Corporate Internal Explainer
Description
Vocal Characteristics
Language
EnglishVoice Age
Middle Aged (35-54)Accents
British (General) British (Received Pronunciation - RP, BBC)Transcript
Note: Transcripts are generated using speech recognition software and may contain errors.
corporate governance is the set of processes, customs policies, laws and institutions affecting the way a corporation is directed, administered or control. Corporate governance also includes the relationships among the many stakeholders involved on the goals for which the corporation is governed. Principal stakeholders are the shareholders management on the board of directors. Other stakeholders include employees, suppliers, customers, banks and other lenders, regulators, the environment and community at large. Corporate governance is a multifaceted subject. An important theme of corporate governance is to ensure the accountability of certain individuals in an organisation through mechanisms that try to reduce or eliminate the principal agent problems. It is a subject every manager within an organisation should become well acquainted with.