DMPQ: What is corporate governance? What are the importance of corporate governance? (polity)

Corporate governance is the system, principles and group of procedure through which company is

132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z"/> Subscribe on YouTube
governed. It is sum of those principles , ideal values and code which inspire an institution to behave morally and with transparency.

 

Importance of CG:

  • It is helpful in the increment of transparency, accountability and relevance.
  • To discuss policies among people and informing them.
  • Helps in taking effective decision.
  • Maintain transparency in exchange of business.
  • In accordance with the law.
  • Must exercise to protect the rights of the shareholders.
  • Adherence to the business values and moral behaviour.

 

 

error: Content is protected !!
Exit mobile version