The Role of Corporate Governance in Preventing Corporate Misconduct

Abstract

Corporate governance plays a crucial role in preventing corporate misconduct by establishing a framework of rules, practices, and processes to ensure transparency, accountability, and ethical behavior within organizations. This article explores the various mechanisms of corporate governance that contribute to mitigating misconduct, including board structures, internal controls, and regulatory compliance. It examines case studies of corporate scandals where governance failures were prevalent and assesses the effectiveness of current governance practices in preventing such issues. By analyzing these aspects, the study aims to provide insights into strengthening corporate governance to safeguard against ethical lapses and ensure organizational integrity.