Buy custom &Amp;Quot;Good Corporate Governance-Its Importance For Banks And Challenges&Amp;Quot;
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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 âgoodâ corporate governance practices are significantly greater than returns for firms with âbadâ 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...
General points of the essay
&Amp;Quot;Good Corporate Governance-Its Importance For Banks And Challenges&Amp;Quot;
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