Business Studies, asked by TbiaSamishta, 1 year ago

How can these unethical practices be reduced through implementing code of corporate governance?

Answers

Answered by aqibkincsem
0

"""Corporate governance is a title which belongs to the various policies and diverse processes using which a corporation or any complex institution can be controlled and directed. 

It is the way power and accountability flow between the executive class officers, CEO, managers, the board of directors and shareholders.

There is a structure which directs accountability and power and thus leads to good ethics.

Accountability flows up the chain and power down the chain of command. There are many rules about how the power is to be implemented hence good ethics is guaranteed, and erratic behavior is stopped.

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