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Research Topic Role of corporate governance persuasive style research

Research Topic

Role of corporate governance

persuasive style research

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Answer #1

CORPORATE GOVERNANE

It is the set of rules regulations etc a firm should follow.Along with attaining the organisational objective, a firm should satisfy the needs of the stakeholders also. It includes internal as well as external parties. The company should communicate with shareholders what type of governance they are following . These corporate governance are prepared by the board of directors.The corporate governance includes action plans, performance measurement,contracts with interested parties, dividend policies etc. If a firm follows corporate governance it will benefited to the organisation as well as the stake holders. If not , the firm cannot exist in the long run. Meaning what a company should balance their organisational objective with the stake holders interests. If there is a well defined format for corporate governance in an organisation , they they can easily implement what their aim is.

ROLE OF CORPORATE GOVERNANCE

It helps to maintain a good relation with all the stakeholders,ie while satisfying their all objective with organisational goal. this will helps to maintain a good relation among them.So definitely it will positively affect the organisation in the long run

CG is the set of rules and procedures for a good work. If the firm firm follow those things they can make a good business, like it helps to take proper decision at the correct situation.

Efficient and strong CG will helps for the success of organisation. Like it will helps to identify the risk associated with business

A good corporate governance displays transparency in operation. Which depicts the principle of accounting. ie full disclosure.

In order to satisfy social responsibility , the firm has to follow the corporate governance.

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