Explain the meaning of corporate governance

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In 2002 the financial scandals have shaken the world and pressures on the urgency of structured and strong system which should control and keep a balance between the relationship of stakeholders and minimize the agency problem.

Problem (i) Explain the meaning of corporate governance?

Problem (ii) What are the primary objectives of implementing corporate governance mechanism? Support your answer with example.

Reference no: EM132907737

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