Answer to Question #230844 in Economics for taiba

Question

Discuss the factors that were responsible for the emergence of corporate governance both in the USA and

India.

Answer 1

Corporate governance in the business context refers to the systems of rules, practices, and processes by which companies are governed. In this way, the corporate governance model followed by a specific company is the distribution of rights and responsibilities by all participants in the organization.

The Main Factors Influencing Corporate Governance and its emergence are:

1. Globalization
2. Technology
3. Population
4. Free market