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Accountancy Forum The Profession Corporate Governance v
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corporate governance.....

 
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corporate governance.....
shabraatee
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#1
07-09-2004, 04:16 AM
Corporate Governance looks at the institutional and policy framework for corporations - from their very beginnings, in entrepreneurship, through their governance structures, company law, privatisation, to market exit and insolvency. The integrity of corporations, financial institutions and markets is particularly central to the health of our economies and their stability Corporate governance deals with the rights and responsibilities of a company’s management, its board, shareholders and various stakeholders. How well companies are run affects market confidence as well as company performance. Good corporate governance is therefore essential for companies that want access to capital and for countries that want to stimulate private sector investment. If companies are well run, they will prosper. This in turn will enable them to attract investors whose support can help to finance faster growth. Poor corporate governance on the other hand weakens a company’s potential and at worst can pave the way for financial difficulties and even fraud.


Friends is this what we call corporate governance...?



For all we ought to have thought,
But have not thought,
For all we ought to have said,
But have not said,
For all we ought to have done,
But have not done,
I pray to The God,
For forgiveness.
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