What are The Three Pillars of Corporate Governance? | Convene

The three pillars of corporate governance are: transparency, accountability, and security. All three are critical in successfully running a company and forming solid professional relationships among its stakeholders which include board directors, managers, employees, and most importantly, shareholders.What is corporate governance?Corporate governance encompasses the rules and practices that guide how an organization is managed and operated. It aims to enhance leadership, decision-making, and operational excellence within a company, as well as promote long-term sustainable growth.At its core, the purpose of corporate governance is to ensure that the interests of all stakeholders are taken into account, from shareholders, management, customers, and employees. It also helps maintain a balance among different stakeholders, avoiding any undue concentration of influence or power within any specific group.Effective corporate governance forms the foundation for promoting responsible management...