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Accelerator Application Strategy
Corporate Governance Standards
The system of rules, practices, and processes by which a company is directed and controlled to balance the interests of its stakeholders. ✨
Article Points:
1
Corporate governance is about accountability and ensuring a company is run in the best interests of its owners (shareholders).
2
Key principles include Accountability, Transparency, Fairness, and Responsibility.
3
The Board of Directors is the primary governing body, responsible for overseeing senior management.
4
Independence of the board and its key committees (like the audit committee) is crucial for effective oversight.
5
Poor governance can lead to fraud, financial loss, and severe reputational damage.
6
Good governance builds trust with investors and other stakeholders, creating long-term value.
Source:
Corporate Governance Standards
Corporate Governance Standards
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Source:
Corporate Governance Standards
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