Corporate Governance is all about Responsibility

• Date: November 11, 2009
• Source: External

Business inception implies that all the intended goals are met and it has a successful run for a long-term. The top management or the Board of Directors has the responsibility of defining the intended vision and work towards the fulfillment of the vision. Clarity of definition means everybody in the organization is on the same platform and is committed to achieve the goals.

Further, the whole act should translate into adding economic value and sharing this commensurately with all the members. More on the underlying principles of corporate governance read on