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Governance is the set of structural features needed to effectively manage a company oriented toward the creation of value. Starting by considering an organization as a viable system, whose ability to survive depends on actions by the governing board and the pressure and expectations expressed by the various super-systems, it is possible to answer the following questions: what is meant by corporate system governance? Under what conditions is such governance effective? The answer to these questions starts from framing the problem within a systemic approach to corporate governance.
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Golinelli et al. (2002) studied this question.
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