what is corporate governance principles definition?

QuestionsCategory: Questionswhat is corporate governance principles definition?
Rajat singh asked 1 year ago

what is corporate governance principles definition?

1 Answers
Kailash Takur answered 1 year ago

what is corporate governance definition?
Corporate governance is the system of regulating of the company and provides balancing the interests of a company’s many stakeholders, such as shareholders, management, customers, suppliers & etc.
 corporate governance principles definition

  • Accountability: The Government provides for accountability of the Company’s Board of Directors to all shareholders.
  • Fairness: Government maintains fairness for shareholders.
  • Transparency: Transparency means openness, a willingness by the company to provide clear information to shareholders and other stakeholders.
  • Responsibility: The Board of Directors are given authority to act on behalf of the company. They should, therefore, accept full responsibility for the powers.
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