Question
Which rewards does good corporate governance reap?
Answers
Good governance entails policies, practices, procedures and systems that strengthen the corporation, reaping internal benefits: clear governance policies, practices and procedures; improved oversight and supervision; sound organizational management; heightened risk awareness; management and mitigation; compliance with regulatory and self-regulatory requirements; appreciation and recognition of corporate citizenship; strong corporate reputation; and good triple-bottom line performance. These internal benefits in turn create and reap external benefits, including: better marketing of the corporation’s products and services; liquidity of the corporation’s bonds and shares; maintenance of corporate reputation; and improved access to capital.   Your Comment




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