This paper presents the contribution of corporate governance to the risk management system of an enterprise from the perspective of the financial leverage. We assume that companies with a strong corporate governance framework are likely to enhance the optimality of their financial structure.<br> We...

The objectives of enterprises, their internal organization and the environment in which they operate evolve permanently; thus, the risks they are exposed to permanently change, influencing performance and even putting their existence in danger. Therefore, corporate governance may sometimes refer...