Corporate governance refers to the systems by which companies are directed and controlled (Cadbury 1992). It is considered as a significant prerequisite for the growth of an economy. A good corporate governance practice in place helps to reduce risk for the benefit of investors, to attract capital for investment and improves the performance of firms. Much of corporate governance therefore, deals with the limits on manager’s discretion and accountability according to Demb and Neubauer (1992) corporate governance is a question of performance and accountability. According to J. Wolfensohn the concept is about promoting fairness, transparency and accountability.
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Taschenbuch. Zustand: Neu. Neuware -Corporate governance refers to the systems by which companies are directed and controlled (Cadbury 1992). It is considered as a significant prerequisite for the growth of an economy. A good corporate governance practice in place helps to reduce risk for the benefit of investors, to attract capital for investment and improves the performance of firms. Much of corporate governance therefore, deals with the limits on manager¿s discretion and accountability according to Demb and Neubauer (1992) corporate governance is a question of performance and accountability. According to J. Wolfensohn the concept is about promoting fairness, transparency and accountability.Books on Demand GmbH, Überseering 33, 22297 Hamburg 84 pp. Englisch. Artikel-Nr. 9786205489710
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