The analysis of corporate governance report

May 29th, 2015
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the recent wave of business scandals and ethical lapses heightened people, press and investor security of companies, creating demand for a culture of integrity driven performance and a new corporate transparency. Management and boards now feel compelled to ensure that proper governance processes are in place to protect corporate reputation, brand image, shareholder value. Because of this reasons the importance of corporate governance has grown up.

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Introduction:Corporate governance is a concept that has drawn attention from the corporate world globally in the last decade. Corporate governance has become a popular discussion topic in developed and developing countries. The widely held view that corporate governance determines firm performance and protects the interests of shareholders has led to increasing global attention. the recent wave of business scandals and ethical lapses heightened people, press and investor security of companies, creating demand for a culture of integrity driven performance and a new corporate transparency. Management and boards now feel compelled to ensure that proper governance processes are in place to protect corporate reputation, brand image, shareholder value. Because of this reasons the importance of corporate governance has grown up.What is Corporate Governance? Corporate governance is a system by which companies are directed and controlled. It is actually a framework which ensures the satisfaction or trade off of every stakeholder group shareholders, employees, community, customers, government, suppliers etc. In a narrow sense, corporate governance involves a set of relationships amongst the companys management, its board of directors, its shareholders, its auditors and other stakeholders. These relationships, which involve various rules and incentives, provide the structure through which the objectives of the company are set, and the means of attaining these objectives a

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