alexa A Focus on Corporate Governance and the Relationship with Business
ISSN: 2151-6219

Business and Economics Journal
Open Access

OMICS International organises 3000+ Global Conferenceseries Events every year across USA, Europe & Asia with support from 1000 more scientific Societies and Publishes 700+ Open Access Journals which contains over 50000 eminent personalities, reputed scientists as editorial board members.

Open Access Journals gaining more Readers and Citations

700 Journals and 15,000,000 Readers Each Journal is getting 25,000+ Readers

This Readership is 10 times more when compared to other Subscription Journals (Source: Google Analytics)

Review Article

A Focus on Corporate Governance and the Relationship with Business

Vartikka Indermun1 and Mohamed Saheed Bayat2*

1Academic Lecturer at Management College of Southern Africa, South Africa

2Academic Dean-Management College Southern Africa and Adjunct Professor University of Fort Hare, South Africa

Corresponding Author:
Dr. Mohamed Saheed Bayat
Academic Dean- Management College Southern Africa
and Adjunct Professor University of Fort Hare, South Africa
Tel: + 27216859072
E-mail: [email protected]

Received Date: January 07, 2014; Accepted Date: January 23, 2015; Published Date: January 30, 2015

Citation: Indermun V, Bayat MS (2015) A Focus on Corporate Governance and the Relationship with Business. Bus Eco J 6:137. doi: 10.4172/2151-6219.1000137

Copyright: © 2015 Bayat MS, et al. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.



Corporate governance and business has become the focus for the 21st century. Corporate governance is about the way power is exercised over corporate entities. Business will ensure that the way companies are governed ethical dimensions and power is exercised over them. In other words, business ethics is inherently part of corporate governance. It is not an optional exercise in corporate citizenship. In today’s environment stakeholders have high expectations that companies should be run in accordance with good corporate governance practices. As a practical matter, many companies recognise that to encourage positive behaviours and repeat business with their customers, they need to undertake their business in the right way. Companies therefore draw up their values, embed them with their employees, and monitor that they do business according to them, knowing they will be held to account if they do not. The values espoused include for example integrity, honesty and openness. However not all companies do this. The questions of what is the “right way to run a business” are inherent in all aspects within corporate governance which will include an ethical focus. Corporate governance lies at the very heart of the way businesses are run. The extent to which business decisions reflect values and principles is a key to long term success. The article focuses on various dimensions and obligations and ultimately looks at different elements and stages in relationship to various practices. A focus of Friedman’s theory is also provided and ultimately the characteristics of the King Report on Corporate Governance is reflected and discussed.


Share This Page

Additional Info

Loading Please wait..
Peer Reviewed Journals
Make the best use of Scientific Research and information from our 700 + peer reviewed, Open Access Journals
International Conferences 2017-18
Meet Inspiring Speakers and Experts at our 3000+ Global Annual Meetings

Contact Us

Agri, Food, Aqua and Veterinary Science Journals

Dr. Krish

[email protected]

1-702-714-7001 Extn: 9040

Clinical and Biochemistry Journals

Datta A

[email protected]

1-702-714-7001Extn: 9037

Business & Management Journals


[email protected]

1-702-714-7001Extn: 9042

Chemical Engineering and Chemistry Journals

Gabriel Shaw

[email protected]

1-702-714-7001 Extn: 9040

Earth & Environmental Sciences

Katie Wilson

[email protected]

1-702-714-7001Extn: 9042

Engineering Journals

James Franklin

[email protected]

1-702-714-7001Extn: 9042

General Science and Health care Journals

Andrea Jason

[email protected]

1-702-714-7001Extn: 9043

Genetics and Molecular Biology Journals

Anna Melissa

[email protected]

1-702-714-7001 Extn: 9006

Immunology & Microbiology Journals

David Gorantl

[email protected]

1-702-714-7001Extn: 9014

Informatics Journals

Stephanie Skinner

[email protected]

1-702-714-7001Extn: 9039

Material Sciences Journals

Rachle Green

[email protected]

1-702-714-7001Extn: 9039

Mathematics and Physics Journals

Jim Willison

[email protected]

1-702-714-7001 Extn: 9042

Medical Journals

Nimmi Anna

[email protected]

1-702-714-7001 Extn: 9038

Neuroscience & Psychology Journals

Nathan T

[email protected]

1-702-714-7001Extn: 9041

Pharmaceutical Sciences Journals

John Behannon

[email protected]

1-702-714-7001Extn: 9007

Social & Political Science Journals

Steve Harry

[email protected]

1-702-714-7001 Extn: 9042

© 2008-2017 OMICS International - Open Access Publisher. Best viewed in Mozilla Firefox | Google Chrome | Above IE 7.0 version