What do you mean by corporate governance and global business enviornment?
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Explanation:
Corporate governance is intended to increase the accountability of your company and to avoid massive disasters before they occur.
Failed energy giant Enron, and its bankrupt employees and shareholders, is a prime argument for the importance of solid corporate governance.
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Corporate governance is the collection of mechanisms, processes and relations by which corporations are controlled and operated. ... Corporate governance includes the processes through which corporations' objectives are set and pursued in the context of the social, regulatory and market environment.
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