There is a lot of talk about corporate governance, which is presented as a guarantee of stability and controlled management, but when we look at the facts, the picture is quite different. Between strategic errors and inconsistent decisions, businesses have rarely been so well equipped with governance mechanisms, and yet rarely so vulnerable.
But having governance bodies, rules, and control mechanisms in place does not mean that governance works in practice, and that is what we will explore in this second post on corporate governance.
In brief:
Governance mechanisms have proliferated in businesses,...
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As...
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