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What is the difference between Corporate governance and Corporate constitution?

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Question added by Yazan Ahmad , programmer , wysada
Date Posted: 2013/06/12
Salman Ali
by Salman Ali , Senior Manager Finance , Pakistan Mercantile Exchange Limited

Corporate governance refers to the system by which corporations are directed and controlled; it can be a Regulatory authority while corporate constitution declares and defines the scope/framework of company, rights of employees, investors and management and also imposing certain disciplines/boundaries i.e Article of associations.

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