How to make polenta from plain old cornmealâand why you might want to hold out for the real deal. A few nights ago I found myself standing in the bulk section of my grocery store, staring blankly at a bin of cornmeal. I had come in search of polenta, which I had planned to make for dinner.
The purpose of corporate governance is to facilitate effective, entrepreneurial and prudent management that can deliver the long-term success of the company.Corporate governance is the system by which companies are directed and controlled.Boards of directors are responsible for the governance of their companies. The shareholdersâ role in governance is to appoint the directors and the auditors and to satisfy themselves that an appropriate governance structure is in place.he purpose of corporate governance is to facilitate effective, entrepreneurial and prudent management that can deliver the long-term success of the company.
Interest in the corporate governance practices of modern corporations, particularly in relation to accountability, increased following the high-profile collapses of a number of large corporations during 2001â2002, most of which involved accounting fraud; and then again after the recent financial crisis in 2008.nternal stakeholders are the board of directors, executives, and other employees. Much of the contemporary interest in corporate governance is concerned with mitigation of the conflicts of interests between stakeholders.