The aim of this project is to give a clear picture on the corporate
governance mechanisms and its theories. Corporate governance refers
to a set of rules and regulations which are complied with by
corporations. Scholars defined governance is a term that refers to
the way in which an enterprise or body of people is governed and to
the rules and regulations for governing by people in authority and
power. Principles of corporate governance are noted as directors,
directors' remuneration, shareholders, audit and accountability.
However, CEO duality, audit committee, board independence and board
composition are the most researched issues in academic and business
globe. Based on this concept this project intended to depict the
above mentioned issues. In addition, there are number theories
related to corporate governance and its mechanisms, though it is
claimed that agency theory is the most significant theory in the
world of corporate governance. Whereas other proponents of
corporate governance claim that agency theory is unable to cover
corporate governance. In this vein, this project intends to depict
the related theories of corporate governance and its mechanisms.
Mechanisms covered h
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