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Andrei Shleifer and Robert Vishny define corporate governance as: the ways in which suppliers of finance to corporations assure themselves of getting a return on

Andrei Shleifer and Robert Vishny define corporate governance as:

"the ways in which suppliers of finance to corporations assure themselves of getting a return on their investment."

(Shleifer A. and vishny R. W. (1997), A survey of Corporate Governance, Journal of Finance,52, 737-83.)

Compare Du Plessy, Hargovan and Bagaric's definition of Corporate Governance with the definition by Shleifer and Vishny. What are the points of difference? What are the implications raised by Shleifer and Vishny's definition? What are the implications raised byDu Plessy, Hargovan and Bagaric?

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