Explain the evolution of corporate governance. What problems developed? What are the current trends? Discuss the pros...

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Accounting

Explain the evolution of corporate governance. What problemsdeveloped? What are the current trends?
Discuss the pros and cons of the shareholder-privacy anddirector-primacy models of corporate governance. Which does yourgroup prefer and why?

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1 Explain the evolution of corporate governance What problems developed What are the current trends Over the years corporate governance has evolved by growing It has also shown how the complexity of business has changed over the years The way a company is managed is by shareholders who appoint a board of directors to supervise the management of the business through a voting system This is in place so that companies do not have issues such as insider trading or falsifying records Even though there is a board that is appointed to oversee the executive team there are still issues such as executives getting overpaid There are also issues in which some individuals on the board of directors mix up with management this is an issue since these two bodies are to be separate as to avoid any conflict As far as what See Answer

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