Corporate Governance And Organizational Structure

Topics:
Business Ethics
Tags:
Business Operations,
Corporate Governance,
Corporate Governance Framework,
Corporate Law,
Organizational Structure
Source:
Thomson

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Overview: Corporate Governance (CG) is a framework consisting of laws, institutions and practices to determine and control the strategic direction and performance of the organization. The CG framework identifies and institutionalizes new avenues for making effective strategic decisions. This framework is directed towards fulfillment of organizational obligations to its shareholders. It involves the formulation of long term objectives and plans enabling efficient control of organizational processes and systems. The paper discusses the relevance and the basic principles of CG.

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Format: HTML | Size: 201KB | Date: Jan 2000 | Pages: 44


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