Corporate Governance and Ethics in Modern Business
Keywords:
Corporate governance, Ethics, Business, Stakeholders, Accountability, Organizational performanceAbstract
Corporate governance and ethics play a pivotal role in shaping the behavior and operations of modern businesses. This scholarly article delves into the intricate relationship between corporate governance mechanisms, ethical principles, and their impact on organizational performance and sustainability. By examining key theories, best practices, and case studies, this paper elucidates the importance of effective governance structures and ethical frameworks in fostering trust among stakeholders, enhancing accountability, and mitigating risks associated with corporate misconduct. Moreover, it explores emerging trends and challenges in corporate governance and ethics, providing insights into potential avenues for future research and practical implications for business leaders and policymakers.