Corporate governance is the system of rules, practices, and processes
by which a firm is directed and controlled. My experience with
corporate governance is working in a helicopter company with a set
chain of command. We have a General Operations Manual (GOM)
and company manual which outlines every job position's roles in the
company. We have managers, reservation agents, pilots, drivers, ramp
ground crew, mechanics, and finance. Each department has very strict
rules, practices, and processes. These must be followed to ensure a
safe and compliant operation. Integrity and ethics start from the
owners and managers. If they do not have this, then employees won't
have it. Everyone in the business has a very critical role and
responsibility in the business.
Works Cited
Chen, J. (2022, August 26). What is corporate governance?
Investopedia. Retrieved September 18, 2022, from
https://www.investopedia.com/terms/c/corporategovernance.asp
