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How should companies measure value creation while charting out a corporate governance initiative?

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How should companies measure value creation while charting out a corporate governance initiative?

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Value creation can be measured by comparing short-term profits with long- term sustainability. The other way to do it is to compare specific company initiatives in corporate governance with competitors in the industry and understand the extent to which the systems leading towards a corporate governance norms need to be professionalised. Along with this, the company also needs to constantly communicate the strategies and growth options to the market to reduce the expectation gap between the companys actual potential and the market perception. From a cultural standpoint, what do you think are appropriate dynamics by which companies can tread the path towards creating an ideal corporate governance system? The need is to have individual and collective self-accountability. Right from the smallest bit of expenditure that the employee incurs on a stationery to other major business process costs, if there is a sensitivity towards how transactions big and small in the final analysis will impact

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