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Corporate Governance |
Also found in: Acronyms, Wikipedia, Hutchinson | 0.09 sec. |
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Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. Notes: Ethical companies are said to have excellent corporate governance.How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Corporate governance frameworks, when effective, can help organizations avoid potential compliance violations while promoting prosperity, consumer confidence and public trust. The author's insight that most individual investors are not focused on corporate governance when selecting a stock is indeed true and is the case for equities traders as well. The European Commission, the institution responsible for initiating European legislation, consulted throughout the summer on its 24-point action plan called "Modernizing Company Law and Enhancing Corporate Governance in the EU. |
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