Critical review of literature on corporate governance and the cost of capital:the value creation perspective
Corporate governance encompasses a broad spectrum of mechanisms intended to mitigate agency risk by increasing the monitoring of managements’ actions, limiting managers’ opportunistic behaviour, and improving the quality of firms’ information flows. A torrent of literature explains that corporate go...
Main Author: | |
---|---|
Format: | Article |
Language: | English |
Published: |
African Journal of Business Management
2010
|
Subjects: | |
Online Access: | http://irep.iium.edu.my/15486/1/Critical_review_of_literature_on_corporate_governance.pdf |