CORPORATE GOVERNANCE

• CORPORATE GOVERNANCE

  -Org. and corp. are directed and controlled.
• CORPORATE GOVERNANCE

  Balancing the stakeholder interests.
• 1. Accountability

  -Board is accountable to shareholders.
• 1. Fairness

  -Treating all stakeholders reasonably.
• 1. Independence

  -Procedures and structures are 

  in place to minimize conflict of 

  interest.
• Purposeful strategic direction – Identify the most beneficial opportunities to allocate resources.
• 1. Transparency

  -Nothing to hide, allowing transactions to be observable to outsiders.
• • Retention of staff – Clear vision communicated becomes motivation.
• Improvement in profitability – Good report helps create a good corporate decision.
• Board of Directors

  -Oversee governance of an organization.
• Audit Committee 

  -Monitoring the financial policies and procedures of the organization.
• Compensation Committee

  -Compensation
• 1. Long-run self-interest

  • Use their resources to reduce social problems.