The word governance originated in Plato’s time in 350 BC from the ancient Greek word “Kuβernao”, which means to steer.
Governance is the act of governing in organisations and relates to leadership, policies, procedures, systems, and decision-making. Steering by practicing good corporate governance is the best way of meeting a fund’s, or company’s goals and requirements, while minimizing risk in a litigious business world.
“Good Corporate Governance is about “intellectual honesty” and not just sticking to rules and regulations, capital flows towards companies that practise this type of good governance”
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