Essay: Complex Corporate Governance Issues

Sample Essay

Understanding corporate governance and in fact setting high corporate governance standards is highly essential for companies. When particularly talking of pharmaceutical companies, there is a need to pursue best practices towards good corporate governance. The policies and procedures of a company should reflect their core values, system of accountability and professionalism in all of their departments. (New indicators for the UK pharmaceutical industry, 2002)

Also as part of their their social responsibility, they need to work towards improving their corporate methodologies, procedures and practices. This way they can guarantee a long termvalue for all of the company stakeholders.

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