Governance returns

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Corporate governance is making a comeback, with financial regulators and legislators world-wide pushing for tighter rules they hope will prevent future crises and help make regulation more effective. Regulators believe the renewed focus on corporate governance will have, and is already having, the desired effect in deterring bad behaviour, but most people in the industry say it will take time for the sought-after cultural change in boardrooms and within firms to really bed down.

The regulators’

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