Corporate Governance Capital Structure and Firm Value: Corporate Governance Theories Ownership Structure and Firm Value Capital Structure and firm value

“Corporate governance is concerned with holding the balance between economic and social goals and between individual and communal goals. The governance framework is there to encourage the efficient use of resources and equally to require accountability for the stewardship of those resources. The aim is to align as nearly as possible the interests of individuals, corporations and society.” (Sir Adrian Cadbury, UK, Commission Report: Corporate Governance 1992). “Business continuity and planning is just as important for small companies as it is for large corporations. Plans need to be simple but effective, comprehensive but tailored to the needs of the organisation. Employers have a responsibility to their staff for their safety and security, and we all share the desire to ensure that any disaster or incident - whether natural or otherwise - has a minimal effect on the economic well-being of the country.” - The Rt Hon David Blunkett, Home Secretary, London.