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The importance of independence in corporate governance is. Banks channel public savings to the corporate sector. Why Is Corporate Governance Important To Maldives? Every business needs a set of governing legal documents. Good corporate governance practices have an impact in determining the cost of capital . It is a sensible investment that will pay off in orderly management and future cost savings.

Jordi Canals, professor and dean of IESE Business School, explains how to create corporate governance that. A corporate governance framework is a detailed governance, risk and compliance system which synchronises governance with risk and . The Company has strengthened corporate governance to increase the. With more evident process of globalization of the world market, the concept of corporate governance gains importance. The global economic crisis .