An MBA is an expensive degree, which is a dream of many students. Doing it requires one to do a lot of complex assignments like essays and research papers. It makes the students search for MBA essay help to get the aid of experts. They do it for various reasons, but the most common is they lack a good topic. They cannot decide the theme of their writing.
If you are one of these students, your problem can be solved if you read this article till the end. As it contains one of the best topics for your MBA essay, Corporate Governance. It becomes a good theme for your writing because it is easy to research. Moreover, it provides you with knowledge and can help you in your career. Also, this article will make you learn about its meaning, principles, and models. So, without wasting any time, start with the first section of the article.
What Is Corporate Governance and Its Benefits and Principles?
Corporate Governance is the rules, processes, and practices to run a business. Its sole focus is to manage the interests of all the stakeholders. It helps in making action plans and performance control. If corporate governance goes wrong, the profitability will reduce, and business can end. Now that you have understood its basics, it is time to learn why it is beneficial for the company. Reading it will improve your insights on the theme.
Benefits of Corporate Governance
Knowing the benefits that corporate governance holds for an organisation is essential. As it will enhance your knowledge of this theme. Moreover, you will get more content for your writing. So, start with the first one.
- Disclose the rules and processes that the company is following.
- Align the interests of investors, directors, and employees.
- Help the shareholders to know where the company is heading.
- Promote long-term financial viability, opportunity, and returns.
- Help the company to raise funds.
- Increase the share prices if the governance is good.
- Reduce the losses, waste, risk, and corruption.
- Game for resilience and long-term success.
So, this is all about the benefits of corporate governance. Now is the time to read its principles.
Principles of Corporate Governance
These are the principles of corporate governance. But if they sound complex, you can get expert aid by searching for essay help online. The experts will aid you in writing your task in the most helpful way.
- Fairness:The board should treat the employees, vendors, and communities with equality.
- Transparency: The board should provide the company with accurate information timely.
- Risk Management:The directors must identify all types of risks and find ways to deal with them.
- Responsibility:The board of directors handles the successful operation.
- Accountability:The board must disclose the purpose of the company and its results. It also should communicate the essential issue to the shareholders.
So, this is all about the meaning, benefits, and principles of corporate governance. The upcoming section has models to maintain corporate governance within a business.
Models of Corporate Governance
Corporate governance has many types serving various aims and interest groups. But this article contains the most important ones. There are many models of corporate governance that an organisation can follow. Some use the traditional hierarchy method, and others use the more flexible one. Moreover, different models are famous in various countries. So, it is time to start with the first one, which has many names and the most useful one.
Anglo-American
It has many names, like stewardship or political model. But the most common is the shareholder model. This model focuses on giving control to the directors and shareholders. But it avoids the control in the hands of the vendors and employees. Moreover, under this, the management has to run the company in alignment with the goals of the owners. According to the model, the shareholders will provide funds for the business.
Continental
Under this model, two groups hold the authority. One is the supervisory board, and the other is the management board. In this, the management board consist of insiders like its executives. Moreover, outsiders like investors and union representatives make up the supervisory board. Moreover, commercial banks can come into it. The shareholders can change the size of the board. This model also prefers the shareholder over the other.
Japanese
The Japanese model has many key players in it. The list includes the banks, affiliated entities, shareholders, management and government. Moreover, management includes only the insiders (who work inside an organisation). Also, kiretsu (Japanese term for shareholder) can change the management when required. Furthermore, this model lacks transparency because of the power of a few players. As, it focuses more on serving the group with power.
Social Control
It is the model that provides the finest framework structure to work. Under this, a company board includes the various groups. They have shareholders, employees, leaders, suppliers, and others. It helps to improve the company's internal processes and control systems. Moreover, it is one of the best ways to increase productivity and profits in different ways. So, this is the last model of the list.
Conclusion
So, this is all about the corporate governance. In the start, you read the meaning and the rules to direct the company and fulfil stakeholder goals. Moreover, it has the benefits and principles of corporate governance. You read it to make you understand everything about the subject. Getting in-depth knowledge about it will aid you in deciding whether you want to write about it. Then next section has different models of corporate governance. So, this is all about the corporate governance topic, which you can use to write your essay.
Still, if you want assistance in writing your task, you can get the aid of experts by searching for MBA essay help. They will help you to write an amazing essay in less time, which will help you get good grades. Since, they are doing ti for years and know how to solve all your problems. So, you do not have to take any tension if you get their help.