Skip to main content

Posts

Showing posts from June, 2021

Corporate Governance

Introduction to Corporate Governance In the current business context, the top management of organizations were made responsible to many financial scandals in relation to accounting and fraudulent activities (e.g. Enron, Worldcom, and Adelphia). This has also brought into light the question of whether organizations strive towards meeting the best interests of shareholders and other company stakeholders including employees, general community etc. Many identify that this is because most top managers consist of high power within organizations and therefore lack of accountability and control of business operations is common.  Therefore research has been conducted to generate effective and solutions that lead to good company governance. Corporate governance is identified as the combination of trust, ethics, moral values and confidence of all the stakeholders, including government; the general public etc.; professional/service providers – and the corporate sector. Corporate governance is c...