Good corporate governance really is good for everyone
Studies show the benefits make for stronger companies and economies, and enable countries to withstand crises
The economy has been particularly hard hit by our response to the Covid-19 pandemic. As the dust begins to settle, business and the government are moving (with varying degrees of urgency) to set their organisations and the economy on the road to recovery. One effective weapon we have in our armoury should not be ignored: corporate governance.
A 2018 article by the International Finance Corporation’s corporate governance lead for Europe and Central Asia, Merima Zupcevic Buzadzic, lists ways in which corporate governance can help countries out of a crisis. She argued that corporate governance creates the framework to enable economies to recover from wars or economic meltdown. Buzadzic also made the important point that a commitment to corporate governance sends a powerful message to a demoralised country and the outside world...
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