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Corporate governance is the system of rules, practices and p

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nida karim

on 1 February 2018

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Transcript of Corporate governance is the system of rules, practices and p

Corporate governance is the system by which organizations are directed and controlled by senior officers
Governance Principles
-Minimize risk
-Ensure adherence to the strategic objectives of the organization
-Fulfill responsibilities to all stakeholders
-To establish clear accountability
-Maintain the independence
-Provide timely and accurate reporting
-Encourage more proactive involvement
-To promote integrity
In your opinion what could be the driving forces of Governance Development?
Features of Poor Corporate Governance
Domination by a single individual
Lack of involvement of board
Lack of adequate control function
Lack of independent scrutiny
Lack of contact with shareholders
Emphasis on short term profitability
Misleading accounts and information
Perspectives on Governance
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