What Items of Good Corporate Governance Serve to Mitigate the Tension

question 26

Essay

What items of good corporate governance serve to mitigate the tension between owners and managers?

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Definitions:

Service To The Public

Efforts or duties performed by individuals or organizations aimed at benefiting the community or general populace.

Extralegal Force

Force used by an authority or individual that is not sanctioned by law, often implicating a violation of legal or ethical standards.

Deliberate

The process of carefully considering or discussing something before making a decision.

Wrongful Use

The incorrect, unethical, or illegal application or operation of something, often leading to harm or violation of rights.