Business Communication Essay examples
Dr. Demir Yener
1625 Massachusetts Avenue, Washington DC. Office: 206K.
Phone Number: (202) 650-6022; E-mail Address: email@example.com
Mondays 4:30 – 5:00 pm or by appointment
Required Text and Learning Materials: 1) Monks, Robert A.G. and Nell Minow. Corporate Governance (5th Ed. ISBN 978-0-470-97259-5), Wiley-Blackwell, 2011 2) Yener, Demir. Corporate Governance Primer 3) Lecture notes on Corporate Governance by Dr. Yener. 4) Other cases and readings to be distributed through BlackBoard as …show more content…
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Corporate governance refers to the mechanisms that resolve the conflicts of interest between various corporate stakeholders. The quality of corporate governance has significant impact on firm value and the cost of capital due to its relationship with risk resolution regarding a company.
One of the key aspects of corporation is the separation between ownership and control which allows corporations to exist independent of the life of owners and to attract professional expertise. Separation also creates an agency problem in which agents may act in self interest at the cost of owners.
This conflict of interest is due to the imperfect contracts and