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Corporate Governance - School Essays

Corporate Governance

Corporate Governance

(Corporate Governance in the U.S. Grows Up, John Bussey, 10/11/12)

A decade ago most CEO's and high ranked executives ruled company's while shareholders had virtually no power in the company's say. We are seeing more independence in the board rooms and the level of accountability for board of directors has jumped exponentially since 2002 taking much of the power away from those high executives. Today, in most companies, all directors are up for re-election annually which is putting more power in the shareholders which decides how the company will continue to be controlled. Also, now 80% of company's reelection process has to have a majority vote, whereas ...

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feel that it is important for the company's shareholders to have more of a say in the company's operational structure. Giving the shareholders more perceived power in elections it enables them to contribute to their own well-being and allows them to help them steer the company in the direction that they see best by standing behind a group of directors that they can hand pick and feel a little more at ease with. The shareholders should not have a controlling stake in the voting because there are other people in the business who know a lot more about the market and where it is heading, but it is good that their votes matter more now as opposed to how it was a decade ...

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Corporate Governance. (2014, September 4). Retrieved December 23, 2024, from http://www.essayworld.com/essays/Corporate-Governance/104366

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"Corporate Governance." Essayworld.com. September 4, 2014. Accessed December 23, 2024. http://www.essayworld.com/essays/Corporate-Governance/104366.

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PAPER DETAILS

Added: 9/4/2014 09:36:32 PM
Submitted By: zungboy
Category: Business
Type: Premium Paper
Words: 320
Pages: 2

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