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    Tuto1 Adm321

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    NAJWA ALEYA AZMIR
    Corporate governance is a framework that promotes transparency, accountability, and ethical behavior within a company. It encompasses the roles and responsibilities of the board of directors, the relationship between shareholders and management, transparency in reporting, and accountability for actions.

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    Tuto1 Adm321

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    NAJWA ALEYA AZMIR
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    Corporate governance is a framework that promotes transparency, accountability, and ethical behavior within a company. It encompasses the roles and responsibilities of the board of directors, the relationship between shareholders and management, transparency in reporting, and accountability for actions.

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    TUTO1_ADM321

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    Corporate governance is a framework that promotes transparency, accountability, and ethical behavior within a company. It encompasses the roles and responsibilities of the board of directors, the relationship between shareholders and management, transparency in reporting, and accountability for actions.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    5 views2 pages

    Tuto1 Adm321

    Uploaded by

    NAJWA ALEYA AZMIR
    Corporate governance is a framework that promotes transparency, accountability, and ethical behavior within a company. It encompasses the roles and responsibilities of the board of directors, the relationship between shareholders and management, transparency in reporting, and accountability for actions.

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    © All Rights Reserved
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    GROUP MEMBERS

    1. DANIA MARIA AMINUDDIN


    2. NAJWA ALEYA AZMIR
    3. NURHASLINDHA AMISHA
    4. ALIF HAIKAL

    EXPLAIN CORPORATE GOVERNANCE

    Corporate governance is a vital aspect of how a company operates and is managed. It


    encompasses a set of principles, policies, and practices that aim to ensure the proper
    direction and control of a company. At its core, corporate governance is about
    establishing a framework that promotes transparency, accountability, and ethical
    behavior within an organization.

    One key element of corporate governance is the board of directors. The board plays a
    crucial role in overseeing the company's activities and making strategic decisions. It is
    responsible for setting the company's objectives, appointing top executives, and
    monitoring their performance. The board also ensures that the company complies with
    relevant laws and regulations.

    Another important aspect of corporate governance is the relationship between


    shareholders and management. Shareholders, as the owners of the company, have the
    right to elect directors and vote on important matters. They rely on accurate and timely
    information to make informed decisions about their investments. Management, on the
    other hand, is responsible for running the day-to-day operations of the company and
    maximizing shareholder value.

    Transparency is a key principle of corporate governance. Companies are expected to


    provide clear and comprehensive information about their financial performance,
    corporate strategy, and risks. This helps investors and stakeholders assess the
    company's health and make informed decisions. Regular financial reporting, disclosure
    of conflicts of interest, and independent audits are some of the ways companies can
    enhance transparency.

    Accountability is another fundamental aspect of corporate governance. Directors and


    executives are accountable to shareholders and other stakeholders for their actions.
    They are expected to act in the best interests of the company and its shareholders,
    rather than pursuing personal interests. Effective corporate governance mechanisms,
    such as performance evaluations and executive compensation plans, help ensure
    accountability.

    Ethical behavior is a cornerstone of good corporate governance. Companies are


    expected to operate with integrity, honesty, and fairness. They should have a code of
    conduct that guides employees' behavior and promotes a culture of ethics and
    compliance. This helps build trust with stakeholders and protects the company's
    reputation.

    In conclusion, corporate governance is a framework that promotes transparency,


    accountability, and ethical behavior within a company. It encompasses the roles and
    responsibilities of the board of directors, the relationship between shareholders and
    management, transparency in reporting, and accountability for actions. By adhering to
    good corporate governance practices, companies can enhance their reputation, attract
    investors, and foster long-term success.

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