Buy custom &Amp;Quot;Good Corporate Governance-Its Importance For Banks And Challenges&Amp;Quot;
Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
18 / 4861 |
Essay's paper body
Studies have found that firms with better corporate governance characteristics tend to perform better. Stock returns of firms with “good†corporate governance practices are significantly greater than returns for firms with “bad†corporate governance practices. It also reduces expropriation of corporate resources by managers and lenders and investors are more willing to provide funds leading to lower costs of capital...
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It also reduces expropriation of corporate resources by managers and lenders and investors are more willing to provide funds leading to lower costs of capital. Good corporate governance can be pointed as:
- Board members act in the best interest of shareholders.
- The company acts in a lawful and ethical manner in all their dealings...
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&Amp;Quot;Good Corporate Governance-Its Importance For Banks And Challenges&Amp;Quot;
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