Inclusion of stakeholders in corporate governance, makes companies more focused on the pursuit of long-term goals and sustainable development, and stakeholders will pay more attention to the development of enterprises, thereby reducing oversight costs and opportunism, and enterprises to form a long-term and stable cooperative relations based on trust, which will significantly reduce transaction costs and costs due to asymmetric information. While established stable cooperation relationship with customers, suppliers, forming the core competitiveness of the enterprise, this is a competitor to copy, or direct access.
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