Corporate Governance
Corporate governance is like the rules of a well-run game, ensuring companies play fairly, transparently, and ethically. In today’s world, where big businesses can impact economies, environments, and society, having strong corporate governance is a must. It’s like keeping a referee on the field to make sure no one’s sneaking offside or scoring an unfair goal. Good governance helps companies make decisions that benefit everyone – from shareholders and employees to customers and the planet.
Without corporate governance, companies could become like pirates on a treasure hunt, chasing profit without care for the rules. This could lead to scandals, mismanagement, or even financial crashes – not exactly the plot twist anyone wants! So, having good corporate governance helps keep businesses on the straight and narrow, creating a stable and trustworthy environment where everyone can win.
By CA L.Muralidharan and CPA L.Mukundan
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