Implementation of Corporate Governance in Improving Transparency and Sustainability of Companies in Global Market

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Diterbitkan: 2023-07-16
Kata Kunci:
Corporate governance, Transparency, Accountability, Sustainability, Global challenges, Stakeholder engagement, Governance framework

Isi Artikel Utama

Jeje Abdul Rojak
Universitas Islam Negeri Sunan Ampel Surabaya
Yusuf Rahman Al Hakim
University of Mayjen Sungkono Mojokerto

Abstrak

Corporate governance plays a critical role in ensuring the transparency, accountability, and sustainability of companies in an increasingly complex global environment. This study examines how effective corporate governance practices can help companies manage risks, strengthen stakeholder trust, and create long-term value. Transparent decision-making, ethical business practices, and sustainable development are at the core of corporate governance, facilitating the company's ability to respond to regulatory changes and market dynamics. Key components such as top management commitment, clear decision-making processes, and stakeholder engagement are important for maintaining governance integrity. The research highlights the importance of regularly assessing governance structures to adapt to evolving regulations and market challenges. The findings suggest that companies with strong governance frameworks are better equipped to navigate global challenges, secure competitive advantages, and ensure sustainability. By fostering a culture of responsible corporate governance, companies can improve not only their financial performance but also their social and environmental impact, contributing to long-term success in the global marketplace.

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Terbitan

Vol 3 No 2 (2023): Journal of Social Science Studies (JOS3)

Bagian

Articles

Cara Mengutip

Rojak, J. A., & Al Hakim, Y. R. . (2023). Implementation of Corporate Governance in Improving Transparency and Sustainability of Companies in Global Market. Journal of Social Science Studies, 3(2), 101-106. https://jos3journals.id/index.php/jos3/article/view/258

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