Synonyms
Introduction
The field of corporate governance emerged in the early 1990s as a result of a number of corporate scandals, failures, and irresponsible malpractices by those who were responsible to run the affairs of these affected corporate bodies in the best interests of all concerned. The scandals and failures that resulted from these inappropriate practices shook stakeholders’ confidence to the core – investors lost their investments, employees lost their jobs, credit suppliers of goods and services lost goods and the expected payments, etc. When one talks about corporate governance (CG)-related scandals in the UK, the following scandals immediately come to the minds of those who are old enough to remember them and their consequences on all affected stakeholders: the Mirror Group (1991), Bank of Credit and Commerce International (BCCI) (1991), and Polly Peck (1992). Similarly, when issues relating this corporate malfeasance are mentioned in other parts of the world, the...
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References
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Idowu, S.O., Mulat-Weldemeskel, E. (2024). Corporate Governance and Heroism. In: Encyclopedia of Heroism Studies. Springer, Cham. https://doi.org/10.1007/978-3-031-17125-3_204-1
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DOI: https://doi.org/10.1007/978-3-031-17125-3_204-1
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