Corporate Governance can simply be defined as
the system of practices, rules and procedures by which an enterprise is
controlled and directed. There may be a moment when you are unable to work on a
corporate governance assignment due
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Do you find this management topic impossible or at least tough to handle? It
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Firstly, you need to understand the basic and
in-depth concept of corporate governance. You need to remember that it
essentially involves balancing all the interests of an enterprise’s
stakeholders like management, shareholders, suppliers, customers, financers,
and so on. You even need to realize that corporate governance even provides the
structure to attain an enterprise’s objectives. It is also something that’s
meant to practically cover each sphere of management, starting from the
internal controls and action plans to corporate disclosure and performance
measurement.
Phew!!! Are you feeling dizzy? If yes, then
just control your emotions and keep reading the blog as whatever was stated
above was only a tip of the iceberg. Don’t read anything political into the
word ‘governance’ along with the other word ‘corporate’. Always remember that
governance particularly refers to the group of controls, rules, resolutions and
policies all put into place for dictating corporate attitude. You should even
keep in mind that shareholders and temporary advisors are crucial stakeholders
who impact corporate governance indirectly but they can’t be examples of this
governance in themselves. On the other hand, the board of directors is crucial
in corporate governance. This board can result in major consequences for equity
valuation.
Yes, you may be feeling badly puzzled after
reading all this management jargon stated above and cursing the assignment
topic of corporate governance. You may even feel like cursing the entire
corporate world across the globe just because your academic assignment is going
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