Corporate Governance

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"Corporate Governance is concerned with holding the balance between economic and social goals and between individual and communal goals. The corporate governance framework is there to encourage the efficient use of resources and equally to require accountability for the stewardship of those resources. The aim is to align as nearly as possible the interests of individuals, corporations and society"[1]


References:
  1. ↑ Sir Adrian Cadbury in 'Global Corporate Governance Forum', World Bank, 2000
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