CORPORATE GOVERNANCE: WHAT IT IS AND WHY IT MATTERS?

May 29th, 2015
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Adelphi University
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1.1 INTRODUCTION Corporate governance is the set of processes, customs, policies, laws and institutions affecting the way a corporation (or company) is directed, administered or controlled. Corporate governance also includes the relationship among the many stakeholders involved and the goals for which the corporation is governed. In simpler terms, it means the extent to which companies are run in an open and honest manner.

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CORPORATE GOVERNANCE1.1 INTRODUCTIONCorporate governance is the set of processes, customs, policies, laws and institutions affecting the way a corporation (or company) is directed, administered or controlled. Corporate governance also includes the relationship among the many stakeholders involved and the goals for which the corporation is governed. In simpler terms, it means the extent to which companies are run in an open and honest manner.1.2 NEED FOR THE STUDYThe practice of corporate governance concentrates on stakeholders protection, especially investors protection. Good corporat

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