what are the approaches of governance
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A rules-based approach to corporate governance is based on the view that companies must be required by law (or by some other form of compulsory regulation) to comply with established principles of good corporate governance. The rules might apply only to some types of company, such as major stock market companies.
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Explanation:
For this purpose, the article presents what I consider to be the four most popular approaches to the concept of governance: corporate gov- ernance, global governance, good governance, and modern governance.
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