Why Corporate Governance Matters: A Case Study of Arik Airline

The business dictionary defines corporate governance as, “The framework of rules and practices by which a board of directors ensures accountability, fairness, and transparency in a company’s relationship with all its stakeholders (financers, customers, management, employees, government, and the community).” Based on the above – and on our understanding of the crucial role of stakeholder management in ensuring sustainability – it is evident that companies need to set these rules and abi

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