How can the company better assume economic responsibility?

Companies should have sound governance standards, comply with laws, and maintain transparency, which can help these companies grow sustainably.

Good corporate governance means that the interests of the board, management, shareholders, the company community, the value chain need to be aligned with the interests of the end customer. Company managers need to ensure that the company uses accurate and transparent accounting methods, that the company avoids conflicts of interest in selecting board members, and that the company is not engaging in illegal practices.

https://www.investopedia.com/terms/c/corporategovernance.asp

Last modified: Thursday, 7 July 2022, 12:54 AM