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The role of corporate governance in a company's hierarchy is an essential one to allow for conflict resolution and appropriate involvement of all shareholders. Strategic management plays a significant role in corporate governance decision making. …
https://quizlet.com/85347639/strategic-management-ch-10-essay-flash-cards/
Corporate governance is the relationship among stakeholders that is used to determine and control the firm's strategic direction and its performance. Effective governance that aligns top-level managers' interests with shareholders' interests can produce a competitive advantage for the firm.
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Jul 31, 2018 · Corporate governance, encompassing all the principles of open and responsible management, is a way of ensuring that a company keeps within clear ethical lines. It has been top of the policymaker's agenda for some time now, but can be a …
https://quizlet.com/40034900/ch-10-review-questions-bbb-flash-cards/
So, the corporate governance fosters ethical decisions and behaviors on the part of managers as agents. Corporate governance leads to the managers being aware of the consequences possible and trying to be as ethical as possible in their decisions and behaviors.
http://www.ethicalcorp.com/business-strategy/corporate-governance-why-board-must-lead-ethics
Aug 08, 2013 · So if corporate governance lies at the very heart of the way businesses are run, it is imperative that ethical values should be part of what makes those hearts beat. The right choices. Questions of ethics, or the “right way to run a business”, are inherent in all aspects of corporate governance and in every board decision and action.
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