State the requisites of good corporate governance, 8, 12

State the requisites of good corporate governance, 8, 12 and explain as to why accountability is regarded as the key to success in corporate governance.
Ek acchi corporate governance ke liye, nimnlikhit aavashyaktae hai:

8 Aavashyaktae:

  1. Transparency – Kisi bhi faisla ke peeche ki prakriya ka khulaasa hona chahiye.
  2. Accountability – Ek company ke decision makers ka jimmedari hona chahiye.
  3. Fairness – Sabhi shareholders ke saath sammanjasy aur nyay hona chahiye.
  4. Responsibility – Company ke niyam aur kanoon ko samman se paalan karna chahiye.
  5. Independence – Company ka board independent hona chahiye.
  6. Leadership – Company ke senior executives mein acchi leadership qualities honi chahiye.
  7. Competence – Sabhi employees mein acchi kshamata honi chahiye.
  8. Ethical – Company ki sabhi activities ethical honi chahiye.

12 Aavashyaktae:

  1. Board ke power aur responsibilities ko clear karna
  2. Independent directors ke appointment ko ensure karna
  3. Shareholders ke rights ko protect karna
  4. Annual General Meeting ki aavashyakta ko ensure karna
  5. Audit Committee ki appointment ko ensure karna
  6. CEO aur CFO ki appointment aur unki compensation ko fix karna
  7. Insider trading ko prevent karna
  8. Corporate frauds ko prevent karna
  9. Related party transactions ko disclose karna
  10. Risk management aur internal control system ko establish karna
  11. Financial reporting ke liye high standards set karna
  12. Legal compliance ko ensure karna

explain as to why accountability is regarded as the key to success in corporate governance.

Corporate governance ka success accountability par nirbhar hota hai. Company ke executives aur board ke members ka jimmedari hona chahiye ki wo company ke saare stakeholders ke liye sahi aur nyay ke taur par decisions le rahe hai. Agar company ka board aur executives accountable nahi hai, to wo shareholders, customers, employees, aur society ke liye nuksaandayak karyo mein lipta ho sakta hai. Accountability corporate governance ka ek mukhya tattva hai kyunki yeh company ke sare stakeholders ke liye vishwas aur confidence create karta hai.

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