ADVANCED CORPORATE GOVERNANCE MECHANISM: A comprensive guide to Scholars, Directors and Execetives

This book discusses the essential role of corporate governance in fostering the long-term success of businesses across all sectors. It emphasizes the necessity for leaders to extend their focus beyond their own organizations to consider the broader impact they have on the surrounding world. Consequently, the book examines corporate governance through the lens of its overarching purpose and the outcomes it aims to achieve. It addresses significant global issues, defining what constitutes effective corporate governance in the contemporary landscape and identifying specific strategies that can facilitate the desired results. In doing so, the book poses important questions regarding the long-term objectives of companies and public sector entities, as well as their contributions to society. It aims to encourage the business community to view itself within a multi-stakeholder, global framework, promoting ethical leadership and advancing practices that benefit organizations, individuals, and the environment. Our research examines corporate governance from multiple viewpoints, encompassing organizational behaviour, economics, and accounting. We incorporate various theoretical frameworks that pertain to the diverse stakeholders within the organization, while addressing corporate governance challenges at different analytical levels. This book seeks to bridge both empirical and theoretical gaps in the field of corporate governance, while also exploring the governance issues and practices prevalent in emerging countries and industries. The contributors to this book, who are esteemed authorities in their fields, have shared their insights and knowledge, resulting in a collaborative work designed to equip readers with actionable information for their professional pursuits. In the current dynamic business environment, the importance of ethical leadership, responsible decision-making, and the creation of long-term value is paramount. By implementing effective corporate governance practices, organizations can build trust with stakeholders, encourage innovation, and make a positive impact on society.