Business Ethics Corporate Governance

Business Ethics Corporate Governance
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  BUSINESS ETHICS AND CORPORATE GOVERNANCE   W HAT   IS   “C ORPORATE  G OVERNANCE    It is a set of Methods / Practices by which business is carried on, directed and controlled in a corporate form of business organization.  Board of Directors are primarily responsible for governance.  Quality of Corporate Governance determine the growth and future of the business.  CORPORATE GOVERNANCE Corporate Governance means doing everything better, to improve relations between companies and their shareholders; to improve the quality of outside Directors; to encourage people to think long term; to ensure that information needs of all stakeholders are met and to ensure that executive management is monitored properly in the interest of shareholders. Corporate governance is about promoting fairness, transparency and accountability.  CORPORATE GOVERNANCE  Corporate governance structure specifies the distribution of rights and responsibilities among different participants in the company such as board, management, shareholders and other stakeholders and spells out the rules and procedures for corporate decision-making.  By doing this it provides the structure through which the company’s  objectives are set along with the means of attaining these objectives as well as for monitoring performance.

8 b r_2016

Jul 28, 2017
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