An Overview of Corporate Governance: Some Essentials
6 Pages Posted: 22 Apr 2011
Date Written: April 21, 2011
Corporate governance is a function of governing a corporation. Good Corporate governance promotes fairness, openness, and transparency in its responsibilities to stakeholders Good corporate governance practices facilitates economic efficiency by focusing on value-enhancing activities and aids efficient allocation of scarce resources. This is achieved when firms efficiently employ their assets, attract low cost capital, meet societal expectations and improve overall performance. This paper discusses the essential issues in corporate governance that helps to achieve these desired objectives.
Keywords: Corporate Governance, Confidence, Trust, Cost of Capital, Efficiency
JEL Classification: G30, M14, M40
Suggested Citation: Suggested Citation