In: Economics
write on what are the principles of corporate governance in your own words with in text citations.
also provide apa style citation below that
Accountability- The Code provides for all shareholders to be accountable to the Company's Board of Directors in accordance with applicable law and provides guidance to the Board of Directors in making decisions and monitoring the activities of the executive bodies.
Fairness- The Company is committed to safeguarding shareholder rights and ensuring fair treatment of shareholders. The Board of Directors shall provide an forum for all shareholders to obtain meaningful compensation for violations of their rights
Transparency- The Company shall provide prompt, reliable disclosure of information on all relevant facts relating to its operations, including its financial condition, social and environmental indicators, the Company's results, ownership structure and governance, as well as free access for all stakeholders to such information.
Responsibility- The Organization acknowledges the rights of all interested parties allowed by applicable law, and aims to collaborate for its own growth and financial stability with these individuals or companies.
Reference- Corporate Governance: Principles, Policies, and Practices- Robert Ian Tricker