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Topic: |
Business
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Number of pages / Number of words: |
7 / 1943 |
Essay's paper body
In order to develop a corporation, outside financing will probably be required. Shleifer and Vishny simplify to one purpose the complex elements of the necessity of organized and enforceable guidelines of beneficial corporate governance: that is to assure suppliers of capital that they should receive a return on investment (Shleifer and Vishny 1997)...
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Shleifer and Vishny simplify to one purpose the complex elements of the necessity of organized and enforceable guidelines of beneficial corporate governance: that is to assure suppliers of capital that they should receive a return on investment (Shleifer and Vishny 1997). Otherwise, why should prospective investors hand over their capital to be absconded?
Corporate governance provides accountability to prospective shareholders...
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