CORPORATE GOVERNANCE

Corporate Governance

Corporate Governance

Introduction

The corporate governance subject is an extensive debate in corporate world and the researchers and scientists and the rulers. In the United Kingdom and the United States, in the United Kingdom and the United States, we are interested, especially in the above deficiencies of the system of the market in terms of efficiency in government and business. In continental Europe, we are concerned that the systems of corporate governance hamper innovation corporate innovation and growth. In Eastern Europe in Eastern Europe, privatization leads to question issue on one the way in which the private companies should be governed. China experiences form of the governance of company that combines features of the market system combined company to diet plan public ownership. Despite the thesis debates are comments on and the adverse effects of the various different corporate governance systems remain fragmented. In the area of the field corporate governance, the facts were swept by the judgments. Corporate governance, the facts were swept by the judgment. This article specifically intended to make to make precisely on the stock of what we know what we know of stock on one of the links between the links between on corporate governance and business performance. The formulation of a policy would be greatly facilitated if we had one of the evidence that there is a direct relationship between corporate governance and the evidence that there is a direct relationship between corporate governance and business performance (Sims, 1998, pp. 110).

Today's corporate governance structure of companies is a key management tool for business competitiveness. Thus, the establishment of good governance in the companies has not only enabled more open economic groups, not associated with the company that is based, but has allowed companies to get new shareholders through the sale of its shares to these new groups. This is because the new shareholders have greater access to sufficient and adequate information, which have generated greater confidence in managing risks and allow more active participation of these new groups entering firms and investors.

The postulates of the "self", in which, the basic principles underpinning the corporate governance of listed companies, the main aim to improve security and investor information. While on the other hand, good governance practices in those companies are more focused on improving the mechanisms and relationships between family shareholders and these with the company. In addition to the vast majority of businesses is family. It is precisely for these reasons that it becomes necessary to separate the family aspect of the business, to make possible to overcome those challenges that are beyond the scope of the rules of self-regulation and laws in general, since only in this way is possible to ensure the sustainability of such companies, which despite the great developments in the Dominican business world are still the majority in it.

Other stakeholders also exert control over managers, such as banks, unions, customers and public authorities. The leaders must therefore constantly seek to accommodate the interests of different ...