Corporate governance Dissertation Example | Topics and Well Written Essays - 10000 words

Corporate governance - Dissertation Example It is evident from the work of various research scholars that people felt the importance of “Corporate Governance” at least 100 years ago. For example, research scholars such as Tinbergen (1962) have raised their concern over effectiveness of corporate governance. In recent times, corporate accounting scandals in companies like Cirio, Enron, Vivendi, Ansett, Parmalat, and Pan Pharmaceuticals have forced business leaders to think about the issues like corporate accountability and corporate governance. Above mentioned corporate accounting scandals were the results of managerial misconduct and corporate failures. Business leaders became aware of the fact that they need to take some serious measures in order to address the pertaining issues of corporate governance. ... Various research scholars have stated situation-specific definition of corporate governance and so it is difficult to find one universal definition of corporate governance.