Titlebook: Corporate Governance; Financial Responsibi Erik Banks Book 2004 Palgrave Macmillan, a division of Macmillan Publishers Limited 2004 corpora

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Common Failures in the Governance Processntrols or corporate policies, and inadequate regulations. Any of these might lead to a corporate problem. In some cases several shortcomings might appear at the same time, increasing the possibility of a more extreme outcome, such as an excessively large and unexpected loss, a liquidity crisis, financial distress, or even bankruptcy.