Summary

In this section, we learned about the key principles of corporate governance—transparency, accountability, responsibility, and fairness—are essential for building a strong and ethical foundation for any company. These principles guide the behavior of the company's leadership and ensure that the interests of all stakeholders are protected. Additionally, ethical foundations such as CSR and ethical decision-making play a crucial role in shaping the company's culture and reputation. For management learners, understanding these principles and ethical considerations is vital, as they will be the future leaders responsible for upholding good corporate governance practices in their organizations.




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