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IIMB Management Review

Document Type

Article

Abstract

Only a few fundamental ideas in the field of business management have stood the test of time and contributed to economic growth. The concept of a corporate form of organisation being akin to the democratic form of government is one such. The corporate structure is supported by management and corporate governance is all about ensuring that the management protects the interests of a number of stake holders. Providing reliable and relevant financial information about the corporate entity, thereby enabling different users to make sensible economic decisions, is one of the important tasks assigned to the management.

Publication Date

12-1-1996

First Page

104

Last Page

106

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