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Corporate governance complements Companies Law
The article discusses the importance of applying corporate governance principles within company law, which can enhance corporate management, activate oversight, and promote transparency—especially in light of violations and failures resulting from poor management and the transformation of companies into personal interests. It explains that corporate governance relies on establishing qualified and transparent boards of directors, distributing authorities, and activating specialized committees, all while ensuring compliance with company laws to guarantee institutional success and safeguard assets and shareholders' rights. The article also emphasizes the significance of companies committing to governance principles to achieve their goals effectively and reduce legal and administrative risks.
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