November 18, 2015

Imperatives of Corporate Governance in National Development

Enron Corp., WorldCom, Parmalat, Barings Bank and so on are multiple examples of global brands that had bit the dust for lack of good corporate governance practices and lessons for corporate organizations world over, including Nigeria. President and Chairman of Council, Chartered Institute of Personnel Management of Nigeria (CIPM), Anthony Arabome noted that events in the global marketplace and in government at all levels over the last three decades and the world’s reaction to them, created a global economic order based on rectitude, which demands honesty, transparency and integrity as mandatory prerequisites for doing business responsibly and gainfully.

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