comparative law

March 21, 2020

Ineffectiveness of Corporate Governance: The convenient shortcomings of modern regulation of business organisations

States are reluctant to intervene in today's capitalist markets. The reality of corporate failures, which do not only impact the company and its shareholders but negatively affect employees, local communities and other stakeholders make the call for more stringent regulation increasingly urgent. This article outlines the role that corporate governance plays in the regulatory framework of business organisations.