Impact of Corporate Governance on Sustainability
Added on 2020-05-11
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Running head: GOVERNANCE AND SUSTAINABILITYGovernance and SustainabilityName of the Student:Name of the University:Author Note:
1GOVERNANCE AND SUSTAINABILITYExecutive Summary:The report gives an overview of Corporate Governance and the contribution it makes indetermining the higher standards of accountability and business performance accountability inthe IT industry. The report therefore, discusses about the theories and policies of CorporateGovernance towards the IT industry. There is also further discussion on the implementation ofthe policies and contribution of the Corporate Governance on the business performance andaccountability in respect to two IT companies in Australia.
2GOVERNANCE AND SUSTAINABILITYTable of ContentsIntroduction:....................................................................................................................................3Theories of Corporate Governance towards IT Industry.................................................................3Policies of Corporate Governance in Australia towards the IT Industry.........................................4Implementation of Corporate Governance towards IT Industry......................................................8Contribution of Corporate Government Contributes in Higher Standards of Accountability and Business Performance in IT Sector................................................................................................10Conclusion:....................................................................................................................................12References:....................................................................................................................................14
3GOVERNANCE AND SUSTAINABILITYIntroduction: The report is a discussion on Corporate Governance and its contribution in determiningthe higher standards of business performance and accountability in the Information Technology(IT) industry in Australia. Thus, the report proceeds with a discussion in the theories ofCorporate Governance towards the IT sector or industry. There is also discussion on the policiesof Corporate Governance towards the IT industry in Australia and the implementation on the ITsector. The report further describes the contribution of the Corporate Governance in themaintenance of accountability and business performance in respect to two IT companies ofAustralia. Theories of Corporate Governance towards IT IndustryCorporate governance is a business process driven ethically and is committed to thevalues focused at the enhancement of the wealth generating policy of an organization. This kindof governance ensured through business decisions made ethically thereby ensuring conduction ofbusiness of the firm by maintaining commitment to its values while meeting the expectations ofthe shareholders. In this regard, if one takes the example of Infosys, Australia, then one can findthat the affairs of the company is conducted in a fair manner(Larcker & Tayan 2015, p. 65). Thishelps in retaining and gaining the trust of the shareholders. Infosys thus believes in following acorporate governance framework that enables effective shareholders engagement that helps thecompany evolve with the changing times. Thus to ensure highest standards of corporategovernance a well-informed, independent and active board is required. Therefore, the board ofdirectors represents the core of corporate governance practice at Infosys that takes care of howthe management operates and thereby helps in protecting the long-term interest of the
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