It is not often apparent that behaviours of individuals that are shaped by cultural and personal concepts of hope, ambition, greed, fear, uncertainty and hubris, as well as by the social ethos, can exert a significant influence on the structures, institutions and legal framework of corporate governance. The sensitive interplay of culture and governance is often overlooked when implementing the best practices in corporate governance. This is partly because corporate governance run deep and, hence, are difficult to address, let alone change......Read more
Source: Business Standard
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