Good corporate governance cannot guarantee that decisions that are great will always be made: running a company is fraught with risk and supervisors can -- and frequently do -- make mistakes. What good government does is ensure there is accountability and that decisions are taken in a proper manner. The current experience of freely traded firms has shown that good governance needs both fluid and transparency communication between the essential interest groups -- that's, between the top management and the board of directors; among the board and stockholders; and between investors and society at large.
PUBLICATION DATE: June 19, 2014 PRODUCT #: IIR118-PDF-ENG
Transparency, a Rising Trend in Listed Companies Case Study Solution
This is just an excerpt. This case is about FINANCE & ACCOUNTING
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