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Who has defined following concept of corporate governance? "Corporate governance is defined as holding the balance between economic and social goals and between individual common goals. The governance framework is there to encourage the efficient use of resources and equally to require accountability for the stewardship of those resources."

A. K. Keasay

B. Cadbury Committee

C. J. J. Irani Committee

D. Ronald R. Sims

Answer: Option B


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