NOTES OF CORPORATE GOVERNANCE.
Corporate Governance: Modules 1 to 6 Explanation with Examples Corporate governance refers to the system of rules, practices, and processes by which a company is directed and controlled. It ensures accountability, fairness, and transparency in a company's relationship with stakeholders. Below is a detailed breakdown of Module 1 to Module 6 , with clear examples. Module 1: Introduction to Corporate Governance Key Concepts: Definition and Importance – Corporate governance defines the structure and process for managing a company to enhance long-term shareholder value while considering stakeholders' interests. Principles of Corporate Governance: Transparency Accountability Fairness Responsibility Role of Stakeholders: Shareholders Board of Directors Management Employees Customers Government Example: A company like Tesla has a governance structure that ensures decisions made by CEO Elon Musk align with shareholders' interests. The board oversees majo...