Abstract

The purpose of this article is to demonstrate that corporate governance is essential to the continued functioning of any company, and much attention has been given to its governance processes. In the same way, sustainability is essential to every company's continued functioning and is perhaps the current trendy idea. Whilst it is obvious what corporate governance usually means, the meaning of sustainability is much less clear, and the article revealed how corporate governance and corporate sustainability interact. A cross-sectional design was followed and the data was gathered from 160 company respondents. The findings of the correlation study indicate an important direct corporate governance and corporate sustainability connection among companies. This research may also be used to detect the effects of corporate governance on company sustainability performance and growth. Keywords: Corporate Governance, Corporate Sustainability, Organizational sustainability, Corporate Authority, Governance

Highlights

  • Corporate governance specifies the framework within which corporations are managed and controlled i.e., corporate objectives and performance monitoring against these goals

  • Descriptive statistics Descriptive statistics for corporate governance is given below showing a minimum score of 2 and highest score of 5, while mean values can be seen between the decimals of 4

  • What can be said; is that a company which understands both sustainability and corporate governance can fully address these problems including a more comprehensive knowledge of the connections will lead to improved corporate governance, which means that these assumptions are true

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Summary

Introduction

Corporate governance specifies the framework within which corporations are managed and controlled i.e., corporate objectives and performance monitoring against these goals. Good corporate governance seeks to give board management with incentives to achieve the goals which the firm and its shareholders are interested in (Aras & Crowther, 2008). The questions of board diversity and the ethical code of a firm are taken into account while measuring the efficacy of decision-making by a corporation (Aggarwal, 2013; Bae, Masud, Kaium & Kim, 2018) They are not conventional, they are seen as indications of autonomous and responsible decision-making. Corporate governance specifies a range of connections between the management, board, shareholders and other shareholders of a firm This is the method through which managers and auditors handle their duties towards shareholders and broader companies. Corporate management would refer to designing structures to enable managers to internalize the welfare of stakeholders in the company (Klettner, Clarke, & Boersma, 2014)

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