Concept of Corporate governance. Corporate governance has caught the interest and imagination of all segments of the corporate world. Governance has assumed greater significance in the light of series of corporate failings, both in public and private sectors. The society at large, have begun to loose faith in the infallibility of governance systems. What could be the minimum ethical standards is being debated. The characteristics of governance, when applied in ...
Drucker analysed management into fundamental yet practical topics such as what is management, what is a business, how it is organized and managed etc., to recall some of his gems, “Management means the substitution of thought for brawn, knowledge for blind faith and cooperation for force,†“Management is the catalyst which makes possible economic and social development in freedom and dignity. Its legitimacy rests on a code of responsibility and ...