Corporate Governance research paper
Date Submitted: 11/10/2004 02:17:11
MANAGING PEOPLE
Managing people is about effectively co-ordinating, directing and guiding people towards the achievement of organisational goal.
By people we mean board members, managers, workers, shareholders and other stakeholders (public).
CORPORATE GOVERNANCE
Corporate Governance has become a typical issue at the moment and is attracting a good deal of public interest because, of its apparent importance for the economic health of corporations and society in general. This scrutiny was provoked by the Enron, World
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organisation's culture.
Substance is very important to good corporate governance. An organisation can have an excellent corporate governance structures and policies on paper but if the CEO and directors are not focused on stockholders and shareholders interests, it can spell disaster.
Good Corporate Governance should set principles and values that look out for the interest of shareholders, stakeholders, as well as, the society as a whole. It is about promoting corporate fairness, transparency and accountability.
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