Corporate governance refers to the process by which corporate entities are managed, directed and controlled. The importance of Corporate Governance lies in its contribution both to business prosperity and to accountability. Corporate bodies are traditionally known as engines for driving the economic performance of an entity, its success being measured in terms of high returns on equity at individual plane and its contribution to the nation’s economic growth on a collective plane. Good corporate governance is often seen as the art of good housekeeping. More over, with transparency and independence as key ingredients, it provides a market-oriented framework for the management and operations of companies.
Indian Member 40.00
Others Member 3.00