BGN Entrepreneur

The term of corporate governance is becoming increasingly important to businesses of different natures, as one of its most important themes is to ensure the accountability of certain individuals in an organization via mechanisms that try to reduce or eliminate the principal-agent problems. Effective and efficient corporate governance is crucial to a company’s success as [...]

According to Jones in his book Business Economics and Managerial Decision Making, Corporate governance is defined as “the system by which companies are directed and controlled” (Jones T., 2004, p.13). In the Strategic Management, Dess defined it as the “issue of strategic control in a broader perspective”.
Effective corporate governance can greatly impact on the company’s [...]