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Higher company performance through corporate governance

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How can companies improve their practices of corporate governance to achieve higher company performance?

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Solution Summary

This solution explains how a company can strengthen corporate governance to achieve greater performance. This solution also discusses why corporate governance is important, and the main factors that are involved in a solid corporate governance structure.

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Good corporate governance is one of the cornerstones of increases in performance, yet management in many companies overlook this area as being tied to increases in performance. When we consider corporate governance, we are taking into account the policies, procedures, ethics, values, tone at the top, and culture of the organization. The stronger the culture, the stronger that corporate governance is enforced within the company. In companies where corporate ...

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