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Posted AT 1:00 PM EST on 10/11/08

Good governance and tough times

Globe and Mail Update

In a year of economic turmoil, tight credit and volatile stock markets, it's easy to imagine corporate directors could have a lot more on their minds than issues of corporate governance. But many of Canada's most senior directors have told Report on Business they believe good governance is never more important than in difficult times. A good board today is weighing risks, safeguarding cash and managing compensation, they argue.

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