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Title: &Amp;Quot;Good Corporate Governance-Its Importance For Banks And Challenges&Amp;Quot;

Essay Details

Subject: Business
Author: Michael M
Date: June 19, 2016
Level: University
Grade: A
Length: 17 / 4861
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

The principal players are the shareholders, management and the board of directors. Other stakeholders include employees, suppliers, customers, banks and other lenders, regulators, the environment and the community at large. Corporate governance is a multi-faceted subject. An important theme of corporate governance deals with issues of accountability and fiduciary duty, essentially advocating the implementation of policies and mechanisms to ensure good behavior and protect shareholders...

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Another key focus is the economic efficiency view, through which the corporate governance system should aim to optimize economic results, with a strong emphasis on shareholders welfare. There are yet other aspects to the corporate governance subject, such as the stakeholder view, which calls for more attention and accountability to players other than the shareholders (e...

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