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    Murthy Rajanala
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    Corporate governance involves the system by which companies are directed and controlled through regulatory and market mechanisms. It includes the roles and relationships between a company's management, board of directors, shareholders, and other stakeholders. While regulators and investors often tout the virtues of good corporate governance, what exactly constitutes good governance differs for each organization based on its unique circumstances. To practice good governance, organizations should document governance principles, committee charters, employee complaint procedures, and formalize employee performance evaluations. Approaches to governance vary across regions like Continental Europe, India, the United States, and the United Kingdom.

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    Corporate governance involves the system by which companies are directed and controlled through regulatory and market mechanisms. It includes the roles and relationships between a company's management, board of directors, shareholders, and other stakeholders. While regulators and investors often tout the virtues of good corporate governance, what exactly constitutes good governance differs for each organization based on its unique circumstances. To practice good governance, organizations should document governance principles, committee charters, employee complaint procedures, and formalize employee performance evaluations. Approaches to governance vary across regions like Continental Europe, India, the United States, and the United Kingdom.

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    8 views8 pages

    School of Management Studies: Business Ethics and Governance

    Uploaded by

    Murthy Rajanala
    Corporate governance involves the system by which companies are directed and controlled through regulatory and market mechanisms. It includes the roles and relationships between a company's management, board of directors, shareholders, and other stakeholders. While regulators and investors often tout the virtues of good corporate governance, what exactly constitutes good governance differs for each organization based on its unique circumstances. To practice good governance, organizations should document governance principles, committee charters, employee complaint procedures, and formalize employee performance evaluations. Approaches to governance vary across regions like Continental Europe, India, the United States, and the United Kingdom.

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    SCHOOL OF MANAGEMENT STUDIES BUSINESS ETHICS AND GOVERNANCE

    R.S.N.Murthy 10021E0023 MBA 4rd Semester

    Corporate governance is "the system by which companies are directed and controlled" (Cadbury Committee, 1992). It involves regulatory and market mechanisms, and the roles and relationships between a companys management, its board, its shareholders and other Stakeholder (corporate stakeholders), and the goals for which the corporation is governed.

    Rights and equitable treatment of shareholders Interests of other stakeholders

    Role and responsibilities of the board


    Integrity and ethical behavior Disclosure and transparency

    Regulators, courts and investors frequently extol the virtues of 'good corporate governance' in organizations but often fail to define exactly what that means. It is important to understand that what would be considered 'good corporate governance' differs for each individual organization according to its circumstances

    Document governance principles Document committee charters Within charters A compensation committee An audit committee Employee complaint procedures should be made available to all employees Formalize employee performance evaluations

    Continental Europe India The United States and the UK

    Thank You

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