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Values and corporate governance systems

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Abstract

The development of the capitalist socio-economical system depends on its existing corporate governance systems. Values and differences in corporate governance systems across the world are part and partially related. It is obvious that enlightened, competent, professional ultimate owners know what results they want to have from the company in the long run. It’s also clear that they can sustain in a competitive environment only if they invest ownership strategy based on values. Therefore, we are crystallizing different values, and systems of corporate governance. Success requires a consistent vision, and has an ownership strategy at heart. Ownership strategy is here defined as a series of goal-directed plans and activities that align a business’s structure, culture, and resources with the opportunities and threats in its environment. Keywords: corporate governance systems, ownership strategy, values
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