“Good Corporate Governance is about intellectual honesty and not just sticking to rules and regulations. It has been observed that capital comfortably flows toward companies that practice this type of good governance”. B

Good Corporate Governance is integral to the existence of the company and ensures the following:- Corporate Performance - Improved governance structures and processes ensure quality decision making, encourage effective succession planning for senior management and enhance long-term prosperity of companies. Enhanced Investor Trust - Investors consider corporate governance as important financial performance when evaluating companies for investment. Better Access to Global Market - Corporate governance systems attracts investments from global investors. Combating Corruption - Companies that are transparent, provide environment where corruption would certainly fade out. Easy finance from Institutions - The credit worthiness of a company can be trusted on the basis of corporate governance practiced in the company. Enhancing Enterprise Valuation - Improved management accountability and operational transparency increases the value of corporation. Reduced Risk of corporate crisis and scandals - Effective corporate Governance ensures efficient risk mitigation systems in place. Accountability - Good Corporate Governance practices create the environment whereby Boards cannot ignore their accountability to the stakeholders. The above mentioned factors make it clear that good corporate governance can help companies improve their performance and gain access to capital.