The parties affected by the quality and rigor of an organization's corporate governance are the company's stakeholders, that is, its group of employees, investors, customers and the community.
The responsibilities of corporate executives with their stakeholders is to promote development and generate value through their practices, products and services.
Corporate governance encourages the development of an ethical internal environment supported by practices that benefit the development of the company's macro environment, such as environmental protection practices and social development programs.
Therefore, a company that adopts corporate governance is capable of creating value for stakeholders, increasing the transparency of its processes and reliability, generating greater positioning and competitiveness.
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