Corporate Governance Failures Spark Global Concern for Stakeholder Protection
The article discusses the importance of corporate governance in overseeing companies and protecting stakeholders' interests. It traces the evolution of corporate governance from historical origins to modern concerns. The researchers highlight the need for better monitoring and accountability in corporations to prevent failures and misconduct. Key findings include the rise of corporate governance as a response to financial crises, increased government regulation, and the changing role of shareholders in monitoring companies.