Corporate governance is defined as a set of rules and principles governing the correct management of a company, in order to manage it, to control the conflict of interests or to eliminate it as much as possible, and to use the company’s assets to maximize the interests of investors. Corporate governance can be considered as a control process that exists between managers, shareholders and stakeholders to ensure the interests of all owners and stakeholders, a process that has control in the direction of accountability, more transparency in providing information and proper reporting. Corporate governance is one of the common concepts in today’s business world, which has been raised since the 1990s in the industrialized countries of the world. In Iran, since 2003, measures have been taken by the stock exchange organization to establish corporate governance. It is obvious that in order to attract investors to the country’s capital market, which leads to economic growth, the implementation of the principles of corporate governance should become a mandatory process, so that the risk of investors is reduced, and for this reason, their confidence to invest in the capital market and finally to improve transparency in the market. Let’s be capital.
Part of the book: Corporate Governance - Evolving Practices and Emerging Challenges [Working title]