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Corporate Governance in the Modern Era

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Corporate Governance in the Modern Era   Corporate boards in this era are faced with significant and unprecedented trials including but not limited to the COVID-19 pandemic crisis, the economic fallout and more. The Boards of directors have been compelled to direct and navigate unanticipated risks created by these sources whilst ensuring business financial performance. This also means that a good board of directors will have to include individuals from diverse background to enable strong governance and better handling of unprecedented circumstances.   What is Corporate Governance?   As stated by (Kiradoo, 2016) , corporate governance is the set of best practices and moral conduct that supports the serving the stakeholder interest. The rules of corporate governance are set with fairness, integrity, honesty, social responsibility and independence at the core (Tricker, 2015) .   As defined by (Zingales, 1998a) , “governance systems as the complex set of constraints th...