Wednesday, March 07, 2007

On importance of corporate governance...

Hopefully, I keep believing that things like transparency and good practice matter, even in places where an average citizen does not have much purchasing power.

The PSD Blog had a good post on the main reason why they felt corporate governance matters in the transitioning countries of Eastern Europe and beyond.

I certainly agree, but there is a need for some sort of critical mass that allows competition - in the good sense - to lift the bar on standards and transparency.

Not sure myself if corporate governance is outside corporate responsibility.

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