The role of corporate governance in establishing the scientific basis for The work of joint stock companies

The government of companies is considered one of modern concepts which appeared in the last decade of twentieth century . Lately, it is interested by many advanced and undeveloped counties as a result of many cases of administrative and financial failure that grate companies in Us and east of Asia have faced . So work should include mechanisms and system which enable to control between bearers of companies shares and its administrative committee besides ensuring the rights of all parties that deal with the company and affected by its activity and practices and this is known ( Government of Companies) .