None of the leading corporations can assure about the effective decisions everytime from out of their governance because risks are integrated with every business and they often face the failure from their decisions as well. However, good corporate governance ensures the accountability and figure out the most appropriate option while decision making. Currently, the major focus of the listed companies is to enhance the transparency and to improve the fluid communication between the key interest parties, that is, between the shareholders and society, between the board and shareholders, and between the top management and board of directors.
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