Traditional Culture Encyclopedia - Traditional culture - The Role of Banks in Corporate Governance
The Role of Banks in Corporate Governance
Economic Monitoring. Banks play the role of economic monitoring in corporate governance. The "targeted governance" represented by the United States and the "interventionist governance" represented by Japan, and the choice of each governance structure is closely related to its specific corporate finance structure, financial institutional arrangements and cultural traditions. Corporation is a Western term. The form of organization of an enterprise. A group of persons united for the purpose of carrying on an industrial or commercial enterprise, such as a partnership or joint-stock company.
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