The costs and benefits of a corporate governance structure:

Question

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The costs and benefits of a corporate governance structure depend on cultural norms. Different countries have different legal and regulatory frameworks, as well as societal and cultural norms that impact the governance structure of companies. For example, in some countries, there is a greater focus on stakeholders such as employees and local communities, while in others, the focus is mainly on shareholders. Therefore, the costs and benefits of a corporate governance structure will vary depending on the country and its cultural norms.

The Costs and Benefits of a Corporate Governance Structure