Question

Corporate governance involves a set of relationship between a company’s management, its board, its shareholders and other stakeholders. Using University of Education, Winneba, as a case study, examine the roles of these actors in strategy formulation and accountability in ensuring good corporate governance.

Answer 1

Corporate governance is a way of regulation practices and how an organization is work and control. Corporate governance, importantly, including balancing the interest of an organization's many stakeholders. Such as shareholders management buyer suppliers to fund supporter government and the group. Scenes corporate governance also gives the substructure for having the organization's motive. It bound practically every part of management from action ideas and internal controls to result in level and corporate disclosure. It conductor business by shareholder desires while confirming the society's basic rules embodied in the lower and local customs. It has a broad scope. It includes both social and institutional aspects and encourages a trustworthy moral as well as an ethical environment. It is an essential part of strategic management that can improve firm performance. Good governance exercise requires shareholders' active participation in the direct and indirect control of teamwork by the board of directors. Positioning for manufacturing checks and making stable among the shareholder's boards of directors and management of corporate governance ease of use of interest to us as a determined corporate organization governance strategy is off. The attention to us as a learn the organization's strategy and how it is to implement it is also important to us because the corporate governance Framework defines the organization is there to serve and how the organization's priorities and purpose are determined.