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Was the crisis caused by factors that are much and stronger than corporate governance? Use the...

Was the crisis caused by factors that are much and stronger than corporate governance?

Use the evidence from the different opinion of academic literature to argue it, debate in corporate governance area

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Answer #1

Corporate governance is basically a process that includes certain practices and set of rules which helps in directing and controlling the entities. It essentially evolves around balancing the interest of various stakeholders . Stakeholders here include shareholders,management,suppliers,finance providers,government,etc.Corporate governance structure defines and differenciate the duties and responsibilities of those charged to governance and the employees and thus,reduces conflicts and leads to faster and corrective decision making.

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