The Checks and Balances of Good Corporate GovernanceCorporate Governance eJournal
Date of this Version11-27-2009
Document TypeJournal Article
AbstractGood corporate governance requires a range of regulatory checks and balances - or mechanisms - to be effective. If one mechanism fails, the system will fail like a chain with a weak link. This article provides an overview and brief explanation of the main checks and balances a country needs to have a good corporate governance system. It is of particular relevance to countries with transition economies. However, it is also important in developed countries as recent corporate collapses and failures in the financial system have illustrated.
Citation InformationJohn Lessing. "The Checks and Balances of Good Corporate Governance" Corporate Governance eJournal (2009)
Available at: http://works.bepress.com/john_lessing/9/