Good Corporate Governance has the following major characteristics: – KEY: CPT FEAR
i)Â Â Â Â Â Â Â Â Â C-Consensus Oriented.
ii)Â Â Â Â Â Â Â P-Participatory.
iii)Â Â Â Â Â Â Â T-Transparent.
iv)Â Â Â Â Â Â Â F-Follows the rule of the law.
v)Â Â Â Â Â Â Â Â E-Equitable, Efficient, Effective. vi)Â Â A-Accountable.
vii)Â Â Â Â Â Â R-Responsive.
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