Summary




In this section, we learned about the historical development of corporate governance and the various theoretical frameworks provide a comprehensive understanding of how companies are governed and controlled. These theories offer different perspectives on the roles and responsibilities of corporate actors and the broader societal and institutional contexts in which they operate. For management learners, understanding these concepts is crucial as they provide the foundational knowledge needed to navigate the complex world of corporate governance. As we move forward, it is essential to recognize that good corporate governance is not just about compliance but about fostering a culture of integrity, transparency, and accountability that benefits all stakeholders.




Last modified: Friday, 18 October 2024, 12:32 PM