期刊名称：International Journal of Advances in Management and Economics
印刷版ISSN：2278-3369
出版年度：2012
卷号：1
期号：5
出版社：International Journal of Advances in Management and Economics
摘要：Motivation to investigate the link between corporate governance system and performance of an enterprise can be seen from a dual perspective. Firstly, for the theory of costs’ perspective, managers have an incentive to choose a level of governance to ensure compliance with all regulations to protect the investors. Secondly, should be considered that the best governance practices, such as communication and low vulnerability can makes the investors to demand a lower risk premium and managers to obtain an incentive in order to improve, to a voluntary basis, the efficiency of the company’s governance practices, with low implementation costs.
