Corporate governance mechanism and controls are designed to reduce the inefficiencies that arise from moral hazard and adverse selection. As the topic suggests that it deals with mechanism related with modern corporate governance practices and their impact on the perception of investor regarding issues. Now-a-days to the environmental changes and the various scams and financial scandals the importance of corporate governance is increasing. Companies are emphasizing more on corporate governance reporting. In this paper the main focus is on studying the various aspects of corporate governance and identified the factors which contribute to good corporate governance.
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