Characteristics of good corporate governance

Good Corporate Governance has the following major characteristics: – KEY: CPT FEAR

i)          C-Consensus Oriented.

ii)        P-Participatory.

iii)        T-Transparent.

iv)        F-Follows the rule of the law.

v)         E-Equitable, Efficient, Effective. vi)   A-Accountable.

vii)       R-Responsive.