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| Topic: |
Social Issues
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| Number of pages / Number of words: |
10 / 2570 |
Essay's paper body
The perception of strong corporate governance can not only impact the company's share price in the market, but also the cost of raising capital, both important factors in continued firm performance. As such, the secondary focus of corporate governance legislation is to ensure that economic efficiency is improved or maintained by the provisions, so as not to overly encumber businesses in their pursuit of profit...
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As such, the secondary focus of corporate governance legislation is to ensure that economic efficiency is improved or maintained by the provisions, so as not to overly encumber businesses in their pursuit of profit. On the whole, most research shows that "portfolios of firms that are less compliant with the rules earn positive abnormal returns compared to portfolios of firms that are more compliant...
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