Page 121 - Microsoft Word - 00 CIMA F1 Prelims STUDENT 2018.docx

Corporate governance

Choice of governance regime

The decision as to which approach to use for a country can be governed by many
factors:

 dominant ownership structure (bank, family or multiple shareholder)

 legal system and its power/ability

 government structure and policies

 state of the economy

 culture and history

 levels of capital inflow or investment coming into the country

 global economic and political climate.

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