Question

Describe Amazons corporate governance. (just a short answer please)

Answer 1

Amazon brings corporate governance by focusing upon the value creation for its customers that results in the value creation for the shareholders. As a part of corporate governance, the organization takes initiatives in setting up eCommerce business, distribution network, logistics & different functions with a perspective of long term so that value creation is not compromised. To achieve it, the organization brings top talents on board who work relentlessly with an ethical perspective to succeed in different overseas environment. It has helped the organization to respect the culture, social preferences and local values by promoting the customized products & services on offer. It makes the communities to get associated with Amazon easily and it has happened because Amazon has given preferences to deliver value for its customers, rather just making profits for themselves. It sums up the corporate governance followed by Amazon that has always put customers, their interests and their expectations at top priority and it is used as a channel to drive value for the shareholders.

Reference:

Corporate Governance. Retrieved from: http://phx.corporate-ir.net/phoenix.zhtml?c=97664&p=irol-govhighlights