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Hello, I am looking for someone to write an article on Openness Issue in the US and Europe. It needs to be at least 1750 words.
Hello, I am looking for someone to write an article on Openness Issue in the US and Europe. It needs to be at least 1750 words. There are many definitions of corporate governance. But they all address a common central theme in their own ways. Corporate governance is the collection of laws, rules and ways that regulate the interactions and relationships between the owners i.e. capital providers, the governing body i.e. the board or boards in the two-tier system), senior managers and other people that take part in the decision making process and are affected by the dispositions and business activities of the company.
Corporate governance exists in its own space. It shows the economic, historical, cultural and legal characteristics of a nation along with its business history and corporate sector.
It is shaped by the ownership structures, ways of that particular economy and the available financing options. It includes the role of the financial markets, the banking and insurance sectors and the government in the form of shareholders and capital providers in some nations. “Corporate governance deals with the ways in which suppliers of finance to corporations assure themselves of getting a return on their investment”, says Andrei Shleifer and Robert W. Vishny.
The system of corporate governance may give rise to a number of patterns of executive pay, which may occur because different board structures are associated with different arrangements for establishing executive pay (Schwalbach, Joachim, Conyon, Martin J., 2000). Variations present in these areas show some of the considerable differences among all the governance models. Corporate governance has an inevitable relationship with the ownership, control structures and patterns prevalent in an economy, adds Miguel A. .Mendez.