Investor protection turns out to be

Investor protection turns out to be crucial because, in many countries, expropriation of
minority shareholders and creditors by the controlling shareholders is extensive. When outside
investors finance firms, they face a risk, and sometimes near certainty, that the returns on their
investments will never materialize because the controlling shareholders or managers expropriate
them. (We refer to both managers and controlling shareholders as “the insiders.”) Corporate
governance is, to a large extent, a set of mechanisms through which outside investors protect
themselves against expropriation by the insiders.

Kết quả (Anh) 2:

Investor protection turns out to be crucial vì, in many Countries, expropriation of
Minority shareholders and Creditors by the controlling shareholders is extensive. When outside
finance Firms Investors, chúng face a risk, and sometimes near CERTAINTY, that the returns on chúng
Investments will never materialize controlling shareholders or managers vì expropriate
added. (We refer to managers and controlling shareholders both Show as "the insiders.") Corporate
governance is, to a large extent, a set of Mechanisms through mà Investors outside protect
Themselves Against expropriation by the insiders.