'good corporate governance' is simply 'good business'.

May 29th, 2015
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• Rights and equitable treatment of shareholders:[13][14][15] Organizations should respect the rights of shareholders and help shareholders to exercise those rights. They can help shareholders exercise their rights by openly and effectively communicating information and by encouraging shareholders to participate in general meetings.

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Corporate Governance:Introduction:Corporate Governance may be defined as a set of systems, processes and principles which ensure that a company is governed in the best interest of all stakeholders. It is the system by which companies are directed and controlled the way they are performing acts. It is about promoting corporate fairness, transparency and accountability. In other words, 'good corporate governance' is simply 'good business'. It ensures: ?Adequate disclosures and effective decision making to achieve corporate objectives;?Transparency in business transactions;?Statutory and legal compliances;?Protection of shareholder interests;?Commitment to values and ethical conduct of business.Corporate governance also refers to the system by which corporations are directed and controlled. The governance structure specifies the distribution of rights and responsibilities among different participants in the corporation (such as the board of directors, managers, shareholders, creditors, auditors, regulators, and other stakeholders) and specifies the rules and procedures for making decisions in corporate affairs. Governance provides the structure through which corporations set and pursue their objectives, while reflecting the context of the social, regulatory and market environment. Governance is a mechanism for monitoring the actions, policies and decisions of corporations. Governance involves the alignment of interests among the stakeholders and handling the things and m

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