information upon demand.

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