Summary

In this section, we learned that understanding different corporate governance models is crucial for appreciating the diverse approaches to managing and controlling businesses worldwide. Each model has its strengths and challenges, shaped by cultural, economic, and historical contexts. For management learners, studying these models provides valuable insights into how governance practices can influence organizational behavior and performance. This knowledge is essential for developing effective governance strategies that align with the specific needs and contexts of different organizations.


Last modified: Friday, 18 October 2024, 12:48 PM