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  • Essay / Weaknesses of corporate governance - 1032

    First of all, it requires future managers to encourage and build good relationships with the rest of the actors in the business sector in order to ensure a harmonious coexistence of the business environment in the business environment. Corporate governance should encourage the participation of all stakeholders involved in the business. This ensures that the atmosphere and attitude within companies is conducive to successful corporate governance. The study also highlights the importance of involvement in decision-making by managers and CEOs. This ensures proper decision-making as well as a consultative and well-informed arrival on important company decisions. This notion helps the reader understand the importance of involving all participants in corporate governance. It also states that managers must also be responsible for the running of the business.