Introduction Promoting good relationship with stakeholders is an effective strategy used by organizations to enhance the competitive advantage in the industry. To ensure proper relations, organizations often develop a system of rules and regulations which guide the operations of the organization (Jo & Harjoto, 2012). The board of directors is tasked with the responsibility of ensuring that the affairs of the company are conducted openly and transparently with the aim of safeguarding the interests of the stakeholders. Corporate governance has been a critical part of study in the business school especially with the collapse of international companies (such as Enron) due to…….
The post Implementation of Corporate Governance in the United Kingdom and Germany
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