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Corporate governance and business ethics the national codes all emphasize the ethical nature of good corporate governance. Part two roles and responsibilities of corporate governance participants 87. Thematically, the main difference between corporate governance and ethics is that the ethics are the philosophical and morally decent standards that a corporation attempts to stand by, while governance processes are the means by which a corporation attempts. Book corporate governance corporate governance and accountability. Corporate governance is the set of processes, customs, policies, laws, and institutions affecting the way a corporation or company is directed, administered or controlled. Business ethics, corporate social responsibility, and. A corporate governance framework is a detailed governance, risk and compliance system which.
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