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Weak corporate governance is a common 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 just a few of the examples that can be problematic for a company.
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Introduction
Weak corporate governance is a common 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 just a few of the examples that can be problematic for a
company.
In response to company failures, regulations have been introduced to promote stronger governance
practices and protect financial markets and investors. Academics, policy maker Summary
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