corporate governance knowledge

Why is Corporate Governance Important for Business Leaders?

For business leaders, understanding corporate governance is crucial for several reasons:
1. Accountability: It ensures that the company's management is accountable to the Board of Directors and, ultimately, to the shareholders.
2. Risk Management: Good governance practices help in identifying and mitigating risks.
3. Reputation: Companies with strong governance are viewed more favorably by investors and the public.
4. Compliance: Ensuring adherence to laws, regulations, and ethical standards.
5. Sustainable Growth: Facilitates long-term strategic planning and sustainable business practices.

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