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Saturday, February 15, 2014

The role of stakeholders in Corporate Governance

The role of stakeholders in Corporate Governance

by law and encourage active cooperation between corporations and stakeholders in creating
wealth, jobs, and the sustainability of financially sound enterprises.
A. The corporate governance framework should assure that the rights of stakeholders that are
protected by law are respected.
B. Where stakeholder interests are protected by law, stakeholders should have the opportunity
to obtain effective redress for violation of their rights.
C. The corporate governance framework should permit performance-enhancing mechanisms
for stakeholder participation.
D. Where stakeholders participate in the corporate governance process, they should have access
to relevant information.

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