Corporate governance

By having a wide and varied scope of owners, companies generally tend to improve on their standards and in order to satisfy the demands of these shareholders and the more stringent rules for public corporations imposed by public stock exchanges and the government. Consequently, it is alleged that (companies that are owned by shareholders who are members of the general public and trade shares on public exchanges) tend to have better management records than (those companies where shares are not publicly traded, often owned by the company founders and/or their families and heirs, or otherwise by a small group of investors). However, some well-documented cases are known where it is alleged that there has been considerable slippage in