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With this, Germany's first governance code ever, the government was hoping to boost foreign investment.But the majority of the Cromme recommendations are voluntary, though firms that do not comply have to explain to shareholders why.
First, governance is a process.
Such an approach is compatible with a 'safety first' governance ethos with an expectation that genuine problems would likely be identified and addressed in a timely way.
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Second, governance and management solutions are not independent of the values that they are expected to serve.
Second, governance mechanisms are associated with bank diversification: as the level of diversification increases, board independence, institutional ownership, and managerial entrenchment decrease whereas the ratio of certified inside board directors significantly increases.
Fourth, governance failures at one institution can have far-reaching impacts on its stakeholders and their reputations.
This conclusion is particularly salient for the sixth "governance" building keywords that connote indicators of the implementation and evaluation of strategies for developing, managing and sustaining leadership.
First, the governance of Ukraine is a near-hopeless mess.
First, the governance of the Bank itself needs reform.
First, the governance structure of the twelve regional Feds needs overhauling.
First, characterize governance structures.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com