Business Studies, asked by sagarhabwani, 7 months ago

The need for corporate Governance is realised for confidence building change management, investment and ______.​

Answers

Answered by preetiguleria13
0

Answer:

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Answered by roopa2000
0

Answer:

Corporate governance is the collection of laws, procedures, and regulations that govern how corporations are run.

Explanation:

good corporate governance:

  • Stronger growth and more inclusive societies are supported by good corporate governance, which aids in creating the climate of trust, openness, and accountability needed to promote long-term investment, financial stability, and commercial integrity.
  • The goal of corporate governance is to support efficient, innovative, and responsible management that can ensure the long-term success of the business. Corporate governance is the framework for managing and directing businesses. The governance of corporations is the responsibility of the boards of directors.
  • Corporate governance that is up to par can help you compete on a global scale with other businesses. Transparency, responsibility to shareholders and the community, strong corporate trusteeship, and the protection of employees' welfare are all characteristics of good corporate governance.

4 basic objectives of corporate governance:

  • accountability
  • transparency
  • fairness  
  • responsibility

hence Corporate governance is the collection of laws, procedures, and regulations  

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