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hello and welcome to marketing91.com principles of corporate governance are fairness fairness refers to equal treatment for example shareholders should receive equal consideration in proportion to their respective shareholdings moreover all stakeholders including employees communities and public officials should be treated fairly accountability corporate accountability refers to the obligation and responsibility to explain the companys actions and conduct the board should present a balanced and comprehensible assessment of the companys position and prospects and it should employ prudent risk management and internal control systems it should communicate with stakeholders at regular intervals a fair balanced and comprehensible assessment of the companys sections towards achieving its business objectives responsibility the board of directors have authority to act on the companys behalf hence they should resume complete responsibility and exercise the authority ingly the board of direc
