- Corporate Governance and The Board of Directors
The board of directorsis the primary direct stakeholder influencing corporate governance. Directors are elected by shareholders or appointed by other board members a… See more
InvestopediaThe Principles of Corporate GovernanceWhile there can be as many principles as a company believes make sense, some of the most common ones are: 1. Fairness: The board of directors must treat shareholde… See more
Investopedia
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- The principles of good corporate governance include12:
- Fairness: The board of directors must treat shareholders, employees, vendors, and communities fairly and with equal consideration.
- Transparency: The board should provide timely, accurate, and clear information about such things as financial performance, conflicts of interest, and risks to shareholders and other stakeholders.
- Risk management
- Responsibility
- Accountability: Accountability means to be answerable and be obligated to take responsibility for one’s actions.
- Independence
- Social responsibility: Companies should be responsible for the impact of their activities on society and the environment.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The Principles of Corporate Governance
- Fairness The board of directors must treat shareholders, employees, vendors, and communities fairly and with equal consideration.
www.investopedia.com/terms/c/corporategovernan…Principles of Corporate Governance
- Accountability Accountability means to be answerable and be obligated to take responsibility for one’s actions. By doing so, two things can be ensured- ...
byjus.com/current-affairs/corporate-governance/ - People also ask
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