What is Corporate Governance? Corporate governance is a system that enforces practices, rules, and processes throughout an organization. It ensures that all stakeholders in the establishment follow the rules and that each decision is made with the organization’s well-being in mind. Good corporate governance protects employees through honest actions.
Employees look to leadership to guide them on how to engage in the correct behaviour A number of years ago, Bernie Ebbers, co-founder of WorldCom said this: A Proposed Code of Ethics "Was a Colossal Waste of Time". We all know where that statement got him and the company. Every employee under Mr. Ebbers got the same message - find creative ways to make the numbers work.