Corporate Governance and Ethics in Business – Channel 2 Growth

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Corporate governance refers to the systems, processes, and practices that govern how a company is directed and controlled. It ensures that the interests of shareholders, stakeholders, and the broader community are protected by establishing clear roles, responsibilities, and decision-making procedures for a company’s leadership.

Ethics in business refers to the principles and standards that guide behavior within the corporate world, emphasizing fairness, integrity, and transparency. Ethical business practices ensure that decisions and actions align with moral values and legal standards, fostering trust and long-term sustainability. Together, corporate governance and ethics aim to ensure that businesses operate responsibly and with accountability.