mod.5............one
Instructions
THIS IS A DOCTORAL LEVEL COURSE, IN DOCTORATE OF BUSINESS ADMINISTRATION PRPOGRAM, THIS COURSE IS CALLED (Organizational Governance and Accountability). PLZ BE PROFESSIONAL...EVERYWEEK, WE HAVE A MODULE, HERE IS THE SUMMARY OF THIS WEEK MODULE, SO U CAN UNDERSTAND WHAT THIS WEEK'S LESSON IS ALL ABOUTModule 5: Governance vs. PerformanceThere is a relationship between corporate governance and the performance of organizations. While good governance doesnt guarantee good organizational performance, it is an essential ingredient for successful organizational performance. Evidence has shown that the adoption of good corporate governance practices can enhance the transparency of an organization, as well as increase accountability and profitability, thereby protecting the interest of the shareholders. Conversely, when we examine companies that have major corporate scandals or inexplicable business failures, corporate governance is typically an issue. There are many advantages of good corporate governance, including helping an organization comply with local, state, and federal regulations, which in-turn can help reduce potential fines or lawsuits. Corporate governance necessitates setting specific rules for things like nepotism, personal use of company credit cards, conflicts of interest, transparency, etc. Accordingly, good corporate governance can also help decrease fraud and conflicts of interest. As a result, organizations can have an improved reputation, which can be beneficial in many ways. Good governance matters!****************HERE IS THE PROMPT******************Based on module 5, and other course readings, discuss the role of corporate governance on modern organizations. Specifically address how governance can affect performance.************YOUTUBE VIDEOS TO WATCH IF YOU WANT********https://www.youtube.com/watch?v=j3NXRYPCytw**********CHECK ATTACHED PDFS********
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