Poor corporate governance practices have been cited as significantly contributing to [...].
Answer
the 2008–2009 global financial crisis
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Introduction ommon thread found in many company failures. A lack of proper oversight by the board of directors, inadequate protection for minority shareholders, and incentives at companies that promote excessive risk taking are a few examples of problems. <span>Poor corporate governance practices have been cited as significantly contributing to the 2008–2009 global financial crisis.
In response to these company failures, regulations have been introduced to promote stronger governance practices and protect financial markets and investors. Academics, polic
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