What does corporate governance mean? What is the fole of the Board of Directors in a corporation?© BrainMass Inc. brainmass.com June 3, 2020, 7:11 pm ad1c9bdddf
Corporate Governance is all about promoting Corporate Fairness, Transparency and Accountability. Self-regulation for the industry is an important step towards becoming more efficient and socially responsible. Thus corporate governance is required to promote fairness, transparency, discipline and self regulation. Good governance is having a significant impact and benefit because traditionally, a company's worth was based on the tangible assets (Imhoff). More and more intangible assets such as goodwill, brand value and intellectual property are needed to be valued. ...
A definition and explanation of corporation governance and fole.