Corporate Governance

SIRTAJ KAUR

Abstract: Corporate Governance (CG) is the key to well-managed system by which companies are directed and controlled. Boards of directors are responsible for the governance of their companies the shareholder’s role in governance is to appoint the directors and the auditors and to satisfy themselves that an appropriate governance structure is in place. It is the relationship between the shareholders, director and management of a company as defined by corporate policies and rule law. The Corporate governance system was designed to help oversee the decisions and best interest of the shareholder. Corporate governance focus is with promoting enterprise to improve efficiency and to address disputes of interest which can be force upon burden on the business. This helps company business to improve its enterprise standard and public governance. Thus, responsible corporate governance is both from CSR (Corporate Social Responsibility) and good governance perspective. Keywords: Governance, CG, CSR, Strategic decision, Public interest, financial performance, Stakeholders, Democracy, Board composition. Title: Corporate Governance Author: SIRTAJ KAUR International Journal of Management and Commerce Innovations ISSN 2348-7585 (Online) Research Publish Journals

Vol. 4, Issue 1, April 2016 – September 2016

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Corporate Governance by SIRTAJ KAUR