Before we get into the more in-depth questions – and explore WHY we still see the same corporate failures 25 years after various codes have been in operation – I think it is important to answer questions such as: What do we mean by corporate governance? What is good governance? What is important for effective governance?
Corporate governance is often misunderstood, yet it remains the fundamental framework upon which sustainable and ethical businesses are built. Without clear oversight and accountability, long-standing institutions remain vulnerable to the pitfalls of poor decision-making and ethical drift.