Answer: The current trend in corporate governance is:
- ESG is here to stay
- Human Capital concerns
- Hybrid & virtual board and shareholder meetings
- Data privacy regulations etc.,
Examples:
Reducing the cost of capital by implementing good corporate governance practices.
Step-by-step explanation:
Corporate governance is the system of rules, practices, and processes by which a company is directed and controlled.
It refers to having the appropriate people, processes, and structures to direct and manage the business and affairs of the company to enhance long-term shareholder value, whilst taking into account the interests of other stakeholders.