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Good governance a matter of innovation, agility and ability to inspire buy-in

Tuesday, October 31, 2017 @ 8:47 AM | By Jean-François Gagnon

It is generally considered that governance involves the relations between a corporation’s management, board of directors and its stakeholders. Good governance is essentially — if not exclusively — aimed at ensuring the long-term sustainability of the enterprise. That is its core purpose.

Transposed into the legal setting, good governance must necessarily take into account market conditions. There are many examples in the legal world of firms that at one point were dominant and prosperous and later imploded and disappeared. The causes of their demise can be...