Corporate Governance is
essential if we would like to see our industries and companies grow in Nigeria.
The advantage of this is that it will promote public awareness of essential
corporate values and ethical practices that will enhance the integrity of the
business environment. Companies essentially must demonstrate a commitment to
good governance practices by increasing transparency, trust and integrity. Also
to creat an environment for sustainable business operations.
essential if we would like to see our industries and companies grow in Nigeria.
The advantage of this is that it will promote public awareness of essential
corporate values and ethical practices that will enhance the integrity of the
business environment. Companies essentially must demonstrate a commitment to
good governance practices by increasing transparency, trust and integrity. Also
to creat an environment for sustainable business operations.
Most definitely, this would
result in building public trust and confidence in the Nigerian economy,
thus facilitating increased trade and investment.
result in building public trust and confidence in the Nigerian economy,
thus facilitating increased trade and investment.
Companies that are run
efficiently and responsibly run will perform very well and ultimately contribute to
strengthening the economy. The forms of companies that had good corporate
governance are all encompassing including public, private and non – profit
organization we must however note that corporate governance is not just about
how a company is directed and controlled but also about how to maximize
performance and ensure accountability to stake holders.
efficiently and responsibly run will perform very well and ultimately contribute to
strengthening the economy. The forms of companies that had good corporate
governance are all encompassing including public, private and non – profit
organization we must however note that corporate governance is not just about
how a company is directed and controlled but also about how to maximize
performance and ensure accountability to stake holders.
Corporate governance is increasingly becoming a very significant aspect
of business and organizational management, extending to international politics
and trade Laws.
of business and organizational management, extending to international politics
and trade Laws.
Major elements of corporate
governance include
governance include
1.
Good board practices.
Good board practices.
2.
Controlled environment
Controlled environment
3.
Transparent disclosure
Transparent disclosure
4.
Defined stakeholders rights
Defined stakeholders rights
5.
Accountability
Accountability
6.
Fairness
Fairness
7.
Independence
Independence
During
the NBA – AGC, many Lawyers will come together to discuss this topic and how to
chat a course going forward.
the NBA – AGC, many Lawyers will come together to discuss this topic and how to
chat a course going forward.
It
would be great for Lawyers at the AGC to join the session and understand their
rules.
would be great for Lawyers at the AGC to join the session and understand their
rules.
@Legalnaija.