Discussion Post: Finance
Corporate governance is system by which company is required to conduct their business considering procedure of managing company. The board of director of company is responsible to manage corporate governance in a company.
For effective corporate governance board of directors lead to effective corporate governance:
• Make accountable for business decision taken on behalf of company.
• Keep transparent all information which is required to available to all stakeholders.
• Fairly treat to all stakeholders. That means fairly treat to creditor, Stockholder, supplier, govt etc.
• Equally treat of all employees-All of the employees of company must treat equally.
• Management of company is not involve in any mismanagement activities.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.
Reference
Chen, James. "What Corporate Governance Means for the Bottom Line." Investopedia, Investopedia.