'To what extent has corporate governance reduced the separation of ownership and control?'
Date Submitted: 09/10/2006 00:16:45
Category: / Science & Technology / Transportation
Length: 11 pages (2910 words)
Category: / Science & Technology / Transportation
Length: 11 pages (2910 words)
'To what extent has corporate governance reduced the separation of ownership and control?'
<Tab/>Corporate governance in its simplest form can be defined as 'having good management to run a company'. (Financial Institutions, Intangibles and Corporate Governance, John Holland, Accounting, Auditing and Accountability, Journal, Vol. 14, Number 4, 2001, p. 13). Unfortunately corporate governance is not that simple, and includes much more than just 'good management'. Corporate governance relates to the self-regulation of an …
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…must be the only concern of the board, social and ethical issues need to be addressed. As with all walks of life, there will always be deviance and business will be no different. Greed and self interests are two human traits that will always exist, subsiquently so will unethical behaviour and malpractice. Whilst authorities will strive to eradicate it, the most likely outcome, and best case scenario is that they will reduce and contain it.
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