SME Governance: Converging Definitions And Expanding Expectations

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Heather Banham
Yunke He

Keywords

small and medium enterprises, SMEs, corporate governance, stakeholders

Abstract

Recent events have focussed attention on corporate governance resulting in expectations for greater responsibility to shareholders and increasing obligations to an expanding group of stakeholders.  Our research explores the application of the increased emphasis on corporate governance in the SME context including application of the converging definitions and expanding expectations and some specific challenges. 

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