Corporate Governance is Good Business
Lane Powell Shareholder Gordon Crim authored an article titled “Corporate Governance is Good Business.” In the article, Crim discusses policies and practices that help ensure proper oversight and control of various business functions and situations, including information gathering and disclosure, ethics and conflicts of interests, internal controls, transparency and accountability.
A well-managed business of any size can benefit from the adoption of good corporate governance practices, which need not be crafted from scratch. Examples of appropriate policies can be found in the annual reports and proxy statements of public companies, available on the SEC website. No matter what size of company, good corporate governance is simply good business.