Corporate governance is important to nations because:

Question

Quizplus · Accepted Answer

Firms seek to invest in nations with national governance standards that are acceptable to them. This is because sound corporate governance practices provide assurance to investors that their investments are safe, and that companies are making decisions that are in the best interest of shareholders. Therefore, nations with good governance practices are more likely to attract foreign investment, and this can be beneficial for their economies.

Corporate Governance Is Important to Nations Because