The Evolution of Corporate Governance

Corporate governance encompasses the systems and processes that direct and control companies, balancing stakeholder interests for transparency and accountability. Key milestones include the Cadbury Report and Sarbanes-Oxley Act, addressing past scandals. Modern principles focus on transparency, accountability, fairness, and responsibility, with regional models reflecting diverse priorities. Challenges include greenwashing and enforcement gaps, while future trends point towards ESG integration and digital governance, underpinning sustainable capitalism.
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