Corporate Governance in Need of Reforms: What Areas of the System Should Be Reformed First and How?

John E.H.J. FoEh, Diah Ayu Permatasari, Jhonni Sinaga
International Journal of Economics and Business Administration, Volume X, Issue 4, 73-81, 2022
DOI: 10.35808/ijeba/788


Purpose: The aim of this article is to examine the need for posible chaanges in Corporate Governance. Design/methodology/approach: With the advent of technology, the ease of doing business is exponentially rising day by day. After experiencing the industrial revolution centuries ago, the world has been obsessed with it ever since and there is never a looking back but only moving forward, almost at the speed of a bullet train. With the ease of doing business, particularly in all and every field, the whole concept of industries, investors, proprietorships, negotiations, trade, marketing, almost every key element of a business corporation has evolved and is still evolving with changing times and changing needs. Findings: We all know and can agree that change is the only constant in life, and the sooner we adapt to the changes around us, the better and easier it will be for us to keep ourselves updated and advanced. Practical inplemantation: The study will keep us in a sink with this rapidly enhancing globe regarding corporate governance. Originality value: With every little change, comes a few setbacks that need immediate or subtle fixing depending upon their intensity.

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