1. Describe the various "mechanisms" that are supposed to keep publicly traded companies well governed.
Corporate governance is the machanism that supposed to keep publicaly traded companies well governed. Through the corporate governance corporation are governed and directed. Governance structure and rules identify the distribution of rights and responsibilities among the different participant in the corporation like shareholders , managers, creditors, auditor ,regulator and stakeholders.Governance machanism is including monitoring the actions, policies , practices and decisions of corporation , agent and customers.
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