Article Abstract:
The increase of shareholder value through good corporate governance at all levels of a business has become more important for corporate directors and the interests of shareholders and employees must be aligned. Action is the key to changing corporate culture, and this involves compensation, target setting, objectivity, negotiation and an entrepreneurial mindset. In addition, the measurement of the economic performance of the business must be made clear and aligned with governance.
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Article Abstract:
Annual meetings have changed between 1988 and 1998. The meetings used to be public relations events but have become accountability events because of a change in shareholders. Current shareholders are interested in the performance of a company rather than the value of the refreshments served.
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Article Abstract:
Corporations in Japan are having to bring their management into line with what is practised internationally. This is a major change for Japanese culture where practises meant corporations were less concerned with answering to shareholders.
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