Defining ethical corporate governance compliance

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Reference no: EM132920133

In general, the boards of directors face different types of conflicts. First, they face major conflicts of interest, which could include salaries and perks, misappropriation of company assets, self-dealing, appropriating corporate opportunities, insider trading, and neglecting board work. Second, they also face conflicts that emerge when the interests of stakeholder groups are not appropriately balanced or harmonized. There are also possible conflicts between different classes of stakeholders. Lastly, conflicts may arise between a company and society and evolve when a company acts in its own interests at the expense of society. Should boards of directors make decisions by following legal compliance or ethical compliance? You are required to analyze, debate, and make your stand on the topic below using appropriate examples.

Ethical corporate governance compliance is more effective in assisting board decision making

-Defining ethical corporate governance compliance

-Establish the case for supporting ethical corporate governance compliance

Reference no: EM132920133

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