Question

According to james wolfensohn president world bank in 1999 define corporate governance in tamil

Answer 1

Explanation:

The Organization for Economic Cooperation and Development (OECD) countries took early initiatives to address Corporate Governance issues. OECD defined corporate governance to mean "A system by which business corporations are directed and controlled towards achieving the following”:

Ensuring the basis for an effective corporate governance framework

The rights of shareholders and key ownership functions

The equitable treatment of shareholders

The role of stakeholders in corporate governance

Disclosure and Transparency

Defining the responsibilities of the Board