Communication, Leadership, and Corporate Governance in Business

This report examines the critical relationship between corporate governance, leadership, and communication within a business context. It highlights the importance of effective communication and leadership in establishing and maintaining robust corporate governance structures. The report emphasizes how these elements contribute to achieving organizational goals, managing stakeholder relationships, and ensuring ethical business practices. It explores the impact of leadership styles on corporate governance, with a focus on how leaders can influence and motivate teams. The assignment references relevant research and provides practical examples to illustrate key concepts and strategies. The report provides insights into how corporate governance structures should be designed to facilitate clear communication, effective decision-making, and overall business success. The report discusses how leaders can influence and motivate teams and provides practical examples to illustrate key concepts and strategies.

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COMMUNICATION THROUGH GOVERNANCE STRUCTURE AND
LEADERSHIP
Corporate governance is very critical in contemporary business practices as it aids
mechanisms to specify customs, institutions, policies and law that assists organizations while
they perform, control, lead and operate. It helps businesses achieve goal and objectives
besides assisting in managing the relationship between stakeholders including shareholders
and board of directors. Corporate governance structure determines the distribution of
responsibilities and roles of different organizational participants such as managers, leaders,
shareholders, and stakeholders by communicating procedures and policies for making
corporate decisions. By doing such, it helps corporate governance structure attain and
monitor core business objectives (Khan, 2011).
The previous company I worked in combined outcomes and behavior-oriented
approach within the overall governance of the firm. The leaders of my company worked with
both external and internal product designers alongside customers to develop their products
continually while making board members oversee every project undertaken to ensure
business practice comprised corporate governance in it. The above example shows that
corporate governance is about ensuring that each mechanism is in accord and that objectives
pursued by leaders do not diverge from company owners. Leadership in corporate
governance not only helps firms in communicating and influencing people but also directs
and motivate them to achieve group and organizational goals by demonstrating normative and
appropriate code of conduct through interpersonal relationships and actions (Agbim, 2018).

References
Agbim, K. C. (2018). Effect of Ethical Leadership on Corporate Governance, Performance,
and Social Responsibility: A Study of Selected Deposit Money Banks on Benue State,
Nigeria. International Journal of Community Development & Management Studies, 2,
19-35.
Khan, H. (2011). A Literature Review of Corporate Governance. International Conference
on E-business, Management, and Economics, 25, 1-5.