Slide 3:
Good Corporate Governance It means governing the company in a value based manner.
OBJECTIVE - Enhancement of shareholder value keeping in view the interests of other stakeholders
Key Constitutes:
Shareholders
Board of directors
Management
Corporate Governance involves Promoting-
Transparency- Everything happen in the company should known to all the stakeholders.
Accountability- The management is accountable for its decision.
Equanimity- (Equitable Treatment) Rights of all the shareholders are equal, regardless of major and minor shareholding.
Impacts of a Good Corporate Governance :
Impacts of a Good Corporate Governance More efficient allocation of capital .
Encourage higher levels of efficiency, quality, and competitiveness throughout the national economy.
Boost private sector development.
Create more jobs.
Improve quality of living.
Poverty alleviation of a Nation.
How A Good Corporate GovernanceHelps In Reducing Poverty ? :
How A Good Corporate GovernanceHelps In Reducing Poverty ? Attracts investors
Lowers costs of capital
Improves performance, efficiency
Reduces risks of financial crisis
Promotes sustainable growth
Engages stakeholders
Defines responsibilities in Serving communities
CONCLUSION :
CONCLUSION There is no doubt that a strong correlation exists between good governance practices & levels of economic development in a Nation.
Good governance leads to good performance and create a positive impact on Corporate performance & National Economy.
Leaders should understand this link and respond effectively.
Slide 7:
THANK YOU