Corporate governance presents opportunities to manage risks and add value. Views of corporate governance are shifting from mere obligation and compliance with norms, laws and listing standards, to a business imperative for many companies. Integrating corporate governance into the strategy has become a competitive necessity. While no single universal model of corporate governance exists nor is there a static, final structure in corporate governance that every country or enterprise should emulate, transparency and disclosure are key attributes of any model of good corporate governance.
- Corporate governance,
- Competitive advantage