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Title: &Amp;Quot;Good Corporate Governance-Its Importance For Banks And Challenges&Amp;Quot;

Essay Details

Subject: Business
Author:
Date: August 30, 2006
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Grade:
Length: 17 / 4861
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Essay rating: good 0, average 0, bad 0 (total score: 0)

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Corporate governance is the mechanism by which individuals are motivated to align their actual behaviors with the overall participants. How do we define “good” corporate governance? Good corporate governance is about compliance and performance. Good corporate governance should provide proper incentives for the board and management to pursue objectives that are in the interests of the company and shareholders and should facilitate effective monitoring, thereby encouraging firms to use resources more efficiently...

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Good corporate governance should provide proper incentives for the board and management to pursue objectives that are in the interests of the company and shareholders and should facilitate effective monitoring, thereby encouraging firms to use resources more efficiently...

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