The rise of corporate governance in Asia - what's next?
Companies must institute a corporate purpose unique to their organisation, accompanied by a best practice governance function.
GOOD corporate governance starts with having a clear corporate purpose. This goes well beyond obvious business objectives, such as delivering goods and services to customers, providing jobs or creating shareholder value.
Having a clear corporate purpose means being certain about exactly why an organisation exists.
In order to identify a company's true corporate purpose, the business needs to be considered from every angle so as to truly reflect its unique history, vision and strategy.
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