How does code of governance impact upon such business

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Reference no: EM131375000

In a small and medium enterprise (SME) and family business, the founder usually owns most of the shares and manages the business full-time in a very hands-on manner.

- How does a code of governance impact upon such a business?

- Is it correct to say that good corporate governance is not relevant for such businesses, because in essence there is no separation of ownership and stewardship?

- What are the critical factors to consider in this situation?

Reference no: EM131375000

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