Business Magazine

Corporate Governance Makes the Market Work

Posted on the 25 April 2011 by Center For International Private Enterprise @CIPEglobal

Businesses around the world, regardless of what country or sector are in, share the same basic need for good corporate governance. What is it and why is it important?

Good corporate governance includes transparent business practices, management’s accountability to shareholders and other stakeholders, protection for minority shareholders’ rights, and frameworks to prevent corruption, among other things. In the video below, Jesus Estanislao and Ira Millstein briefly outline the key concepts of corporate governance.

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