Sustainability Awards-Shellmith

Sustainability Awards-Shellmith

Corporate governance is concerned with the practice of directing, organizing, and controlling the company based on good corporate governance principles such as transparency, accountability, responsibility, independence, and fairness. Corporate governance enhances the firms’ performance by creating and maintaining a business environment that motivates managers and entrepreneurs to maximize operational efficiency, returns on investment and long–term productivity growth. They also ensure corporate conformance with investors’ and society’s interests and expectations by limiting the abuse of power, the siphoning–off of assets, the moral hazard and the wastage of corporate-controlled resources (agency problems). Corporate governance will in turn lead to sustainability.

Awards given to participants

 

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