Study with the several resources on Docsity
Earn points by helping other students or get them with a premium plan
Prepare for your exams
Study with the several resources on Docsity
Earn points to download
Earn points by helping other students or get them with a premium plan
Lecture Nore on effective organization management
Typology: Summaries
1 / 16
This page cannot be seen from the preview
Don't miss anything!
Being a Paper Presented
By
Adeyinka Hassan
LL.B (BL); LL.M; MBA; M.SC.; FCIS; FCIA
At
the Inaugural Induction of the Association of
Corporate Governance Professionals in Nigeria
(ACGPN)
Agency Problems in
Organizations
Managers have the tendency to maximize
their benefits at the expense of the
Shareholders as a result of the conflicting
interest.
Corporate Governance is therefore a tool
for mitigating the Agency problem
created by conflict of interest.
Corporate Governance is broadly
defined as the system by which
Organizations are directed and
controlled. It is about conducting the
affairs of Organizations in fairness to
all the organization’s stakeholder.
Corporate Governance: Catalyst to Organizational
Effectiveness
Strong Corporate Governance Mechanism have been
found as veritable tool for Organizational effectiveness
Weak Corporate Governance Mechanism is directly
related to weak Organizational performance
Good Corporate Governance has been observed to have
positive link with national economic growth and
development
effective Corporate Governance
transition economy to build functional institutions for
economic growth
of capital and contributes to the development of
financial markets
transition economy to attract foreign investments
regulatory framework of transition economies
key Organizational building ingredient for
effectiveness.
