This paper will provide an understanding of the current definitions of corporate governance by examining the question “what is the nature of corporate governance?”. Then, it will discuss the firms in the real world, the dilemmas of corporate governance and some solutions.

Visser, B.
hdl.handle.net/2105/4989
Business Economics
Erasmus School of Economics

Lu, F. (2007, January). The Theory of the Firm, the Nature of Corporate Governance and the Corporate Governance Dilemma. Business Economics. Retrieved from http://hdl.handle.net/2105/4989